Missed the SpaceX IPO? WEEX's "First Trade Protection" Lets You Experience US Stock Trading Risk-Free.

marsbitОпубликовано 2026-06-15Обновлено 2026-06-15

Введение

With the excitement around SpaceX's recent public listing reigniting interest in the US stock market, Chinese investors face significant challenges accessing compliant and convenient trading channels following regulatory actions against major online brokers. This article explores the available options, highlighting their risks and limitations. Traditional paths for US stock investments remain problematic. Qualified Domestic Institutional Investor (QDII) and Listed Open-Ended Fund (LOF) products, while compliant, suffer from high fees, significant purchase premiums, and a very limited selection of assets. Small, unregulated offshore brokers pose substantial risks, including potential insolvency. While secure, VIP accounts at banks in Hong Kong or Singapore require high minimum deposits (often 1-2 million RMB) and in-person visits, placing them out of reach for most retail investors. The article positions cryptocurrency exchanges, specifically their TradFi (traditional finance on-chain) offerings, as a compelling alternative. Platforms like WEEX are noted for providing access to a wide range of US stocks and ETFs, including SpaceX (SPCXON), through tokenized assets. This method offers advantages such as a single account for both crypto and traditional assets, USDT-based settlement avoiding fiat complexities, flexible leverage, and robust risk management. To attract users, WEEX is promoting a "First Trade Guarantee" campaign. Running from June 15 to July 8 (UTC+8), it feature...

The wealth creation myth of SpaceX has once again ignited the enthusiasm of Chinese investors for the US stock market. However, since internet brokers like Futu and Tiger were penalized by regulators, it has become increasingly difficult for domestic investors to invest in US stocks in a compliant and convenient manner. So, what channels are currently available for Chinese investors to allocate to US stocks? What are the risks and pain points associated with each type of channel?

Traditional US Stock Channels: High Barriers, High Premiums, and Policy Risks

For compliant cross-border investment, the mainstream paths currently available in the market are often "out of reach" or exhausting for ordinary retail investors.

1. The Safest Channel: Domestic Cross-Border Funds (QDII / LOF)

Subscribing to funds in the A-share market that track overseas financial assets (such as ChinaAMC Nasdaq ETF, Nasdaq 100 LOF, etc.) is currently the most formal investment channel in China.

However, these products have obvious shortcomings: relatively high comprehensive fees and a limited selection. The annual custody fees for such funds are typically 3 to 5 times those of native foreign ETFs, and they often come with extremely high purchase premiums (sometimes even exceeding 10%). This means assets that cost $1 in the US might cost $1.1 or more in the A-share market. Furthermore, the choice of such funds is very narrow. If you want to buy a dedicated fund directly linked to Nvidia or SpaceX, none exist.

2. Marginal Channels: Small Offshore Brokers

After platforms like Futu, Tiger, and Longbridge were penalized, some small offshore brokers still privately solicit Chinese clients.

But these small brokers face a scale paradox: once they expand, they are highly likely to face regulatory crackdowns; if they remain small-scale operations, their operational stability is insufficient, posing risks of bankruptcy or disappearing with funds. For investors, the security of funds cannot be ignored.

3. High-Net-Worth Exclusive Channel: HK/SG Bank VIP Accounts

Opening a securities account through banks in Hong Kong, China or Singapore, such as HSBC or DBS Bank, is a relatively safer method among traditional channels.

However, according to regulatory logic, these banks similarly cannot freely provide cross-border investment services to mainland retail investors. Therefore, they mostly only open them to VIP clients. The threshold typically starts at 1 to 2 million RMB in equivalent foreign currency, which is unattainable for ordinary people. Even if the capital threshold is met, investors often need to travel in person to the location to open an account, making the time, effort, and comprehensive costs extremely high.

Investing in US Stocks via Crypto Exchanges: Safe, Discreet, Convenient, Low Barrier

If you don't have millions in deposits to open a bank VIP account, don't have the time to specifically fly to Hong Kong or Singapore, and are sensitive to high transaction fees, then the TradFi (Traditional Finance on-chain) section of cryptocurrency exchanges is becoming the perfect alternative.

Now, bringing assets on-chain is the prevailing trend. Taking WEEX Exchange as an example, it has currently listed over 60 TradFi spot pairs and over 90 TradFi perpetual contracts. These include trillion-dollar tech and AI leaders like Nvidia (NVDA), Apple (AAPL), Tesla (TSLA); traditional value blue-chips like Walmart (WMT), Procter & Gamble (PG), ExxonMobil (XOM); popular Chinese concept stocks like Pinduoduo (PDD), JD.com (JD), Lenovo (LENOVO); as well as mainstream US broad market indices and core ETFs like S&P 500 ETF (SPY), Nasdaq 100 ETF (QQQ), and 3x Long Nasdaq (TQQQ).

On June 12th, the highly anticipated SpaceX officially listed on NASDAQ. WEEX promptly listed the SpaceX stock token SPCXON, allowing crypto users to instantly participate in this wealth feast. SPCXON opened at $120, and the next day, its intraday price rose to a high of $172.66, a maximum increase of 44%.

Why Choose WEEX TradFi?

Unlike some platforms in the market that use MT5-driven / CFD (Contract for Difference) models, WEEX emphasizes "Crypto-native Consistency," solving many pain points of traditional brokers:

One Account Connects Crypto and TradFi: Directly use your existing WEEX account to trade both Crypto native assets and TradFi assets, without needing to separately open a broker account as in the CFD model.USDT One-Click Settlement: No need for bank deposits or fiat currency conversion throughout the process. Deposit USDT and trade immediately, with profits settled in real-time.Flexible Leverage: WEEX TradFi supports two-way trading with freely adjustable leverage multiples. Up to 400x for precious metals, 100x for US stocks, and 50x for crude oil.Better Depth and Risk Control: WEEX TradFi uses a multi-level order book with optional limit/market orders, unlike the single quote system of CFDs. WEEX uses a mark price composed of multiple data sources to trigger liquidation, effectively avoiding the risk of single-platform price manipulation.

WEEX Launches "US Stock Protection" Campaign, Letting You "Win Without Losing"

The restrictions on traditional internet cross-border brokers have instead created a market opportunity for crypto exchanges. To attract more traditional investors and crypto users to experience US stock trading, WEEX is providing a $30,000 prize pool and launching the "First US Stock Trade Protection" campaign, offering all users a chance to "win without losing."

Campaign Period: 6/15 12:00 - 7/8 23:59:59 (UTC+8)

Campaign Entry: https://www.weex.com/zh-CN/events/promo/wxt-stocks

After registering, users who accumulate a total trading volume of 500 USDT in any US stock contract can unlock the protection/reward eligibility: If the first trade incurs a loss, they can receive a 100% reimbursement, up to 30 USDT in bonus. If the first trade is profitable, they will receive an additional 20% of the profit as a bonus, up to 30 USDT.

Furthermore, users whose cumulative trading volume in US stock contracts reaches 1,000 USDT will automatically unlock the "Consecutive Trading Challenge." They can receive corresponding bonuses based on the number of consecutive days trading US stocks, with a maximum of 30 USDT!

In 2026, a year where traditional cross-border investment channels are either dead or expensive, WEEX TradFi leverages Web3 technology to break geographical barriers and lower the participation threshold for traditional finance. This "First US Stock Trade Protection" campaign provides users with a risk-free trial opportunity where "losses are covered by the platform, and profits get extra rewards." Whether you are a crypto user wanting to capture the SpaceX surge or a traditional stock investor struggling to find a compliant channel, this opportunity is worth taking.

Связанные с этим вопросы

QWhat are the main pain points or risks for Chinese investors when using traditional channels to invest in US stocks mentioned in the article?

AThe main pain points and risks are: 1. High thresholds and policy risks. 2. High costs and premiums when using domestic cross-border funds (QDII/LOF), including high management fees (3-5x higher than native foreign ETFs) and high purchase premiums (sometimes over 10%). 3. Instability and security risks with small, unregulated overseas brokers. 4. High eligibility barriers for VIP bank accounts in Hong Kong/Singapore, requiring significant minimum deposits (1-2 million RMB) and in-person visits.

QAccording to the article, what advantages does using a cryptocurrency exchange like WEEX offer for trading US stocks compared to traditional channels?

AWEEX offers several advantages: 1. Security, privacy, convenience, and low barriers to entry. 2. A single account connects both Crypto and TradFi (traditional finance) assets, eliminating the need for separate brokerage accounts. 3. USDT settlement simplifies the process, requiring no bank deposits or fiat currency conversion. 4. Flexible leverage (up to 100x for US stocks). 5. Better market depth and risk control with multi-level order books and multi-source mark prices to avoid platform-specific price spikes.

QWhat specific promotional activity is WEEX running for US stock trading, and what are its key details?

AWEEX is running a 'First US Stock Trade Loss Guarantee' promotion. Key details: 1. Duration: June 15, 12:00 to July 8, 23:59:59 (UTC+8). 2. Eligibility: Users must register and achieve a cumulative trading volume of 500 USDT in any US stock contract. 3. Benefit: If the first qualifying trade is at a loss, WEEX offers a 100% rebate up to 30 USDT in bonuses. If it's profitable, WEEX gives an extra 20% of the profit, also up to 30 USDT. 4. Additional Challenge: Reaching 1,000 USDT in cumulative volume unlocks a 'Continuous Trading Challenge' with daily trading bonuses up to 30 USDT.

QHow does WEEX's TradFi product differ from the MT5-driven/CFD model used by some other platforms, as described in the article?

AWEEX emphasizes 'crypto-native consistency'. Unlike MT5-driven/CFD (Contract for Difference) models, it allows users to trade both Crypto and TradFi assets directly from their existing WEEX account without needing a separate broker account. It uses USDT for settlement instead of fiat, offers flexible leverage, and employs multi-level order books with limit/market order options rather than a single CFD quote. Its risk control uses a multi-source mark price for liquidation to avoid the risk of price manipulation on a single platform.

QWhat example does the article use to illustrate the opportunity for crypto users to participate in major US stock events through WEEX?

AThe article uses the example of SpaceX's listing on Nasdaq. WEEX promptly listed the SpaceX stock token (SPCXON), allowing crypto users to participate instantly. SPCXON opened at $120 and rose to a high of $172.66 the next day, representing a gain of up to 44%.

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