Websea2026-09-29 12:21:02Websea withdrawal issues resurface as community moderator cites technical maintenanceWebsea has again come under scrutiny after multiple community users said withdrawals had been paused or were not arriving starting Sept. 25. In replies to user questions, a moderator in Websea’s official community said withdrawals were under maintenance for 「technical reasons」 and that an announcement would be issued as soon as service resumes. As of Sept. 29, users were still reporting withdrawal problems, and Websea had not published a formal public statement on the latest disruption. The renewed complaints follow an earlier episode this year. In April, Websea restricted withdrawals for reasons including asset verification and later restored them in stages. On Aug. 28, the platform said it had removed round-based withdrawal limits and that withdrawals had returned to normal. Websea’s proof-of-reserves snapshot dated Sept. 15 showed reserve ratios of 117% for USDT, 105% for BTC, and 118% for ETH. At the same time, balances in some previously disclosed wallet addresses have fallen noticeably from that snapshot. Still, because reserves involve many addresses, multiple blockchains, and third-party custody, the available information is not enough at this stage to determine the platform’s overall reserve condition.120
Websea2026-09-09 06:06:52Websea to appear at TOKEN2049 Singapore 2026 as gold sponsorGlobal digital asset trading platform Websea will appear at TOKEN2049 Singapore 2026 as a gold sponsor, according to ChainCatcher. The conference is scheduled to take place in October at Marina Bay Sands in Singapore. Websea said it will use the event to present its latest work in digital derivatives trading and innovative financial products. Publicly available information cited in the brief shows that the platform, now three years old, has surpassed 1.5 million registered users worldwide. Its recent average daily trading volume has reached $5 billion. The company has also built a broader business structure spanning digital asset trading, risk management, and traditional financial asset trading. The update outlines both Websea’s role at the event and a snapshot of its current operating scale.780
Websea2026-09-08 06:48:51Websea Launches Principal-Protected Copy Trading Growth Challenge with 20,000 USDT Prize PoolWebsea has launched the Principal-Protected Copy Trading Growth Challenge, offering a total prize pool of 20,000 USDT. The event started on September 8, 2026, at 14:00 (UTC+8) and will run until October 8, 2026, at 14:00. Participants can invite friends to earn up to 100 USDT in contract trial funds, while completing growth tasks in principal-protected copy trading can yield up to 600 USDT, totaling a maximum of 700 USDT per user.790
Websea2026-09-02 07:30:21Websea Exchange Ranking Jumps 26 Spots to 45th Globally, Enters Top 50Websea has climbed 26 positions in CoinGecko's global spot crypto exchange ranking, moving from 71st to 45th place and entering the top 50. The exchange scores 8/10 on Trust Score, with the ranking factoring in liquidity, cybersecurity, regulatory status, historical incidents, and proof of reserves.750
Websea2026-08-28 09:42:09Websea marks third anniversary with a push into risk controls, TradFi products and RWA accessWebsea has used its third anniversary to roll out a concentrated set of product and business changes, highlighting how mid-sized crypto exchanges are trying to stay relevant as the market splits in new directions. Over the past month, the platform launched or upgraded contract insurance, copy trading, VIP features, gold and silver CFDs, and its first proof-of-reserves report, while also co-hosting a global RWA summit in Almaty. Websea said it has more than 1.5 million registered users worldwide, and CoinMarketCap data showed its recent average daily trading volume at $5 billion. The moves point to three areas of focus: risk management, broader multi-asset trading and balance-sheet transparency. The company, founded in 2023, is operating in a market where larger exchanges are competing for global liquidity and compliance gateways, while on-chain trading is pulling away part of the long-tail asset demand. For platforms in the middle tier, product differentiation, regional positioning and user retention matter more than headline user numbers alone. The article also notes that Websea’s strategy still needs to be tested over time. Its contract insurance and copy trading products may help lower user barriers, but questions remain around rule clarity, sustainability and disclosure. Its TradFi expansion opens new trading scenarios, yet CFDs bring their own pricing, liquidity and risk-control demands. Proof of reserves and RWA outreach offer two separate growth paths, but neither can be judged from a single announcement cycle.950
Websea2026-08-28 03:12:37Websea marks third anniversary with withdrawals restart and long-term user incentive planWebsea said in an official announcement that it is marking its third anniversary by restoring withdrawal services starting Aug. 28 and rolling out a long-term incentive program for users. Under the plan, 15% of the platform’s monthly revenue will be allocated to a user incentive pool, while a third-anniversary points redemption campaign will launch at the same time. The platform also said it has continued to build around product capabilities, user services and global ecosystem expansion over the past three years. Recent moves include a full upgrade of its copy trading product and the launch of the “Websea Stellar Goddess Group” community IP. Websea added that it co-hosted a global real-world asset, or RWA, summit in Almaty, Kazakhstan, to deepen its presence in Central Asia and strengthen links with the RWA ecosystem. On transparency and asset security, the company said it has launched Proof of Reserves, or PoR, and a Merkle Tree self-verification tool to provide users with verifiable on-chain asset information.1120
Websea2026-08-01 10:03:41Websea to co-host global RWA summit in Almaty on Aug. 18Websea will co-host a global real-world asset, or RWA, summit in Almaty on Aug. 18, according to a ChainCatcher newsflash. The event is being organized together with Hong Kong Causeway Bay Group, the Asia Blockchain Association, the Central Asia (Kazakhstan) Zhejiang Federation, Natural Coal Mine Group, Orenance, and the World Kazakh Association. ChainCatcher said the Kazakh government and the country’s deputy prime minister have confirmed their attendance. The newsflash described Websea as a core co-organizing party and said it is the only digital asset trading platform in this summit to be included at the level of a Central Asian national strategy. It will also coordinate global resource matchmaking and agenda planning for the event. ChainCatcher added that the summit will be the first RWA-focused gathering in Central Asia backed by senior government officials while spanning multiple industries, including energy, finance, and blockchain. The report also said Websea’s positioning has expanded from product deployment to the on-chain arrangement of TradFi assets, with a focus on building an RWA asset trading hub.2340
Websea2026-07-10 14:13:13Websea Exchange Faces Withdrawal Restrictions Amid Audit, Users Cry FoulFollowing its Hong Kong Web3 Conference appearance, crypto exchange Websea has been hit by user complaints over withdrawal restrictions. The platform says limitations are temporary due to a financial audit, with pending off-chain requests to be refunded. Updates promised by April 30. WBS token plunges nearly 11%.410
