UTEX

2021-09-02 17:12:29 UTEX has launched trading in futures contracts on Outreach stock. The company is developing a sales force productivity platform that allows businesses to attract and retain customers.

More than 4,800 companies across the world depend on the company’s products. Outreach is the only sales engagement and intelligence platform to make the Forbes Cloud 100 three times in a row, and also be the 58th fastest-growing vendor in the category on the Deloitte Technology Fast 500.

Since its inception in 2014, Outreach has raised almost $500 million. The company's stock is currently valued at nearly $5 billion.

Outreach team didn’t specify timing for an initial public offering but said one could be in its future as an important event in the company’s cycle. We expect the value of Outreach to hit about $10-12 billion when it goes public in 2022-2023.

Go to UT Media to read about the advantages of pre-IPO futures and how they work. Open / Comment

2021-08-09 19:32:27 Margin trading with cryptocurrency

We have increased leverage to ×30 for trade with on UTEX through Aurora terminal.

You can trade all cryptocurrencies except USDT and UTT. We plan to considerably expand this list in the future.

To start trading now, you need to download Aurora. Also, the feature that will let you trade through the web interface is coming soon. But you can watch the teaser of the marginal web terminal right now (desktop only). Open / Comment

2021-08-05 19:52:48 Deposits and withdrawals in ETH, USDT, LINK, BAT, OMG, UTT are available again. Open / Comment

2021-08-05 12:16:48 Ethereum Update

Important: Today from 14:00 to 15:30 (UTC+3) deposits and withdrawals in ETH, USDT, LINK, BAT, OMG, UTT will be suspended on UTEX.

Details:

Ethereum network will undergo an update of its software. During the update, the network may experience glitches or network splitting.

To avoid possible problems, the deposit and withdrawal option for ETH, USDT, LINK, BAT, OMG, and UTT coins will be temporarily disabled on UTEX. This will allow us to make sure that the network runs properly and won’t affect trading.

If you have any questions, please contact us at support@unitedtraders.com. Open / Comment

2021-07-30 14:31:59 New deposit & withdrawal method on UTEX

Now you can deposit money on UTEX and withdraw it via PAYEER:

You can top up only your UTEX USD account. The minimum amount is $10, the fee is 2.5%.

You can only withdraw money from your UTEX USD account to your PAYEER USD account. The fee is 1.49%. Withdrawals may take from 10 seconds to 24 hours in case your order requires an additional security check.

You can exchange and withdraw your funds in PAYEER wallet in cryptocurrency (PAYEER has a list of available withdrawal methods). Withdrawal from PAYEER to card is available via currency exchange services. You can choose a suitable one with the help of exchange offices monitoring services.

Should you have any questions, please contact us by support@unitedtraders.com. Open / Comment

2021-07-14 18:13:53 We have added a new replenishment method. Using the Mercuryo payment service, you can top up your UTEX account with a card in any currency, and get Tether (USDT) coins in return. You can also use Apple Pay or Google Pay for replenishment.

Depositing via Mercuryo is available when you select the "Bank Card" option in the section "Wallets". Then you can sell Tether for USD at a rate of about 1:1 and buy any available instrument.

Please note that at the first replenishment you need to go through the identity verification (KYC) process in Mercuryo — it’s the mandatory service requirement. Open / Comment

2021-07-08 19:58:00 A new pre-IPO futures. MasterClass — online classes with celebrities

MasterClass platform allows you to learn from the most famous and successful people in the world: cook with Gordon Ramsay, make movies with Martin Scorsese or James Cameron, play tennis with Serena Williams and many other things. In total, MasterClass offers more than 100 courses on the platform, and each month this number is growing.

The company simultaneously operates in two spheres: online education and online entertainment and plans to enter the international market and start working with corporate clients.

According to our estimates, in 2020 MasterClass revenue was $250 million, and in 2021 it will grow to $400 million. MasterClass has raised a total of $461.4 million in funding. The company's current valuation on the private market is $3.3 billion. MasterClass will hold an IPO in 2022. The company's current private market capitalization will be $6-8 billion.

Check for more information about pre-IPO futures and how they work. Open / Comment

2021-06-24 20:01:23 New pre-IPO futures. Trax Retail: AI technologies for retailers

By our estimates, Trax Retail shares (the underlying asset of the futures) will grow by 150% ahead of its IPO.

Trax develops computer vision technologies for the retail industry. By scanning merchandise with a mobile app and cameras installed in stores, retailers can optimize allocation of products on shelves and predict future demand. The company also offers brands software that improves in-store marketing.

Trax dominates its market segment and was named one of the fastest growing technology companies on the Deloitte Technology Fast 500 list.

Over 10 funding rounds, the company has raised more than $1 billion from investors. Its current value in the over-the-counter market is $2.5B. Given the average P/S 25x for high-growth tech companies and Trax Retail’s large market size, the projected value of the company at IPO is $5-7B.

Read how pre-IPO futures work and what their advantages are. Open / Comment

2021-06-17 19:43:37 New pre-IPO futures. StoreDot: extra-fast charging batteries

By our estimates, StoreDot shares (the underlying asset of the futures) will grow by 200% ahead of its IPO.

StoreDot develops next-generation batteries that allow you to charge electric cars, drones and smartphones ten times faster. In 2014, a StoreDot battery recharged a smartphone in just 30 seconds. This year the company released the first batch of batteries capable of recharging electric vehicles in just 5 minutes.

StoreDot product is in high demand at least in three major industries: electronics, avionics (aircraft electronic equipment), and electric vehicles production. Electric vehicles could replace 20% of the world's traditional vehicles by 2030. The growth of this market is directly dependent on the mass production of ultra-fast recharge batteries.

StoreDot has raised $158 million in 8 funding rounds, its last round Series C in May 2018 valued the company at $400 million. British Petroleum, Daimler AG, Samsung Ventures, Singulariteam and Roman Abramovich's fund have invested in the company.

StoreDot’s OTC valuation — $600 million. According to Israeli edition Calcalist, StoreDot began merger talks with a SPAC at a valuation of $3.5 billion.

Read how pre-IPO futures work and what their advantages are. Open / Comment

2021-06-10 10:36:46 Tomorrow, June 10, 9 a.m. to 10 a.m. (MSK) the trading exchange's core will undergo an update. During the update, UTEX's main services (trading, wallets, etc.) will be out of order. We will let you know immediately after the exchange is fully restored. Open / Comment