UT Token

2021-03-18 17:56:16 An extra volume of futures on DigitalOcean stocks

Today at 19:30 (UTC+3) the market maker will list an extra volume of DigitalOcean pre-IPO futures on UTEX for you to buy freely. He will determine the futures’ price on the basis of the IPO’s pricing range and the demand for futures at the time of sale.

On March 24 DigitalOcean will go public on the New York Stock Exchange. As usual, you can join the IPO on the UT platform. But this time you have an opportunity to invest in pre-IPO as much close to the IPO date as never before — by buying DigitalOcean stock futures on UTEX.

Advantages. When you buy futures, you don’t have to deal with the share allotment problem (your order is executed in full at all times). You also pay zero-commission on profit (20% fee on the UT platform). In addition, futures, unlike an IPO investment, can be sold at any time without an early exit commission.

Important! When buying futures, be prepared that liquidity may be low before expiration and that you won’t be able to sell futures at prices close to the price of the underlying asset (DigitalOcean shares). We recommend using PRO-interface and limit orders.

Buy futures on DigitalOcean here: https://bit.ly/3lsSVr2 Open / Comment

2021-03-17 14:23:03 Changes to pre-IPO stock futures expiration dates

You repeatedly asked us to change the rules of trading in futures contracts on UTEX so that you could make money by exploiting the differences in stock prices at IPO (or with direct listing) and on the first trading day on the public market.

To meet our users’ needs, we have moved the expiration date of futures contracts in the event of a company’s IPO or direct listing to the 200th day of its offering. Thank you for helping us serve you better!

Important details:

We guarantee a buyback at the offering price for those futures that went into trading before the changes to expiration dates. All you have to do is to submit a sell order on the offering day and at the offering price, and we will execute it.

For the next 200 days after a company gets listed on a stock exchange, trading in its stock futures will continue as before the offering.

UTEX futures prices may differ from the prices at the exchange where these stocks are officially traded. This creates arbitrage opportunities, and we encourage you to make use of them.

In the future, we plan to completely move away from futures expiration so that trading continues indefinitely.

Buy pre-IPO futures here https://bit.ly/3tv3Rao Open / Comment

2021-03-05 18:06:54 UTT, a token issued by United Traders, now trades on UTEX paired with the US dollar and can be bought and sold freely.

UTT’s biggest advantage is that it enables you to pay commissions at a discount. The standard commission on a UTEX transaction is 0.2%, but you pay half as much — 0.1% if you pay with UTT tokens.

Example. Suppose you have one UTT token in your account, and the current UTT price is $0.3. You buy $150 worth of bitcoin on UTEX. If you pay the fee on the transaction with UTT tokens, it will be only $0.15 (0.1%), instead of $0.3 if you pay with dollars. If you use UTT to pay the fee, 0.5 UTT tokens will be automatically deducted from your account, and you still have 0.5 UTT left over.

A similar discount applies to futures trading: when you pay with UTT, the commission on such transactions is 1.5%, instead of 3%, the standard fee.

The UTT price for commission payment is based on the token’s current price on UTEX. Every transaction of tokens deduction for fee payment is shown in the "History" se Open / Comment

2021-03-04 20:03:14 Meet pre-IPO futures on UTEX! UTEX exchange now offers a new instrument for experienced investors — future contracts on pre-IPO stocks. This means you can start trading in futures on the stocks of 12 pre-IPO companies right away. The list includes: Ginkgo… Open / Comment

2021-03-03 16:29:32 UTEX now supports Tether (USDT) tokens of by far the most popular standard — ERC20 (Ethereum). These tokens can be used for depositing your account and withdrawing them to an external address. USDT Omni tokens are no longer available for deposits or withdrawals.

If you already have USDT coins in your UTEX account, they won’t be affected in any way. If you have before deposited your UTEX account with USDT Omni coins from an external address, you can withdraw them to a wallet supporting Ethereum.

The addresses of the new format (ERC20) start with "0x...". The addresses of the previous format (Omni) start with "1..." or "3...".

Buy and sell Tether here https://bit.ly/3e4hLff Open / Comment

2021-03-02 17:45:19 Meet pre-IPO futures on UTEX!

UTEX exchange now offers a new instrument for experienced investors — future contracts on pre-IPO stocks. This means you can start trading in futures on the stocks of 12 pre-IPO companies right away.

The list includes: Ginkgo Bioworks, Automation Anywhere, Coursera, Exabeam, Cohesity, SpaceX, ThoughtSpot, Algolia, DigitalOcean, Impossible Foods, Flexport, and Chime Financial.

Sell offers and the initial futures price are in the first place made by a market maker (who also provides liquidity). However, only UTEX users participate in trading. So the futures price depends only on their actions.

Futures trading continues unless a significant event related to the company takes place: IPO, direct listing, merger, etc.

The new instrument is a great addition to the arsenal of experienced traders and advanced investors that use our platform unitedtraders.com.

Wish you a successful trading! And don’t forget to consider all the possible risks involved before you make your decisions

To trade futures, go here https://bit.ly/3kCCNCU

More detailed description of this trading instrument will follow. Open / Comment

2020-11-23 17:35:26 Tomorrow, November 24, at 8 a.m. (MSK) UTEX will undergo a kernel update which will take approximately half an hour. During the update window, trading will be unavailable. Deposits and withdrawals will be accepted but processed only after the services are over. Open / Comment

2020-10-09 19:39:25 Newsbit crypto media has written a detailed article about the United Traders' history, UTEX exchange, and what has been done in the months since its launch. Read the full text here:

https://media.unitedtraders.com/posts/22696-utex-perfect Open / Comment

2020-09-29 18:11:34 Our support team often gets questions about deposits and withdrawals in UTEX. Our new post answers some of your most commonly asked questions:

Available deposit methods in USD

If UTEX offers withdrawals in US dollars

Why some cryptocurrency transactions may get canceled

Commission fees for cryptocurrency withdrawals

https://telegra.ph/Deposits-and-withdrawals-from-UTEX-answers-to-FAQs-09-29 Open / Comment

2020-07-29 18:16:14 We have made a few more tweaks to the trading exchange UTEX.

Improvements

In the simple trading interface, we have enabled "price protection". Sometimes, when you have a large transaction, there may be lack of offers at a specified price. In this case your order will be executed only partially (the maximum deviation of the price from the specified one is 0.1%), and the remainder will be returned to your account. In the vast majority of cases, everything will run smoothly — the transaction will be completed fully and at the displayed price. On other exchanges, in theory, your order may be executed at a price much higher than the declared one.

Improved calculation of the maximum available transaction amount. Now when the system calculates the maximum available transaction amount, it factors in commissions and the number of decimal places. Up to now application has shown a bigger purchase amount than what is actually available to user, so such application was rejected.

Fixes

We have fixed the errors that caused price charts in the trading interface to load incorrectly. We have improved the security of the data shown in the transactions history. The trading exchange is now more stable, secure and faster.

You may have missed something:

We enabled cryptocurrency margin trading service with leverage in the trading terminal Aurora

You can now use UTT tokens for a 50% trading fee discount in UTEX

Go to UTEX: https://bit.ly/2Exeg1h Open / Comment