UTEX crypto exchange goes live

Oh, yeah! We’ve done a great job: optimized the technical platform, implemented additional functions, increased load resistance. Finally, we can can say: the exchange works just fine!

We believe that cryptocurrency is the future of finance. Over the past two years, we’ve been working hard on the United Traders Exchange (UTEX), a major project of ours. After a lengthy development process, several months of beta testing and two weeks of «quiet rollout», we can finally announce: UTEX is up and running and ready to welcome everyone.

The first launch of UTEX took place in April last year. As the opening event, we held a tournament for traders. However, we had to cancel the competition: about 20 thousand people accessed the platform at the same time, causing it and the trading interfaces to run erratically. As a result, we postponed the launch of UTEX and the tournament.

We took a lot of effort to eliminate errors: optimized the technical platform, implemented additional functions and handled possible negative scenarios. Among other things, we significantly increased load resistance. Here we reveal what is already available to UTEX users and our plans for the future.

Running now

  • Real cryptocurrency assets trading: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Tether, Chainlink, Basic Attention Token, OmiseGO, Ethereum Classic, EOS. The coin list will grow.
  • Stable trading system, extremely fast execution of buy and sell transactions at market price. Other types of orders will be added in the future.
  • Intuitive, simple and user-friendly website interface. UTEX is suitable both for beginner crypto traders and those who want to add cryptocurrencies to their investment portfolio. The trading PRO-interface will soon be open for all users.
  • Now you can deposit US dollars (through your account on unitedtraders.com). You can also make transfers from a bank account or card.
  • Two-factor authentication system for withdrawals and login via one-time codes, email or using the Google Authenticator app.
  • Legal status: UTEX is registered in Estonia, holds all the required licenses and is governed by the European Union laws.
  • 4 steps of KYC (identity verification) compliance that control the limit for deposits and withdrawals. At the minimum level (email and full name) you can deposit up to 1,000 euros per month.
  • Customer support: email or Telegram (@utex_help_bot).

Coming in future

The launch of UTEX is an important but not the final milestone of the road map approved after the ICO in 2017. The United Traders will continue to develop the project. Shortly soon we plan to introduce the option of UTEX fee payment with UTT tokens, the release of the interface for advanced users and mobile application for iOS and Android.

A detailed roadmap with the current progress on each item can be found on the UTEX home page. Follow the news on the UT Media website and UT Community in Telegram channel.

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