Ask a question and get answers from people who are customers of UTEX.
About UTEX:
UTEX is a trading platform that provides access to the US stock market. The exchange offers 10,000 stocks and ETFs, 100:1 leverage, built-in risk management, and the ability to deposit and withdraw in USDT.
First of all, I don't choose stocks out of the blue, I have my porftolio where I monitor around 20 differnet stocks, and a bunch of crypto as well.
But the first thing you look at is the perfomance, and how is the price behaving. When I see some forming powerful patterns and reaching reversal or breakout points, then I get active. It's not about a particular stock, it's just about the price.
No, the size of the bonus is fixed and won’t be bigger regardless of the factors. I also questioned this myself, and told my friend to deposit $150, but i received only $100 just like him. But it’s actually a lot, i don’t know any other place right now that gives $100 in bonuses and also earn 30% commission fees from all of the trades taken from the referral that i bring. This is actually very generous, and it’s still works, so it’s time to lock in and take the advantage while it’s still possible.
Thats pretty interesting question that i didn’t really think about before. From my experience, i don’t think so. I have 5 active referrals at the moment that bring me $500, but i’m not sure what their deposits were (might be more than $100). For this reason, no, you will receive only $100, but can you really complain about that? I highly doubt it
Per the info I found in their trading channel, it’s $100 and more deposit to get additional $100. In short, whatever amount your friend is credited, the bonus will remain the same. It won’t get bigger… I wish I try this on my one to figure it out but I don’t have any friends who are interested in trading, sadly:((
Both, because lets' say if trading crypto had some clear advantages over stocks, then nobody would have traded stocks, right? This is why Utex made sure it's equally comfortable to trade stocks and crypto, and this jus depends on your taste now.
Hmmm🤔🤔 I think stocks are a better option here, only because they have a ton of different assets. I’m not sure how many exactly, but you can scroll there for a minute or two, and it feels like a never ending list. On the other hand, if you want to trade crypto, they offer not as many asset options. I mean they still have a variety other than ethereum and bitcoin such as trump coin, arbitrum and others, but still, the overall numbers are smaller. When it comes to trading conditions, i think you would be comfortable with both of them, as the fees are low.
So you have margin trading for stocks and crypto. Also there is crypto spot and pre-ipo investing. What's uniquie is the conditions and the fees, the more you turnover the less you pay.
Crypto margin is a highly risky type of trading for traders. You need to use leverage to trade volatile cryptocurrencies, and as a rule of thumb, all those cryptos can rise and fall by 20-30% in one day without any problem. As a result, many traders were liquidated, and not every one of them returned to trading.
Crypto spot is a safer alternative, you can purchase real cryptocurrencies and hold them as long as possible like a real investor to expect the growth. You can even transfer all your cryptocurrencies from the Utex trading platform to your cryptowallet Metamask, Phantom wallet, Trust wallet and so on.
