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How to fund your account: by card or with crypto

Written by Sergei (CPO at UTEX.io)

You can fund your UTEX—Margin account by card in your own currency or with crypto. Your deposit is added to your account in USDT, a digital dollar worth approximately $1.

USDT transfers reduce reliance on banks and their restrictions. Funds are stored in cold wallets, reducing the risk of unauthorized access.

Deposit fees

UTEX does not charge deposit fees, but payment systems and payment providers may do so. Check their websites for details.

By card

You can deposit in your own currency. The payment system or provider converts the amount into USDT and transfers it to your UTEX account.

Supported currencies are USD, EUR, AED, AUD, BGN, BHD, BMD, BRL, CAD, CHF, CLP, COP, CZK, DKK, DOP, EGP, GBP, GEL, HKD, HUF, IDR, ILS, INR, ISK, JOD, JPY, KES, KRW, KWD, KZT, LKR, MXN, MYR, NGN, NOK, NZD, OMR, PEN, PHP, PLN, QAR, RON, RSD, RUB, SAR, SEK, SGD, THB, TRY, TWD, UZS, VND, and ZAR.

In the deposit form, select By bank card. RUB, KZT, and UZS deposits are handled by Hermes; other currencies use a partner's payment gateway.

Depositing in dollars, euros, and other currencies

Choose the currency you want to deposit.

Choosing a deposit currency.

Enter the amount and click Next →.

Entering the deposit amount.

Choose a payment method from the list.

Choosing a payment method before opening the partner's gateway.

You will be redirected to the partner's payment gateway. Follow the instructions on the screen. You may need to complete verification the first time you use it.

Depositing in RUB, KZT, or UZS

Choose the currency and amount, then contact Hermes to arrange a bank transfer or a cash deposit. A representative will provide payment details or arrange a meeting for a cash deposit, and add the funds to your UTEX account after payment.

Minimum deposits are RUB 10,000, KZT 500,000, and UZS 12,000,000. The partner offers more favorable terms for larger deposits.

With crypto

Tether USDT

  1. In the deposit form, select Via blockchain.

  2. Select USDT.

  3. Choose a network: ERC-20, TRC-20, or TON.

  4. An address and QR code appear. Click Copy and send USDT to that address.

The minimum deposit is 1 USDT. UTEX charges no fee. Check the network fee with the service you are sending from.

Other cryptocurrencies

If you have another cryptocurrency, deposit it into UTEX—Spot first, exchange it for USDT, and transfer the USDT to UTEX—Margin.

You can deposit USDC, BTC, ETH, LTC, UTT, OMG, BAT, LINK, XRP, ETC, XLM, XTZ, TRX, and DASH.

  1. In your UTEX—Spot wallets, click Deposit next to the coin you want to use.

  2. Follow the instructions in the form to deposit that cryptocurrency.

  3. Exchange it for USDT on UTEX—Spot.

  4. In the UTEX—Margin deposit form, select From UTEX—Spot account and transfer the USDT to Margin.

UTEX—Spot does not charge crypto deposit fees; network fees still apply. When you exchange cryptocurrencies, UTEX—Spot trading fees apply.

Transfers of USDT from Spot to Margin are free. The minimum transfer is 1 USDT.

If you have any questions, contact our support team.

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