We analyze the Utex scam: reviews, exposure of schemes, and ways to return stolen money.

The cryptocurrency exchange Utex provides services for trading digital assets and offers investment tools aimed at generating income.

The website utex.io is available in Russian and other languages, making it easier for clients from various countries to use. The appearance of the main page is shown in the attached image.

The platform does not disclose legal, registration, and contact information, indicating a high level of anonymity. Additional details may become available only after registration is completed.

Cryptocurrencies and trading on the exchange «Utex» 

The trading platform offers users an extensive list of digital assets for transactions, exchange, and investment. The assortment includes the most popular cryptocurrencies BTC and ETH, as well as:

• Cardano (ADA);
• Ripple (XRP);
• Litecoin (LTC);
• Stellar (XLM);
• Tezos (XTZ);
• Algorand (ALGO);
• Hedera (HBAR);
• VeChain (VET).

The commission fee set on transactions may vary depending on the chosen asset. More details can be found in the relevant section of the official resource.

Utex Cryptocurrency Exchange: Features

The platform does not disclose information about the possibility of converting digital assets into fiat money. In addition, there is no information on whether the cryptocurrency exchange acts as a direct participant in exchange operations or is limited to providing infrastructure for transactions between users.

As an alternative earning opportunity, the company «Utex» also provides the opportunity to earn by participating in a well-thought-out affiliate program. There are only five rates provided, access to which opens sequentially and depends on the amount of attracted audience.

How to deposit and withdraw money from the utex.io crypto exchange

The process of depositing and withdrawing funds is carried out using various payment instruments, including Visa/Mastercard cards, electronic, and cryptocurrency wallets.

You can start withdrawing funds by visiting the Utex personal account, selecting the desired method, and filling out the information form. The processing time for the application, established limits, or current commission fee are not presented in open access.

Conclusions about utex.io

The lack of legal information and the absence of detailed terms of cooperation may raise questions among potential users. Therefore, it is advisable to study reviews about Utex and check the project's position in the current cryptocurrency exchange rating.