UBITEX
A crypto derivatives exchange platform that makes your trading easy.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $20.0m | Series A | |
| Total Funding | 000k | ||
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UBITEX operates as a cryptocurrency trading platform, presenting itself as a financial services entity with a focus on derivatives and automated market-making. The company states it was founded by Cambridge University graduates Alex Sandro and Nick, though some reports contest the identity of the CEO, suggesting the use of a fictional persona. Reports on its founding year vary, with dates cited as 2021, 2023, and 2024.
The firm's business model centers on providing a platform for both retail and experienced traders to engage in the digital asset markets. UBITEX generates revenue through trading fees from its services, which include spot, margin, and futures trading with leverage of up to 125x. A significant part of its model involves various staking and investment programs. These programs promise daily returns based on the duration of the stake, with options ranging from 15 to 180 days. The company also employs a multi-level marketing structure, offering referral bonuses and profit-sharing from the investments of referred users.
The platform's core offering is its trading exchange, which supports a wide range of cryptocurrencies. A key feature promoted by the company is its proprietary "FlyLeopard AI" technology. This system is described as an intelligent aggregator that analyzes market data, news, and on-chain transactions to provide traders with actionable insights. Beyond trading, UBITEX offers dual token staking, requiring users to stake a combination of its native UB token and a stablecoin like USDT. The company has stated plans to expand its ecosystem to include a crypto bank card, an application public chain, and AI-managed quantitative funds.
Keywords: cryptocurrency exchange, derivatives trading, AI trading, market maker, crypto staking, digital asset platform, FlyLeopard AI, UB token, futures trading, crypto financial services, Alex Sandro, blockchain finance, automated market making, crypto referral program, passive income crypto, secure crypto wallets, real-time market data, spot trading, margin trading, high leverage trading