If you do stake some UTK, though, we will increase your cashback. Because you are taking UTK out of circulation, which is good for the economic model. The more you stake, the more you get back with every purchase. So we are going to make it really advantageous for everyone to accept crypto and pay with crypto. Upon purchase, we provide a secure and reliable offline storage solution, ensuring the safety of stored UTK. We focus on simplicity to ensure you quickly master our platform and become a confident crypto investor.

Safe storage

To purchase UTRUST (UTK) on Huobi, you’ll want to click on the “Markets” tab and this will show you a library of coins to select. Huobi is advertised as an exchange for digital assets, meaning that you can purchase more than just cryptos. This Singapore-based exchange has been in business since 2013, and while it’s an excellent choice for purchasing Utrust, there are a few things to keep in mind. CoinSwitch is one of those crypto exchanges that never got too much attention, despite its features.

Token Exchange Stats

However, remember that your assets are under the control of the exchange platform, and their security is as reliable as the platform itself. They will ask you for your contact number, verify your bank account or your card (credit or debit), will ask you to upload an image of your photo ID as well. Only after the verification you will be able to buy cryptocurrency.

1. This is an excellent option to go for, but Trezor and Ledger are better in terms of expense and security.
2. You should really do this to protect your money from any hacking attempt.
3. You’ll first need to purchase one of the major currencies.

The UTK Token

Make a bank deposit or use your credit card to add funds even faster. Now, you are ready to buy UTK and 280+ other cryptocurrencies. Upon checkout, customers have 15 minutes to select the cryptocurrency they wish to pay with and confirm the transaction on the relative blockchain. As soon as the requested funds are pending in the address provided by Utrust, the payment is recognized in a matter of seconds.

UTRUST Stablecoin Exchanges

Here you can find list of all UTK exchanges where you can buy and sell UTRUST, trade UTK with other cryptocurrencies including stablecoins, and fiat currency. You can search by exchange name to find out if UTK is available on your desired crypto exchange. With several hundreds of cryptos available, CEX.io is the perfect place to purchase Utrust.

Opting for this method gives you quick, effortless access to your desired cryptocurrency. However, be aware that some exchanges might charge additional fees for card transactions. Utrust is a platform convenience yield commodity trading strategy that wants to address crypto low usability, especially when used for payments. The common issues are typically related to the high fees and the underdeveloped (and low) security system.

Also it makes shopping online a lot easier and faster for the buyer as the retailers have the option to accept a wide range of cryptos as payment options. With all that being said, remember that the crypto world can be extremely volatile so it is no large amazement that experts are divided on the fate of the UTRUST. If you want to invest in the project, make sure you only invest an amount you are willing to risk. UTRUST is a payments platform which enables vendors to accept multiple cryptocurrencies in real time without the risk of chargebacks or fraud issues. If you want to buy UTRUST with fiat currency, you can first buy USDT on Kraken with fiat and then transfer your USDT to an exchange that lists UTRUST. For example, the most popular exchange for trading [object Object] with USDT is Binance.

Also, while there is support for multiple fiat currencies, Bitfinex only supports wire transfers. The platform supports about 100 cryptocurrencies, but unfortunately, there is no option to purchase https://forexbitcoin.info/ Utrust with fiat currencies. Instead, you will have to use the available trading pairs to purchase Utrust. Despite that, with over 400 supported coins, it’s not a bad place to purchase Utrust.

Users will receive the same benefits as in Tier 1, but with larger rewards. Also, users receive a metal Visa debit card linked to their wallet. When making payments using the UTK token, users pay zero exchange rate fees. This provides further utility and promotes the use of the UTK token. Furthermore, Utrust could be a catalyst for a wave of big businesses accepting crypto payments.

As of June 2021, HitBTC supports over 500 cryptocurrencies and UTK is one of them. The platform is based on the Ethereum network, meaning that Utrust coins are ERC-20 tokens. Users can utilize the token to make payments, send and receive money, all without converting. There are 500 million UTK tokens, where 450 million of them are in circulation, while the remaining 50 million are locked.

Despite the many advancements in cryptocurrency payments, including the advent of crypto debit cards, it is still quite difficult to use crypto to make payments online. Most merchants are reluctant to accept crypto payments, which is particularly frustrating if you receive your salary in crypto. As cryptocurrencies and blockchain platforms started becoming popular in the past decade, more and more of them began to appear on the internet. In the early days, buying cryptocurrencies was a bit complicated, mainly because there weren’t dedicated crypto exchanges. Established in 2013, Gate.io has grown into a reputable trading platform. The exchange boasts a large number of altcoins, including UTRUST (UTK), and is often the first exchange to add new tokens.

Keeping UTK on the UTRUST app is an option that is promoted by the network. However, you can store your coin on any of the exchanges you lean toward, yet that can be seen as unsafe since your tokens are being held by a third party. Another option would be to use an appropriate crypto wallet that supports the token. You can choose between hardware or software wallets where the hardware one is more expensive but also safer. The process is rather simple, when you are looking to buy something from a retailer you can check if they have integrated UTRUST with their payment process.