UTK / UTRUST overview#UTK #UTRUST is a digital payment platform / merchant / payment solution.
The solution is cheap, fast, and safe. The project is comparable to Paypal (Current price 291,51$ and with the 342.551B market cap).
The Utrust price now is 0.23$ with the 100 mln market cap. The price peak is around 1.065$. Price has made an 80% correction. The lowest price point is around 0.08$.
The weekly price zone is 0.18$-0.25$ and it looks like has been oversold. If the price will close above 0.25$ it could identify a reverse.
However, the project is promising.
Utrust offering fast, low-cost transactions and instant crypto-fiat settlements for merchants.
Utrust using most major cryptocurrencies and ERC-20 tokens.
When accepting payment in cryptocurrency with Utrust, it can be converted immediately into GBP, EUR, or USD. Merchants can instantly convert crypto payments into fiat or keep crypto assets on their balance sheet.
Utrust helps to prevent fraud and charge-backs.
UTK has a maximum total supply of 500 million. At the time of writing, the circulating supply of UTK is 450,000,000, with a market cap of 100mln. The remaining 5% of UTK tokens are reserved.
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.
it is not a financial advice
