Utrust (UTK) is a cryptocurrency project developed to overcome the barriers that prevent the use of cryptocurrencies as a means of payment or currency unit. When looking at the technical document of the leading cryptocurrency, Bitcoin, it appears that its mysterious inventor, Satoshi Nakamoto, designed it as a means of payment. Despite this, Bitcoin is currently used more as a store of value than a payment method, especially due to scalability and transaction fee issues.
The Utrust team aims to solve these and similar problems, allowing many payment platforms to accept cryptocurrency payments. The main goal of the platform is to develop a system that operates with very low transaction fees and has a capacity for thousands of transactions. By achieving this, the Utrust team can enable many vendors and platforms to accept cryptocurrency payments. Although a recent announcement by PayPal indicated that cryptocurrencies are being made available worldwide, transaction fees are still known to be high.
What is Utrust (UTK)?
At the heart of the Utrust platform lies the UTK Coin. Through UTK Coin, users can utilize the platform and even catch a discount on transaction fees. Utrust, as the name suggests, offers users a secure option for buying and selling with cryptocurrencies. In case users are buyers or sellers, both parties are secured on the UTK Coin platform.
Where to Buy UTK Coin?
UTK Coin can be purchased from the world’s largest cryptocurrency exchange by trading volume, Binance. Among the trading pairs on Binance, the one with the highest liquidity is seen as UTK/USDT, and therefore this trading pair can be utilized.
