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How to buy UTRUST (UTK) in the US

A beginner's guide to buying and selling UTK in the US.

UTRUST
UTK- USD
SMART-CONTRACTS
$0.23
-$0.01 (-2.99%)

How to buy UTRUST

Look for an exchange that supports both fiat and cryptocurrency to simplify buying UTRUST.

  1. Open an account on an exchange that supports UTK.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy UTRUST.
  3. Buy UTRUST.
    Complete your UTRUST purchase and then find the best wallet to store UTK.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is UTRUST?

UTrust is a blockchain-based payment gateway that seeks to become the PayPal of the crypto world. UTrust provides its customers financial guarantees — like various centralized services — thus allowing them to spend their crypto with a higher degree of confidence.

UTK is the native token of the platform and can be used to pay for various transactions such as fee settlements or exchange rate management, among others. Additionally, a small portion of UTK’s pool is routinely burned, reducing the currency’s total circulating supply.

UTRUST (UTK) is the 311th largest cryptocurrency in the world by market cap, valued at $101,886,600. The current price of UTRUST is $0.22699, which is -0.010% lower than yesterday. Prices have ranged between $0.239525 and $0.223642 over the past 24 hours. All prices are listed in US dollars and accurate as of August 02, 2021 06:08 UTC.

Where to buy UTRUST

Find an exchange to buy, sell and trade UTK by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

267
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

247
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

219
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
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Compare up to 4 providers

UTRUST at a glance

Information last updated August 02, 2021 06:08 UTC.
Coin symbolUTK
Total UTK supply500,000,000
Circulating UTK450,000,000
Current priceUS$0.22699
Notable team membersSanja Kon, Nuno Correia, Roberto Machado, Filipe Castro, Artur Goulão
PartnershipsUphold, Quid Systems, UMT AG, Payrexx, S.L. Benfica
IndustryCryptocurrency payments
Token usesUtility token
NetworkEthereum

UTRUST price performance over time

Historical prices compared with the price of US$0.22699.

1 hour -4.44%
24 hours -0.01%
7 days -1.18%
14 days -4.11%
30 days 9.80%
60 days 24.19%
200 days 3.31%
1 year -31.22%

How to sell UTRUST

You can cash out your UTK with the same exchange you bought it through:

  1. Sign in to the exchange you have UTK on.
    If you store your UTRUST in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of UTK you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of UTRUST.

What to consider when buying UTRUST

Investing in any cryptocurrency should not be taken lightly due to price volatility. Due diligence on both the platform and tokenomics should always be completed. Here are some things to consider for UTrust:
  • Efficient crypto to fiat transactions. UTrust seeks to help provide users with a crypto-to-fiat gateway that’s not only efficient and affordable, but — thanks to the power of blockchain — doesn’t suffer from issues relating to chargebacks, since each and every transaction is duly noted on a decentralized ledger.
  • Insured transactions. Thanks to its buyer protection system, UTrust is able to provide its users with a full monetary insurance package for all of their transactions. Not only that, this platform’s processing charges are quite low when compared with traditional payment rails.
  • Fixed token supply. In all, there will only ever be 500 million UTK that will be minted. Not only that, the protocol routinely burns some UTK tokens to make the ecosystem’s supply model deflationary in nature.
  • Solid backing team. The platform has at its helm CEO Sanja Kon, a fintech expert who is also a former executive for many mainstream firms such as eBay and PayPal. Similarly, UTrust cofounder Filipe Castro is also the chief compliance officer for crypto fintech startup HOLD.
  • Cheaper alternative. While UTrust charges a flat 1% processing charge to cover for any commissions and conversion fees, traditional payment gateways like PayPal and SWIFT can levy a fee of anywhere between 4% to 10% per transaction. Efficient crypto to fiat transactions. UTrust seeks to help provide users with a crypto-to-fiat gateway that’s not only efficient and affordable, but — thanks to the power of blockchain — doesn’t suffer from issues relating to chargebacks, since each and every transaction is duly noted on a decentralized ledger.
Disclaimer: Cryptocurrencies, including UTRUST, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of UTK is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the UTRUST or any other cryptocurrency discussed.

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