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How to buy Utrust (UTK) in the UK

Learn how to buy Utrust (UTK) in our step-by-step guide.

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Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

Utrust (UTK) is the 467th largest cryptocurrency by market cap, valued at US$42,510,986.

Utrust is a highly volatile asset capable of major price swings in a single day. Today UTK is trading for $0.090502 USD, which is lower than yesterday's trading price of $0.0907367814 USD. Over the past year, Utrust's price has seen a decrease of -52%.

So before you buy Utrust, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy Utrust.

How to buy Utrust in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Utrust is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Utrust
    You can now exchange your funds for Utrust. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Utrust to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Utrust in the UK

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 exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Kriptomat Cryptocurrency Exchange
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
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CEX.IO Cryptocurrency Exchange
4.5★★★★★(16)
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH), Credit card, Bank transfer (SEPA), Faster Payments Service, Skrill
USD, EUR, GBP, RUB

144
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
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How we keep this Utrust guide up-to-date

  • UTK price data is regularly updated through data feeds so you always have the latest information.
  • Utrust performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Utrust?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Utrust?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Utrust.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing UTK with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Utrust?

The easiest way to buy UTK is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying UTK, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Utrust has been performing recently.

Best Utrust wallets to store your UTK

You can keep your UTK on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your UTK below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Utrust a good investment?

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.

Today's Utrust price versus ATH

Compare today's price of Utrust ($0.090502 USD) against its all-time-high price of $1.18 USD on 09 January 2018. The closer the bar is to 100%, the closer UTK is to reaching its ATH again.

Utrust's price: $0.090502
ATH date: January 09, 2018
7.67%

Utrust ATH: $1.18


How to trade, convert or sell Utrust

You can convert or sell your UTK with the same exchange you bought it through:
  1. Sign in to the exchange you have UTK on.
  2. If you store your Utrust in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of UTK you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Utrust.
  6. Complete your transaction and move your UTK to a wallet for storage.
  1. CoinMarketCap
  2. CoinGecko
  3. Crunchbase
  4. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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