What is UTRUST?
This is because Utrust creates a secure and transparent platform to carry out transactions. Its aim is to protect the interest of both consumers and sellers by creating a secure cryptocurrency platform. In order to produce the greatest online payment gateway, Utrust has combined the benefits of both PayPal and the blockchain. The coin has market capitalization of about $10.3 million with a circulating supply of310M UTK.
Through its user-friendly, secure and accessible banking system, Utrust has been able to boost emerging economies. To ensure large-scale adoption and user acceptance, it is the first cryptocurrency platform to have both Buyer Protection and Instant Payments. UTRUST protects individuals and businesses from fraud and theft within the cryptocurrency community using a blockchain protocol called Trustroot.
Accordingly, Trustroot helps users avoid scams and fraudulent activities. This is because the protocol verifies the identity and trustworthiness of the blockchain business users interact with. Additionally, the low conversion fee and use the UTRUST token, which has no conversion fees, makes buyers are able to pay using other major cryptocurrencies.