This is where the magic can happen. Utrust allows you to make or accept payments without leaving the web3.
What is Utrust Network?
With the help of a seamless integration called Utrust, e-commerce companies can now take digital currencies and get all the advantages of doing so.
UTRUST is not merely a cryptocurrency or a brand-new blockchain network. Instead, it is an advanced platform that combines the strength of many ecosystems of blockchain networks. Users’ bitcoin payment experiences are made more straightforward thanks to this seamless integration for businesses to integrate cryptocurrency into their current systems.
What is the UTK token utility?
Users don’t pay exchange fees while making purchases with the UTK cryptocurrency. This expands the UTK token’s usefulness and encourages its use.
As the Utrust platform starts to take off, the utility of the UTK token is finally realized. Users can now earn UTK through new incentive models rather than holding tokens. Later in our Utrust analysis, we went into greater detail about this.
What is Utrust reverse staking?
You will receive a reward of UTK for each and every deal you make on our platform (using any currency). You will add to your staking pot after purchasing the reward percentage (0.5 percent for Tier 1 and 1.5 percent for Tier 2) on the open markets. Whether you are trading or on Tier 2, you can use your Visa Debit Card to make a purchase using the app. By adding UTK obtained from open markets to your locked staking pot by reducing the circulating supply rather than retaining the tokens in use. The result is deflation.
This will be divided into levels so you can control your own experience:
Tier 1: To gain access, you must stake 1000 UTK. After that, you’ll receive 0.5% back for every trade made in the app and 0.5% for every card payment you make, both of which will be added to your reward pool. You’ll be able to utilize that pool for free when it’s unlocked after six months. Just wait a little longer; otherwise, your goodies will vanish.
Tier 2: For access, you will need 20,000 UTK. You will receive all the same advantages in addition to more significant rewards (1.5% cashback in each for swapping and payments)
How can I invest in Utrust UTK?
The best liquid pairs for exchanging UTK are on Binance.
Since 2020, UTK has been listed on Binance, and trading is open for UTK/BTC and UTK/USDT.
Options are plenty on Binance. With the lowest costs and most outstanding security available anywhere, Binance is supported, you may simply purchase Utrust (UTK).