Altcoins

Bittrex Lists UTRUST Token

Bittrex international has listed UTRUST (UTR) Token on it’s exchange.

UTRUST project had a successful ICO that raised $21 million in 2017 and it is based in Zürich, Switzerland.

What is UTRUST?

Utrust is a blockchain-based platform that combines elements from traditional payment systems with the advantages provided by cryptocurrencies. The platform allows users to buy items, digital or physical, with their favorite cryptocurrency or token while providing a consumer-protection system in which coins are held in escrow until the transaction is fully complete. In case of a conflict, the resolution is handled by Utrust.The Utrust platform features its own Ethereum-based token, the UTK. The token provides multiple advantages, including a zero-fee system within the Utrust platform, which means that payments made with the UTK are free of charge. The token also runs on a buy-back & burn program in which part of the revenue generated by Utrust is allocated to the purchase of tokens that are then publicly destroyed, creating a deflationary currency. 

UTRUST (UTK) BTC Price Chart

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at june@thecoinspost.com or contact her on Twitter @JuneTBauer1

Recent Posts

Another Crypto Scam, iEarn Bot

The iEarn Bot App is a cryptocurrency trading application that promises investors substantial returns over… Read More

3 days ago

The World State Blockchain Project Launches New Features

The World State has recently launched its decentralized global digital state, which combines the principles… Read More

4 days ago

Ripple Partners with Blockchain Founders Fund

Ripple, a leader in enterprise blockchain and crypto solutions, has announced a strategic investment in… Read More

5 days ago

How Blockchain Technologies Can Improve Cybersecurity

The increasing prevalence of cyber threats has made cybersecurity a critical concern for businesses and… Read More

6 days ago

FBI Warns Against Cryptocurrency Mobile Game Scams

The FBI has issued a warning to the public to be cautious of pay-to-earn cryptocurrency… Read More

7 days ago

Cardano Blockchain Releases an Enhancement Update

Cardano blockchain has launched an update aimed at improving network communication, enhancing its uptime and… Read More

1 week ago