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Utrust Wallet


Utrust is an interesting platform. It’s not just a blockchain network, and it’s much more than a simple digital currency. It’s actually a blockchain network and digital payment ecosystem that lets merchants accept crypto payments in their existing systems.

Utrust competes with the likes of PayPal by combining traditional payment systems and blockchain technology. This interesting innovation has increased the value of its native token, UTK. As UTK is regularly burnt and several coins locked, the company carefully controls inflation and price growth, making it a solid investment.

Many merchants struggle to accept crypto payments. Onboarding crypto payments is complex for both their customers and their own operations, considering how volatile cryptocurrencies can be. Utrust gives merchants the opportunity to access crypto payments without overcomplicating the user experience. Merchants have the opportunity to instantly accept crypto payments and convert them to Fiat currency to protect themselves against potential price drops.

Utrust supports different digital currencies and its own native token, UTK, which was built on the Ethereum blockchain. You can pay for goods and services via Utrust without paying an exchange rate fee if you use UTK. UTK tokens are burned with every transaction, which improves the token performance through transaction throughputs.

Whether you are interested in adding UTK to your existing portfolio or want to get started with crypto investing but aren’t sure how to start trading, Zengo is the perfect one-stop shop for your needs. Zengo is a keyless and secure wallet with several add-ons and features that make it a perfect tool for all your crypto investment needs.

Zengo makes the entire process of buying, sending, receiving, and managing UTK coins as easy as possible. All it takes is a few simple, intuitive swipes, and if you need any help, Zengo offers friendly, live support in-app, 24/7.

What Can You Do With a Utrust (UTK) Wallet?

Most crypto wallets are used to hold, send or receive crypto coins. Zengo does so much more. Through a simple mobile app, you can view historical data and a range of crypto coins, make purchases, buy new coins, and more. Zengo offers multiple payment methods, expert assistance from live customer service agents, and cutting-edge security so that you have complete peace of mind while transacting. 

It’s perfect for newcomers that have never bought crypto before, but veterans will find all the tools they need in the app, too! 

Here’s what you can do with Zengo:

View Your Utrust (UTK) Portfolio

With Zengo, you can log in and view your portfolio as well as historic charts on the go. You can strike while the iron is hot and buy coins at the right moment to maximize your profits. Never miss out on a good deal again.

Send and Receive Utrust (UTK)

Sending and receiving UTK tokens is incredibly simple with Zengo. All it takes is a few taps! Zengo automatically generates a wallet address that you can share with others to receive coins, and you can return the favor by simply swiping an asset on your home screen. 

Buy Utrust (UTK) Tokens on Zengo

If you’ve never bought crypto coins before, Zengo makes it easy to get started. Just swipe the UTK asset on the home screen, follow the prompts and select your preferred payment option. And if you’re a veteran, you’ll love the convenience of choosing from a variety of crypto coins and convenient payment options. 

Fiat to UTK Gateway

Unlike other wallets, Zengo allows you to buy UTK with Fiat currencies at any time. Supported Fiat currencies include US dollars, Pound Sterling, or Euros. Numerous payment methods are supported through our trusted payment partners. 

Buy Utrust (UTK) With Credit Card or Wire Transfer

Zengo offers several safe and convenient ways to buy crypto. You can purchase your UTK tokens with your Visa or Mastercard, SEPA, mobile payment apps, or bank transfers (only UK and EU-based clients, with minimum amounts applicable).

Holding Utrust (UTK) Tokens

Sometimes it’s best to hold on to coins until the market shifts in your favor. This process is called HODLing, or holding. Zengo will keep your coins safe in your wallet for as long as you like. You can use the app to keep an eye on the market and trade when you’re ready. 

Trade or Exchange UTK for Bitcoin, Ethereum, Doge, and Other Coins and Tokens

Zengo supports many popular crypto coins, including Shiba Inu, DOGE, Ethereum, Bitcoin, and more. You can exchange UTK for any of them at any time so that you can take advantage of favorable market trends. 

Top 10 Things You Should Know About Utrust (UTK)

Utrust is one of the most interesting blockchain platforms around. Here are a few things you should know about UTK before investing. 

What Is Utrust (UTK)?

Utrust is a digital payment blockchain platform that combines traditional finance with blockchain. They use a tokenomic system with clear incentive structures and third-party consumer protection mechanisms to give consumers the best of both worlds. Their native token is UTK. If you use UTK to pay merchants via Utrust, you won’t be charged an interest fee. 

Who Created Utrust (UTK)?

Utrust was founded by Nuno Correia (former CEO), Artur Goulao Ferreria, the current CTO and Filipe Castro, who is the CIO. The company was founded in Switzerland. 

Why Was Utrust (UTK) Originally Created?

Utrust was created to bring the blockchain to the financial world. The company tries to streamline the exchange between merchants and consumers by making payments safer, cheaper, and faster. 

What Is the Purpose of UTK?

UTK adopts the philosophy of decentralization and applies it to the payment industry. With Utrust, there is no need for operational costs or conversion fees, and cryptocurrency payments can be made or accepted by anyone. All payments are processed on-chain, giving it an edge over PayPal and using a closed database system.

When Was UTK introduced?

Utrust launched a pre-ICO in September 2017, followed by a public ICO in November of 2017. They raised $3.5 million through the initial pre-ICO. 

How Many Tokens Were Created?

450 million UTK was released in November 2017 through their initial public offering. An additional fifty million was held back for release in the near future. The company doesn’t use mining, so the total supply will never increase. 

What Kind of Blockchain Does UTK Run On?

UTK is an ERC-20 token built on the Ethereum blockchain. The tokens can be stored in Ethereum-compatible wallets like Zengo. 

Can You Mine UTK?

UTK can’t be mined. A portion of the UTK token is burned (removed from circulation) with every transaction, which improves the performance of the token as the circulating supply decreases. 

Does Utrust (UTK) Have an Online Community?

Utrust is active on Twitter and Facebook. The founders regularly contribute articles to Medium and LinkedIn as well. 

What is the Circulating Supply of UTK?

Utrust has a circulating supply of 450,000,000 UTK coins and a maximum supply of 500,000,000. 

Fun Facts About Utrust (UTK)

What Are the Features of Utrust (UTK)?

Why Choose Zengo?

Zengo is a one-stop-shop for crypto transacting. With simple and intuitive features and a live customer service team standing by 24 hours a day, seven days a week, it’s never been easier to get started (or continue) your crypto journey safely and profitably. 

Portfolio Accessibility

Zengo lets you buy, send, receive and trade UTK tokens whenever and wherever you like. There are no hefty transaction fees, no minimums, and no maximums. Just fast, on-the-go transacting when you need it. 

Utrust (UTK) Keyless Wallet Security

When it comes to crypto security, your wallet should be impenetrable. Zengo uses a powerful combination of threshold key signatures (TSS), 3-factor authentication, and facial recognition to ensure that your wallet is safe from outside threats but still recoverable if you should lose your primary device. 

Control your Crypto

When you download the Zengo app, you retain the freedom to use your crypto however you’d like. You can buy UTK, send UTK, or hold your coins without restrictions or hefty transaction fees. 

Effortless Recoverability

You shouldn’t lose access to your wallet when you lose your device. Zengo offers guaranteed access to your wallet at all times. The Zengo team is available 24/7 to assist you when you need a hand recovering your account. 

24/7 Support with Live Agents in-App

Zengo offers live, in-app agent support at all times. No bots – just friendly human beings that know everything you need to know about crypto and are ready to help! 

Utrust (UTK) Wallet FAQ

Still have some questions about UTK? We’ve got you covered! 

Zengo is the perfect all-in-one wallet for crypto newbies. Install the app, follow the prompts, verify your identity and email and start trading! It just takes a few swipes on the asset you’d like to buy, and you’re on your way to crypto riches.

Storing, also called holding or HODLing, is the process of keeping your coins safe for a period of time. Zengo is safe and secure and guarantees access to your UTK coins at all times. You can hold your coins with peace of mind. 

A UTK wallet is used to access your coins on the blockchain. Think of it as proof of ownership. Zengo is a lot more innovative than your average UTK wallet. You can view your portfolio at any time and buy, trade, send and receive with ease. 

You can set your wallet up with a few swipes and clicks. Here’s how:

  1. Download the Zengo app. 
  2. Click Get Started. Validate your email in your inbox and follow the prompts. 
  3. Click Back Up Now and complete the facial recognition prompts. 
  4. Click Save, and you’re set up!

You can start using your UTK wallet immediately!

Zengo will provide you with a unique wallet address that can be used to receive coins. You can view your wallet address by tapping on any asset on the home screen and swiping right. The address will be displayed as a QR code and a string of numbers. 

Once you know the recipient’s wallet address, sending UTK is easy. Tap on the UTK asset, swipe left, and enter the address. Then specify the amount and hit Send. The coins will arrive in their wallet in minutes. 

Your wallet is set up when you download the app and complete the validation prompts for your email and facial recognition. The entire process takes a few minutes, and the Zengo setup wizard will walk you through every step. 

If you want to send UTK to a different wallet or exchange, just tap the asset you’d like to send, swipe right, and enter the wallet address. Then hit the Send button. That’s all it takes! 

If you are the lucky recipient of UTK coins, just provide the sender with the wallet address. Once they send it, you’ll receive a notification letting you know that your coins have arrived. 

Disclaimer: The information provided herein is for educational purposes only. Zengo does not provide any investment or financial advice whatsoever. As with any financial or investment decision, conduct your own research and due diligence to properly evaluate the benefits and risks of any investment or financial transaction and seek the advice and guidance of qualified financial professionals, in connection with any investment or financial transaction.