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Topic: UTRUST - page 49. (Read 314299 times)

sr. member
Activity: 588
Merit: 250
July 23, 2018, 04:38:47 AM
Fridays at UTRUST: gather and focus on a specific subject in order to promote cross-learning across all areas of the team.
member
Activity: 86
Merit: 10
July 23, 2018, 04:32:57 AM
Trading volume is one of the most important factors when deciding whether to add a coin to your portfolio. And I agree, that the more followers are involved in the project, the more successful it is. Therefore we need a good marketing  to find new ways and tools of attracting new investors
sr. member
Activity: 659
Merit: 250
July 23, 2018, 12:42:55 AM
Price was stable for UTK last time and today fallen for more than 10%. What happened? Some bad news or some big whales dumping price expesially?
I think its more on bitcoin plunges reaction, we can't avoid it many altcoins are still dipping. Don't need much to worry on the price now if you are not needing money. Trust the team and its process this alts will soon recover we have already a good sign that bitcoin and its marketcap going up after 7months of bearish.
sr. member
Activity: 1372
Merit: 259
July 23, 2018, 12:28:59 AM
Price was stable for UTK last time and today fallen for more than 10%. What happened? Some bad news or some big whales dumping price expesially?
jr. member
Activity: 154
Merit: 1
July 22, 2018, 05:09:49 AM
please explain how the utk transfer to fiat system will work. can you just send the UTK to a bank account or credit card and you can get money? or how

They will have payment platform like PayPal. May be they will have opportunity bind a credit card to account in their platform like in PayPal?

Such features could be possible as the project is in the process of development. The more features it will offer, then the more attractive the project will be to its end users and that is quite good for the project.
Selling stuffs and things with the platform will be better for daily more serious business.
sr. member
Activity: 1078
Merit: 310
July 21, 2018, 12:10:10 PM
please explain how the utk transfer to fiat system will work. can you just send the UTK to a bank account or credit card and you can get money? or how

They will have payment platform like PayPal. May be they will have opportunity bind a credit card to account in their platform like in PayPal?

Such features could be possible as the project is in the process of development. The more features it will offer, then the more attractive the project will be to its end users and that is quite good for the project.
sr. member
Activity: 854
Merit: 256
July 21, 2018, 04:14:57 AM
I don't see anything official but I suppose this fiat gateway will be using credit/debit cards. Why I think so because recently Master card has won the patent to crypto to fiat transactions. That means Master card's integration is possible solution here. It will remain to see but that is sure thing to compete with PayPal by providing complete solution.
full member
Activity: 1162
Merit: 101
July 21, 2018, 03:36:10 AM
please explain how the utk transfer to fiat system will work. can you just send the UTK to a bank account or credit card and you can get money? or how

They will have payment platform like PayPal. May be they will have opportunity bind a credit card to account in their platform like in PayPal?
sr. member
Activity: 1078
Merit: 310
July 20, 2018, 10:42:33 AM
please explain how the utk transfer to fiat system will work. can you just send the UTK to a bank account or credit card and you can get money? or how
In regards to utrust token they will be burning them anyway to increase the value of utk so they will just keep the utk and send you the equivalent in fiat

I think such mechanism are more common now - converting crypto to fiat is not a rocket science to implement, now that the crypto community is steadily having a capable talent pool of blockchain developers. Smiley
member
Activity: 86
Merit: 10
July 19, 2018, 11:19:44 AM
Is there a possibility of not having the E money license at the end of the year (as announced on video in September)? because everythink is based on his step
legendary
Activity: 1246
Merit: 1024
July 19, 2018, 10:50:49 AM
Hello,

just wanted to ask, If someone has already withdrawed successfully the ICO utrust tokens directly to an Bitfinex or an oder address from the utrust.io ? Or I should transfer it first via the MyEtherWallet.
Thank you!

Cheers
What? Since when you can store your UTK token in utrust.io? Afaik since their ICO, they will send your token to your wallet directly (it's either MEW, metamask, or other wallets (not exchange)).


The tokens are still there and they won't be transfered if I don't confirm the withdraw (KYC has been already done). My question is if someone hase already transfer it directly to an exchange address and not via the MEW, etc..
Thanks!

Yes you can send to any valid address. If your exchange supports Utrust get an address from them for Utrust only and then use that address to send your tokens to.
newbie
Activity: 26
Merit: 0
July 19, 2018, 07:03:20 AM
please explain how the utk transfer to fiat system will work. can you just send the UTK to a bank account or credit card and you can get money? or how
In regards to utrust token they will be burning them anyway to increase the value of utk so they will just keep the utk and send you the equivalent in fiat
newbie
Activity: 26
Merit: 0
July 19, 2018, 07:01:32 AM
please explain how the utk transfer to fiat system will work. can you just send the UTK to a bank account or credit card and you can get money? or how
From watching some youtube interviews with the devs it sounds like they will sell the crypto on the market instantly and send you fiat
hero member
Activity: 854
Merit: 500
July 19, 2018, 06:57:43 AM
please explain how the utk transfer to fiat system will work. can you just send the UTK to a bank account or credit card and you can get money? or how
legendary
Activity: 1120
Merit: 1001
July 19, 2018, 06:23:41 AM
In which stage of the road map we'll be able to use Utrust to make donations? Like Red Cross, Greenpeace, water.org and many others?
sr. member
Activity: 700
Merit: 250
July 19, 2018, 04:18:31 AM
''Utrust has become a member of Bitcoin Association Switzerland, a non-profit organization with the objective to promote digital currencies, educate the public on bitcoin, blockchain and provide an environment for the community to meet and exchange knowledge.''

Why Utrust is planning to get E-Money License only in QUARTER 4, 2018, is this procedure require so much time? I think when they get this license or provide real market values, the price could grow fast, because UTK is already presented on large exchanges - Huobi, Kucoin, OKEx, HitBTC

In telegram Utrust team stated that only this roadmap is credible.

https://utrust.com/#roadmap

There were no exact date for web wallet app release, so the news below were incorrect.

https://coindar.org/en/event/utrust-utk-wallet-web-app-1876
member
Activity: 700
Merit: 12
July 18, 2018, 01:51:19 AM
According to an article published at Nulltx today, Utrust announces a partenership with DigiByte cryptocurrency that will allow the two compagnies to offer users a secure payments solutions with multiple cryptocurrencies.


Because of this nulltx article is a sponsered one, i found no official announcement from the utrust team in the official website as the utrust project is about to lunch its api proceeding the roadmap for quarter 3 of 2018. The community should be well informed about this so this is why am asking about to confirm the news here or if it announced before.

The partnership is always good with the old companies but they start payment system? If not how long it will take them to develop the payment system because already crypto market is kept increasing and it will boom once they start releasing the payment system to the public.
sr. member
Activity: 659
Merit: 250
July 18, 2018, 01:42:48 AM
There are now so many alt-coins out there that it’s almost impossible to keep track of which projects are legitimate and which are garbage.

This article is the third entry in a series I will write for Hacked which will give summaries and context around a specific crypto project.

The topic of today’s summary is Utrust.

https://hacked.com/what-is-utrust/
Yes, we cannot track all projects but i think tracking is not necessary if you hve research on your own before buying utrust or any coin. Social media account and github will say if the team are active. Any kind of review i good in my opinion but determining every project tht you want to invest is in first thing.
hero member
Activity: 1610
Merit: 508
July 17, 2018, 10:25:00 AM
UTrust is moving ahead with steady progress to become decentralized online payment processor using smart contract to eliminate the middle man or risk of freezing the funds like traditional payment settlers were doing. When paying with UTK token there will be no fees plus fees will be used to buy-back tokens to burn them. Other interesting fact you pay with cryptocurrency whereas sellers get direct fiat.

So burning tokens will be not fixed? As I remember they promised to burn around 25 mln tokens each year. They will burn this tokens every month or once a year.. ?
jr. member
Activity: 182
Merit: 7
July 17, 2018, 09:20:45 AM
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