Utrust (UTK) is a blockchain-based cryptocurrency that integrates traditional payment system aspects with the benefits of cryptocurrency. It provides a payment solution that benefits both customers and businesses. Here's how it is used:

Utrust allows users to purchase digital or physical goods using their preferred cryptocurrency or token. It supports a variety of digital currencies, including Bitcoin, Ethereum, Dash, and more. Users can make payments without needing to register or sign up, and transactions are instant with low fees.

The platform provides a consumer protection scheme where funds are held in trust until the transaction is completed. This ensures that buyers are protected in case of any issues with their purchases.

Utrust helps merchants by allowing them to accept cryptocurrency payments easily. It processes all payments on-chain, making it easy for merchants to manage and track transactions. Additionally, Utrust helps prevent fraud and charge-backs, making it a more secure option for businesses.

The Utrust token (UTK) is an ERC20 token that runs on the Ethereum blockchain. Using UTK for transactions avoids exchange rate fees, and every transaction burns a portion of the UTK crypto, reducing the circulating supply. This incentivizes users to use UTK and supports the platform's growth.

Utrust has its own native wallet, available on both iOS and Android, which supports on- and off-chain payments. The HOLD app, launched in late 2020, is also integrated with Utrust, allowing users to manage their UTK tokens and make transactions seamlessly.

Overall, Utrust aims to democratize payments by providing a frictionless online shopping experience for consumers and a secure, cost-effective payment solution for merchants.

You can store Utrust (UTK) tokens in several types of wallets:

• xPortal App: This app supports UTK tokens along with other ESDT tokens.
• MultiversX Wallet: This wallet is also compatible with UTK tokens and other ESDT tokens.
• Utrust Wallet: This wallet, available on both iOS and Android, allows users to store UTK tokens and conduct transactions.
• Atomic Wallet: This wallet supports UTK tokens, Ethereum, XRP, Litecoin, and over 1,000 other coins and tokens. It is available for both desktop and mobile devices and offers private and secure management of your funds.
• Other ESDT-Supported Wallets: You can also store UTK tokens in other wallets that support ESDT tokens.
• Exchange Wallets: Many exchanges, such as KuCoin and Binance, allow you to store UTK tokens in their wallets.
• Cold Storage Wallets: For added security, you can store your UTK tokens in cold storage wallets.

These options provide flexibility and security for managing your UTK tokens.

To buy Utrust (UTK) tokens, follow these steps:

1. Create an Account:

   • Choose a reputable exchange such as Binance, KuCoin, Gate.io, or HTX Global.
   • Sign up by providing necessary information, including your email address, a secure password, and complete any identity verification steps.
   • Research the exchange's reputation, read user reviews, and compare different exchanges to find the most suitable one for you.

2. Fund Your Account:

   • Use a credit card, debit card, or bank deposit to add funds to your exchange account.
   • Some exchanges also offer peer-to-peer trading or third-party payment methods.

3. Buy Utrust (UTK):

• Navigate to the Buy & Sell section and select Utrust (UTK) as the cryptocurrency you want to purchase.
• Choose the order type that suits your needs, such as Market Order, Stop Order, Limit Order, or TWAP Order.

4. Transfer UTK to Your Wallet:
   • Once purchased, you can hold UTK in your exchange account or transfer it to a personal cryptocurrency wallet for additional security and passive revenue opportunities.

Remember to preview transaction details and confirm your purchase before completing the transaction.