UTRUST (CRYPTO:UTK) Trading Down 18.3% This Week

UTRUST (CURRENCY:UTK) traded 4.5% lower against the dollar during the 1 day period ending at 4:00 AM E.T. on February 19th. UTRUST has a total market cap of $46.31 million and approximately $1.84 million worth of UTRUST was traded on exchanges in the last 24 hours. Over the last seven days, UTRUST has traded 18.3% lower against the dollar. One UTRUST token can now be purchased for $0.16 or 0.00001781 BTC on major exchanges including EtherDelta and Kucoin.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Ripple (XRP) traded down 1% against the dollar and now trades at $0.79 or 0.00008654 BTC.
  • NEO (NEO) traded down 3.6% against the dollar and now trades at $83.08 or 0.00913076 BTC.
  • Stellar (XLM) traded down 1.6% against the dollar and now trades at $0.29 or 0.00003194 BTC.
  • IOTA (MIOTA) traded down 1.4% against the dollar and now trades at $1.31 or 0.00014444 BTC.
  • TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.0355 or 0.00000390 BTC.
  • Tether (USDT) traded down 0.1% against the dollar and now trades at $1.00 or 0.00010996 BTC.
  • VeChain (VEN) traded up 3.3% against the dollar and now trades at $4.36 or 0.00047959 BTC.
  • Binance Coin (BNB) traded 26.4% higher against the dollar and now trades at $10.27 or 0.00112842 BTC.
  • Populous (PPT) traded 0.3% higher against the dollar and now trades at $18.49 or 0.00203240 BTC.
  • Walton (WTC) traded 7.9% higher against the dollar and now trades at $22.77 or 0.00246724 BTC.

UTRUST Token Profile

UTRUST launched on December 28th, 2017. UTRUST’s total supply is 500,000,000 tokens and its circulating supply is 285,885,273 tokens. UTRUST’s official message board is medium.com/@UTRUST. The official website for UTRUST is utrust.io. The Reddit community for UTRUST is /r/UTRUST_Official and the currency’s Github account can be viewed here. UTRUST’s official Twitter account is @UTRUST_Official and its Facebook page is accessible here.

According to CryptoCompare, “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.   “

Buying and Selling UTRUST

UTRUST can be traded on these cryptocurrency exchanges: Kucoin and EtherDelta. It is not currently possible to buy UTRUST directly using U.S. dollars. Investors seeking to acquire UTRUST must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy UTRUST using one of the aforementioned exchanges.

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