Introduction to utrust crypto currency and it's technical analysis as on 9th July 2020

What is UTrust?
UTrust is a platform aimed to challenge traditional payment systems by streamlining the process for merchants to adopt digital currencies as a form of payment.

What makes UTrust different?
While other cryptocurrency payment platforms accept one or a few other types of currency, UTrust accepts a vast majority of popular crypto assets available on the market – enabling users to utilize several digital currencies concurrently.

Additionally, what sets UTrust apart from other cryptocurrencies payment platforms is its methods to reduce the occurrence of fraud and scams for both parties.

UTrust serves as a third-party mediator and provides protection for your purchases. This means that for buyers, UTrust covers all purchases for goods and services. For example, once the buyer confirms that they obtained what they paid for, only then will funds be transferred to the seller.

As for sellers, you can reap the rewards of real-time transactions and low fees. You will also have the option to accept all forms of fiat currency as payment, which serves to shield you in the event of price fluctuations.

What are UTrust Tokens (UTK)?
UTrust Tokens are built on the Ethereum network which means you can keep UTK with any wallet that supports the ERC-20 standard.

With UTK tokens, users can buy products and services on the UTK platform. If a user pays in UTK tokens, they are not subjected to a conversion fee. Conversions from all other cryptocurrencies are subjected to a small fee.

Utrust is down almost 90% from its all time high

Since three months Utrust is in bullish trend is trading at 4X

UTK is up about 17%+ today on 9th July 2020 and analysts are in favor of "buy" call