Last Updated: 06/09/2022
Official Website: https://utrust.com/
The Utrust platform enables businesses to take payments in digital currencies. It makes digital currencies more accessible to the general public while offering merchants an easy-to-integrate API and buyer safety similar to that offered by more established payment platforms. Utrust addresses a combined multi-trillion dollar market with billions of users and rapid development at the nexus of three high-growth markets: e-commerce, mobile payments, and cryptocurrencies.
The platform's major objective is to create a system that would support swift and flawless cryptocurrency transactions at lower costs, enabling merchants to reach a huge audience of cryptocurrency owners.
The native token, UTK, as well as other digital currencies are supported by the Utrust platform. Users can buy products and services with no exchange fees. Refunds and an affiliate referral program both make use of it. Price volatility is one of the most serious issues with cryptocurrencies. By protecting sellers against market volatility and giving consumers the option of a refund, Utrust strives to safeguard both buyers and sellers from its consequences.
Co-founding Utrust and serving as its board of directors' chairman is Nuno Correia. Since 2011, Correia has worked in the bitcoin sector and developed a number of B2C companies. He has a background in both law and marketing.
Co-founder, board member, and CPO of Utrust is Roberto Machado. Machado has experience working for multinational corporations like Uphold, AT&T, and Airtel before joining Utrust.
Co-founder, board member, and CCO of Utrust is Filipe Castro. Castro graduated from the University of Porto with a degree in computer science. He worked in creating software-related solutions before to Utrust.
Other key team members include:
The long-term goal of Utrust is to dominate the market for digital consumer currency payments by offering the most prosperous businesses in the world a reliable blockchain payment solution. According to the team, digital currency is the foundation of a more open financial system and the way of the future of money. All inhabitants in a connected society will be able to access financial services thanks to its transformational capacity.
UTK is based on the Ethereum blockchain. Therefore, to store and receive UTK, a user needs to have an ETH address.
Options to keep your Utrust okens secure and offline can therefore include the leading hardware wallet providers Ledger and Trezor. All ERC-20 tokens including Utrust token can be stored on the Ethereum blockchain using MyEtherWallet, allowing users to interact with the network without additional software.
An alternative wallet provider for Utrust token holders can be Trust Wallet – a multi-currency mobile wallet that enables users to simultaneously store a variety of digital assets in one place. Popular among traders and gamers, the beginner friendly mobile wallet may be appropriate for users looking for a convenience and accessible app, with trusted security and backup options.
Similarly, a user-friendly option to keep your $UTK secure can include MetaMask, a leading browser wallet extension popular amongst DeFi platforms and highly praised by developers. Users can integrate with the network’s Liquidity Mining pools by connecting your MetaMask wallet.
You can Buy & Sell Utrust (UTK) by heading over to the Buy Coins page of our website. Utrust (UTK) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying $UTK has never been easier, simply place your order and provide your wallet address. Once your payment arrives Utrust (UTK) will be sent directly to your wallet.
If you choose to Sell Utrust (UTK) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on our Sell Coins page.
Website: https://utrust.com/
Block Explorer: https://etherscan.io/token/
Twitter: https://twitter.com/utrust
Medium: https://medium.com/utrust
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards