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Author Topic: UTRUST  (Read 313893 times)
btcmegastar
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July 18, 2018, 06:51:19 AM
 #11341

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.
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ivanpoldark
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July 19, 2018, 09:18:31 AM
Last edit: July 19, 2018, 09:36:29 AM by ivanpoldark
 #11342

''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
vortexz
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July 19, 2018, 11:23:41 AM
 #11343

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?
GröBkAz
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July 19, 2018, 11:57:43 AM
 #11344

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
Mr.Robot-
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July 19, 2018, 12:01:32 PM
 #11345

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
Mr.Robot-
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July 19, 2018, 12:03:20 PM
 #11346

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
jackbox
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July 19, 2018, 03:50:49 PM
 #11347

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.

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Zakcoin
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July 19, 2018, 04:19:44 PM
 #11348

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
lobat999
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July 20, 2018, 03:42:33 PM
 #11349

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
frcat
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July 21, 2018, 08:36:10 AM
 #11350

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?
Zontop
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July 21, 2018, 09:14:57 AM
 #11351

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.
lobat999
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July 21, 2018, 05:10:10 PM
 #11352

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.
Golden Moon
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July 22, 2018, 10:09:49 AM
 #11353

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.
magisterr
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July 23, 2018, 05:28:59 AM
 #11354

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?
Saidmod
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July 23, 2018, 05:42:55 AM
 #11355

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.


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Zakcoin
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July 23, 2018, 09:32:57 AM
 #11356

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
RonMank
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July 23, 2018, 09:38:47 AM
 #11357

Fridays at UTRUST: gather and focus on a specific subject in order to promote cross-learning across all areas of the team.
Ano
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July 23, 2018, 10:10:16 AM
 #11358

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?

Price is moving in down trend from last few months maybe you are not following this pattern I don't think someone dumping badly this token. It is normal activity from my opinion but we have to wait till altcoins rally will get start.
magisterr
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July 23, 2018, 02:16:43 PM
 #11359

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?

Price is moving in down trend from last few months maybe you are not following this pattern I don't think someone dumping badly this token. It is normal activity from my opinion but we have to wait till altcoins rally will get start.

Price was ~7 cent last 2 month. But today fallen for 10% +. I thought there are some bad news or something. And this is one of the most promising projects.
Fu Mei Mei
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July 23, 2018, 10:33:47 PM
 #11360

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?

yes Utrust is a payment gateway that using cryptocurrency as payment tool instead of fiat
if they can partnering with paypal or other popular payment gateways i am sure this will make cryptocurrency quickly recognized and will certainly make Utrust platform grow rapidly
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