DanF20
Jr. Member
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Activity: 52
Merit: 4
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October 02, 2017, 06:20:31 AM |
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Is there any fee utrust will be taking from buyers and merchant?
Yes only 1% fee compared to other platform that collecting 1.5% fee. Still more cheaper from utrust.
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Pajulapoiss
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October 02, 2017, 06:23:04 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition?
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levyashin
Sr. Member
Offline
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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October 02, 2017, 06:23:40 AM |
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The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA I heard somewhere that people have heard something about blockchain ratio to population %2. If utrust can be a success it will push this number higher by itself. Not sure about the thing i heard but regardless of ratio, it will push it up.
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mbtc31
Newbie
Offline
Activity: 56
Merit: 0
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October 02, 2017, 06:27:40 AM |
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The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA Welcome to digital world. And this is a proof that we are living now in a digital world, all transcations are made thru digital. Imagine you can use token or cryptocurrencies aside from fiat curtency to avail the services or products that we need? Amazing...
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batako
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October 02, 2017, 06:29:01 AM |
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Is there any fee utrust will be taking from buyers and merchant?
Yes only 1% fee compared to other platform that collecting 1.5% fee. Still more cheaper from utrust. That's cool! And they said the conversion fee is low when buyers wanted to use other cryptocurrencies when dealing with utrust system. This system is so promising so it deserves to get more attentions from investors.
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pynetx
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October 02, 2017, 06:58:40 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.
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Cauchy
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October 02, 2017, 07:06:30 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is. Monetha and TenX targets different use-cases in thebc ecosystem.
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magisterr
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October 02, 2017, 07:12:31 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? No. they have different idea and product. TenX have credut cards (in fact they dont have yet, only Centra have real cards). Utrust its a platform for crypto-payments.
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benalexis12
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October 02, 2017, 07:20:23 AM |
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Is there any fee utrust will be taking from buyers and merchant?
Any platforms are doing this thing so it is a yes. after ICO end and this platform launch, some merchant will adopt this platform. They will create merchant as soon this platform launch in the market may be in a long-term roadmap. I predict that it will be a good token.
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niklasmato
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October 02, 2017, 07:25:11 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? You are correct. Utrust is actually a payment processor platform on which you can pay with crypto. TenX is a payment card with actually just converts crypto on the fly to fiat, so you can pay with fiat (tenX card) in shops. UTrust is more like PayPal.
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Xenrise
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October 02, 2017, 07:26:01 AM |
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Is there any fee utrust will be taking from buyers and merchant?
Any platforms are doing this thing so it is a yes. after ICO end and this platform launch, some merchant will adopt this platform. Yes people will adapt in this platform once they knew its importance. And especially when their coin will pump. We can see more people will use this platform.
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George.kv
Newbie
Offline
Activity: 50
Merit: 0
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October 02, 2017, 07:31:32 AM |
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The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA the only thing holding back crypto right now is the ability to easily spend it. hopefully utrust will solve that. If your talking about the whole crypto yes it is, but if we focus only to those that are worthy we can easily buy something if their are a merchant that will accept them, right now the problem is the merchant. I think merchants will easily accept utrust becouse they will be paid in fiat.
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FIEX
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October 02, 2017, 07:35:09 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is. Monetha and TenX targets different use-cases in thebc ecosystem. Tenx and UTRUST are completely different, they will not be in competition with eachother. Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ... Cant wait to see this fly over Monetha
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Xenrise
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October 02, 2017, 07:45:25 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is. Monetha and TenX targets different use-cases in thebc ecosystem. Tenx and UTRUST are completely different, they will not be in competition with eachother. Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ... Cant wait to see this fly over Monetha Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.
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benalexis12
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October 02, 2017, 07:57:31 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is. Monetha and TenX targets different use-cases in thebc ecosystem. Tenx and UTRUST are completely different, they will not be in competition with eachother. Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ... Cant wait to see this fly over Monetha Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust. Monetha is good but Utrust is way better than those coins mention above. Tenx Pay is a debit card product while Utrust has a platform that you can pay your favorite crypto currencies
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redhondaxrm125
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October 02, 2017, 07:58:23 AM |
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The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
I totally agree with your point. Utrust being a bridge can really benefit both fiat and crypto users. But mostly crypto users. Because with utrust creating this project, it can really bring a lot of traffic in the crypro world. Although fiat users may see this as something illegal or scam because of the lack of enough knowledge they will eventually learn more about it because of curiosity and be drawn to it more by the time they realiz what the benefits are in using cryptos and utrust.
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Elkmar
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October 02, 2017, 08:04:07 AM |
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I never heard about Monetha, did their ICO had some success ?
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Frank37
Sr. Member
Offline
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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October 02, 2017, 08:15:50 AM |
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The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
I totally agree with your point. Utrust being a bridge can really benefit both fiat and crypto users. But mostly crypto users. Because with utrust creating this project, it can really bring a lot of traffic in the crypro world. Although fiat users may see this as something illegal or scam because of the lack of enough knowledge they will eventually learn more about it because of curiosity and be drawn to it more by the time they realiz what the benefits are in using cryptos and utrust. Fiat users will learn very quick how it feels, to have your coins at your own wallet.
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benalexis12
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October 02, 2017, 08:21:41 AM |
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I never heard about Monetha, did their ICO had some success ?
Probably Yes, i think monetha was launched in the market so better watch out for this platform (Utrust).
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cantdecide
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October 02, 2017, 08:27:53 AM |
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Interesting project. So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments? So they are not directly competing with each other? Also I can't believe anyone hasn't already done a project like this Or is there any direct competition? There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is. Monetha and TenX targets different use-cases in thebc ecosystem. Tenx and UTRUST are completely different, they will not be in competition with eachother. Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ... Cant wait to see this fly over Monetha Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust. Well Monetha is a great competitor for UTrust, but if UTrust manage to handle the platform like they want to with the fee model etc. they will outstand over Monetha in nearly every aspect.
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