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Author Topic: UTRUST  (Read 313895 times)
toolucky98
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October 04, 2017, 09:18:15 AM
 #2441

Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...

Yeah its good for the buyer and seller. buyer gets no fee then the seller can get their payment in fiat. its a winwin. Utrust will be the next biggest online payment platform in the near future.
Its really great to know that the utrust token has a very interesting value that will make people prefer to use utrust token over the others.
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Elkmar
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October 04, 2017, 09:25:31 AM
 #2442

Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security?  The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!

I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian.

hm.. but Utrust its Portuguese company? Right?
USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges  Roll Eyes
haha,yeah..but they do find a way to connect and participate..we are in a free world with full of intelligent people haha they will always find a way..

I would not recommend to invest if the country you are citizin in restricts you from it. If you make a profit you will have a hard time getting the money, and you dont want to explain your illegal profits to the
tax gov of the usa Smiley
It would be better if you buy the token/coin later on the exchange.
Violating USA regulations isnt good at all, especially if you get caught.

There don't have the ressources to put the ban into action. How do you want the US government to check if it's citizen took part into the ICO knowing that their fiat investment went surely thought multiples different blockchains ?
cantdecide
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October 04, 2017, 09:29:37 AM
 #2443

Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...

Yes, that's one of the best features for buyers. This and the protection will be a really good combination.

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bitsurfer2014
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October 04, 2017, 09:38:19 AM
 #2444

Is there any announcements regarding the awaited ico of utrust?

Same here, I also wanted to know what is the current update of the Utrust ICO. Oh and when is the ICO date if some of you may know because I couldn't find it anywhere?
I wanted to raise some questions to be cleared out, can this platform allow me to create any business model and in any payment scenario?

The platform is designed to be integrated into different kind of merchants, so i think it will fit naturally to your business. However, it would be wise to test the system first before doing any live implementation to assess it according to your needs.
is the integration possibilities limitless?and also it can adapt to specific needs of every business?

I can say that there is no 100% perfect system. But i have confidence in UTRUST development team to do their best to deliver the project successfully.
Rigorous
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October 04, 2017, 10:04:09 AM
 #2445

Some of you mentioned low or zero exchange fees. I am curious, how do they make that happen?

We provide both buyer and seller low exchange fees by using advanced analytics that connects to multiple crypto-currency exchange providers

Would that be scraping the exchange APIs (like what CoinMarketCap is doing on their market tab) to find the exchange with the lowest spread for the currency pair? What if the spread is big on all exchanges?
Elkmar
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October 04, 2017, 10:05:03 AM
 #2446

Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...

Yes, that's one of the best features for buyers. This and the protection will be a really good combination.

Well some exchanges propose 0% fees or nearly 0%, this must be taken into account. It's sure that it's a good feature but I don't think it will be decisive.
levyashin
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October 04, 2017, 10:13:29 AM
 #2447

Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security?  The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!

I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian.

hm.. but Utrust its Portuguese company? Right?
USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges  Roll Eyes
haha,yeah..but they do find a way to connect and participate..we are in a free world with full of intelligent people haha they will always find a way..

I would not recommend to invest if the country you are citizin in restricts you from it. If you make a profit you will have a hard time getting the money, and you dont want to explain your illegal profits to the
tax gov of the usa Smiley
It would be better if you buy the token/coin later on the exchange.
Violating USA regulations isnt good at all, especially if you get caught.

There don't have the ressources to put the ban into action. How do you want the US government to check if it's citizen took part into the ICO knowing that their fiat investment went surely thought multiples different blockchains ?

You are right but still, it is illegal. If you are a small investor, no-one will know probably. But if you are a big investor getting audited, you will have some hard time to explain it. If you are US citizen, it is your own risk to participate.

Xenrise
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October 04, 2017, 10:24:54 AM
 #2448

Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...
Wow I don't know that they will provide more good service onto its investors. And by that I can see utrust will be trusted by many people.
stormcleric
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October 04, 2017, 10:29:52 AM
 #2449

Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...

Yes, that's one of the best features for buyers. This and the protection will be a really good combination.

Well some exchanges propose 0% fees or nearly 0%, this must be taken into account. It's sure that it's a good feature but I don't think it will be decisive.

Not sure! If we're talking about online payments, fees must be as low as possible in order to attract common users.

alphashotgun
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October 04, 2017, 10:32:03 AM
 #2450

wasnt online for a while.. is there somebody to give me a quick update what happend the last days?
Korsakopf
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October 04, 2017, 10:39:40 AM
 #2451

Maybe this question has already been asked, but i read earlier in the thread that the team is based in Switzerland, and i've also read that Switzerland is cracking down on ICO's. Will Utrust be affected by this?
SEELE^^01
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October 04, 2017, 10:56:27 AM
 #2452

Maybe this question has already been asked, but i read earlier in the thread that the team is based in Switzerland, and i've also read that Switzerland is cracking down on ICO's. Will Utrust be affected by this?

ye,s i heard the news too and would really like to read a statement about this, not that at the end, everything was for the trashcan T_T"
bitcoin-shark
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October 04, 2017, 10:58:27 AM
 #2453

do we still going to have ICO in this week? looking for more details.

nope. ICO will open on 15- October but maybe will have presale before that day so we need keep refresh this thread to wait news from utrust team

If I'm not mistake I think there was already a presale on the 28th of August no ?

Presale is over already Smiley

There is only ico left. Who missed presale, we are all waiting for ico.
yes we all wait the 15th october,the start of ico,i will be ready to invest a part of my eth on the first day,just a curiosity a lot of ico start at 15th october will be a great day...
Trrrt
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October 04, 2017, 11:22:34 AM
 #2454

Pre sale already over, and was a great sucess, I think the ico will continue in that way. Utrust is really a nice project with partnership possibility and a lot of features to come. Investors like that, that increase the value of the project.
levyashin
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October 04, 2017, 11:24:41 AM
 #2455

I just saw this in soma ann thread. Utrust is having a partnership with them.

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Soma is proud to announce a partnership with Utrust! Utrust is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism. Soma and Utrust will both benefit by this fruitful partnership and we are excited to begin this collaboration as a long-term union between two innovative concepts. You can read more from Utrust on their website https://utrust.io/


Soma is a nice project and their ico going well. With this arrangement, both parties will grow. It's very good news for both of them.

Drokzid
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October 04, 2017, 11:27:12 AM
 #2456

I just saw this in soma ann thread. Utrust is having a partnership with them.

Quote
Soma is proud to announce a partnership with Utrust! Utrust is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism. Soma and Utrust will both benefit by this fruitful partnership and we are excited to begin this collaboration as a long-term union between two innovative concepts. You can read more from Utrust on their website https://utrust.io/


Soma is a nice project and their ico going well. With this arrangement, both parties will grow. It's very good news for both of them.
Although the team does not seem to be very active in this thread it is nice to see that they are working hard behind the scenes by establishing valuable partnerships like these ones.

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Heimer
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October 04, 2017, 11:40:25 AM
 #2457

This Soma partnership is huge deal. I'm sure that ICO of Soma will be successful so definitely their platform could be good marketing for Utrust  Grin
ubercool
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October 04, 2017, 11:45:41 AM
 #2458

I just saw this in soma ann thread. Utrust is having a partnership with them.

Quote
Soma is proud to announce a partnership with Utrust! Utrust is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism. Soma and Utrust will both benefit by this fruitful partnership and we are excited to begin this collaboration as a long-term union between two innovative concepts. You can read more from Utrust on their website https://utrust.io/


Soma is a nice project and their ico going well. With this arrangement, both parties will grow. It's very good news for both of them.
Although the team does not seem to be very active in this thread it is nice to see that they are working hard behind the scenes by establishing valuable partnerships like these ones.

Am really happy to hear the news from both the ends. Fortunately, am investing in both and its a good view to have both of them working together.
xialan_lu
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October 04, 2017, 11:47:14 AM
 #2459

this is first week in october but ICO Utrust still not start yet, what new about this project maybe i miss some news
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October 04, 2017, 11:55:00 AM
 #2460

this is first week in october but ICO Utrust still not start yet, what new about this project maybe i miss some news

No, mate, you didnt miss. Still no date. but first week not finished yet. So, wait  Wink
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