• Utrust is a payment integration solution that allows e-commerce businesses to accept digital currencies as a form of payment.

  • The platform claims to offer instant transactions and immediate crypto-to-cash settlements for merchants with a flat 1% transaction fee (as of October 2nd 2020).

  • Utrust also offers buyers consumer protection. Consumers are expected to receive their money back if something goes wrong.

  • The UTK token is an ERC-20 token on the Ethereum blockchain and is the native token on the Utrust platform. It is used for the following functions:

    • A payment token to pay for the products and services provided by merchants who have integrated Utrust as a payment solution.

    • A waiver of fiat conversion fees when paying with UTK instead of other digital currencies.

    • As a form of payment for refunds.

    • Allows affiliates of the Affiliate Program to be entitled to a share of the revenue generated by merchants, with affiliates being paid in UTK.