Where to Buy Utrust (UTK)

Utrust (UTK)

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How to Buy Utrust (UTK)

Utrust is looking to solve the paradox of online payment systems by bringing a secure buyer protection mechanism onto their blockchain platform. Traditionally, online payment systems have failed to provide a safe environment, rendering virtual money to lose its practicality. The team at Utrust aims to change that, and bring higher means of security and trust into their decentralized mobile payment platform.

Why should I put my trust in Utrust?

The application contains a coupling mechanism that allows users to use any major crypto to make payments: whether that be Bitcoin, Ethereum or any altcoins

In addition, a small percentage of transaction fees is converted into Trust tokens, which are then burned. This mechanism:

  • Decreases the number of tokens in the market pool as more transactions are performed
  • Reduces market supply, thereby driving up the value of the trust token

As the world’s only cryptocurrency offering consumer protection, the project looks promising in providing users secure and fast transactions.

Create A Coinbase Account

The first step in this tutorial is to buy Bitcoin or Ethereum. You can buy them from Coinbase, but if you’re having problems getting in, try going through Coinmama. The process doesn’t differ. If you’re already a proud owner of Bitcoin or Ethereum, then skip this step and move on.

Open Up A Kucoin.io Account

It’s important to purchase BTC or ETH as we will be using them to buy other coins in a cryptocurrency marketplace. At this time, these are the only two currencies capable of purchasing other coins. While there are usually many marketplaces you can buy crypto crom, UTK is only available on Kucoin, so we’ll be going through that today. Create an account with Kucoin and head on to step 3.

Transfer BTC or ETH to Kucoin

The next couple of steps will help us transfer our BTC or ETH from our Coinbase wallet to our Kucoin wallet. At first glance, you may think ‘eeek.’ In reality, it’s a rather simple process. Follow these steps below:

  • Press “Wallets” on Kucoin.io
  • Locate either “BTC” or “ETH”
  • Hit “Deposit”
  • Click and then copy the address
  • Open up Coinbase once more
  • Press the “Accounts” label on Coinbase
  • Locate your BTC or ETH wallet & select “Send”
  • Place the Kucoin wallet address into the Coinbase recipient address bar
  • Enter how much you want and ship it off!

Still a bit confused, then check out the screenshot below. We used Ethereum in our example but it’s interchangeable with Bitcoin.  

Buy Utrust (UTK) on Kucoin

I trust you’re eager to buy some UTK now? Awesome, let’s get started. Search for the “Markets” tab and locate the BTC/UKT or ETH/UKT market. Once you’ve chosen the market, you can determine your price per coin, how many of them you want, and then finally secure that purchase!

If you’re stuck on this step, below is a screenshot that illustrates the process.

Calculate & Stash Away

Great job, you successfully bought some UTK coins. You can go back to the marketplace to purchase other coins, or let your cryptos sit in your wallet. The choice is yours.

 

Anything else?

Nope, you’re done! We hope the tutorial answered all of your questions. If you’re still having some issues, please don’t hesitate to ask for some help in the chat window to your right.

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