Utrust

Utrust

Crypto payment platform enabling merchants to accept cryptocurrencies with instant settlement.

Launch Year
2018
Consensus
Proof of Stake
Max Supply
500,000,000 UTK
Block Time
~12 seconds
UTK
UTK
Utrust
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap UTK Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Utrust Price Chart

UTK / USD
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Data by CryptoCompare

About Utrust

Utrust is a blockchain-based payment platform that allows merchants to accept cryptocurrency payments and receive settlement in their preferred currency—either crypto or fiat. The platform provides buyer protection features uncommon in crypto payments, including dispute resolution and refund mechanisms. Merchants integrate Utrust through plugins for major e-commerce platforms like WooCommerce, Shopify, and Magento, receiving instant settlement in stablecoins while buyers pay with various cryptocurrencies. Utrust was acquired by Elrond (now MultiversX) in 2021, integrating its payment capabilities with the EGLD ecosystem. The UTK token provides governance rights and network fee discounts.

History

2017
Utrust completes ICO raising $21 million to build a crypto payment processing platform.
2018
Utrust payment platform launches, enabling merchants to accept cryptocurrency payments.
2020
Platform integrates with major e-commerce systems including WooCommerce and Shopify.
2021
Utrust is acquired by Elrond (MultiversX), integrating crypto payments with the MultiversX ecosystem.
2022
UTK rebrands and integrates deeper with MultiversX, expanding payment capabilities and merchant base.

How to Swap UTK

Swapping Utrust (UTK) on SyntheticSwap is quick and requires no account or KYC. Since UTK is an ERC-20 token on Ethereum, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, Rainbow, or Ledger Live. Open SyntheticSwap, select UTK as your source or destination asset, enter your receiving wallet address, and review the floating exchange rate. Once you send UTK to the deposit address provided, the destination asset is delivered directly to your wallet. The process is fully non-custodial — SyntheticSwap never holds your tokens at any point.

How to Store UTK

Store UTK in Ethereum-compatible wallets such as MetaMask or in the MultiversX native wallet (xPortal) following the Elrond acquisition. Check the latest network for UTK transactions.

Frequently Asked Questions