Review on Utrust by Alex Martakov
The main advantage of UTRUST in this matter is the reduction of fees, which is…
The main advantage of UTRUST in this matter is the reduction of fees, which is especially important when using the internal cryptocurrency. However, in practice, this aspect is not always considered significant - PayPal Commission is large enough, but it does not reduce the popularity of this system.
In the context of the presented aspects, short-term deposits associated with the periodic redemption of coins by developers, as well as news events and technical implementation of the tasks may be suitable for investing in UTRUST. For long-term investments, analysts do not yet allocate significant prospects, but recommend not to lose sight of the project and monitor the market situation after the release of its working version.
Pros
- (+)- coverage of virtual and real purchases, ensuring the reliability of transactions; (+)- low fees on currency conversion through diversification used exchange sites; (+)- rating system for sales, support loyalty partners UTRUST; (+)- we accept major cryptocurrencies in terms of capitalization and popularity among users; (+)- decentralization of blockchain and smart contracts provides a high level of security of transactions; (+)- low fees no hidden fees, no resets, the system of arbitration. The advantage of UTRUST, which makes the project profitable for sellers, is the Deposit of the received funds. Conversion takes place at the time of payment, Fiat money may not be credited immediately, but their number will correspond to the current exchange rate at the time of exchange. This aspect will help to avoid market volatility of cryptocurrencies.
Cons
- However, in the development of UTRUST analysts emphasize the significant impact of competition. As a payment system in one form or another, other projects based on the blockchain are developed, traditional platforms remain popular.
