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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Utrust by LUIS RIVERO R

Revainrating 3 out of 5

This project is characterized by becoming the paypal of cryptocurrencies and…

This project is characterized by becoming the paypal of cryptocurrencies and its challenge lies in the massification of its products and services. besides that, it attacks a real problem with the purchase of products with crypto since they are too volatile for many merchants to risk accepting for example bitcoin, utrust establishes mechanisms for the buyer to pay with the cryptocurrency of their preference and the merchant receives in fiat the price of its sale something tempting however the project has had a slow development and its beta version is not available I like this idea we will wait to see if it really works.



Updated 5 years ago
Rating has not been changed
It currently has important associations that promote its use as a payment method.
Wallet is in Beta tests.
I think that your biggest challenge is that you implement the use of your token for payments because in that sense there are other popular alternatives to purchase with cryptocurrency.




Pros
  • buyer protection high growth rate for the market with which he works. efficient implementation of internet payments to third parties. for the seller directly receives fiat money The fees for transactions are competitive. The sellers will receive the exact money without risks of volatility.
Cons
  • The real launch of the platform is under development. Large competitors with experience in this market. beta version not yet available.