xMoney (UTK)

$0.09

-2.79%

Discover xMoney (UTK) with live charts and rapid updates. Stay informed about its market status, learn crypto trading, and dive into the dynamic realm of digital finance. Access news and market insights to grasp factors influencing UTK prices.

xMoney (UTK) Price Real Time-Data

The live price of xMoney (UTK) is $0.09 with a 24-hour trading volume of $37.55M. Its 24-hour peak value is $0.1, and its 24-hour low is $0.088. The current circulating supply is 704.11M UTK, out of a maximum of 1B UTK, leading to a fully diluted market capitalization of $63.44M. The xMoney (UTK) to USD price is updated in real-time.

What is xMoney (UTK)?

xMoney, formerly known as Utrust, aims to enhance cryptocurrency's usability in transactions by addressing security and high fees issues. It enables swift and low-cost crypto and fiat transactions, facilitating merchants to tap into a wider customer base. Buyers enjoy secure purchases and refund options while sellers are shielded from market volatility.

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FAQ

Who are the founders of xMoney (UTK)?

Nuno Correia, Roberto Machado, and Filipe Castro are the co-founders of xMoney (formerly Utrust). Correia, with experience since 2011, has a marketing and law background. Machado, a seasoned professional, worked with renowned companies like Uphold, AT&T, and Airtel. Castro, with a computer science degree, contributed to software solutions before xMoney.

How many xMoney (UTK) are there?

The total supply of xMoney (UTK) is capped at 500 million, with all coins currently in circulation.

What are the potential use cases for xMoney (UTK)?

xMoney offers a Unified Crypto-Fiat Payment Network, bridging traditional finance with crypto. It allows businesses to accept crypto payments seamlessly and enables fast, affordable cross-border transactions. Additionally, its native wallet simplifies crypto management and supports both on- and off-chain payments.

What is the history of xMoney (UTK)?

Originally Utrust, xMoney evolved to address crypto transaction challenges. It leverages blockchain and fiat systems to create a reliable payment platform. After being acquired by MultiversX, UTK transitioned to the MultiversX network as an ESDT token, secured by the secure proof-of-stake (SPoS) consensus mechanism. UTK is available on major exchanges like Huobi, KuCoin, Binance, and more.