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xMoney Stock

xMoney

UTK

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xMoney Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
HTXUTK/USDT0.0391278.162.68 M0.14cex247/9/2025, 6:23 AM
BinanceUTK/USDT0.0324,918.3925,119.84871,476.660.01cex540.117/9/2025, 6:23 AM
BitMartUTK/USDT0.0315,131.976,506.54645,834.470.04cex3607/9/2025, 6:21 AM
HotcoinUTK/USDT0.036,912.184,888.59524,269.270.07cex2697/9/2025, 6:23 AM
MEXCUTK/USDT0.0322,038.0513,735.07272,253.020.01cex4467/9/2025, 6:18 AM
GateUTK/USDT0.037,339.2810,116.78235,772.930.01cex3787/9/2025, 6:23 AM
BTCCUTK/USDT0.03247,123.61251,279.15230,907.890.04cex3207/9/2025, 6:18 AM
WhiteBITUTK/USDT0.038,561.556,950.16200,222.790.02cex2737/9/2025, 6:18 AM
OurbitUTK/USDT0.0318,914.7217,699.31144,919.320.01cex4237/9/2025, 6:15 AM
TapbitUTK/USDT0.03101.5298.0291,708.650.01cex287/9/2025, 6:18 AM
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xMoney FAQ

### What is xMoney (UTK)? xMoney (UTK) is a cryptocurrency that serves as a facilitating medium for digital transactions in the financial landscape. For detailed market data and analytical insights on xMoney, refer to Eulerpool.

xMoney, formerly known as Utrust, was developed to address challenges associated with the limited usability of cryptocurrency as a means of payment. This includes the underdeveloped transactional security of payment platforms and relatively high fees. The platform's primary objective is to establish a system that facilitates rapid and seamless crypto transactions at reduced fees, allowing merchants to access a substantial audience of crypto holders. The platform empowers buyers to make secure purchases while providing options for refunds and shielding sellers from the high volatility inherent in the crypto market. Furthermore, the platform aims to incorporate fast and seamless crypto and fiat transactions at lower costs, enhancing merchant accessibility to a wide audience of crypto holders. xMoney's ambition is to create a more reliable payment platform by integrating the most advantageous aspects of blockchain technology with traditional fiat systems. Through the utilization of cutting-edge technology and a strategic partnership with MultiversX, xMoney equips individuals and businesses to optimize their payment processes, drive growth, and offer exceptional customer experiences. With a steadfast commitment to innovation and excellence, xMoney continues to be a leader in transforming the financial industry. The native token of xMoney, UTK, along with its tokenomics UTK 3.0, primarily aims to encourage desirable behaviors such as the acceptance of both crypto and fiat by businesses, and the facilitation of payments. This incentivizes more companies to join the ecosystem, creating a flywheel effect that benefits buyers, users, investors, token holders, and businesses. This collaborative approach further advances the adoption of decentralized financial tools and currencies. For more detailed information about xMoney, please refer to Eulerpool.

Who Are the Founders of xMoney?

Nuno Correia is a co-founder of xMoney (formerly known as Utrust) and serves as the chairman of its board of directors. Correia has been active in the cryptocurrency industry since 2011 and has established multiple B2C enterprises. He possesses expertise in marketing and law. Roberto Machado is a co-founder, board member, and Chief Product Officer (CPO) of xMoney. Before joining xMoney, Machado gained experience working with international companies such as Uphold, AT&T, and Airtel. Filipe Castro is a co-founder, board member, and Chief Compliance Officer (CCO) of xMoney. He holds a degree in computer science from the University of Porto. Prior to his involvement with xMoney, Castro worked on the development of software-related solutions.

What Distinguishes xMoney (previously known as Utrust)?

By integrating the benefits of cryptocurrencies with those of traditional fiat currencies, a Unified Crypto-Fiat Payment Network has the potential to transform the way transactions are conducted, effectively bridging the divide between current financial systems. With a comprehensive understanding of the varied needs of individuals and businesses, we have created proven solutions that have gained widespread acceptance among millions worldwide. The solutions currently available include: xMoney Crypto Pay – Facilitate crypto payments for your business effortlessly. Make or receive fast, cost-effective cross-border payments with ease, no matter your location. Our platform enhances the capabilities of individuals and businesses, providing seamless and affordable cross-border transactions without reliance on traditional banking. Cryptocurrency users often utilize multiple wallets and exchanges to manage their crypto assets. xMoney seeks to simplify this process by offering its own native wallet, enabling users to execute fast and secure transactions. This mobile wallet supports both on-chain and off-chain payments and further allows users to convert cryptocurrencies to fiat, aiding in mitigating price volatility.

What is the Circulating Supply of xMoney (previously known as Utrust) Coins?

The total supply of UTK is capped at 500 million, with the entire amount currently in circulation.

How is the xMoney (formerly known as Utrust) network secured?

Following its acquisition by MultiversX, UTK was integrated into the MultiversX network as an ESDT token. The MultiversX network is protected by the secure proof-of-stake (SPoS) consensus mechanism. To secure the network and serve as validators, all nodes are required to stake EGLD.

Where Can You Purchase Utrust (UTK)?

The UTK token is supported by several major cryptocurrency exchanges, including Huobi, KuCoin, Binance, Hotbit, and Bitfinex, among others.

Investors interested in xMoney are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.