What is xMoney?
The project aims to create a payment system in which users can pay with digital assets, and sellers receive funds in Fiat. The development focuses on low commissions and fast conversion, which makes the site profitable for all users. The developers of this project draw attention to a number of problems existing in existing payment systems. High commissions, limited use of cryptocurrency, refunds of payments, fraud risks all this creates certain barriers for both buyers and sellers. UTRUST aims to address these issues. The blockchain and smart contract technologies make payments reliable and secure, which makes digital payment systems more attractive than traditional ones. At the same time, UTRUST seeks to provide low commission fees. The functional of the site is integrated with the most demanded crypto coins, the commission for their use will include 1% paid to the platform, as well as the amounts required for conversion into fiat funds. This issue also provides support for your own crypto coin. If the user pays for the purchase through UTK, no commission is charged at all. Based on this factor, it is planned to make cryptocurrency a kind of regulator, which allows reducing the level of commissions in the event of a significant increase in the cost of other crypto coins.