UTG is a cryptocurrency. Any user in anywhere around the world, can use UTG as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the UltronGlow blockchain.
Every UTG holder also holds a stake in the UltronGlow network. UTG stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool's likelihood of receiving rewards. In time, UTG will also be usable for a variety of applications and services on the UltronGlow platform.
UTG lets you be your own bank. You can control your own funds with your wallet as proof of ownership – no third parties necessary.
UTG may be new but it's secured by proven cryptography. This protects your wallet, your UTG, and your transactions.
You can send your UTG without any intermediary service like a bank. It's like handing cash over in-person, but you can do it securely with anyone, anywhere, anytime.
You only need an internet connection and a wallet to transfer or receive UTG. You don't need access to a bank account to make any transactions.
UTG is divisible up to 18 decimal places so you don't have to get 1 whole UTG. You can get fractions at a time – as little as 0.000000000000000001 UTG if you want.
There are many blockchain network and lots of other tokens nowadays, but there are something that only UTG can do.
UTG is the life source of UltronGlow. When anyone make a transaction by using UTG application, they need to pay a small fee in UTG to use the UltronGlow network. The fee will be destroy by sending into the “Black hole” and the circulation of UTG will decrease until 21million left.
The super nodes will verify all transaction. Miners are like the ledger keepers of UltronGlow – they check and prove that nobody is cheating. Miners who do this work are also rewarded with small amounts of newly – issued UTG in the POS system.
The work miners do keeps the network of UltronGlow secure and totally decentralize. In other words, UTG powers UltronGlow. UTG will become even more important with staking. When you stake your UTG you'll be able to help secure UltronGlow and earn rewards.
You can buy or sell UTG for fiat or other cryptocurrencies using cryptocurrency exchanges. Visit CoinMarketCap or CoinGecko to see the list of exchanges that support UTG.
As an UTG holder, it is important to keep your funds secure, and that means you need to keep your private keys privately. It is highly recommended to avoid keeping your cryptocurrency in an exchange longer than necessary, and instead to use a cryptocurrency wallet. We recommend either a full-node wallet like Basemeta, or Blube.