$ 0.00 USD
$ 0.00 USD
$ 0.00 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
0.00 0.00 WTR
Issue Time
2021-02-22
Platform pertained to
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Current coin price
0.00
Market Cap
$0.00USD
Volume of Transaction
24h
$0.00USD
Circulating supply
0.00WTR
Volume of Transaction
7d
$0.00USD
Change
24h
0.00%
Number of Markets
Current Rate0
0.00USD
WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
3H
0.00%
1D
0.00%
1W
0.00%
1M
0.00%
1Y
0.00%
All
0.00%
Short name | WTR |
Full name | WeTrust(WTR) |
Support exchanges | Uniswap, SushiSwap, PancakeSwap, 1inch, Bilaxy |
Storage Wallet | MetaMask, Trust Wallet, Coinbase Wallet, Electrum, Exodus, Ledger Nano S, Trezor |
Customers Service | Official website https://blog.wetrust.io/Whitepaper https://blog.wetrust.io/Community forum https://blog.wetrust.io/ |
WeTrust (WTR) is a collaborative savings, lending, and insurance platform that is autonomous, neutral, frictionless, and decentralized. WeTrust leverages the Ether blockchain to create a turnkey financial system that leverages existing social capital and networks of trust, eliminating the need for a “trusted third party” to The WeTrust team is a group of blockchain professionals aiming to bring decentralized financial products to everyone. Please be sure to check and verify thoroughly before making any investment.
WeTrust (WTR) presents both potential advantages and drawbacks. On the positive side, it aims to address financial inclusion through its DeFi platform, potentially promoting a more accessible financial system. Additionally, the WTR token incentivizes user participation and fuels various platform functionalities. However, WeTrust faces challenges. As a relatively new project, it needs to establish a strong track record and user base. Moreover, the success of its DeFi platform hinges on widespread adoption and overcoming potential regulatory hurdles. Overall, WeTrust offers an intriguing vision but requires careful consideration of its developmental stage and the inherent risks associated with DeFi projects.
Pros | Cons |
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While WeTrust (WTR) operates in the growing DeFi space, it attempts to differentiate itself in a few ways:
WeTrust (WTR) functions as a decentralized finance (DeFi) platform aiming to build a more inclusive financial system. Here's a simplified breakdown of how WeTrust might work:
Overall,WeTrust (WTR) is an emerging cryptocurrency with limited market data and trading activity. Investors should exercise extreme caution and conduct thorough research before considering any investment in WTR. It is essential to carefully evaluate the project's fundamentals, tokenomics, and potential risks before making any investment decisions.
Due to WeTrust being a relatively new project, it may not yet be listed on major cryptocurrency exchanges. Here are some general recommendations for finding exchanges that sell new or lesser-known cryptocurrencies:
Since WeTrust (WTR) is a relatively new project, there might not be official confirmation regarding compatible wallets. However, based on its potential operation on the Ethereum blockchain (similar to many DeFi tokens), here are some storage options to consider:
WeTrust (WTR) presents both promise and potential safety concerns. While its focus on trusted lending circles and collaborative insurance is innovative, its safety hinges on several factors. As a new project, WeTrust needs to establish a strong track record and user base. Furthermore, the success of its DeFi functionalities relies on navigating evolving regulations and overcoming potential security risks inherent to DeFi platforms. Investors in WeTrust should prioritize thorough research and a high tolerance for risk before investing.
WeTrust (WTR) offers an intriguing vision for a more inclusive financial system through trusted lending circles and collaborative insurance. However, its status as a new project with limited market data necessitates caution. Investors in WeTrust should carefully consider its developmental stage, evolving regulatory landscapes, and inherent DeFi risks before making any investment decisions.
What is WeTrust (WTR) and what does it do?
WeTrust is a decentralized finance (DeFi) platform aiming to build a more inclusive financial system. It leverages trusted lending circles and collaborative insurance models to offer potentially more accessible financial services. WTR is the platform's native token used for incentivizing participation and powering various functionalities.
Is WeTrust (WTR) safe?
WeTrust's safety has multiple considerations. As a new project, it needs to establish trust and a strong user base. Furthermore, the success of its DeFi functionalities relies on navigating evolving regulations and overcoming potential security risks inherent to DeFi platforms. Investors should exercise caution and conduct thorough research before investing.
How does WeTrust (WTR) work?
WeTrust facilitates peer-to-peer lending within trusted social circles and offers a collaborative insurance model. Users can contribute to these functionalities using WTR tokens. Smart contracts on the blockchain manage these processes securely.
Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.
9 ratings
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