Discover Crypterium's fundamentals and latest news.

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What is Crypterium?

Crypterium (CRPT) is a cryptocurrency that operates on the Ethereum platform, aiming to bridge traditional finances and digital assets. It offers a comprehensive ecosystem, including a crypto wallet, debit card, and banking platform, allowing users to easily manage and spend their cryptocurrencies in everyday life. The native token, CRPT, is used for transaction fees and provides various benefits, such as loyalty rewards and additional discounts.

How is Crypterium used?

Crypterium (CRPT) is a utility token that plays a crucial role in the Crypterium banking platform. It serves as the fuel for transaction processing, acting as a medium of exchange within the system. Here are some key ways CRPT is used:

  1. Transaction Fees: A 0.5% fee in CRPT is charged for every transaction conducted on the platform. This fee is immediately converted based on the current exchange rates, ensuring transparency and efficiency.

  2. Loyalty Program: CRPT token holders are automatically part of the Loyalty Program, which offers cashback rewards of up to 80% per transaction.

  3. Decentralized Governance: The CRPT Smart Contract ensures that tokens are issued only during the Initial Coin Offering (ICO), and no additional tokens can be issued afterward. This guarantees a fixed supply and prevents inflation.

  1. Crypto-to-Fiat Transactions: CRPT is used to facilitate seamless conversions between cryptocurrencies and fiat currencies, making it easy for users to spend their digital assets in everyday life.

  2. Savings and Interest: Users can deposit their CRPT tokens into a savings account and earn up to 21% interest annually.

  3. Global Crypto Card: The CRPT token is linked to a global crypto card, which can be used to make purchases in over 42 million stores worldwide.

Overall, the CRPT token is designed to provide a convenient, efficient, and rewarding experience for users within the Crypterium ecosystem.

How do I store Crypterium?

To store Crypterium (CRPT) tokens, you can use the Crypterium wallet app, which allows you to manage your CRPT tokens along with other cryptocurrencies like Ethereum, XRP, Litecoin, and over 1,000 other coins and tokens. You can download the Crypterium wallet for both desktop and mobile devices.

How to buy Crypterium?

To buy Crypterium (CRPT) tokens, follow these steps:

  1. Choose a Reliable Exchange: Select a reputable centralized exchange that supports CRPT trading. Some popular options include KuCoin,, and HTX Global. Ensure the exchange is available in your region, as some exchanges have restrictions for certain countries, such as the USA and Canada.

  2. Create an Account: Register on the chosen exchange by providing the necessary information, including photo identification and a means of payment. Verify your email address and identity to complete the KYC (Know Your Customer) process.

  3. Make a Deposit: Fund your exchange account using a debit card, credit card, wire transfer, or Bitcoin. The deposit method may vary depending on the exchange and your location.

  1. Buy CRPT: Use your deposited funds to purchase CRPT tokens. You can do this through the exchange's trading interface, where you can select CRPT as the cryptocurrency you want to buy.

Alternatively, if CRPT is not listed on your preferred exchange, you can use a decentralized exchange (DEX) that supports the Ethereum blockchain. This involves setting up a crypto wallet like Trust Wallet, buying Ethereum, and then using the DEX to trade your Ethereum for CRPT.

Remember to always follow the exchange's guidelines and take necessary security precautions to protect your account and assets.

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History of Crypterium

Crypterium (CRPT) has a rich history dating back to 2013 when the project began building its platform to launch crypto banking services. The company developed a mobile app that allows users to spend cryptocurrencies in their everyday lives, making it easy to use digital coins for various transactions. The app enables users to trade cryptocurrencies, top up their mobile phones, open savings accounts, and order global crypto cards, among other features.

In 2017, Crypterium was recognized as one of the Top 50 Digital Only Banks by Financial IT, and in 2018, it was named among the "Emerging 50 Rising Stars" in Fintech by KPMG and H2Ventures. The same year, Crypterium's token, CRPT, was listed as one of the "Top-5 most promising coins" by CCN.

The Crypterium token sale started on January 1, 1970, and lasted until January 13, 2018. Since then, CRPT has shown significant growth, with a current market capitalization of $5.15 million and a circulating supply of 84.97 million coins.

Today, Crypterium continues to evolve, offering users a seamless way to manage their cryptocurrencies and use them for various transactions. The project's focus on simplifying the use of digital currencies has made it an attractive option for those looking to adopt cryptocurrencies in their daily lives.

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How Crypterium works

Crypterium (CRPT) is a cryptocurrency designed to facilitate the widespread adoption of digital currencies in everyday life. Here's how it works:

Key Features
  1. Mobile Wallet App: Crypterium offers a mobile app that allows users to store, buy, and cash out various cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The app also supports over 200 exchange pairs, making it easy to diversify your portfolio.

  2. Crypto Card: Crypterium has issued a global cryptocurrency debit card, which can be topped up with Bitcoin and used in over 42 million stores. This card is a prepaid Bitcoin card with a U.S. dollar base currency and can be ordered through the Crypterium app.

  3. Transaction Fees: Every time a user makes a payment using the app or debit card, a fee equal to 0.5% of the transaction value in CRPT is taken from the user's account and "burned." This process reduces the number of CRPT tokens in circulation over time.

  1. Earning Interest: Users can deposit their CRPT tokens into a savings account and earn up to 21% interest annually.

  2. Multi-Currency Integration: The Crypterium app supports multiple cryptocurrencies and allows users to top up their mobile phones, open savings accounts, and perform various financial transactions.

How It Solves Problems

Crypterium aims to solve several issues in the cryptocurrency industry:

  1. Pushing Crypto Adoption: By making it easy to use and spend cryptocurrencies in everyday life, Crypterium promotes the adoption of digital currencies globally.

  2. Bridging Traditional Finance and Digital Assets: The app combines traditional finance and digital assets, allowing users to diversify their portfolios and make transactions seamlessly.

  3. Educating Users: Crypterium educates users about cryptocurrencies, helping them understand how they work and their benefits.

Availability and Purchase

Crypterium (CRPT) is available for purchase on several exchanges, including KuCoin,, and HTX. However, it is important to note that some exchanges do not accept residents from certain countries, such as the USA and Canada.

Overall, Crypterium (CRPT) is designed to make using cryptocurrencies easy and accessible, with a focus on promoting mainstream adoption and providing a range of financial services to users.

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Crypterium's strengths

The token Crypterium (CRPT) has several strengths that contribute to its value and potential for growth:

  1. Key Player in the Ecosystem: CRPT is the native token of the Crypterium platform, ensuring fast and secure value transfers. It fuels all crypto-to-fiat transactions, making it essential for the platform's operations.

  2. Utility Token: CRPT can be used to cover fees on all crypto-to-fiat transactions, and each time it is used, a 0.5% gas fee in CRPT is charged and burned at the end of the month. This mechanism reduces the circulating supply, potentially increasing the token's value over time.

  3. Decreasing Supply: The token has a hard cap on its total supply, and a certain percentage of tokens gets burned every month. This diminishing supply can lead to increased demand and, consequently, higher prices.

  1. Multi-Purpose App: The Crypterium app offers a range of services, including trading, phone top-ups, savings accounts, and a global crypto card. This comprehensive suite of features makes it a convenient and versatile tool for users.

  2. Staking Opportunities: CRPT can be staked to earn interest, with rates as high as 125% APY. This incentivizes users to hold and use the token, further supporting its value.

  3. Strong Community: The Crypterium community is optimistic about the token's potential, with many expecting it to reach higher prices in the future. This sentiment can contribute to increased adoption and investment.

  1. Partnerships and Compliance: Crypterium has partnerships with reputable organizations and is compliant with regulatory bodies, ensuring a high level of trust and legitimacy for the token.

These strengths collectively contribute to the token's value and potential for long-term growth.

Crypterium's risks

Crypterium (CRPT) carries several financial risks that investors should be aware of. These risks include:

  1. Market Volatility: Crypterium, like other cryptocurrencies, is highly susceptible to market fluctuations. Its price can drop significantly due to various market factors, making it a high-risk investment.

  2. Regulatory Risks: The cryptocurrency industry is still largely unregulated, which can lead to uncertainty and potential legal issues. This lack of regulation can impact the stability and value of CRPT.

  3. Liquidity Risks: Crypterium's liquidity can be affected by various factors, including market conditions and trading volume. If liquidity is low, it can be difficult to buy or sell the token quickly, leading to potential losses.

  1. Manipulation Risks: As a token with a relatively low market capitalization, CRPT is more vulnerable to price manipulation by large traders or market actors. This can result in sudden and unpredictable price changes.

  2. Credit Risks: Crypterium's ecosystem relies on various financial services, including lending and borrowing. If these services are not properly managed, it can lead to credit risks and potential losses for investors.

  3. Operational Risks: The project's infrastructure and systems are vulnerable to operational risks such as cyber attacks, technical failures, and human errors. These risks can disrupt the functioning of the ecosystem and impact the value of CRPT.

  1. Concentration Risks: Crypterium's ecosystem is concentrated around a few key services and platforms. If these platforms experience issues or failures, it can have a significant impact on the entire ecosystem and the value of CRPT.

Investors should carefully consider these risks before investing in Crypterium (CRPT).

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Did Crypterium raise funds?

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Crypterium’s team

  • Steven Parker: CEO, former General Manager of Visa, with leadership roles in blue-chip companies like RBS, HSBC, and Holiday Inns.
  • Austin Kimm: COO and co-founder, with experience in building companies worth over $500 million and holding international CEO positions in Australia, Czech Republic, Ukraine, and Russia.
  • Gleb Markov: COO, co-founder, with experience in developing digital payment and banking solutions.
  • Vladimir Gorbunov: CCO, co-founder, with a focus on enabling cryptocurrency spending in everyday transactions.
  • Rafael Carrascosa: Vice President, Global Partnerships, with over 25 years of experience in Financial Services, FinTech, and Consulting.
  • James Davies: CFO, experienced in financial technology and derivatives markets, previously COO of London Derivatives Exchange.
  • Niki Akhurst: Partnerships Director, with over 15 years of experience in payments and financial services.
  • Emily Baum: Partnerships Director, specializing in prepaid sectors with European experience.
  • Mike Mahoney: Treasury Manager, managing risk, liquidity, and execution for over 25 years.
  • Axel Tillmann: Leading development in the USA, with close to three decades of leadership experience in startups and publicly held firms.
  • Pavel Ivanov: CTO, with over 15 years of experience in building large-scale processing centers and developing software for high-loaded platforms.

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