Crypterium (CRPT) Feed: Events, News & Roadmap

What is Crypterium?

Crypterium is a digital cryptobank designed to facilitate various financial operations using cryptocurrencies. Beyond the basic functionalities of storing and transferring crypto assets, Crypterium offers advanced banking services like crypto-to-fiat exchanges, currency exchange, lending, and cross-border payments. Additionally, it supports acquiring services, allowing merchants to accept non-cash payments, all while leveraging its proprietary payment infrastructure. The platform is further extensible to developers via the OpenAPI.

At its core, Crypterium’s operational mechanism focuses on seamless integration between traditional financial systems and cryptocurrencies. This ensures that users can conveniently spend their digital assets, convert between different currencies, and utilize other banking services. Merchants can easily receive crypto payments, which broadens their customer base and payment acceptance capabilities.

The CRPT token, integral to Crypterium, is designed with a unique demand-driven model. Every transaction within the crypto bank generates demand for the CRPT token as a portion of transactional funds are used to buy the token in the open market, guaranteeing its constant liquidity. Furthermore, Crypterium dedicates 30% of its transactional profits to a monthly loyalty fund (MLF) which is utilized to procure CRPT tokens. These tokens are then distributed to active users and token-holders based on their engagement with the Crypterium bank, thereby continually driving demand for the CRPT token.