What is Crypterium Token (CRPT)?
CRPT is a native token and a key player inside the Crypterium ecosystem, ensuring fast and secure value transfer while maintaining all crypto-to-fiat transactions.
This digital asset was developed on top of the Ethereum blockchain to ensure stability and scalability for all crypto-to-fiat services provided by Crypterium Wallet, Crypterium Card, as well as all B2B partners.
All crypto-fiat transactions on Crypterium are powered by CRPT tokens. In a nutshell, 0.5% of the trade value in CRPT is taken from the user’s account and burned at the end of each month reflecting a declining supply. Crypterium will increase the burning volume reaching 30% of the total supply within the next 2 years. Whenever such a transaction appears inside Crypterium, a 0.5% gas fee in CRPT tokens is charged and burned monthly.
Since all crypto-to-fiat transactions are fueled by the token, Crypterium has to redeem its native tokens from the open market and burn them monthly, thus increasing the demand. The total number of CRPT tokens is constantly declining, giving a positive impact on tokenomics!
What Is Crypterium?
Crypterium is a fast-growing digital fintech solution that helps customers in 170+ countries manage their assets with ultimate ease. You can store, buy, exchange and cash out the most popular cryptocurrencies in one single app, trusted by more than 500,000 customers worldwide. In addition, Crypterium helps businesses monetize their audience by providing world-class crypto, banking, and VISA card issuance services with its proven SDK program.
Emirex is an innovative platform that includes an exchange, and a marketplace where users can exchange any store of value for digital assets. It maintains 24/7 support accompanied by time-proven platform stability that guarantees the safety of assets and data. The team highly values the power of digital assets and strives to make this world a place with more economic freedom through public, open, fair, censorship-resistant networks that serve humanity.