1H
0.00%$0.0000
24H
-11.1%$0.0001
7D
13.4%$0.0001
30D
38.2%$0.0003
CRPT is the official cryptocurrency issued by Crypterium. It is used as a sole method of paying transaction fees applied to crypto-fiat transactions. Every time someone makes a payment using Crypterium app, a fee equal to 0.5% of the value of the transaction in CRPT is taken from user’s account and burned as fuel. The “burning process” is regulated by the smart-contract, and conducted at the current exchange rate. CRPT tokens can also be used as a method of paying fees applied to other, non crypto-fiat, transactions in Crypterium App – for a limited period of time or indefinitely, by the decision of Crypterium. In this case, CRPT tokens can be used as a sole or additional mean of paying transaction fees. Unlike tokens used to pay for fees applied to crypto-fiat payments, those tokens may not be burned. CRPT tokens are developed in accordance with ERC20 Token Standard and operate on Ethereum.
Check out our step-by-step guide on earning interest from DeFi to learn more about commonly used DeFi Apps, notable stablecoins, and the ways of earning interest.
The blockchain technology can simply be explained as a decentralized open ledger system of adding, verifying and then recording transactions between peers in a transparent, efficient and irreversible manner.