Market cap
$0.0 Full cap
∞ Volume 24H
$0.0 ATH
$0.0000
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.
Crypterium, an English cryptocurrency services provider, is the most recent cryptocurrency firm to have authorized a registration from the United Kingdom’s Financial Conduct Authority (FCA).
Modern crypto companies require legal registration to work and provide services worldwide. To clarify this, Victor Kochetov, Kyrrex CEO, provides his vision about it.
With the projection that the supply of CRPT tokens will drop significantly in the next two years, it is expected that the value of the token will increase as well.
