Crypterium is building the most convenient payment solution that will let you pay with your digital assets with the same ease as cash or payment cards - anywhere in the world. There are just five simple steps separating you from using digital assets in your everyday life:
Issue a card within the app
Bind it to your digital account
Link it to Apple Pay, Samsung Pay or Android Pay
Use Crypterium anytime you pay with your smartphone.
We have set a goal of bringing the digital payments industry mainstream so that you can pay your way.
We are constantly adding new features in Crypterium App to give you as many options of using your e-assets in everyday life as possible. Right now you can:
Send funds to any bank account - whether you want to refill your balance, or pay your mortgage and bills
Top up mobile phones in over 100 countries - we support over 500 operators, including well-known companies as AT&T, T-Mobile, Verizon, Virgin Mobile.
Refill Skype, Viber and Steam credits in under a minute. This is just the start and many other services are on the way
Send assets in seconds using just the recipient’s phone number, even if he or she doesn’t have a digital asset account
Buy digital seets with traditional money straight from your bank account. Receive, safely store, exchange and send most popular currencies in our wallet,
and much more.
Please keep Crypterium App updated so you’ve always got our latest and greatest improvements.
The current version of the App allows you to store your funds in BTC, ETH, LTC and CRPT. New currencies will be added regularly. At the beginning, we will be focused on the most popular coins and tokens, like XRP, Dash, XEM, NEO, MIOTA, or XMR, moving to other Top100 coins. You can also suggest your favorite currencies in our Telegram Chat, and we shall be happy to review.
Once you store your digital assets in Crypterium App, you’ll be able to check the real-time value of your assets in US Dollars, Euro, Japanese Yen, Australian Dollars, or British Pounds.
Crypterium is building interactions with the leading market makers in the world to ensure that we get the best rate possible for you when paying with your currencies. Our partners enable us to get the best prices on the market, which may improve on those available via retail exchanges.
Crypterium ID is an identification number given to every registered user. It can be used to receive and send money in any of the currencies available in the App instead of a traditional and complex e-wallet addresses. The ID is static and it’s the same for all the currencies, so when you send digital assets you don’t have to worry about choosing one of many addresses - we’ll do it for you.
Crypterium charges a small fee equal to 0.5% of the value of the transaction in CRPT for every transaction made in our App. Apart from that, we don’t charge any additional fees: just as with a regular payment with a traditional bank card, the commission for the transaction processing is paid by the merchant, not the customer.
Our application fulfills the most modern security requirements to mobile banks. We use a "hosted wallet" solution, so private keys are not stored within the app, so it is impossible to get access to them by just hacking the phone. Databases are backed up on a regular basis.
Our users need to verify their identity so that Crypterium will be in line with a banking regulation commonly known as “Know Your Customer” (KYC) and is the process of a business verifying the identity of its clients. It is an anti-corruption and fraud measure that helps us prevent financial crime and fraud. It is also a legal requirement in almost all jurisdictions. Identity verification is a simple, one-time process. Once you’ve done it, you get full access to all Crypterium App features.
In line with regulatory requirements you can make transactions for cumulative amount of EUR 150 before we ask you to verify your identity. Then you will need to upload a picture of a valid government-issued ID, for example a passport or a driving license, and take a selfie with that document. If you want to make transactions exceeding EUR 10,000 per month, we will also need you to provide us with your proof of residence - a utility bill, bank statement, tax invoice, or a government issued residential statement/certificate. You can find details instructions for each step in our App.
Crypterium App introduces the most convenient way of sending digital assets to anyone across the globe - even to people who don’t have e-wallet. Just tap the "Send Funds” button in the App, and send any amount just using the recipient’s phone number. Choose one from your contacts book, or enter it manually, specify the amount, and then just send it. Transactions take just a second. Even if the recipient doesn’t have e-wallet, we’ll generate one automatically and send him or her an SMS with a link to download the app with the money in it. Use this feature to send money to your family and friends, colleagues and contractors, or even to give assets as a birthday present. Together, we can bring digital assets mainstream.
Crypterium App runs its transactions off-chain making them instantaneous. This means we don’t need to wait until they are validated on blockchain to process them. Off-chain transactions also offer more security to the participants, because details are not publicly broadcast.
Crypterium Card will allow you to pay with the currencies you like the way you want. You will be able to spend your digital assets directly on the things you need avoiding complicated exchanges. Since you pay with digital assets, it doesn't matter which currencies the merchant will accept - he still will be able to get USD, EUR or any other local currencies.
We are planning on issuing both virtual and plastic cards worldwide, but we are going to roll out our card solutions region by region. You can pre-order your card on our website, or subscribe to our newsletter to stay up to date with our new releases. Once we enable our card solutions in your region, you will be able to issue a virtual card right after your identity verification. In case you want to stay classic, you’ll be able to order a plastic card as well.
In terms of the use, your experience will be no different from paying with a traditional MasterCard or Visa cards. Link your Crypterium Card to Apple Pay or Android Pay and pay with it at any of 42 million NFC terminals across the globe, as well as in online stores. You can also order a plastic card to use it at ATMs or at retailers that do not support tap and pay technology. We are also planning on implementing QR payment solutions so you could make purchases by scanning the codes.
You can make bank transfers both to personal and business accounts. Once you’ve chosen the option that suits your needs, you should fill in recipient’s/company’s name, IBAN number, and SWIFT/BIC code, then specify the amount you want to transfer and just send it. Please note that bank transfers are normally processed within 2-3 days but timescales can vary by country. If you are concerned about any delays, please contact our support team at firstname.lastname@example.org
With Crypterium, you can replenish your phone balance with Bitcoin or to send top ups to friends and family across the globe. You can also buy Skype, Viber, and Steam vouchers which can be used to top up your credits. Once your balance has been loaded, you’re ready to make a call or expand your gaming library with a multitude of the latest online quests.
Just as a machine operates on fuel, Crypterium payment solutions are powered by CRPT tokens. Every time someone makes a payment, a fee equal to 0.5% of the value of the trade in CRPT is taken from user’s account and burned. This means the number of CRPT tokens will be reducing over time.
CRPT tokens can also be used as a method of paying fees applied to other, non digital asset-fiat, transactions in Crypterium App – for a limited period of time or indefinitely, at the sole discretion 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 digital asset-fiat payments, those CRPT tokens may not be burned.
No, increasing demand for tokens will increase the price of the tokens thereby reducing the amount that are going to be burned for each transaction. In practice this will mean that we will not run out of tokens, just burn a decreasing amount of the issuance over time.
Here’s an example: if you pay for a $100 purchase with Crypterium app, when CRPT is worth $0.5, you’d burn 1 token. But if the CRPT price increases, for example to $2, you’d only need to burn 0.25 CRPT for the same transaction. Simply put, the token-burning rate will be constantly decreasing. Think of it as an asymptote graph. Moreover, CRPT token is not an integer with 18 digits after the decimal point.
During the token sale Crypterium issued 99,983,677 tokens before reaching the hardcap designated in the White Paper. As specified, 70% of this amount went to those who bought tokens during the ICO, and the other 30% were reserved for the project’s needs. No more tokens will ever be added.
You can buy CRPT token directly in Crypterium App, or on the following exchanges: KuCoin, Liquid, HitBTC.
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