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Key Points From Livestream With Crypterium CPO Andrey Abramov

May 22, 2019

Couldn’t make it to the livestream with Crypterium CPO? Failed to connect to our Youtube (cough cough... our bad)? In any case, you can watch it again here or go over these key points.

There are a lot of things going on these days on Crypterium. We’ve recently redesigned the entire app, launched Crypterium SX and enabled withdrawals to bank cards.

Our CPO Andrey and CMO Siranush have stretched their schedules to go live and explain in detail the latest updates and give you first-hand insights on what’s coming next at Crypterium.

 

 

Great Things We've Done

App Redesign

It took about 2 months to redesign the Crypterium App and two more months to implement all changes. There are two main goals behind this decision:

  1. Improve accessibility to key features: it’s all about creating a smoother user experience. By bringing our four main use cases (top up, send, exchange and cash out) upfront we give you quick access to the functions that matter the most in your day-to-day life.

  2. Develop cross-feature consistency: if you have used one particular feature in the Crypterium App, you should be able to intuitively understand how others operate too.

 

Crypterium SX — A Success!

Crypterium SX was released by the end of April and so far the results have been overwhelmingly positive. At the moment, we have very high exchange volumes. Users are not only exchanging Bitcoin and CRPT, but all the available cryptocurrencies in the app.

As you’ve probably heard already, we are planning to add new cryptocurrencies to the Crypterium App in the nearest future. Crypterium SX ensures that each transaction, no matter which currency you are using, gets the best rate available.

 

Crypto Delivered To Any Bank Card Instantly

We truly bet big on this feature. Until now, the options to withdraw cryptocurrencies were limited. Not for Crypterium users, but for everyone.

“As a crypto holder myself, I’ve tried multiple services over the years, like Localbitcoins. In most cases, I ended up paying around 3 percent. Cashing out with Crypterium costs you only 1.5%. It is one of the most competitive rates in the market,” says Andrey.

Crypterium Cashouts let you access your digital currencies anytime, anywhere. You simply go into the app, select a balance, enter the card number, amount you wish you withdraw and that’s it. The fees are shown straight away and the transactions is typically processed in minutes.

Some users have been wondering what is best when it comes to withdrawals: Crypterium Cashouts or the Crypterium Card. It all comes down to your needs. While we are planning to increase withdrawal limits for card cashouts, you currently cannot send more than $1000 per month. If you are planning to go over that limit, then the Crypterium Card is your go-to as it lets you cash out up to $60 000 per month.

 

 

What’s Coming Next?

USDC — Our First Stablecoin

We’ve made an extensive research to determine which stablecoin should be added first to the Crypterium App. We’ve decided that USD Coin (USDC) is the best choice By the end of this week, you’ll be able to send, receive, exchange and cash out this stablecoin.

USDC is an exceptional stablecoin. It’s backed by U.S. dollars held in a special bank account. It is the result of a joint venture between Coinbase and Circle — a major peer-to-peer payment platform backed by Goldman Sachs. And above all that, it is one of the few fully regulated stablecoins in the market.

 

Registration Made Easy

Our registration process was very long. It took about 7 minutes to sign up because of the multiple steps required. That’s an additional stop for people to start using the app.

We’ve rethinked the entire registration process, making it simpler for new users to get started with Crypterium. This is vital as we prepare our massive user acquisition campaign. The new registration process will be out with the next update, along with USD Coin.

 

Buy Crypto With Your Card

The ‘buy crypto by card’ feature is getting closer. CPO Andrey recognized that he “personally wanted to release it long ago, but focus has been on the Crypterium Card.”

Since the market is recovering, more people are showing interest in purchasing cryptocurrencies, naturally. Therefore, it seems like perfect timing to launch this feature.

This function will let you buy any cryptocurrency available in the Crypterium App using a debit or credit card. While it is premature to confirm a specific date, it will likely be ready by mid-June.

 

Crypterium Card

The referral program has finally come to an end. We are progressively contacting by email the first 1000 users in the pre-order queue, eligible to get the Crypterium Card for free.

First 1000 users

If you are among these users, you will have to fill out a form with some additional information required by our bank partner. Alternatively, you can wait for the next update and upload the documents directly in the Crypterium App.

Once your application is confirmed, we will start shipping. And guess what? The delivery cost is on us if you agree to help us spread the word about the first and only global crypto card.

The next 4000 users

In a couple of weeks, you’ll be able to confirm your card order in the app and pay for it. Then you follow the same process mentioned above: upload the documents, select the delivery method (standard or express) and that’s it!

 

About Crypterium

Crypterium is one of the most promising fintech companies, according to KPMG and H2Ventures. We are building a mobile app that meets the banking needs of the digital assets era.

Our goal is clear: with Crypterium, whatever you can do with traditional money you will able to do with digital assets. This idea is supported, among others, by the co-founder of TechCrunch Keith Teare and over 400,000 registered users, and the number is growing by day.

The team is led by former General Manager of Visa Central & Eastern Europe Steven Parker, and C-level executives from global financial institutions, like Renaissance Insurance, London Derivatives Exchange, American Express etc.

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