13 May 2019, 16:05
2 min reading
Today, we’re launching Crypterium SX — a powerful AI-based system that ensures all your transactions get the best exchange rates available in the market. Here’s how it works. Crypterium — the world’s first crypto-bank — is on a non-stop mission to bridge the gap between the crypto and traditional economies. To do so, we are
Today, we’re launching Crypterium SX — a powerful AI-based system that ensures all your transactions get the best exchange rates available in the market. Here’s how it works.
Crypterium — the world’s first crypto-bank — is on a non-stop mission to bridge the gap between the crypto and traditional economies. To do so, we are offering a unique range of services, such as a global cryptocurrency debit card, transfers to personal and business bank accounts, payouts to MasterCard all around the world, and many others.
Whether you’re exchanging between different cryptocurrencies, paying for a coffee with your Crypterium Card, or sending money to your friend’s bank account, relying on competitive rates is crucial to make sure you are not paying more than you should.
The rapidly-growing cryptocurrency space has seen emerged plenty of cryptocurrency platforms in the last two years. To date, there are more than 250 cryptocurrency exchanges. With some many options available… How can people get a good exchange rate?
Not long ago, finding the best exchange rate for your transactions was literally impossible. You had to monitor rates in multiple platforms and register in each of them to perform transactions. Simply said, it was a time-consuming and highly inefficient process.
Hopefully, that’s not the case anymore. Starting today, you can rest assured knowing that all your crypto-to-crypto and crypto-to-fiat transactions with Crypterium will always get the best exchange rates available in the market.
Our team has developed Crypterium SX — a powerful bid-offer matching engine powered by artificial intelligence that dynamically monitors exchange rates across the natural peer-to-peer flow and the world’s most trusted crypto exchanges.
Our algorithms go through the order books of these exchanges in real time predicting the impact of your order in the market, and determining which exchange is optimal for each transaction.
Moreover, all historical transactions are stored in secure data warehouses that allow Crypterium SX to conduct multiple analysis in order to enhance risk management, identify predictive behaviors and refine the exchange process.
At the moment, we have integrated with Kraken, HitBTC and other major players the market. We will continue to connect more exchanges to ensure a wider diversity and comprehensive approach in finding the best rates for you.
If you’ve been in the cryptocurrency market for a while, you would probably know that exchange platforms aren’t really easy to operate. Verifying your identity is one of the first barriers you might encounter on a crypto exchange.
Many of them have complex ID verification processes divided in multiple tiers. Imagine having to verify your identity on several exchanges… Some platforms wouldn’t even let you buy cryptocurrencies with a credit card before passing through all their verification tiers.
With the Crypterium App, you only need to verify your profile once. And, of course, we’ve developed a super-smooth and quick process in partnership with Jumio — a world leader in authentication solutions.
It doesn’t get any easier when it comes to exchanging cryptocurrencies. Even with the top exchanges, such as Binance or Kraken, you would have to check the order books, liquidity, wait for your order to be executed, etc.
Our app lets you buy, sell or exchange cryptocurrency at best rates without worrying about any of those things. You make your transactions as usual, we make the magic happen behind doors. No waiting, no hidden fees, no hassle.