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What is Crypterium (CRPT)?
CRPT is an Ethereum token that powers Crypterium, a wallet that aims to combine traditional financial services and cryptocurrency. When users conduct crypto-to-fiat transactions, a 0.5% gas fee in CRPT is charged and then burned at the end of each month.
The Crypterium wallet combines traditional finances and digital assets with an unlimited amount of wallets to buy, cash out and earn crypto. It supports BTC, ETH, LTC, CRPT and many more. Transfer your crypto with just a phone number or wallet address worldwide for free.
CRPT is the key player inside Crypterium ecosystem, that ensures fast, and secure value transfer while covering the fee on all crypto-to-fiat transactions. Every time when such a transaction appears inside Crypterium, a 0.5% gas fee in CRPT tokens is charged and burned at the end of the month. Until now, our burning rate exclusively depended on transactions, however, we decided to speed up the process and burn up to 30% of the total supply in the next 2 years. Confirming this statement we are also happy to announce that we have already burned more than 1M tokens bringing the biggest CRPT burn in history.
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