Crypterium is a blockchain-based banking platform that aims to provide users with the same services as traditional banks and other financial institutions, but by solely focusing on cryptocurrencies.
By presenting itself as a leading banking platform in the crypto sphere, the project plans to offer an ecosystem that adopts and implements the best ideas from visionaries in the blockchain sector.
This article is a comprehensive guide to the Crypterium project, where we will learn all about the project and its underworking.
We shall also take a closer look at its native CRPT token, understand what function it serves, list exchanges where you can buy the coin, and make future price predictions, before determining whether it is a credible cryptocurrency investment.
So, without further ado, let us get started.
What is Crypterium (CRPT)?
Crypterium is a crypto-banking platform that is built from the ground up to offer all the services of a banking institution but with a focus on cryptocurrencies.
A feature unique to the platform is that it provides instant processing for both cryptocurrency and fiat transactions. This is particularly helpful for users because current crypto-processing platforms charge exorbitant fees and issue limits on newer customers.
On Crypterium, there are no transaction limits, and commission charges are set at one of the lowest in the industry. One major benefit this offers the bank’s customers is that they will be able to pay for goods and services using cryptocurrencies globally.
How Does Crypterium Work?
Crypterium aims to provide all the functions of a fully-fledged bank to crypto investors, and there are several ways in which it manages to achieve this.
The platform’s users have the luxury of enjoying a full suite of traditional crypto services like payments, loyalty programs, cashback campaigns, and contactless payments via Apple Pay, Android Pay, QR codes, and others.
What this does is allow Crypterium customers to pay for goods and services using cryptocurrencies at points of sale, where the bank will convert the amount into fiat denominations of the tokens they hold in their account.
Retailers receive fiat into their accounts and the crypto-to-fiat conversion would be processed instantly at a cheaper rate than standard bank rates.
All a Crypterium customer has to do is simply download the app, set up their account, and make purchases as if they were using any other banking app.
Moreover, the platform has its decentralized server infrastructure and third-party integrations with other services that are designed for developers who are interested in the concept. This includes an app store for retail cryptocurrency solutions, which can help generate an additional revenue stream for developers and businesses alike.
Crypterium has no limitation on cross-border transactions largely due to its decentralized nature. Besides that, users can expect native integration with existing credit score systems as well as a marketplace where they can exchange trade derivatives.
What is the Crypterium (CRPT) Token?
CRPT is the native utility and governance token of the Crypterium platform. Token holders are incentivized as they get a cut out of every transaction made by a customer on the decentralized banking platform.
Each Crypterium transaction is charged at a rate of 0.5%, and commissions collected by the platform are automatically used to purchase CRPT from exchanges and burn the spent tokens to protect the value of the asset.
30% of the commission fee is used to incentivize CRPT holders and other active users of the platform.
CRPT has a total supply of 94.74 million tokens, out of which, 84.97 million CRPT are in circulation. The market capitalization of Crypterium stands at $4.97 million. As of press time, the token has achieved a 24-hour trading volume of $1.2 million.
Crypterium Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030
At the time of writing, Crypterium (CRPT) is trading at $0.05803 – up 41.3% in the last 24 hours.
Based on its current valuation, the average trading price of CRPT will reach $1.85 by the end of 2024. The highest price the token can claim this year is $2.62, while its lowest price is predicted to be $1.09.
In 2025, the average price at which CRPT is expected to trade is $3.18. The token is anticipated to hit a maximum price of $4.36 and a minimum price of $2.01 during that year.
By 2026, CRPT is forecasted to trade within a range of $3.05 at its lowest and $3.92 at its highest. The average price at which the token will change hands during that year is estimated to be $3.49.
In 2027, CRPT could have an average trading price of $2.09. During that year, the coin is estimated to trade within a price range of $1.39 at its lowest and $2.79 at its peak.
By 2028, the average trading price for CRPT is estimated to be $2.70. The maximum and minimum price range it could trade between during that year is forecasted to be $1.92 and $3.49.
In 2029, CRPT could be trading within a price range of $3.31 on the lower end and $7.85 on the upper end of the price spectrum. The average trading price for the token during that year is estimated to be $5.58.
By 2030, the price of CRPT is predicted to hit a peak of $9.59, while the token could fall to a yearly low of $3.31. The average trading price of Crypterium during that year is estimated to be $8.28.
Where to Buy Crypterium (CRPT)?
Crypterium (CRPT) tokens can be purchased from the following cryptocurrency exchanges:
Is Crypterium a Credible Cryptocurrency Investment?
Crypterium is a crypto-banking platform that provides users with all the services and benefits offered by traditional banking and financial institutions.
The decentralized bank allows users to conduct normal financial settlements like point-of-sale transactions, currency exchanges, cross-border money transfers and so much more at cheap prices and without the need to depend on any third-party intermediary.
The project is an interesting take on decentralized finance where it acts similarly to a traditional bank but gives users the ability to truly become a part of the financial system. Future price prospects for the CRPT token show growth, which means it is a good investment in the long run.
However, as is the case with every other cryptocurrency, CRPT is also prone to extreme price fluctuations. Hence, you to thoroughly research the project before making any investment decision regarding Crypterium.
