Crypterium is a whole space with a range of services and technologies. Their offices are located in Russia, Estonia and the UK. Crypterium acts as a mobile bank, which makes it possible to make payments with innovative assets, cryptocurrencies around the world. Payment for utilities, taxis, orders in stores and food in restaurants - all that for which bank plastic cards are now used.

About the Crypterium project

The goal of the project is to create the bank of the future, a revolution in finance. This is a kind of replacement for classical banking institutions with projects of the 21st century. In addition to the ability to pay for services, the development offers a number of other functional operations: currency exchange, loan issuance, payment department.

The issue of digital loans is especially interesting: the user takes the required amount in coins, and then exchanges them into any desired fiat, while information about transactions with money is stored in the blockchain network.

Crypterium dates back to 2013, when the team presented a client in Eastern Europe for making payments from a mobile phone using QR codes. Then they managed to attract more than $ 1 million from large external investors. After just 2 years, the company managed to organize more than 3 hundred contracts with partners, mainly e-commerce services. This approach allowed to raise more than $ 7 million at the secondary stage of fundraising.

During the year, the developers carried out an ICO, which raised more than $ 45 million. Already in 2018, the currency entered the market, and the creators presented their own unique mobile application that allows you to switch to a new payment method forever. Even later, the token hit major cryptocurrency exchanges. The current 2019 was also successful for the project: the first large-scale crypto-card was released, which enables network members to use digital currency to pay for services and goods around the world.

The project team consists of real professionals who have long been familiar with the field of digital payments and banking. Now the project includes 12 main developers:

Stephen Parker, CEO. He has already had a similar experience in his career, for a long time he was a member of the Visa team in Central and Eastern Europe in the same position, so there is no reason to doubt his professionalism and knowledge.
Austin Kimm is the executive director. His list of accomplishments includes companies with a market value of over $ 500 million.
Rafael Carraslosha - Vice President. Carrashosha is a successful banking entrepreneur. FinTech and major global consultants are all embedded in his 25 years of experience in the financial sector.
Vladimir Gorbunov is a co-founder of the company. Financial expert, worked in dozens of successful businesses. The focus of the activity is aimed at finding possible solutions to problems using technology.
Gleb Markov is also a co-founder. In the team, he holds the position of a specialist in financial and technical issues, cryptocurrency affairs. Has over 10 years of experience in this field.
Danny De Geer is Principal Compliance Consultant. Over 15 years of experience in financial crime. In his career, such companies: Deutsche Bank, Royal Bank of Scotland, HSBC, ABN AMRO and other leading financial institutions.
Konstantin Vygolov. Technology expert, CTO, over 10 years of experience in shaping and distributing marketing services.
Abramov Andrey. Heads the department of goods. On his account, work in well-known companies. For example, the developer was involved in the design and creation of the IQ Option and Binomo apps.
John Pearson. Takes the place of the head of the support service. He is responsible for communicating with clients and timely replies to emails of interest.
Siranush Sharoyan. She heads the marketing department, previously was a correspondent for RBC Media Group, publications in WSJ & Forbes.
Georgy Ermakov. He is the head of the research and development department. Has extensive experience. Previously successfully graduated from the LSE.
Ruff Rubaker. Takes the place of head of the design department. His task is corporate and product branding, a professional in the field of UX / UI design.

Crypterium features

Crypterium technology enables fast and convenient non-cash contactless payments. The mechanism of the project is based on algorithms that make it possible to efficiently and accurately combine demand and supply bids. This rule applies both to traditional P2P exchanges and operations on third-party cryptocurrency exchanges.

All information about transfers is stored in unique repositories. Employees constantly monitor the quality of operations to reduce risks and better predictability. It is an opportunity to form individual profitable applications. For example, users get access to information about which digital assets are most profitable at the moment. That is, it all speaks of good customer focus and optimization of all processes for greater efficiency.

Crypterium is convenient to use:

for buying and selling bitcoins, ether, lightcoin, monero and other popular currencies and coins;
for carrying out international transfers to wallet accounts using blockchain algorithms, including usual bank cards, while there is no limit other than the legislative one;
for currency exchange and transfer to other assets;
in order to pay for services: utility bills, fines, tax payments, account replenishment;
to set up automatic debit payments;
in order to track information about transactions, for convenience it is also possible to set a filter by payment category;
to interact with fiat.
Crypterium developers presented an open, accessible system that enables companies to create unique products based on a basic interface. In addition, most of the functionality of the mobile platform can be transferred to other projects. For example, this will be especially useful for:

creators of wallets for digital currency transactions;
developers of cryptoassets exchange points;
projects for the formation of a separate innovative system with offline payments;
loyalty programs;
any payments using digital currency and coins;
information storage and delivery systems;
settings for regular payments;
billing systems;
mechanisms for automatic notification of transfers.

How is Crypterium created?

Following the launch of the tokens, the company announced that one CRPT coin would be worth 0.0001 bitcoin. In order to determine the ratio of this price to other digital assets, you should use the popular exchanges:

Kraken;
Bitstamp;
Bitfinex;
Poloniex.
At the same time, tokens are distributed as follows:

the majority (70%) was sent to bidding among platform participants;
15% is used for advertising campaigns and privileged programs to users;
9% are directed to the personal department of the founders and team members;
3% each to provide bidding partners, as well as to promote and develop the project.
It is not possible to get CRPT in the mining process. To save money, you can use the official mobile utility, as well as wallets based on ERC-20.

Is Crypterium Endless?

CRPT has been released since October 2017. According to the plans of the developers, the issue will be about 300 million coins, while coins can be purchased only for bitcoin and ether. At the moment, about 99.97 million tokens have been issued by the creators, with more than 85 million in circulation. Since the currency functions as an analogue of the classic fiat, it is possible that a re-issue or additional issue of coins is possible. But the team did not give official comments on this matter.

Crypterium strengths

Crypterium has wide functionality, compactly concentrated in a mobile phone. This is a replacement for the bank, which means that the user has access to:

making payments: payment for goods, services, purchases, orders, etc.
money transaction;
exchange of digital currency for another crypto asset or fiat;
the opportunity to get a loan.
It is no coincidence that Crypterium arouses such interest in the cryptocurrency society, because the project has a number of advantages:

There is no need to contact the bank, confirm the data, wait for the card to be issued. Crypterium offers its visitors a ready-made card immediately after registration is complete.
No limits. Unlike traditional banks and payment systems, there are no limits on payments, transfers and other operations with digital savings and real ones.
There is no need to go to exchanges. The development is so large-scale that you can make high-speed transfers, make payments quickly around the world, without the extra costs of using the exchange.
Cooperation with global companies in the field of electronic payments: PayPal, Alipay, PayTM and many others.
Special referral programs, cashback and bonuses for network members. The benefits are designed to improve the use of the system for those users who save their coins on the resource.
Development of contactless payment technology, for example, QR codes, ApplePay, AndroidPay, SamsungPay.
All this suggests that Crypterium can be used not only in large and advanced companies, but even to pay for small household purchases at a kiosk near the house.

Crypterium in TOP currencies

The creators of the Crypterium project based their development on a universal and typical bank model, improving it in accordance with the modern requirements of the financial market for electronic assets. They brought this layer not only to a new level, but also added practicality and convenience. CRPT has moved away from the main disadvantages of the classical banking system, and therefore has the following advantages:

there are no large commissions for international payments;
fast processing time of transactions;
lack of bureaucracy and the inclusion of third parties;
confidentiality;
decentralization.
All this makes the project popular and in demand among users. With each new season, the team pleases the network members with new opportunities. Currently available:

fast payments: in your personal account there is a link to other popular contactless payment systems, which means that the shopping process is greatly simplified;
Internet payment: the resource makes it possible to pay for any purchases on the Internet without any problems, and a cashback will be a pleasant bonus;
currency translation: the team has successfully created a good partner group around itself, and cooperation with leading financial companies makes it possible to exchange digital currency at a favorable rate;
international transfers are carried out quickly, easily and without large commissions;
API tools: for owners of other projects who want to integrate the resource into their system, a simplified mechanism for launching electronic payments was invented;
the opportunity to use the coin as a convenient means for any payment around the world, since the commission is only 0.5%.
Thus, CRPT is a successful and promising project that has managed to introduce innovative cryptocurrency technologies into the established financial system of the whole world. The minimum exchange rate was about 4 rubles, and the maximum rose to 195. This suggests that Crypterium is unlikely to be considered a profitable and breakthrough project for investment, such as Bitcoin, in the near future, but its not in vain that the creators focused on the sphere payment for services and a simplified payment process. The development of technology in recent years enables the entire cryptocurrency community to correctly evaluate a potentially profitable and successful project, and therefore many users expect new developments from the team.