Crypterium (CRPT) Crypterium is an all-in-one platform that a | Crypto Great | Bitcoin | DeFi

Crypterium (CRPT)

Crypterium is an all-in-one platform that allows users to store, buy, spend, and send cryptocurrencies. With access to over 50 million merchants worldwide, the Crypterium applets you spend your cryptocurrencies just like cash.

Crypterium is coming off a big year, with the platform doubling its user base and growing transaction volume by 300% in 2020. This led to monthly profits increasing 10x and more CRPT tokens being burned in the process.

As you recall, the CRPT token is the fuel for all crypto-fiat transactions on the Crypterium wallet. These transactions incur a 0.5% fee paid in CRPT then burned. Last month,Crypterium burned 69,885 CRPT tokens. That’s a 47% increase from the previous month and brings the total burned number in 2020 to 646,638.

Looking forward to the year ahead, Crypterium is working to obtain currency licenses to expand fiat on- and off-ramps to its platform. It’s also aiming to expand its Visa crypto debitcards to the U.S. and China. They would be its largest markets yet, representing a major catalyst we look forward to.