What is Crypterium?
I recently wrote a review of the ICO Crypterium. It is an ICO that is regarded as the crypto bank where you can deposit, buy, sell and trade cryptocurrency and even earn interest just as any normal bank works.
I explained in that review that the internal currency at Crypterium is the CRPT token.
Well, the CRPT tokens are gaining wide exposure and being listed on a major exchange… HitBTC.
Let’s look a little closer at Cryterium and the CRPT tokens.
Who is behind Crypterium?
Crypterium is based in Cyprus. The idea was developed by 3 people:
- Steven Polyak – Managing Director
- Austin Kimm – IR Director
- and Gleb Markov – COO
Crypterium has a highly efficient team and the crypto bank pattern is bound to be a huge success.
How does CRPT tokens Work?
When you own CRPT tokens, you are essentially part owner of the Crypterium crypto bank. You get a cut of every customer payment at Crypterium. 30% of transactions are given back to CRPT owners along with those who are most active on the Crypterium platform.
Plus, at this point CRPT tokens are gaining value and you can buy, sell and trade these tokens at exchanges.
How can I buy CRPT?
At this time, I find 5 exchanges are offering CRPT to buy, sell and trade. I will list the exchanges in order of the market share.
5. and Tidex
You will want to look at exchange rates to understand the best opportunity to invest in CRPT.
How can I trade CRPT?
Trading CRPT works the same way as buying CRPT. You can trade 1 cryptocurrency for another via exchanges or you can trade peer-to-peer via many marketplaces.
As trades are made, miners use their systems to log the records and they are sealed to any changes.
So any buys or trades are dependent on the time it takes for a miner to log that record. It could take 1 minute or ½ hour.
Naturally, miners are looking for the higher paying logs first.
How to choose a CRPT Exchange?
Choosing a CRPT exchange is important for you who are just starting your CRPT investment strategy.
Keep abreast of all our reviews here which can help you choose. But there are 3 properties you should consider when choosing a CRPT exchange:
- Where you are – Regulations on cryptocurrency exchanges are still being developed. But some exchanges will not accept investors from certain areas.
- Payment method and fees – Some exchanges may accept pay systems like Paypal, Neteller and others. And others may only accept credit or debit cards. Plus, you want to look at fees incurred such as miner fees and conversion fees.
- The currency you want to purchase – At this time, only 5 exchanges offer CRPT. But I am sure more will add the alt currency soon.
Here at Investing Online, we see that HitBTC is offering the best exchange rates for CRPT.
If you have any questions, feel free to contact us and we can help you proceed. And research Investing Online as your questions may have an answer on our pages.