Although Crypterium might not be as popular as other famous enthusiasts worldwide, this great currency proved enough potential in 2019.
Truly, an Ether-based token supplies all native transactions that are related to the crypterium wallet in power.
Among the most interesting facts about crypterium is that for every transaction fee that is linked to the platform, 0.5% of it is used for burning Crypterium tokens. Therefore, in the long run, it drops the sum token of the supply volume. Later, this unique feature of Crypterium might be superfluously valuable for investors.
However, the burning token process is specifically regulated by Crypterium Smart Contract. So, there are objections or exceptions.
Also, with each transaction, it automatically reduces the number of tokens in circulation. But it’s nothing to worry about, as it is not possible to burn all the tokens.
Moreover, if the demand for tokens increases, the price of tokens also increases. With this, the number of tokens that are going to be burned for each transaction will surely be reduced.
Furthermore, crypterium serves as a mobile application that allows users to spend cryptocurrency in their daily life. This app also enables users to reportedly invest in cryptocurrencies, to do their phone’s top-ups, as well as ordering its worldwide crypto card.
Interestingly, crypterium reportedly has more than 400,000 registered users. Keith Teare, who is the co-founder of TechCrunch, is claimed to be among its advisers.
Also, the CRPT tokens can be used as a means of paying the fees that apply to other non-crypto-fiat transactions in the crypterium app. This is stipulated for a limited time and can only be applied with the discretion of Crypterium.
