The official launch of the startup took place in 2018 (official site crypterium-com).
Crypterium is an Ethereum-based decentralized blockchain platform, which operates as a cryptocurrency bank, providing a full range of financial services to residents of all countries.
The creators intend to optimize and simplify the use of digital currencies and to link their functioning with real money through several tools.
The developers highlight that centralized banking structures have several drawbacks, including high fees for international transfers, lack of confidentiality, multiple documents, and delays.
The project developers claim that these problems were solved through the use of innovative technologies and the blockchain network, which makes financial transactions fast, anonymous and reliable.
Crypterium is focused on instant transactions, customers’ crediting, payment for goods, and conversion. To implement all the necessary services, the platform uses API tools, a mobile app, and a smart contract system.
The project is based on an internal CRPT token of the ERC20 standard, which is designed to perform all transactions on the platform. Traditional CRPT mining using processors and video cards is not provided.