Weekly Digest: Integration with Kraken, New license and App Updates

Crypterium
3 min readApr 14, 2018

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Hi there,

How has your week been? Ours was gone in a flash: that’s how quickly we are approaching the launch of the fully-fledged Crypterium app!

Meanwhile, we have some great news for you. Just take a look and join the discussion on our Telegram Chat.

Integration with Kraken: The beginning of Crypterium SX

We want to make sure that Crypterium users get the best rate when paying in their local supermarkets with their crypto. So we’re integrating with the most popular exchanges to enable our brand new Crypterium ​SX technology find the best deals.

Crypterium Smart Exchange ensures the most efficient bid-offer matching across the natural peer-to-peer flow, as well as third-party crypto-exchanges. Our algorithms will be analyzing order books of the most popular crypto exchanges to save you money.

Founded in 2011, San Francisco-based Kraken has been consistently rated the best and most secure crypto exchange, so we chose it as the first one to be integrated. Learn more here.

New license, new prospects

We are gradually obtaining licenses for our activities in order to let you use cryptocurrencies on a daily basis. This week we got licensed to operate as a financial institution.

The new license is issued by the European Union and opens up exciting opportunities for our business. We are now ready to strike partnerships with companies that only work with financial institutions and integrate with more payment systems. The license also shows that we meet high standards set by the EU authorities for the financial institutions and increases our credibility in the eyes of society. Read more here.

Taking over the world — New features of the Crypterium App

Our team of developers is working days and nights to come closer to fully-fledged Crypterium app release.

We have already told you about the features you can find in our app. Now, let’s take a look at all the new features.

CRPT is now trading on HitBTC

Crypterium token is now trading on HitBTC, one of the Top-10 cryptocurrency exchanges by trading volume.

All the Crypterium solutions will only be accessible for use if you have CRTP that will be used as ‘gas’ for the transactions. Every time someone makes a payment, a fee equal to 0.5% of the value of the transaction in CRPT is taken from the CRPT token holder’s account and burnt as fuel. This means the number of CRPT tokens will be reducing over time.

Jump on now and help us bridge the gap between cryptocurrencies and their use in everyday life.

To stay up to date with Crypterium news, join our Telegram Channel.

We also joined Steemit, the most popular blockchain-based blogging and social networking website. Follow us!

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