The US-based crypto exchange Coinbase announced in a tweet that Crypterium (CRPT) is now available on its main website as well as Android and iOS apps.
A project to bring the functionality of traditional finance to crypto investment is booming after Coinbase’s surprise listing.
Coinbase says that CRPT will come with an Experimental label, which the company applies to “assets that are new to our platform or have relatively low trading volume relative to the broader our crypto market”.
The Crypterium wallet allows users to buy 20 different digital assets, while the company’s Visa card comes in both plastic and virtual forms for retail purchases. Users can also earn interest on their holdings with a high-interest savings account.
According to the project’s website,
“We aim to bridge the gap between cryptocurrencies and traditional economies.
Crypterium Wallet combines traditional finance and digital assets with an unlimited number of wallets to buy, withdraw and earn crypto.”
The project’s native token, CRPT, charges 0.5% per transaction, resulting in a token burn. The project says it intends to burn up to 30% of the total supply in the next two years, and that 1,000,000 tokens have already been burned.
Crypterium is up 141.4% since the announcement, priced at $0.79 at press time.
Just two days ago, the CRPT token was trading for $0.17, marking a two-day gain of 364%.