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A cryptobank is a new kind of bank that provides the same type of services as a traditional high street bank, but with cryptoassets such as a cryptocurrencies and tokens rather than everyday money we are used to seeing today (often referred to as fiat money). Cryptobanks provide a service-payment infrastructure; a communication between the crypto-world and the fiat-world, opening up an opportunity for users to pay in cryptoassets, and the merchant to receive funds fiat money for services such as telephone, utilities, penalties, loans, taxes, internet, and so on. In simple terms, a cryptobank enables you to spend cryptocurrency in the real world.

Mobile Cryptobank

Physical bank branches, plastic payments cards, your personal neighbourhood banker, are all things of the past. Now everything is digital, mobile and contactless. Crypterium is building a new digital bank for the Cryptocurrency era, that does mostly the same things as the current mobile bank providers, but faster, cheaper, safer using Cryptocurrency on the decentralised blockchain.
As soon as a customer downloads the Crypterium mobile banking App customers will be able to start to make payments instantly. Gone are the days when you need to apply for a debit card and wait weeks for it to be delivered. Customers will be able to instantly pay in any major Cryptocurrency or in ERC20 standard tokens for any product or services at any POS terminals (there are already over 42m installed throughout the world) that are fitted with NFC (near field communication) via the Crypterium mobile banking App.

Smart Exchange

Crypterium’s technology platform is based on algorithms that ensure the most efficient bid-offer matching across natural peer-to-peer flow as well as third party crypto-exchanges. All historical transactions are stored in a dedicated data-warehouse that continuously analyses the data to enhance risk management and identify predictive behaviours, and in turn enable Crypterium to optimize the cryptocurrency exchange process and better educate the customer on possible payment strategies, for example, it may highlight different payment mixes depending on the current token valuations. In other words everything possible is done to ensure that the customer gets the best deal.


Crypto asset and currencies are contained in digital smart contract wallets. Using currently available smart contract wallet technology, there is no need for customers to move money out of their wallets and into Crypterium, Crypterium will simply debit the appropriate amount from the wallets in the predefined manner as identified by the payment protocols, and displays the remaining balances to the customer within the Crypterium mobile banking App.


Start Date 31ST OCTOBER 2017, 10:00 AM (UTC-4)
Duration of Token Sale 75 days

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