CRESTONIUM - The Crypto Bank
INTRODUCTION
Currently, there are many different kinds of crypto-currencies - over 1000+ of them. But there is no bank or crypto-currency bank that will allow the storage of the majority of them, and, more importantly, the spending of them. That is the problem with the modern crypto-currency age, and we are here to solve this problem.
There are several major factors in which Crestonium differs from their competitors. The most prominent one is 0% fees policy.
Another advantage is instant transfer, and the support of many different crypto-currencies.
On top of that, Crestonium offers 100% Token Holder Protection guarantee. The user will get a full refund of their original transaction if the value of CXS doesn’t appreciate 150% within 6 months of the end of ICO. The technological quantum leap of crypto-currency is the ability to now achieve global consensus over a decentralized and distributed network without a trusted third party which eliminates many useless factors as fees and long transaction times.
CRESTONIUM
Crestonium plans to revolutionize cryptocurrency storage also attached to this are benefits you cannot get anywhere else.
Crestonium offers the seamless experience of sending and receiving currency globally at zero cost. We aim to provide unlimited usage to mainstream users as cryptocurrency becomes a phenomenon accepted by all. Crestonium was built, not only for storage, but for actual spending – which remains one of the significant challenges of modern cryptocurrency.
Crestonium prides itself as being one of the few cryptocurrencies out there with zero fees and
transaction speed within a fraction of a second.
What I like most about Crestonium is they are one of the few projects to give token holders complete legal ownership of their tokens. This means that as long as you hold the token (CXS) you are entitled to up to 70% cashback from the platform.
With Crestonium, comes more flexibilities as its platform also allows developers create several applications and solutions while making use of the Crestonium APIs.
Speedy transactions that will make Bitcoin go red with envy have been put in place to ensure they deliver seamlessly. Five thousand transactions per second is no joke when you compare it with Bitcoin that only offers a meagre fifteen transactions per second. This is what Crestonium is promising.
PROBLEMS CRESTONIUM IS PROVIDING SOLUTIONS TO
Security Issue: There is no other electronic cash system in which your account isn’t owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you. It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. Traditional currencies represent big security issue seeing that the companies and third-party services own your money
Spending Obstacles: The reluctance to spend one’s cryptocurrency holdings can be attributed to a few different reasons. First of all, most people believe the value of their digital currencies is going to continue to increase indefinitely. This isn’t an entirely irrational assumption, but baked into it is a very positive belief about the future performance of their investments.
High Cost of Transactions: Issue of the costs associated with selling cryptocurrency. Every exchange has its own fee structure and design, but as a general rule, users can expect to pay fees on a per transaction basis on top of a high exchange rate. This is fine if you are just looking to unload your cryptocurrency, but if you expect to be trading frequently or shopping with cryptocurrency, then this can be a significant cost. It is even impossible to purchase small items or products like coffee with cryptocurrency as the fees and exchange rates are just too high.
SOLUTION PROVIDED
• Secure Platform: Crestonium is tailored for everyday use and provides a robust and secure environment for Cryptocurrency. Direct transactions and instant exchange are just some of the features of Crestonium. Accessible 24/7 worldwide on a laptop, desktop or mobile devices alike. Bank-grade security and next generation account protection. Encrypted SSL connection over HTTPS, 2-factor authentication and trusted IPs.
• Storage and Spending: They provide a cryptocurrency storage of many crypto-currencies — BTC, LTC, ETH, BCH, XRP, EOS, XMR, XLM, NEO, ADA, TRX, DASH, XVG, IOT, ZEC, XRB, and the list is growing every day. That is many more accepted cryptocurrencies than any of crestonium competitors. Many people believe in and own different cryptocurrencies, which is why this is a significant feature. The same goes for spending the cryptocurrencies as the same amount of different cryptocurrencies can also be spend
• Zero Cost of Transactions: You can spend many crypto-currencies and pay instantly without the necessity and hassle of having to exchange the cryptocurrency beforehand. All with 0% fees. Most of crestonium competitors charge some kind of fee to increase their profits, but for us crestonium community is the number one priority. Considering you’ve got to pay a network fee every time you want to transfer cryptocurrency, it’s totally understandable that you would want to avoid excessive exchange fees. They are developing cryptocurrency of a third generation and They want to give crestonium users 0% fees. They also offer low exchange rates and instant transactions.
FEATURES OF CRESTONIUM
Instantaneous transfer of funds with zero transfer fees.
Bank-grade security with account protection features like encrypted SSL over HTTPS connection and 2-factor authentication.
Instant issuance of credit cards.
Token-holder protection guarantee:
CRESTONIUM, in a bid to protect the interest of CXS holders has assured investors of a 100% refund if the value of CXS doesn’t appreciate by 150% within 6 months of the completion of CXS ICO.
Support for over fifty (50) different cryptocurrencies some of which include BTC, ETH, LTC, XRP, XRB, ADA, EOS, XMR, XVG, BCH and ZEC.
Desktop and mobile applications for easy accessibility.
Compatibility with traditional blockchains like Bitcoin and Ethereum.
The CRESTONIUM Standardized Open Platform API supports the development of other applications, increasing the usability of the platform.
CRESTONIUM also offers lending services to CXS holders, enabling them make extra profits by lending their tokens on the platform.
Bonuses for referring investors to the platform.
Support for over ten(10) languages- making it very user-friendly.
Token Value
The CXS token is used for all services on Crestonium — you can even use the token to go shopping! Now here is something revolutionary: Crestonium actually guarantees that the CXS token will go up in value by 150% within 6 months of the ICO — and if it doesn’t, they’ll actually refund the ICO deposit to investors. That shows some incredible confidence on the part of the team, and drastically lowers the risk for investors.
TOKEN AND ICO Details
One CXS is set to cost 0.00002 BTC. Doesn’t mean BTC is all they accept. Currently, Crestonium also accepts, Ethereum ETH, Ripple XRP, Stellar Lumens XLM, Monero XMR, Litecoin LTC, Dash DASH, Bitcon Cash BCH, and Ethereum Classic ETC.
Do you know that with crestonium you will not need to pay fees for your transactions? They will not charge you for buying and selling on Crestonium. Amazing, right!
On top of that, Crestonium offers 100% Token Holder Protection guarantee. The user will get a full refund of their original transaction if the value of CXS doesn’t appreciate 150% within 6 months of the end of ICO.
https://crestonium.io/
Token distribition
Use of proceeds
Token sale
All unsold or unallocated tokens are burnt to create a high demand which will mean an increase in value of the token.
CONCLUSION
Crestonium aims to be a true virtual bank that will deal in blockchain assets such as cryptocurrencies, and like a bank allow the utilization of these cryptocurrencies for payment of services and the sending/receiving of money with nearly no delay. CEO Chris Peters has a lot of experience in blockchain startups, so this project does look promising.
ROADMAP
For more information about the project please visit the links below;
Website : https://crestonium.io/
WhitePaper : https://crestonium.io/Whitepaper/Crestonium_Whitepaper_1.01.pdf
Telegram : https://t.me/CrestoniumOfficial
Twitter : https://twitter.com/Crestonium_io
Facebook : https://www.facebook.com/Crestonium/
Medium : https://medium.com/@Crestonium
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409