10 Most Frequently Asked Questions About CrSIP

What is CrSIP?

Crypto Systematic Investment Platform (aka CrSIP) allows you to automate your investment in crypto currency & tokens in a systematic and disciplined way.

You can choose the cryptocurrency and tokens you want to purchase on regular basis [daily, weekly, monthly] and auto-invest in them. We will purchase the crypto of your choice by comparing the rates from 25+ decentralized and centralized exchanges and automatically deposit your purchased crypto into your personal non-custodial wallet, such as MetaMask, Trust Wallet, etc at the best lowest rate thereby maximizing your gain and profits. It is a dollar-cost averaging (DCA) investment strategy.

What are CrSIP tokens and why do you need them?

What is the use of CrSIP tokens?

CrSIP tokens are needed to create the SIP with our CrSIP platform. It is the native utility token to use the CrSIP platform.

How can you convert CrSIP tokens to fiat currency?

You can sell CrSIP tokens on our platform, i.e., you will receive an equivalent number of stablecoins (DAI/USDT/USDC) in return. You can then take the stablecoins and sell them on any popular platform to convert them into fiat currency.

What are the fees that CrSIP Platform charge to create SIP?

CrSIP platform is charging 2% of the SIP amount to create SIP. There are no penalty charges for early termination of SIP.

You can sell CrSIP tokens on our platform, i.e., you will receive an equivalent number of stablecoins (DAI/USDT/USDC) in return. You can then take the stablecoins and sell them on any popular platform to convert them into fiat currency.

How to use Blockchain chat service?

  • You can start using Blockchain chat by simply going on our CrSIP Platform. But, to use this service you must have a Public (Wallet) Address and Public key of the person to whom you want to send a message.
  • You can save/share/edit/delete contact details here.
  • You can see Chat History if you saved contact details & messages on the blockchain.

How to Swap tokens on CrSIP?

  • Make sure you are connected to your wallet.
  • Select the network on which you would like to swap.
  • Choose the token you want to trade from the dropdown menu.
  • Enter the amount you want to swap, and in the lower section, you can see the number of tokens you want to swap, i.e. the receiving amount.
  • Click on the "Give permission to swap" button.
  • Once you confirm the gas fees, click "Approve".
  • Click on "Confirm"to give permission to access your wallet
  • Once you have completed your transaction, click "close".

What do the terms On-Ramp and Off-Ramp mean?

In the context of cryptocurrency, an On-Ramp refers to a method of acquiring cryptocurrency, while an Off-Ramp refers to a method of selling or exchanging cryptocurrency for traditional currency or other assets.

An On-Ramp could be a platform or service that allows users to purchase cryptocurrency using traditional currency (such as USD or EUR) or other cryptocurrencies.

An Off-Ramp, on the other hand, could be a platform or service that allows users to sell their cryptocurrency for traditional currency or exchange it for other assets.

What are the charges for On-Ramp and Off-Ramp?

We charge 0.2% each for on-ramp and off-ramp.

How to use our App?

Step 1:Buy CrSIP Tokens from CrSIP Manager by swapping popular stablecoins (DAI, USDC, USDT) to CrSIP Tokens.

Step 2: Now choose the crypto that you wish to buy and auto-invest, choose the preferred blockchain network.

Step 3: Now choose the recurring amount of investment and at what purchase frequency intervals (daily, weekly, monthly) this recurring amount should be invested for purchasing the crypto.

Step 4: Leave the rest to us! Our CrSIP Manager will directly transfer the purchased crypto to your personal non-custodial wallet at the end of the SIP cycle day!

What details do I need to send an encrypted message?

To send a message from Blockchain chat, you need to have:

  • Public (Wallet) address
  • Public key

of the person to whom you want to send the message.

The Bottom Line

By answering these questions, we hope that you have a better understanding about CrSIP.

Please, feel free to reach out to https://crsip.finance/contact if you have any other questions. You can also visit crsip.finance to learn more about Crsip platform.

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