# What is CrSIP token?

CrSIP Tokens are used by customers for creating Crypto SIPs on the CrSIP Platform. It is one of the most essential elements to use the CrSIP Platform.

The value of 1 CrSIP Token always equals USD $1 and its value is pegged to popular stable coins DAI, USDC, and USDT.

You can purchase CrSIP Tokens using any of these stablecoins (DAI, USDC, USDT) on any of the popular blockchain networks such as Ethereum, Polygon, Binance Smart Chain, and Avalanche on the CrSIP Platform.

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**Exchange ratio : 1 USDC = 1 USDT = 1 DAI = 1 CrSIP Token = 1 USD $**

## What is the use of CrSIP Token?​

To create a Crypto SIP, the user must have CrSIP tokens in their connected personal non-custodial wallet (such as Metamask, Trust wallet, etc.). The exchange ratio of Stablecoins to CrSIP tokens is 1:1 always.

Our CrSIP platform allows users to automate their purchase and investment in their favorite crypto tokens and cryptocurrencies in a systematic and disciplined way. The user can choose the cryptocurrency and tokens he wishes to use on a regular basis \[daily, weekly, monthly] and auto-invest in them.&#x20;

CrSIP Platform will purchase the crypto of the user’s choice on his behalf by comparing the rates from 25+ decentralized and centralized exchanges and automatically deposit the user’s purchased crypto into your personal non-custodial wallet, such as MetaMask, Trust Wallet, etc. at the best lowest rate thereby maximizing the user’s gain and profits. It is a dollar-cost averaging (DCA) investment strategy.

[Click here](https://docs.crsip.finance/how-to-buy-sell-crsip-tokens) to learn how to buy or sell CrSIP tokens.


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