The CAS token powers the Cashaa ecosystem. As the native token of the Cashaa platform, CAS has multiple use cases: Staking done for personal banking services, paying for transaction fees on the Cashaa exchange, maintaining an average balance for complementary services, and much more. Cashaa, a financial firm describing itself as a “crypto-friendly neo-bank,” has just raised $5 million from Dubai-based blockchain investment and advisory firm 01ex.
Crypto-Friendly Features
Announced Wednesday, the London, U.K.-based firm said it will soon launch in India and possibly add the rupee to its list of supported currencies alongside the U.S. dollar, the euro and pounds sterling.
It also offers services for bitcoin, ether, the stable coin tether and its own Cashaa coin, with more digital assets like XRP and lite coin eyed for addition going forward.
Also in the cards is a move into the African and Caribbean markets, the firm said.
The new investment will, in part, go toward covering the losses from a hack of its Delhi-based over-the-counter (OTC) operation in July of this year.
The firm said that the hacksaw $3 million stolen, adding that users who lost bitcoin in the breach have already been reimbursed from Cashaa’s own funds.
Digital and Crypto Banking
Digital banking as a service has been adapted dozens of years ago and brought considerable convenience for both financial institutions and their customers. While bank customers save their precious time with banking on the go, financial institutions can save on physical infrastructure and hiring costs by digitizing significant parts of their customer service operations. The recently emerged social distancing requirements have saturated the necessity of providing qualified banking services to customers entirely remotely.
FX & crypto liquidity
International transfers with FX from USD, EUR and GBP
Real-time payments network
Send 70 currencies and 4 cryptocurrencies anytime, all year long from your smartphone or computer.
Build for business
We enable the conversion of large volumes between currencies with minimal movement from the market price.
How To Buy Cashaa (CAS) From Exchanges?
Step 1: Click on Buy Cashaa (CAS) from the Exchange button.
Step 2: You will be redirected to the exchange.
Step 3: Sign up if you do not have an account with that exchange else log in.
Step 4: See if the exchange supports fiat currency or cryptocurrency or both.
Step 5: Deposit the currency it supports and buy the currency you want.
You need banking support wherever you go, whether it's traditional brick and mortar or online, but in today's world, the world is moving at a faster pace than ever before. By introducing the Cashaa banking ecosystem, Cashaa is breaking down all barriers and making history. Casha is extremely safe thanks to the BSC network and the algorithm it uses. Cashaa is taking advantage of this to benefit their investors, well-wishers, and customers. Digital banking has opened up new marketing opportunities, revenue sources, and service channels for financial institutions. Our digital and crypto banking solution with multi-layered security architecture helps financial institutions take advantage of digital transformation by ensuring frictionless usage experience, customer trust, and regulatory compliance. You also can take a chance of being benefited by Cashaa.
Find More:
Website: https://cashaa.com
Facebook: https://www.facebook.com/cashaaLtd/
Twitter: https://twitter.com/yourCashaa
Linkedin: https://www.linkedin.com/company/cashaa
Youtube: https://www.youtube.com/cashaa
Telegram: https://t.me/CashaaLtd
Official Announcements: https://t.me/cashaanews
Author:
Bitcointalk Name: PlumBank
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2304368;sa=summary
Telegram: @warrenbrosee
Bsc Wallet: 0x87E616F1Ed86A9b8cB25222e28a7e5d37d594525