We are glad to see the excitement around our Binance DEX listing. We have added the CAS purchase from the Cashaa wallet following requests of many businesses who did not want to acquire CAS from HitBTC, due to their bad reputation. Now that we have successfully migrated to the DEX, businesses can acquire CAS to get Banking services directly from Binance DEX.
1. All users (Business or Personal) have to acquire CAS directly from Binance DEX. We are stopping the trade of CAS from the Cashaa wallet until the wallet is linked with DEX. If your business has already wired the funds to acquire CAS it needs to be settled before 26 July 2019. No sale of CAS will be done through the Cashaa wallet after 26 July, 12:00 BST.
You can sign up at Binance DEX, and start trading CAS here.
2. Users from countries restricted by Binance can download Trustwallet for Android and iPhone and link their wallet to Binance DEX.
Furthermore, the team will start working to link the Cashaa wallet directly through Binance DEX to give you the comfort of trading at DEX directly from our wallet.
Cashaa’s strength is in connecting the traditional banking world with the fiat world, and our developers and architects already started working on integrating this with our Cashaa BEP2 wallet. We will enable Cashaa customers to buy/sell CAS as well as other BEP2 tokens via bank transfer, credit card, BNB, BTC, and ETH.
For more information on the various options to fund your Cashaa wallet, see here.
Following the Launch of Cashaa CMC wallet, we are going to launch the Cashaa exchange service directly within your wallet in February 2019, with fiat deposits and Developers API to start building on top of our product to leverage the features of the world’s first compliance wallet and security with institutional Bitcoin liquidity and banking capability.
Cashaa always believed in the community and before starting the marketing of the following products, we want to show the products to our community so that they can be the first to get the advantages and we can get your valuable feedback before opening it for the world. In light of this, we are announcing 4 weekly direct AMAs with Kumar, where he will show live with the community members and existing users the capabilities and features of our products.
Each hangout will take place from 15:30–16:10 GMT. Join us via Zoom here or find your dial-in number here. Let’s have a look at what you’ll learn in each session!
Compliance and security in crypto — 5 February 2019
After an overview of common issues in crypto around compliance, fraud, security, and centralization, Kumar will present how Cashaa’s CMC wallet is different from other wallets. You’ll get a live demo how to install and use the Cashaa wallet step by step, and get to know its advantages how it helps to keep your crypto secure and ensures all transactions are compliant, followed by an outlook on future developments before we open the Q & A session.
Secure way to buy and sell crypto using fiat — 12 February 2019
In this session, Kumar will give an overview of the common issues with buying and selling crypto, such as around liquidity, ease of use and security. With our new Cashaa Exchange, we will solve all these issues, which we’ll present you together with a live demo. We’ll introduce the exchange details such as fees and limits, as well as what the next steps will be before we answer any questions you may have.
Build on top of Cashaa — 19 February 2019
In our third session, it will be about helping your ideas and visions come to life! We will introduce our APIs for you to build on — our wallet API, institutional liquidity API, market data API, API for KYC/AML, merchant API as well as our vision behind building such an open system and our plans for the future. We are especially excited to discuss this topic with you and explore how we can work together with the entrepreneurs in our community!
Banking the crypto businesses — 26 February 2019
Our 4th and last session is about the biggest advantage Cashaa provides — we provide banking for the crypto businesses! Get to know the features of our coming IBAN accounts, fees, and pricing, status on licenses and partnerships, as well as our global expansion plans.
As always, we’ll open the session for AMAs in the end.
We request users to join the sessions to know what Cashaa has been building silently in this bear market, to get ready for our global expansion with a solid product and service team when the time comes.
Do not miss to attend the live session to know the secrets of Cashaa before others know it!
However, for those who can’t make it, each AMA will be recorded and uploaded on Cashaa’s Youtube channel for the community members in consecutive weeks.
To follow our Cashaa Youtube channel click here to get notifications on the videos. You can also watch our other videos — make sure you press like and share it if you enjoyed them!
Remember our Meme competition a year ago? We would like to capture that great spirit again and therefore announce a new edition, running from 1–18 July 2019!
How does it work?
Make a high-quality, unique, original and creative GIF and/or meme showing your love for Cashaa and our bright future ahead!
MEME competition (SUBMISSION DEADLINE 18 July 2019)
1st place: 10,000 CAS 🥇
2nd place: 7,000 CAS 🥈
3rd place: 4,000 CAS 🥉
GIF competition (SUBMISSION DEADLINE 18 July 2019) :
1st place: 15,000 CAS 🥇
2nd place: 9,000 CAS 🥈
3rd place: 5,000 CAS 🥉
Guidelines:
Be sure to highlight the Cashaa name together with the logo, put Cashaa’s name or Cashaa hashtags where appropriate in your submissions
Gifs will naturally be different concerning creation and standards compared to Memes. Have a look around the internet and see what good quality Memes and GIFs look like, then create something amazing of your own.
Participants can submit as many new quality GIFs and/or Memes on the channel as they like to be considered for the competition.
Participants can only win one prize each per competition (i.e. a person cannot win 1st and 2nd in the same competition or any combination of the placements for any one competition). However, each participant can submit entries to both competitions and potentially win up to two prizes in total.
Let your imagination run wild! No rude or explicit content. Do not post the same GIF/MEME several times. Thank you.
→ QUALITY IS KEY if you want to WIN!
Disclaimer: We, the Cashaa team, reserve the right to reject any submission or change of any rules to this competition at any time as we wish.
At its early stage, Cashaa is traded at low volumes so that a small number of CAS tokens is enough to manipulate the market price. In the past, we have observed incidents where 2–4 Million of tokens suddenly dumped in the
market could crash the price. These crashes give the impression that the community is selling its tokens while actually it is caused by criminals dumping the stolen tokens they acquired by hacking, scamming, phishing, etc.
Last week, in an unfortunate event, 20 Million CAS were criminally taken from a personal MEW. As soon as we realized the impact of this event, we immediately notified all the exchanges to halt the operations and issued a
warning on Coinmaketcap. This was needed to protect the community so that these criminally acquired CAS tokens would not be dumped at any price at exchanges, and further crashing the price of the CAS token.
As we just launched our product for businesses and on-boarded businesses on our Cashaa banking platform, we will see the impact of it in terms of the demand for our CAS tokens. See our Medium update to know what we have achieved so far: Community AMAs 2 June — All you need to know about our achievements in May!
As a community, we will now have to decide what the next step will be.
We have considered different options and as CAS is an ERC 20 token we do not have any control. However, to support the community and protect the community from a further dump of stolen tokens, we propose to SWAP existing CAS tokens with CASHAA tokens (new symbol).
> Existing token symbol: CAS
> Proposed token symbol: CASHAA (new symbol)
To cast your vote you have to send 0.1 CAS to the following address:
Support SWAP (YES)
0x6D54a8C3D72e81EA0b62dC8D4E982e599216d776
or to the next address if you are against SWAP
Against SWAP (NO)
0x58799B8DD5e04Fe947197a72F4f281Fc85bA06c9
What will be the voting mechanism?
Thanks to blockchain, all data is publically available. CAS is distributed in 12,464 addresses, through this voting mechanism holders can send their decision that they want to SWAP or NOT. 1 CAS = 1 vote, to proof the address decision you have to send 0.1 CAS from the address which you control.
If you have CAS distributed in 5 addresses, you need to send 5 separate transactions of 0.1 CAS each to the respective address.
The system will automatically check the weight of your vote based on a number of tokens held by the address which sends 0.1 CAS.
If you have tokens present in Cashaa wallet and some part of it is locked for the plan you have chosen, You vote will be calculated also your locked tokens. But you must have to send 0.1 CAs from your Cashaa account to cast your vote.
Please withdraw your tokens from the exchange (Hitbtc, Idex etc)and move it your Cashaa wallet or any on-chain wallets( Metamask, Trezor, Myetherwallet) before voting. Votes sent from an exchange address will not be counted. In case of any issue, please raise a helpdesk with the exchanges.
To cast your vote you have to send 0.1 CAS to the following address:
Support SWAP (YES) — 0x6D54a8C3D72e81EA0b62dC8D4E982e599216d776
Against SWAP (NO) — 0x58799B8DD5e04Fe947197a72F4f281Fc85bA06c9
Voting starts at 6th June 12:00 PM GMT and ends on 15th June 2019 12:00 PM GMT. The election result will be decided based on the final numbers.
or if holders of more than 370 Million CAS tokens have voted for any one option and will not affect the decsion process with more votes.
All existing CAS tokens will be discontinued from the Cashaa ecosystem and the new CASHAA tokenwill be implemented.
CAS tokens in the hands of criminals (by hacking, phishing, scamming, etc.) will become obsolete (without KYC) and will not cause any effect on the market price.
What to do if your tokens are at Exchange?
Login into your exchange account.
2. Withdraw them to your Cashaa Account and complete the KYC. Update 7 June: We have informed all exchanges to re-enable withdrawals. Please follow our official Telegram group for the latest updates concerning withdrawals.
3. In case of any issue, raise a helpdesk at the respective companies.
Note: If you are not able to withdraw your tokens on time you will not able to participate in the vote with exchange tokens, but still you will able to get the new CASHAA token in case of SWAP happened. Detailed information on this will be given in the case the community decided to go with SWAP.
Do you need to be worried about your existing tokens?
If you have your keys protected, you should not be worried. Make sure if you have an account with 2FA to please enable it.
If you have purchased the tokens at the token sale or at any exchange, then there is nothing to be worried about.
Only the criminals are targeted and they won’t benefit from the SWAP.
What if the SWAP will not happen?
No change will happen, everything will continue as it is.
The criminals will get away with the stolen CAS tokens.
These criminally obtained CAS tokens can be dumped anytime in the market and most probably cause a further price crash.
Is this happening the first time in crypto?
No, swapping and forking are common events. The biggest example so far is the DOA hack. The Ethereum Foundation decided to vote and due to the result of that Ether was hard forked. Swapping can also happen due
to many other reasons, such as migration from one chain to another. In an example, BNB is now migrating from ERC20 to the Binance chain, Kim Tokens is swapping to Kim Chain. There is nothing to feel uncomfortable about the situation.
How will you get new CASHAA tokens (Only in event of SWAP)?
The Swapping process may start on 18th June 2019 at www.cashaa.com(it’s a tentative date)
CAS (existing tokens) will be sent to burn smart contracts.
If your tokens are present at MEW/MetaMask/hardware wallet/Cashaa wallet/any decentralized wallet, you will receive 1 CASHAA for 1 CAS(1:1) at the same address through which you send your tokens to burn contract.
If you have CAS locked for the Cashaa plan it will be unlocked after voting to send to the burn contract and new tokens will be locked on the same address, to not disturb your staking plan.
If you have tokens at any centralized exchange, withdraw them to your Cashaa account and complete the KYC before sending the tokens to the burn contract.
Note: In case you are not able to withdraw your tokens nothing to worry about, we can credit an equal amount of new CASHAA tokens which is present at the exchange into your Cashaa wallet. However, you will not able to use that tokens for Voting.
Please NOTE:
You have to send only 0.1 CAS, Do not send the complete CAS.
Please withdraw your tokens from the exchange and move it to your Cashaa wallet or any on-chain wallet. Votes sent from an exchange address will not be counted.
3. If you transfer your tokens to another address after voting your vote will not be counted.
4. Do not share your private key with anyone even claiming to be a member of staff, Cashaa never asks for any holder private key, anyone asking for your private key or requesting to show your MetaMask or any wallet through screen share is A SCAMMER.
We request you to use your right to vote, do not wait for others to decide what you want.
Our voting on the CAS token swap has started and will run until 15th June 2019 12:00 PM GMT, or if holders of more than 370 Million CAS tokens have voted for any one option.
Please read our previous article HERE for all details on the voting mechanism, and also have a read through the following FAQ:
What to do if your tokens are at an Exchange?
Login into your exchange account.
2. Withdraw them to your Cashaa Account and complete the KYC.
3. In case of any issue, raise a helpdesk at the respective companies.
Note: If you are not able to withdraw your tokens on time you will not able to participate in the vote with exchange tokens, but still you will able to get the new CASHAA token in case of SWAP happening. Detailed information on this will be given in the case the community decided to go with SWAP.
All existing CAS tokens will be discontinued from the Cashaa ecosystem and the new CASHAA tokenwill be implemented.
CAS tokens in the hands of criminals (by hacking, phishing, scamming, etc.) will become obsolete (without KYC) and will not cause any effect on the market price.
What will happen to the recovered funds?
50% of funds will be used to cover the cost of the SWAP.
25% of the funds will be returned to the victim.
25% of funds will be distributed among the voting participants. These funds are the reward for active participation and will be sent to your Cashaa wallet and will be locked for 12 months.
Do you need to be worried about your existing tokens?
If you have your keys protected, you should not be worried. Make sure if you have an account with 2FA to please enable it.
If you have purchased the tokens at the token sale or at any exchange, then there is nothing to be worried about.
Only the criminals are targeted and they won’t benefit from the SWAP.
What if the SWAP will not happen?
No change will happen, everything will continue as it is.
The criminals will get away with the stolen CAS tokens.
These criminally obtained CAS tokens can be dumped anytime in the market and most probably cause a further price crash.
Is this happening the first time in crypto?
No, swapping and forking are common events. The biggest example so far is the DAO hack. The Ethereum Foundation decided to vote and due to the result of that Ether was hardforked. Swapping can also happen due to many other reasons, such as migration from one chain to another. In an example, BNB is now migrating from ERC20 to Binance chain, Kim Tokens is swapping to Kim Chain. There is nothing to feel uncomfortable about the situation.
How will you get new CASHAA tokens (Only in event of SWAP)?
The Swapping process will start on 18th June 2019 at www.cashaa.com
CAS (existing tokens) will be sent to burn smart contracts.
If your tokens are present at MEW/MetaMask/hardware wallet/Cashaa wallet/any decentralized wallet, you will receive 1 CASHAA for 1 CAS(1:1) at the same address through which you send your tokens to burn contract.
If you have CAS locked for the Cashaa plan it will be unlocked after voting to send to the burn contract and new tokens will be locked on the same address, to not disturb your staking plan.
If you have tokens at any centralized exchange, withdraw them to your Cashaa account and complete the KYC before sending the tokens to the burn contract.
Note: In case you are not able to withdraw your tokens nothing to worry about, we can credit an equal amount of new CASHAA tokens which is present at the exchange into your Cashaa wallet. However, you will not able to use these tokens for voting.
Please NOTE:
You have to send only 0.1 CAS, do not send the complete CAS.
Please withdraw your tokens from the exchange and move it to your Cashaa wallet or any on-chain wallet. Votes sent from an exchange address will not be counted. Update 7 June: We have informed all exchanges to re-enable withdrawals. Please follow our official Telegram group for the latest updates concerning withdrawals.
3. If you transfer your tokens to another address after voting your vote will be not counted.
What if less than the holders of 370 Million have voted?
In this case, we will also go forward with what the majority of the existing voters have voted for.
How long will the swap process take?
From 12th June on, we will enable a fee-free swap for at least 90 days, and then we will introduce a minor fee for latecomers.
Before heading off to another exciting month, we are glad to share the highlights about the events, products, community and more of November, which has been a big milestone for us!
CAS Token Updates
From 8 November on, we distributed our monthly PoS tokens: 7439 addresses that have been allocated a maximum PoS of 221,264,110.15 CAS based on a stake of 316,278,816.13 CAS have received their monthly installment of 31,154,173.4 CAS. Details can be found here.
Product/Partnership Updates
The crypto community now finally will get access to the necessary accounts for their businesses, after being continuously denied by traditional banks:
On 28 November we had our long-awaitedlaunch! As the first stage, have launched our CMC (Cashaa Multisig Compliance) Wallet to send and receive cryptocurrencies and started to onboard business customers.
We have enabled pre-registration for our individual and business accounts, and started the staking periods for our various individual and business plans — get your CAS now on the various exchanges we are listed on, to ensure you get the right account features for your needs, whether you are running a token sale, ICO, STO, exchange, money service business, SME or any other business looking for an account to run your day-to-day business activities.
In the run-up to our launch, our new QA Lead Nilesh on 26 November gave our community an overview over his role in Cashaa — to watch the video, click here.
In addition to the PoS tokens mentioned above, we also distributed 144,000 CAS that were awarded to the members of our Cashaa Knights bounty program, as well as 18,000 CAS that will be released to our community members of the month.
On 14 November, we announced five winners for our Cashaa Sticker Competition held from 7 October — 4 November, where we received more than 1000 stickers. Winners were awarded 17,500 CAS in total:
From 22–28 November, we gave a special Thanksgiving bonus for those who bought CAS tokens on our Cashaa OTC in this period. We offered 5% and 10% bonus on purchase of CAS tokens between 5,000–2,5000 and above 25,000 respectively. In total, 12,025.18 CAS were distributed as a bonus during Thanksgiving week.
Events
On 15 November, Kumar Gaurav was invited as a special guest speaker at Bitcoin Embassy Amsterdam, where he gave a knowledgeable session about blockchain technology and further discussed our products:
From 26–27 November, our Co-Founder & VP Marketing Janina Lowisz represented us at Shift Money Conference as one of 9 finalists of the Shift Money Challenge held in Zagreb, Croatia.
Further, we announced on 27 November that Kumar will speak at the Fortune Asia 2018 Conference in Mumbai, 5 December: “The Future of Financial Infrastructure — Blockchain Remoulding Financial Services”. For more details see here.
Recent Comments