Buy/Sell Crypto & Fiat assets directly on Cashaa platform

Now in just 3 simple click, user will be able to convert their asset without waiting for the order book to fill out or for bids to get filled to complete the transaction. Our Convert feature is user-friendly even for new users, especially compared to spot exchange trading. You only need to learn how to enter the amount you want in the transaction and to preview the quote given.

Follow below simple step to start using Cashaa Convert feature:

1. Login to your Cashaa account and click on the “Convert” tab.

2. Select the token you have and the token you want to buy. You can choose to enter the number of tokens you want to use (at the top part) or the number of tokens you want to gain (at the bottom part) and click “Get Quote”. We will take BTC/CAS as an example here.

3. At the Quote page, confirm the exchange rates and click “Convert” within 15 seconds.

4. Voila! you had successfully exchanged your currencies and you can check your respective wallet for the converted balance.

The Cashaa Team

The Next Generation Banking Platform

 

How To Add a Recipient To Send Cryptocurrency Through The New Platform

Please ​login on https://platform.cashaa.com/ and follow these steps to add a recipient in Cashaa wallet.

Step 1. Please add recipient in your account before sending any Cryptocurrencies. To do so, click on “Add Recipient” on the left sidebar as shown in the image below:

 

Step 2. Click on “Add a recipient” on top of your dashboard, please refer to the image below :

 

Step 3. Fill in the wallet address as per the token blockchain network (e.g. CAS token available in BEP-2,BEP-20,Polygon network) and other details of the recipient and click “Confirm”. Please refer to the image below:

Note:  If your 2FA is not enabled then you will see a warning message to enable it first as shown in the image below. To see how to enable your 2FA, please refer this “How to Enable 2FA on the New Platform”.

 

Step 4. Your recipient will appear on your dashboard as shown in the image below and then you need to verify beneficiary for sending Cryptocurrencies.

 

Step 5. You will receive a confirmation link on your email for verification. Please tap on “Confirm my address” as shown in the image below:                                                                                                                                          

Note:  If you didn’t receive a confirmation link on your email automatically, then in STEP 4 click arrow and click “Get Verification Link” as shown in below image.

 

Step 6. Once you tap on “Confirm my address”, you will be redirected on the link where it says “Verification Successful”, then Click “Continue to your Account”.

 

Step 7. After successful verification please go to your dashboard and you will see your recipient “verified”, refer to the image below:

 

Step 8. Please click on “Activity” on the left sidebar and tap on “Send money” at the top of your dashboard. Please refer to the image below:

 

Step 9. To Send money you need to add the Amount and confirm. Make sure the amount is greater than the minimum listed directly under this field. Please refer to the images below:Points to remember:

  • MEMO is optional. For example, you need to provide the MEMO when sending funds to another Cashaa account or to another exchange. You do not need a MEMO when sending funds to a Trust Wallet, Ledger Wallet or any other Decentralized Wallet.
  • Make sure to double-check if a MEMO is required or not. If a MEMO is required and you fail to provide it, you may lose your funds.
  • Note that some platforms and wallets refer to the MEMO as Tag or Payment ID.

 

Step 10. Tap on Recipient you want to send, please refer to the images below:

 

 

Step 11. Review details of your transfer and click “Confirm and Send”.

Warning: If you input the wrong information while making a transfer, your assets will be permanently lost. Please ensure that the information is correct before making a transfer.

 

Step 12. A pop-up window will appear asking your Account Password, please refer to the images below:

 

Step 13. If you do not want to go through verification process every time for your added recipient (In this e.g., “XYZ”) then you can choose “Skip approval request” option as shown in the image below. We strongly recommend not to use this option for better security of your Account.

 

Step 14. You will receive a confirmation link on your email to confirm your transfer/withdrawal request.

 

Step 15. Please tap on “Confirm withdraw” as shown on the image below:

 

 

Step 16. Once you tap on “Confirm withdraw”, you will be redirected on the link where it says “Verification Successful” than Click “Continue to your Account”.

 

Step 17. You have successfully completed your transfer/withdraw request. To view your request status, go to “Activity” tab and clickarrow as shown in the image below

Note:  All transfer/withdrawal requests are processed from Monday to Saturday between 10 a.m. to 8 p.m. IST.

 

Enjoy sending Cryptocurrencies!

Want to Send National Fiat Currency (USD, EUR, GBP)? Please check out our detailed step by step tutorial on “How To Add a Recipient To Send Fiat Payments Through The New Platform”.

 

The Cashaa Team

The Next Generation Banking Platform

How to make a Crosschain (Bep-2 to Bep-20 / Bep-20 to Bep-2 ) Swap for CAS token on TrustWallet.

What is Crosschain Swap?

Trust Wallet has added a new feature called Crosschain Swap that allows converting of tokens between Binance Chain Bep-2 and Binance Smart Chain Bep-20.

Crosschain Swap enables TrustWallet users to easily convert CAS BEP-2 tokens to BEP-20 tokens and vice versa.

 

Download and Install the Trustwallet app on your mobile device:

  • Refer to this link on how to download and install the Trustwallet on your mobile devices (Android & IOS) – https://community.trustwallet.com/t/how-to-create-a-multi-coin-wallet/41
  • Next, follow along with the setup specified by the app. Go ahead and click Create a Wallet. Write down the backup seed phrase somewhere secret (preferably not on an Internet-connected device). Without this phrase, your funds can’t be recovered if your device is damaged or lost. Confirm that you’ve written them down on the next page.
  • And that’s it! You should now see your wallet.

 

1. How to Swap from CAS BEP-2 To Bep-20 token:

Network Fees

Please be aware that swapping tokens will require a network fee in order to send your tokens from one chain to another. There will be no conversion fee, so you will receive the same amount of tokens that you are sending.

  • In order to swap the CAS BEP-2 to Bep-20 token, you need to deposit BNB Bep-2 and CAS Bep-2 tokens in your Binance Chain address (starts with “bnb”). In this example, we will swap 100 CAS tokens.

  • Tap at CASHAA i.e. CAS token Bep-2.

  • Tap on More and Select Swap to Smart Chain.

 

 

 

  • Fill in the amount you want to convert. Tap on Swap to continue.

  • Confirm the transaction by tapping on Send. Wait for the transaction to be processed.

  • Congratulations, you have successfully converted the CAS BEP-2 tokens to CAS BEP-20.

 

2. How to Swap from CAS BEP-20 To Bep-2 token:

Network Fees

Please be aware that swapping tokens will require a network fee in order to send your tokens from one chain to another. There will be no conversion fee, so you will receive the same amount of tokens that you are sending.

  • In order to swap the CAS BEP-20 to Bep-2 token, you need to deposit BNB Bep-20 and CAS Bep-20 tokens in your Binance Smart Chain address (starts with “0x”). In this example, we will swap 100 CAS tokens.

  • Tap at Cashaa Token i.e. CAS token Bep-20.

  • Tap on More and Select Swap to Binance Chain.

 

  • Fill in the amount you want to convert. Tap on Swap to continue

 

  • Confirm the transaction by tapping on Send. Wait for the transaction to be processed.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Congratulations, you have successfully converted the CAS BEP-20 tokens to CAS BEP-2.

 

Add/Remove Liquidity on Pancakeswap

How to Add/Remove Liquidity on Pancakeswap using MetaMask Wallet:

To Add/Remove liquidity at Pancakeswap then certain prerequisites are needed.

  1. Setup Metamask wallet at your desktop browser.
  2. Switch Metamask wallet default Ethereum Mainnet to Binance Smart Chain Mainnet.
  3. Link Metamask wallet to the Pancakeswap Exchange.
  4. Deposit BNB Bep-20 to buy Cas token Bep-20.

The above Steps from 1 to 4 are already explained in the following article and kindly refer to this link (https://help.cashaa.com/knowledgebase/buy-sell-cas-token-bep-20-on-pancakeswap-using-metamask-wallet).

To Add liquidity:

  • Sufficient (BNB & Cas) Bep-20 tokens are needed in your wallet to provide liquidity.
  • Open this link at your Metamask installed browser -> https://pancakeswap.finance/
  • Please navigate to Trade and click Liquidity and then select Add Liquidity as shown in the below image.

  • Choose BNB and CAS from the Input box.

 

  • Choose how many tokens you wish to add to one half of the pair – the other half will auto-fill. This is due to the pairing needing to be of equivalent value. Details will be provided on your proportional share of the pool, which will dictate the amount of liquidity provider (LP) tokens you receive. The LP tokens will be named in accordance with the pair of tokens you provided, so in this case, the tokens would be named BNB-CAS LP.

  • A pop-up window appears and check the details and click Confirm Supply.

  • Metamask pop up window appears and Check the details and select Confirm.

  • Transaction submitted pop-up window appears and click the View on Bscscan to check whether the transaction is successful or not.

  • That’s it, liquidity was added successfully to the BNB-CAS LP.

 

To Remove liquidity:

  • Open this link at your Metamask installed browser -> https://pancakeswap.finance/
  • Please navigate to Trade and click Liquidity and then select Remove as shown in the below image.

  • Choose the percentage of tokens you want to remove from the liquidity pool and then Select Approve and Remove.

  • A pop-up appears and check the details and click Confirm.

  • Metamask pop up window appears and Check the gas details and select Confirm.

  • Transaction submitted pop-up window appears and click the View on Bscscan to check whether the transaction is successful or not.

  • That’s it, liquidity was removed and your (BNB & CAS) Bep-20 tokens are returned back to the wallet.
  • You will receive your share of the token pool plus any additional tokens earned from trading fees, which you get for being a liquidity provider.
  • The PancakeSwap transaction fee is 0.2%, with 0.17% of that going to liquidity providers.
  • Keep in mind that the number of tokens you receive may be different to what you originally deposited due to impermanent loss.

Impermanent loss

Impermanent loss is a major risk with providing liquidity to an AMM like PancakeSwap. This is a potential loss incurred by the change in the number of tokens you receive when you take your tokens back out of a pool.

This occurs because liquidity pools operate on a ratio-based algorithm – the value of both tokens (in dollar terms) must remain balanced.

If the value of one token in a pair changes, the ratio of tokens in the pool will be altered. This can result in users withdrawing from the pool with more of one token than the other. This could ultimately result in a loss depending on how the market moves.