This month was marked by the start of CAS trading on Binance DEX, the long-awaited exchange which forms part of a great ecosystem and which brought a lot of excitement in our team and community. However, a lot more was going on in Cashaa in the past month, let’s have a look!
Token Updates
Binance DEX Listing
The month started with the long-awaited announcement of our CAS token listing on Binance DEX, the leading decentralized exchange by volume. CAS/BNB trading started successfully on 18 July, see here.
Moving all CAS Trade to DEX
On 23rd July, we announced moving all our CAS trade from the Cashaa wallet to DEX. Personal and business users can sign up here and buy CAS directly.
Furthermore, we also announced that we are working on enabling to link the Cashaa wallet directly to Binance DEX, giving you the comfort of trading at DEX from our wallet.
CAS Trading Competition Launch
On 29th, we started our Binance DEX CAS trading competition, which will last 3 weeks and where participants can win a total of 2,000,000 CAS! Requirements include a daily volume greater than 35,000 CAS on a minimum of 5 days a week, a weekly volume of minimum 210,000 CAS, and a minimum holding of 5,000 CAS. See here for all the information.
CAS Swap and Release Schedule
We have also published the full release schedule of BEP2 CAS tokens until the end of the year, as we release them in batches, and have started the distribution on 3rd July.
For all information about CAS, see here.
Product & Partnership Updates
Business Signups
We have come a long way since the launch of our crypto-friendly business accounts in April, and have this month reached a number of 586 businesses sign up to date.
Merchant Accounts
We were also happy to start enabling crypto companies to accept Mastercard and Visa payments under a 2.75% processing fee, compared to giants like Coinbase or Binance charging 3.5–4%, and Changelly or Bitcoin.com even 6–12%.
Free Business accounts for Binance-based companies
We have started our initiative enabling fellow Binance-based companies to get an account with us including free onboarding for banking services, and 50 % discount on further products and services.
Personal Accounts
We have also enabled the early activation of personal accounts for everyone who refers a business user to us, compared to personal accounts for the public only being activated in 2020. To join our referral program, see here for more information.
Team Updates
We are growing! In the past days, we have published 3 exciting opportunities to join our team in Mumbai, including as Frontend Developer, Relationship Manager, and SEO Expert! We are looking forward to receiving your application at hr@cashaa.com and welcoming the future superstars of Cashaa!
Events
1. Amsterdam Community Meetup
While the team was in Amsterdam from 4–10 July, we had a community meetup at the Bitcoin Embassy Amsterdam on 7th, where Kumar presented on what sets Cashaa apart from any challenger banks, as well as participated in a roundtable discussion on various related topics.
2. London Fintech Week
We have attended London Fintech Week, which every July gathers the world’s whos-who in Fintech, and also at this edition brought new users and partnership opportunities such as here with Frontier Networks, led by former Head of Level39, Eric van der Kleij.
3. Summer HI Tech Festival London
Janina was invited to speak at the Summer HI Tech Festival — Tech for allon 16th July in Cocoon London, sharing Cashaa’s way to success in a panel on “Effective Marketing of Tech Companies” as well as presenting on the potential and current real-life applications of blockchain technology in a panel on “Blockchain in Business”.
To watch bull.io’s interview with Janina, and the now published previous month’s panel discussion in Cocoon on mass adoption of Fintech, see here and here.
Cashaa Meme and GIF competition
We have finished our meme and gif competition and rewarded the top 3 of each category respectively — you can find the winning entries here and here. Thanks to everyone who participated!
The Cashaa Team
The Next Generation Banking Platform