Kasta Launches Lock-Up Tiers with Exclusive Benefits

Kasta
2 min readOct 22, 2022

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Crypto payment app Kasta just launched the first half of its much-awaited lock-up tiers that offer better annual percentage yields (APY) as compared to regular staking, plus lower exchange rates in the Kasta app.

And the most exciting news is that the app is offering a 90% introductory discount for one of its tiers starting November 1, so early users can make the most out of the highest APY and exchange fee discount.

How to Enter Tiers

Kasta app users need to lock up a certain number of $KASTA tokens in the app for 180 days to enter a tier. They can enjoy better exchange rates designated on their Kasta tier during the entire lock-up period, which apply when receiving payments in a different currency using the Easy Swap Engine, completing crypto swaps, and other transactions.

Available Tiers

Note: Other Kasta tiers will be available on future versions of the app.

Enter Tier VI at 90% Off

Effective starting November 1, Kasta app users can enter Tier VI, enjoy up to 8% APY, and 0.376% exchange rate for locking up only 2,000 $KASTA tokens. This makes a huge difference as you can still use the 90% you’ve saved for regular staking or other earning opportunities in the near future.

More Benefits May Be Unveiled Soon

The Kasta team is working on adding more tier-related benefits, which may include staking bonuses, exclusively designed debit cards, bank account access, etc. To those who are using our Refer a Friend feature, all the tokens you’ve earned from referring a friend or being referred by someone will automatically be added on this feature soon.

About Kasta

Kasta is a blockchain alternative to mainstream mobile payment services. Our platform makes P2P payments easy, simple, and accessible. As we transition into a crypto-based economy, Kasta provides the market convenience necessary for cross-border payments on a global scale. Through our platform, we aim for globalized cryptocurrency adoption and to improve the functionality of financial services.

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Kasta

Kasta is redefining the current understanding of digital payments.