5 important Updates in January 2020 you should know
- Unlimited crypto exchange
In January, we have removed the limit on the crypto exchange; users can exchange as much Bitcoin, Ether, and Cashaa from January 2020 as they like. It means you can take advantage of the Cashaa crypto exchange function not to miss the bull run.
E.g., You can now deposit 0.01 or 1000 Bitcoin and other supported crypto and convert them into Euro (€), Sterling Pound (£), Indian Rupee (₹) or vice versa. The limit will only apply to deposit and withdrawals on bank transfers. To check the new limits, please visit the pricing page.
2. Enabled Euro deposit & withdrawal
We have enabled deposits and withdrawals in the Eurozone through the Single Euro Payment Area network (SEPA). Users from 33 countries can now deposit Euro without any deposit fees.
Min deposit amount without any fees is €1,000. There is a flat fee of €5 on each withdrawal.
Deposit and withdrawal limit depends on the plan type starting from €10,000 to €5 Million each month.
E.g., A personal user with a Smart Value plan can deposit up to €50,000; and also withdraw up to €50,000 each month. The total sum of deposit and withdrawals will be upto €100,000 but deposit or withdrawal amount cannot exceed €50,000. Click here to see the limits for each plan.
3. Reduced Indian Rupee deposit fees with higher limits
We have enabled deposit and withdrawal in India through bank transfers, giving crypto accessibility to 1.3 Billion people. Min deposit amount and withdrawal amount in INR is ₹ 10,000. In India, payments are processed through our trusted third-party providers with a fee of 1.5% + GST. Visit the Cashaa India webpage for more details.
E.g., A personal user with a Smart Value plan can deposit up to ₹ 25 Lakh; and also withdraw up to ₹ 25 Lakh each month. You can increase your bank transfer limit up to ₹ 2 crores each month by subscribing to our fantastic staking program.
Recent user Comparison article clearly shows that even with deposit fees, we are cheaper than all the services in India.
4. Receive crypto directly where you need
Cashaa aims to provide a safer and quicker solution for its users. To take a step further, we have added a new feature where users can choose where they want to receive the Bitcoin after purchase instead of sending them by default to the Cashaa wallet.
E.g., You can link your Binance, BitMEX, or any other address into your Cashaa account and during the time of purchase select the account where you want your crypto to be received.
5. Broker Wallet (AMLD5 compliant)
The Fifth European Union Money Laundering Directive became compulsory in Europe from 10th Jan 2020. Stricter regulation will create more difficulties for crypto businesses to have a stable banking solution. As a solution, our “Crypto Business/Broker” account has coded policies and systems to mitigate the risk of the crypto business used for money laundering or terrorist financing. Broker accounts can be used by any business that wants to convert Bitcoin and also can send and receive payments from third parties. For more information on the Broker account, click here.
For further details, visit www.cashaa.com.
Your Cashaa Team
The Next Generation Banking Platform
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