Great article about the KASH APP INTRODUCING $KASH APP
All Terra Money Projects
Hi everyone!
You are ones again wealthcome back to my channel.
If you have UST in your wallet without doing anything to yield more, $Kash platform are available for users/investors worldwide, providing customers with easy access to high yield stablecoin savings accounts. Let see what this app has to offer
WHAT IS KASH?
KASH is a decentralized banking system built on the Terra blockchain, which allows users/investors to save without the risk of inflation or currency depreciation while earning up to 21% interest on their savings. The system also allows users to invest in stable tokenized assets.
Kash has officially launched US Dollar accounts in the United States with connections to more than 11,000 US banks and credit unions.
Users/investors/customers worldwide can now connect their bank accounts/Terra wallet to Kash and transfer unlimited USD to their account and exchange for US Dollar stablecoins which can be deposited into their savings accounts to earn more than 15% APY.
The team is waiting for confirmations from the partners and some legal stuffs are being sorted out before the system can start it’s full operation, latest 31st March 2022. The only people that can gain access to the company’s products for the now are those that are on the waitlist
PAYMENT OPTIONS AVAILABLE ARE:
There are quite different payments options available on the system for deposit, and Kash offers the cheapest and fastest way to send and receive funds. Though, an additional network processing fee to cover for blockchain transaction cost is added to profit miners/validators on the Terra blockchain
_ Kash-to-Kash Transfer: This transaction fee cost 0.14% per transactions up to 1000 USD
Less than 0.14% per transaction greater than 1000 USD.
While other payment options such as Bank Transfer (SEPA Region) charges 2% person transaction. This method also takes up to 10 minutes to 1 business day for transaction to be confirmed
Manual Bank Transfer (selected Region) charges between 1% to 1.5%. This takes up to 30 minutes to 3 business days for transaction to be confirmed
And the currency supported for any transaction on the system for the now is USTerra_UST and Mongolian Togrog Token_MNT
“KASH is better than a bank, and available globally, upto 20% AYY”
BENEFITSFOR USING THE KASH APP
1. You earn up to 20% interest on your savings.
2. You earn little commission when you send and receive cash.
3. The system has cybersecurity protocols to protect your identity when you withdraw large amounts.
4. There are insurance options to support you when you participate in their decentralized finance. And many more.
HOW TO GET ONBOARD WITH $KASH
Signup via this link:
Most of the features are idle for the now, but you can signup and get familiar with the features on your dashboard till the final kickoff on the 31sth of March 2022
Once you signup with $KASH, you get an instant reward of 1000 $Kash Kredits to be activated upon Kash Rewards program Launch. This enables members to earn higher interest rates on their savings accounts
To earn more $Kash kredit, you need to send out your referral links to friends and family, and get upgraded from one level to the other.
WHEN WILL I START SEEING MY INTEREST?
Your interest shows up on your savings everyday the very moment you made a deposit. And you can as well withdraw your funds from your KASH account to your local bank account or your Terra wallet
You can as well Redeem your Kredits for gift cards and share with friends and family. And can also buy gift cards with UST stablecoins.
I really wish that everyone look into this KASH project and start making use of it now to deposit, save, invest, pay or send… you can earn Kredits for everything you do, instead of allowing your UST idle in your wallets.
I look forward to reading your contributions and suggestions on this post.
For more information on KASH, follow them on their social handles with below links: