The CAS Token is a key component of the system that enables next generation banking system. CAS serves two main objectives: First, the token is the fuel of an internal mechanism of the Cashaa ecosystem. Second, it is part of the governance component of the CAS system.
Limit on amount that can be transacted can be linked to no. of CAS tokens held by the user. The amount will depends based on volume between 1-5%. Example: Banking limit for 100M USD, Business have to hold 1 - 5 Million USD in CAS Tokens.
CAS will hugely impact the parameters such as interest rate, LTV, Loan duration and processing time. Ex: CAS Token holder with more than 1 M CAS will get faster processing, lower interest rate and max repayment time vs person who holds lower CAS.
CAS token will allow you to verify your community members through Cashaa compliance API. This is mandatory for new ICO and Token sale to get banking services through Cashaa. This API will only be executed based on the CAS token in your account.
Cards & Rewards programs
CAS Crypto Cashback & Rewards Program to receive points for spending through your Cashaa Cards. Use your CAS holding to apply to get higher status to enjoy higher referral, loyalty and promotions rewards.
Lock-in a specific number of CAS tokens to get premium services like Higher FX transfer limit, ATM withdrawals, transfer and exchange an unlimited amount of money, Faster listing of your Tokens and Priority banking services etc.
Usage of CAS for paying for transaction fee, SWIFT charges, FX charges, Corporate or Crypto Cards fees, interest charges, listing fee, account opening charges or monthly fee will be discounted if paid in CAS tokens.
We are proud to conclude the one of the most successful Token Sale of 2017 where more than 53,381 people participated from 119 countries. We received request for US $33 Million crossing our hard cap of $32 Million. However, rejected US$14.37 million out of US$ 33 Million due to strict KYC and AML policies.
Below is a list of exchanges that we are currently listed on and where you can purchase CAS