Sheesha Finance Spotlight on Kasta

Published on: 07.03.2022

Kasta brings to DeFi the convenience that banking apps brought to traditional finance. With their one-stop DeFi hub, Kasta provides a place for crypto users to easily send and receive crypto anywhere in the world using simple QR codes or phone numbers.

Kasta is on a mission to steer the world towards worldwide cryptocurrency adoption and a crypto-based economy.

Beyond securely sending and receiving crypto, Kasta will provide users with a way to:

⦁ Earn passive income on their tokens.

⦁ Spend their crypto conveniently with the Kasta debit card.

⦁ Provide an innovative and easy-to-use platform offering many DeFi solutions.

Send Cross-Border Payments Fee Free

Kasta makes sending crypto to friends and family anywhere in the world easy. Allowing users to send and receive crypto instantly and without platform fees.

The tech behind the platform is highly secure to store, transfer and receive crypto seamlessly. By simply using a phone number or scanning a QR code, Kasta makes Crypto accessible to everyone.

The Kasta Debit Card

Crypto debit cards are perfect for anyone who wants to truly “unbank” themselves or who receives their salary in crypto.

Gone are the days when crypto users had to sell their crypto on an exchange then transfer the funds to their bank account. A truly inconvenient task as it can take days for the money to reach bank accounts and many banks no longer allow deposits from exchanges.

Buy Now, Pay Later

This feature is fantastic as it allows for spontaneous purchases to be made on the fly with the ability to strategically choose how to pay later when you have some time to think. This is perfect for those times when a hot sale item from an online store catches your eye.

Passive Income? Yes Please

With Kasta’s Yield feature, users don’t have to let their crypto collect dust. Put those crypto bags to work and earn a solid yield APY. The Kasta system will automatically do the work for you and find the best yield returns for the lowest risk available.

An Easy Swap Engine

Thanks to Kasta’s easy swap engine, people will be able to choose what currency they would like to receive payments in.

Say you want to send Grandma some money for cookies but all you have is Bitcoin and Grandma doesn’t understand what it is. No problem, you can send Grandma some Bitcoin and she can choose to receive Euros. You get to enjoy Grandma’s awesome cookies and she doesn’t need to understand crypto. Win-Win!

An Easy Fiat On & Off Ramps

Kasta supports an easy way to get money on, and off the platform. With bank transfer support and pay-outs which can be directly put back onto non-Kasta debit cards, you never have to worry about your funds being stuck.

The Kasta Token

The Kasta token (KASTA) will be used as a method of payment on the platform. KASTA token holders will enjoy reduced exchange fees, improved yield rates, and benefits such as cashback and limited design debit cards.

KASTA will be a multi-functional utility token that will be highly valuable within the Kasta ecosystem as it will unlock features such as:

⦁ Yield multiplying

⦁ Staking with friends

⦁ Better cashback deals-

⦁ Voting rights

⦁ Better referral rewards

⦁ Fee reductions

⦁ Lower exchange rates

⦁ Reduced interest for the buy now and pay later feature

Kasta has partnered up with Moralis, which was co-founded by Ivan from Ivan on Tech. Moralis is a Web3 development platform that builds dApps.

The platform is powered by the Polygon network.

Kasta is providing real-world solutions for a multi-billion-dollar industry that is on track to continue its growth and adoption. In the United States alone in 2021, payment solution mobile apps for traditional finance had a payment volume of $432 billion.

World Blockchain transactions hit a record number of $1.5 trillion worth of value being transacted.

Crypto holders grew from 100 million users to 221 million within the first 6-months of 2021, an explosive trend that continues on a similar trajectory.

Crypto is expected to grow 56% year on year from 2019 to 2025 and Kasta is aiming to become the “go-to” crypto app for providing services.

We have a lot of confidence in the Kasta team as they are all multi-year veterans in the space, with a lot of experience between them, their partners, and advisors.

There is already a lot of hype behind the platform. Early users are anxious to get involved as the Kasta platform fills a much-needed niche in the crypto market.

As crypto adoption grows, so will the need for crypto services such as the ones being provided by Kasta.

Sheesha Finance is a leading DeFi Staking Platform providing premium cryptocurrency portfolio diversification and rewards. We reward investors of any size, from small to large ticket holders, with DeFi tokens from a diversified portfolio of projects.

Easily convertible assets can be freely utilized to maximize rewards and gain exposure to existing and upcoming DeFi projects. With plans to become a member-managed Decentralised Autonomous Organization (DAO), Sheesha Finance is dedicated to upholding full transparency and integrity within the DeFi space.

Stake now and passively earn tokens from some of the hottest projects in the Crypto space. Sheesha staking can be done with SHEESHA tokens which can be purchased on UniswapPancakeSwap, and QuickSwap.

SOURCE: https://sheeshafinance-io.medium.com/sheesha-finance-spotlight-on-kasta-a29dfd40cb31

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