What Is Kasta, And How Does It Work?

Kasta

Kasta is blockchain technology acting as an alternative to the mobile money payment method that uses cryptocurrency to facilitate digital payments for goods and services without using financial intermediaries like banks. Founded by Moon Carl, this platform simplifies and makes cross-border P2P payments convenient to its users because you can send or receive cryptocurrency instantly using the Kasta app. The driving force behind the development of this payment mode was to steer the world to the adoption of a secure, simple, and inexpensive method of electronic payment for goods and services. The system is customized to allow even the users with the least cryptocurrency knowledge to send, receive and store cryptocurrency easily and comfortably.

How Does Kasta Work?

Kasta is developed on a digital ledger called blockchain, which stores up the data on all transactions conducted, including the date, the seller, the buyer, the time when the transaction was effected, and its total worth chronologically. To use Kasta, you sign up and open a Kasta account, after which you can deposit or buy cryptocurrency into your e-wallet and send cryptocurrencies to pay for your goods or to friends instantly. This cryptocurrency enables you to reduce the exchange cost incurred when conducting e-commerce globally. Like any other cryptocurrency, you can buy or sell Kasta.

5 $Kasta's Token Features Making It The Best Cryptocurrency Payment Method

Kasta has been developed and simplified to make the payment process easy, cheap, and fast. $Kaster token acts as a payment mode for goods and services. Once you have this token, you can pay your bills without incurring any unnecessary transaction fees associated with other cryptocurrencies. If you invest in $Kasta, you get eligible for other perks like cashback, voting rights and a customized debit card that allows you to Buy Goods Now on credit and Pay Later.

1. The token acts as a stake to the holders. If you are a holder of such a token, you can exploit the blockchain services to help your investment generate a passive income.
2. Exchange rate fees reduces on the use of $Kasta tokens. Unlike cash payments, whose cost of transactions for payments on international trade are very high, once you use $Kasta to make digital payments for your business transactions, you incur a very low transaction fee.
3. $Kasta acts as a means of payment. Using this cryptocurrency to pay for your transaction is very cheap because Kasta's value does not experience volatility that leads to frequent fluctuations in its value; thus, you are not likely to incur losses when paying for your goods and services.
4. $Kasta token promotes on-chain governance. For any change to be implemented, each token holder has an equal right to vote for or against such a development. The more tokens you have, the more influence you have in voting.
5. You earn rewards once you refer your friends. Kasta recognizes your effort as the brand ambassador by allocating over 10% of tokens as a reward to you when you refer your friends to use it as a means of making digital payments globally.