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Transcript of Cashaa
Fees are an important concern:
In some cases, users lose up to 20% of their cash when transferring abroad
P2P Marketplace for cryptocurrency traders and cash senders
Secure P2P Marketplace where crypto traders can bid to make a cash transfer.
Awesome for Cash Senders
FEE FREE CASH TRANSFER
Powered by BLOCKCHAIN
Fusion of two markets
: No innovation was made for transferring cash to cash; unclear FX rates
1. Increase in market size
2. Higher profit margin, avg. 5%
3. Reduced cash trade time
Good for traders.......
*Zero transfer fee
Real time exchange rate
NO Bank account, NO credit card, NO Mobile wallet
$ 250+ Billion / Year
$ 70-100+ Billion
$ 12 M
$ 0.5 Billion
$ 250 M
Market spread is avg. 4% in each transaction for traders, where we can charge 1% when starting (with our MVP product) and 0% from cash senders
Cash market share
Trading Market share
$ 7.4 Million
$ 14 Million
Mobile wallets or bank-based system
2.5bn people do not have bank accounts, even more do not have access to smart phones, especially in developing countries
Started an anonymous P2P Bitcoin market place on 3rd April 2016
Traders network grew to 124 countries in 100 days, covering 1040 cities in 101 different currencies
More than 9000+ traders inside the system
More than USD 1.5+ million in cash exchanged for 2077 bitcoins
$ 26 Million
$ 1 Billion
$ 2.1 Billion
$ 47 Million
1. Cash sender enters send and receive amount details
2. Order matching: Seller and buyer will make their bid & compete for cash
Focused on what every trader wants
GIVE LESS, TAKE MORE
4. Safe and secure escrow
*The fee taken from the cash sender will be based on each corridor, approx 2-3% , but will be refunded as bonus to be used in the next transaction to keep customers with us and stay away from duplicate models in the future.
Cashaa Ltd registered as a UK company on 24th June 2016
Fee to Cash sender
Fee to Trader
Making cash transfer free for everyone