AscendEX is excited to announce the listing of the Fuse token (KASTA)! Trading will begin under the trading pair (KASTA/USDT) starting on Mar 10th at 2 p.m. UTC.
Kasta is a mobile-first cryptocurrency payments platform. Kata was developed to drive mass adoption and growth of the crypto-based economy. By becoming a significant player in the cryptocurrency payment sector, they intend to facilitate crypto payments for everyone. Kasta co-founder Carl Runefelt explains, “We’re in a transitional period going from a fiat-based economy to a crypto-based economy. Kasta will play a big role in this transition by becoming the new Venmo of the crypto economy on a global scale.”
Kasta’s system was developed using a hybrid approach that combines a modular architecture with a best-in-class design that has proven fast, cheap, and secure. The fiat onramp of their service is compatible with all leading onramps in the crypto space, allowing them to find the best fee offers and KYC requirements for their customers quickly. They offer a range of fiat offramp services, including bank transfers, debit cash out, crypto debit cards, and swap engines. They have chosen BitGo to provide their wallet, which offers a certified security infrastructure that leverages cold storage wallets and is protected by multi-signature security protocols.
The KASTA token has a wide variety of applications and benefits. Users can buy or sell KASTA like any other cryptocurrency. In order for Kasta to grow and realize its mission of steering the world towards mainstream adoption of cryptocurrency, the KASTA token will be a crucial element. Not only will users be able to utilize KASTA as a method of payment, but by investing in KASTA, they’ll get reduced exchange fees, improved yield rates, and additional benefits like cashback and cryptocurrency debit cards.
When users stake KASTA, they’ll be able to customize their own debit card design. Users can stake with their friends to create a staking pool and earn larger rewards together. When staking KASTA, users will be able to participate in governance and vote for new brands to integrate onto the platform.
About AscendEX
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.