Introducing Cash Tech — The First Multichain All-In-One DeFi App

Cash.Tech
2 min readFeb 23, 2021

--

One application to store, spend, stake, exchange, and loan cryptocurrency assets

The value of cryptocurrency assets has been rapidly rising. Since the start of Q4 2020, the entire market capitalization of the cryptocurrency market has risen from under $400 billion to a recent high of almost $1.8 trillion.

However, the vast majority of this value remains vastly underutilized. Roughly $150 billion is confined to exchanges, and that’s only accounting for Bitcoin, Ethereum, and USDT. Much of the remainder is believed to sit idle in self-hosted wallets, where it is rarely used. Over 56% of the BTC in circulation has not been transferred for at least one year.

One of the primary friction points preventing cryptocurrency assets from being widely used is the immensely complicated process to use these assets in versatile ways. Even transferring from an exchange to a wallet is a big step that many fail to take. What wallet to use? What are the security implications? What does the wallet enable me to do? All these questions can easily deter a user from taking control of their cryptocurrencies. Add the complexity of trying to spend the cryptocurrency from your wallet with merchants and it becomes even more complicated.

Cash Tech is changing this. Cash Tech removes the complication with storing and using cryptocurrency by providing a single app where everything can be easily accessed. Multichain and multifunctional, Cash Tech allows users to access all of the possibilities of cryptocurrencies.

Cash Tech is singedly focused on making the use of cryptocurrencies as straightforward and intuitive as possible. The Cash Tech app can be downloaded on either desktop or mobile. Within the app, users can easily store and spend their cryptocurrencies. Cash Tech supports multiple blockchains, making it easy for users to manage a wide range of assets.

With a vast merchant network connected to the Cash Tech app, spending cryptocurrencies has never been this straightforward. If a user needs to trade between cryptocurrencies, currency conversion is as easy as choosing your currency pair. Staking and lending can also be carried out with a wide variety of supported assets. Cash Tech brings all of the possibilities of cryptocurrency assets together within one application. Cash Tech is DeFi as it should be.

--

--

Cash.Tech
Cash.Tech

Written by Cash.Tech

Cash Tech is DeFi as it’s meant to be. Digital currency conversion, payments, staking, and lending. All within one app. https://t.me/cashtechchat

No responses yet