Cashila, a bitcoin payment and bitcoin-to- euro conversion service, has partnered with Bitnik Reload, a Slovenian bitcoin service that automatically repurchases spent bitcoin from exchanges. The partnership will allow people to live truly on bitcoin, according to Jani Valjavec, co-founder of Cashila.
The partnership allows users to pay quickly and easily while repurchasing bitcoin from a variety of exchanges, Valjavec noted in a Cashila blog . Cashila’s Unique Service
Cashila allows bitcoin users to convert bitcoins to euros and vice versa. Users can make payments to bank accounts directly. It serves as a EUR wallet that allows users to transfer fiat , receive third party fiat or bitcoin deposits, keep funds in the wallet or convert them to bitcoin.
Reload is a service that binds a bitcoin wallet to a bitcoin exchange account. As soon as a user spends bitcoins from their wallet, Reload uses their exchange account to instantly repurchase the same amount of bitcoins. To use Reload, a user has to provide their bitcoin wallet public address and API credentials provided by their bitcoin exchange Why The Partnership?
Cashila was built to give users the ability to convert bitcoins to euros quickly.
To promote more bitcoin adoption for regular payments, users need to use bitcoin as much as possible. The Bitnik Reload partnership is part of that mission. Reload automatically repurchases all the bitcoin a user spends from their exchange. Cashila customers can use their default bitcoin address to make payments and transfers. They can use it to purchase goods, pay bills, send cash or make cross-border payments. Reload monitors users’ public bitcoin addresses, and when it notices a transfer, it automatically repurchases the bitcoins so the user never runs out of bitcoin. In our opinion, we have to support bitcoin’s day-to-day usage, since it is the only way […]
