Cashila, a bitcoin-euro money transfer and exchange platform, offers a fee-free option for users of Mycelium digital bitcoin wallets.
The company says customers will get zero fee for the first 1000 euro they transfer through Mycelium’s digital wallet. Normally, Cashila charges 1% fee for all incoming bitcoin or fiat money remittances.
Another novelty announced by Cashila is that from now on wallet owners will be able to log into Cashila’s program directly from Mycelium’s app, which would make collaboration between the company and the digital wallet provider more efficient and the service more intuitive for the user.
The service is partly anonymous. In case a user stays within the limit of 1000 Euro transfer per year, it doesn’t require uploading any ID.
Cashila is a money transfer and exchange platform operating with SEPA system. It allows people from around the world to make transactions with bank accounts situated within the euro zone, whereas it doesn’t require the clients themselves to have a bank account. As the company claims, it offers a good choice for freelancers, migrant workers and bitcoin enthusiasts. Cashila provides quick payments and money transfers with low transaction fees and the possibility to exchange euro to bitcoin and vice versa.
Mycelium describes itself as a “full ecosystem of next generation payment technologies.” Its bitcoin wallet won the “Best Mobile App” award by Blockchain.info in 2014 and has been declared “#1 choice” by Cashila.
Andrew Levich