Zapit: The Ultimate Wallet For Bitcoin Cash Users
CashTokens Support, P2P Exchange, UPI Integration!
The rise of cryptocurrency demands quality services to cover the users’ demands.
Zapit is one of the long-standing wallet services focused exclusively on Bitcoin Cash, building infrastructure to support the peer-to-peer economy.
Bitcoin Cash is defined by the perfect combo of censorship-resistant transactions with instant speed and low fees.
The Bitcoin Cash ecosystem keeps expanding rapidly, generating modern non-custodial financial applications.
The blockchain upgrades now include enhanced smart contracts with Cashtokens.
CashTokens bring a series of economic activities on Bitcoin Cash, such as DeFi, tokenization, NFTs, prediction markets, and more.
We explore the abilities of Zapit and a few unique features this BCH wallet offers that differentiate it from the competition.
A wallet that allows spending Bitcoin Cash in more than 100 million locations in India!
Download Zapit!
We can download Zapit for Android or iOS and begin by creating a new address (or we can import our existing addresses by importing our keys).
The app will ask optionally for a phone number and an email.
*I used my email to receive transaction notifications from Zapit.
Setting up our Zapit wallet is super easy. The wallet provides a new Bitcoin Cash address, and we can start sending or accepting cryptocurrency immediately.
*Always securely store your seed phrase, as this is the key that grants us access to our Bitcoin Cash.
The modern and slick interface presents a top user experience.
Zapit Features:
CashTokens Support
Zapite recently enabled Cashtokens support (BCMR). We can import the keys of our CashTokens BCH address with our tokens and NFTs and use Zapit to receive or transfer CashTokens.
While it is still early to tell what effect will the CashTokens upgrade bring to Bitcoin Cash,
Instant Exchange (KYC mandatory)
Zapit has partnered with Instacrypto.in to allow purchasing and selling Bitcoin Cash on the integrated exchange. However, this process requires KYC.
P2P Exchange
Peer-to-Peer exchanges are always in demand for various reasons. Usually, they are also profitable for traders, and higher competition usually allows small profit margins.
The P2P Exchange on Zapit should present opportunities, especially since demand for Bitcoin Cash keeps rising.
Wallet Tools
Address Converter (converts addresses to legacy and back)
Cash Account (provides a readable account name)
Merge UTXOs (UTXO-consolidation service)
Another brilliant option but probably underutilized by the users of Zapit is the ability to transfer funds to other Zapit users by sharing the username or email we provided.
When sending funds, we can also add contacts using a Zapit username, Cash account, or a Bitcoin Cash address.
UPI Integration — Access to 100 Million Merchants!
UPI (Unified Payments Interface) is a tool developed by the Indian banking sector to make transactions easier and use a bank-connected app to perform transactions by scanning a QR code. This system is operating since 2016 and reaches more than 30 million daily transactions.
Zapit integrated the wallet app to UPI, enabling payment access to 40 million online and 60 million offline merchants in India, with instant conversion of Bitcoin Cash to INR.
Whether visiting or living in India, Zapit provides a service to spend Bitcoin Cash anywhere in the country.
Referral System
Zapit also comes with a referral system, distributing ZAPT tokens, although the referral program is on pause as the team plans to launch ZAPT on CashTokens.
Users that want to thank the person that referred them can insert their name in the referred-by area.
Referral Code: PanteraBCH
In Conclusion
Overall Zapit turns out as a perfect choice. We have a variety of Bitcoin Cash-dedicated wallets to choose, and everyone will find one that fitst heir needs.
Soon the P2P market at Zapit will offer vast opportunities.
With self-custody (non-custodial wallets and services), the users maintain control of their money. Zapit, in the spirit of Bitcoin Cash and Satoshi’s whitepaper, eliminates trust.
Most of the services developers are building on Bitcoin Cash support trustlessness, self-custody, and direct peer-to-peer transactions with no middle party in control of the funds.
Crypto maintained at an exchange or custodians is not our crypto.
Buy, withdraw, and use self-custody (non-custodial wallets) like Zapit.
Zapit links:
Community and Support:
Social Media:
Donations (BCH): tipb.ch/Pantera
Subscribe on my YouTube channel: @panteraCrypto
Platforms:
● YouTube ● read.cash ● noise.app ● Medium ● Hive ● Vocal ● Twitter
● LinkedIn ● Me.dm ● Cashrain
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that bitcoin wallet sounds amazing! I did have a problem converting the address on my current wallet app