Cashpay wallet added a new feature called ‘Spend and Replace’

Verified
5 months ago
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According to news.Bitcoin.com, Cashpay – a BCH wallet application – added a few new characteristics, such as ability to donate to charitable foundations with BCH. Besides, the app allows to buy anything online with bitcoin cash. The most recently added function is ‘Spend and Replace’, which allows users to replace the BCH they spend.

The principle of operation is as follows: users connect their Coinbase account to Cashpay and turn on ‘Spend and Replace’. When they spend BCH, the exact same amount of it (except Coinbase fees) will be bought on their Coinbase account via the fiat available in it.

For those who have ‘Spend and Replace’ turned on, but don’t have any fiat, Coinbase is going to choose the next possible funding method like a bank account.