Ethereum is the second most popular cryptocurrency, with around 188.4 million total holders in February 2022, as per Etherscan.io. In fact, the number of merchants and companies who accept Ethereum for payments is growing as well.
The good news is that when you sign up on Ka.app, you can easily send Ethereum (ETH) to other users. To learn how to send ETH as payment, keep reading as we’ve laid out a step-by-step guide for you below.
What is Ka.app?
Before anything else, Ka.app is a revolutionary crypto payment app that allows you to quickly send crypto and receive them in your preferred currency in just a few clicks. You can conduct cross-border transactions without thinking about high transaction fees, long wallet addresses, network types, or memo IDs.
The first version of the app accepts only four of the most widely used cryptocurrencies. But the second version of the app, which will also accept fiat currencies like the Euro and US Dollar, is already in the works.
Who Can Sign Up for a Ka.app Account?
At the moment, only users who are at least 18 years old can successfully sign up for a Ka.app account. The user must also pass the Know Your Customer (KYC) checks, which are a required legal process that aims to prevent fraud, corruption, money laundering, and terrorist financing.
An Easy Guide on How to Send Someone Ethereum
Here’s the detailed process of sending ETH to another Ka.app user. You’re welcome!
- Download Ka.app from the App Store or Play Store.
- Open Ka.app and sign up using your name, home address, email address, and mobile number.
- Set up your pin code.
- Finish two levels of KYC verifications by providing a valid ID and proof of residency to start using the app.
2. Add ETH to your account.
- Log in to your Ka.app account.
- Enter the verification code that we would send to your mobile number.
- When you’re already on the dashboard, click the “Add Funds” button.
- Proceed with “Deposit from a wallet.”
- Choose “Ethereum.”
- Copy your Ka.app wallet address to receive ETH from an external wallet.
- Withdraw ETH from your external wallet by pasting your Ka.app wallet address.
- If you don’t have an external wallet, you can buy ETH using a credit or debit card by clicking the“Add Funds” button, and then “Buy with Card.” Input your details and proceed.
3. Send ETH to another user.
- Go to the dashboard and click the “Send” button.
- Scan the Ka.app QR code of the recipient or enter the phone number they used to sign up in Ka.app.
- Choose “Ethereum” and enter the amount want to send. Be sure to double-check the details before proceeding to the next step.
- Enter your pin code to confirm.
- If the transaction was successful, your receipt would appear on the screen.
Are the Crypto Transfer Fees Expensive?
Not at all! The exciting news is that with Ka.app, you can quickly send ETH to another user in the EU for free if they receive the payment in ETH as well.
The app has an Easy Swap Engine feature that allows recipients to receive payments in their preferred currency. Therefore, if you send them ETH, they can receive it in Bitcoin (BTC), Tether (USDT), or KASTA with minimal conversion fees, depending on the amount and type of token you send. The app charges fees in the source currency, which means if you send ETH and they receive it in BTC, the fee will be charged in ETH.
How to Transfer Ethereum Between Wallets
It only takes a few seconds to transfer ETH to and from Ka.app. We’ve already discussed how to deposit ETH into Ka.app above, so this time, we’ll flesh out how you can transfer ETH into an external wallet.
- Go to your external wallet, click Ethereum, and choose “Deposit.” Copy the wallet address.”
- Go to Ka.app’s home screen, scroll down to see “Assets,” and click “Ethereum.”
- Click “Withdraw.”
- Paste the wallet address from your external wallet.
- Enter the amount you want to withdraw, and then proceed.
- Enter your pin code to confirm.
- If the transaction was successful, your receipt would appear on the screen.
Which Cryptocurrencies Do You Accept on the App?
Aside from ETH, as of writing, Ka.app also accepts BTC, USDT, USDC, MATIC, DOT, BNB, BUSD, ADA, and KASTA. Users from the European Economic Area (EEA) can also send euro payments.
In case you’re wondering what is KASTA crypto or what is the KASTA token, it’s the official cryptocurrency of Ka.app. You can get discounts when you use it to pay for conversion fees using the app. Just like ETH and BTC, you can also pay in KASTA when shopping, dining, travelling, availing services, and others.
Do You Have a Transaction History in Ka.app?
Yes. The transaction history, which contains the details of the assets you sent, received, deposited, withdrawn, and swapped as well as the rewards, is at the lower rightmost icon of the home screen.
Is it Safe to Use Ka.app?
Yes. Ka.app prioritises the security of its users. We verify sign ups and log ins using a verification code, and users cannot successfully finish a transaction without entering their PIN code.
In addition, the company conducts thorough KYC processes and adheres to anti-money laundering (AML) guidelines to protect users against money laundering, fraud, and other illegal activities.
I Have Concerns. Where Can I Seek Help?
Ka.app has live chat support. Please go to the live chat for questions or concerns.