Bitcoin Cash with Spend and Replace Features
Bitcoin Cash has a wallet feature called Cashpay. The Wallet released in June provided services for every user to shop online using BCH. This week, as bitcoinnews added, the BCH development team added a new feature called "Spend and Replace" as a wallet function that traded BCH with BCH's purchase order from Coinbase each time Cryptocurrency was spent During the first week of June, the new bitcoin cash wallet app called Cashpay began widely widely heard. The mobile apps available for Android and iOS are launched by the Cryptonize.it team. Cashpay has some features that other crypto clients can not provide such as the ability to donate to a specific charity destination with bitcoin money. Furthermore, wallet allows users to purchase any item online through any merchant using BCH. Now wallet adds features for users to replace the BCH they spend with a new feature called "Spend and Replace."
users to redeem the Bitcoin Cash they spend, "explained the Cashpay development team
works as follows: You connect your Coinbase account with Cashpay and enable Spend and Replace in the wallet you want to use. Every time you spend the amount of X Bitcoin Cash, the same amount of Bitcoin Cash (minus Coinbase costs) will be purchased on your Coinbase account using the fiat available in your account.
The "Spend and Replace" protocol is the first of its kind that allows bitcoin cash users to do what the users expect, spending BCH. Bitcoin money supporters in the forum warmly welcomed the idea of a wallet that allows people to spend their BCH on a Starbucks coffee cup and replace the cryptocurrency spent with Coinbase purchases. The Cashpay development team has also published a video guide that shows how to use shopping and replace features.
Cashpay also explained that for users who have already enabled the Spend and Replace feature but no fiat, Coinbase will select the next available funding methods such as debit cards or bank accounts. The Coinbase fee will also apply so you will get a BCH that is less than your funds spend.