Etherecash – Combining the Crypto and Fiat Currencies

in #news6 years ago

What is Etherecash?

The cryptocurrencies have badly damaged the reputation of Fiat currencies due to which a continuous war has started between both the currencies. The importance of cryptocurrencies is continuously growing and it is not a good sign for the Fiat currency. However, the Fiat currency holders are also playing their role and they are also trying their best to prove that the crypto world is just a scam and it has no value at all.

This continuous war isn’t going to stop unless a deciding factor appears to end the war. So, the Etherecash has stepped forward to take the risk. The Etherecash is offering a peer to peer lending platform where they are trying to build a strong connection between fiat currencies and the cryptocurrency in a unique way. Etherecash enables you to transfer your money all around the world.

What are different features of Etherecash?

You can now easily convert crypto into fiat currency in the matter of a few seconds with the help of their Debit card. You can use their debit card at all ATMs around the world to withdraw your money. You can also use their debit card for shopping whether online or in-stores.

Etherecash uses the lawyer backed Smart Contract technology to improve the security, transparency, and reliability. Thus, they are focused on providing crypto backed peer to peer loans.

Why choose Etherecash?

The Etherecash is unique because it provides legal safety to the borrower and lender by using the lawyer backed smart contracts. The most remarkable thing about this platform is that it provides you the facility to take out loans against cryptos. So, you won’t have to liquidate your cryptos when taking out loans.

Thus, you can easily maximize the potential of your assets. The Etherecash is going to change the way we use cryptos as it provides you multiple options to spend your cryptos. You can use their debit card to buy things online or in-stores. And you can also withdraw cash from ATMs any time you want.

You can purchase the Etherecash tokens with BTC or ETH. They are going to start distributing the tokens after the completion of ICO. They’d most probably issue the tokens in an ERC20 Ethereum compatible wallet. So, if this concept appears to be interesting, then you must become a part of their journey towards success.

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