QRYPTOS Voted Etherecash as “COIN of the Week”
It is not every day you get the chance to witness the arrival of a cryptocurrency like Etherecash (ECH). Etherecash is a three-prong financial platform enabling peer-to-peer lending, global money transfer, and a crypto debit card, which allows its users to maximize the potential of their assets and leverage cryptocurrency to secure fiat loans. The platform uses lawyer-backed smart contracts and blockchain technology to offer full transparency and security for its users.
The Estonian-based start-up aims to build a decentralized financial ecosystem worldwide to diminish the distance between those with access to finance and those without. Etherecash promises to remove borders, mediators, and prejudices with a fast and safe access to bank services to everyone.
Etherecash recently made it to the headlines.
From getting listed on big exchanges to earn titles like “Coin of the Week” from QRYPTOS, ECH is continuously moving in the set directions. For the starters, it got listed on QRYPTOS exchange in the first week of February 2018. Soon after, ECH made it to Ethxpay, the first multi-coin exchange in India.
Most recently, on 28th February 2018, Etherecash came up with the news of its listing on OpenLedger; one of the most sought after exchange marketplaces. World’s most advanced and secure online exchange, OpenLedger allows its users to invest, trade and manage their portfolios in the $100B cryptocurrency markets.
During these listing, Etherecash made it to CoinMarketCap (CMC), one of the most useful sites for getting an overview of the cryptocurrency market. This news is well-received by ECH token holders as CMC is widely used by the people to get the exact information and status of any cryptocurrency before showing interest in that entity.
Let’s see how these platforms and recognitions help Etherecash to make big in the future!
Crypto-lending ICO Etherecash recorded contributions of over 40 Million USD and over 46000 new contributors. The Etherecash token sale started on October 25, 2017, and went on until December 12, 2017. Owing to the increased interest in the platform, the ICO ended five days before the pre-decided date. ECH started distributing its token in different phases and the first round started on January 6, 2018. That’s not all, after two successful rounds of token distribution, the third round of ECH token distribution is on its way.
Talking about all these milestones, the CEO of Etherecash, Mr. Jacky Thanh says that these events are a great learning for him and his team and, he considers these milestones as a golden opportunity for further development. With having 20+ years experience in the US Stock Trading market and finance, Mr. Thanh believes that Etherecash is getting immensely popular because it’s
“Creating a decentralized financial ecosystem that regains trust in financial services and provides a future-proof solution for the next generation in banking.”
Keeping their CEO’s vision in mind, the entire team of Etherecash is dedicatedly working to improve the three core functions of finance i.e. lend, send and spend.
“Etherecash is a blockchain-based platform, designed to revolutionize three core functions of finance; to Lend, Send and Spend. By integrating blockchain and smart contract technology, we can create better transparency and greatly enhance customer experience.”
Etherecash is in the process of building a solution that could potentially address the needs of about 2 billion people who are currently unbanked. It also aims to be helpful for individuals, small and medium enterprises, companies, students and other projects. During this year, Etherecash will be completing the platform development and open it for alpha and beta testing. Followed by the release of lending and money transfer platform, it will also introduce mobile apps for loan repayment and money transfer by 2019. Etherecash also plans to test and eventually launch crypto debit cards which are based on blockchain technology, to help you store your cryptos, or spend them online and in-store.
Seems Etherecash is very-well living up to the expectations of its users. Hope this “Coin of the Week” soon turns out to be “Coin of the Decade”.
