Scroll

Sandy

DeFi

Peng

Chad

<ul>
  
 <li>Ether.fi Cash offers 8% cashback and uses Scroll for faster, cheaper crypto-backed transactions with no gas fees.</li>   
 <li>Pre-order Ether.fi Cash by Sept. 20, 2024, to get 3% cashback on all purchases and $50 cashback on the first $1,000 spent.</li>   
 <li>Ether.fi Cash is a credit card, not a debit card, providing flexibility to spend anywhere VISA is accepted, plus DeFi rewards.</li> 
</ul>   
<p>Ether.fi has partnered with Scroll to launch Ether.fi Cash, a blockchain-based credit card. The collaboration aims to make Scroll the settlement layer for transactions, enabling faster and more efficient crypto-backed purchases. Early card users may be eligible for bonuses as much as 8% cashback.</p>   
<p>Pre-orderers who place their orders by September 20, 2024, will receive 3% cashback on all purchases in addition to an extra $50 incentive on the first $1,000 spent. Unlike pre-loaded debit cards, <a href="http://ether.fi" target="_blank" rel="noreferrer noopener nofollow">Ether.fi Cash</a> is a credit card that lets customers spend money anywhere VISA is accepted. Additionally, it integrates seamlessly with Apple Pay, expanding its use across digital platforms.</p>   
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   https://twitter.com/ether_fi/status/1833132921143906398 
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<h3 class="wp-block-heading" id="h-gasless-transactions-and-defi-integration"><strong>Gasless Transactions and DeFi Integration</strong></h3>   
<p>Moreover, the partnership with Scroll enhances transaction efficiency, providing gasless transactions through Scroll’s zero-knowledge rollup. This <a href="https://moralis.io/eth-layer-2-what-are-ethereum-layer-2-solutions/#:~:text=Put%20simply%2C%20ETH%20layer%2D2,lower%20fees%2C%20and%20other%20advantages." target="_blank" rel="noreferrer noopener nofollow">layer 2</a> Ethereum solution will reduce gas fees, making purchases cheaper for cardholders. Users can hold onto their crypto, using it as collateral while earning yield, which introduces an attractive DeFi element.</p>   
<p>However, the card will not be available in the United States due to the uncertain regulatory environment <a href="https://cryptonewsland.com/ethereum-foundation-ama-justin-drake-shares/" target="_blank" rel="noreferrer noopener sponsored nofollow">surrounding decentralized finance</a> (DeFi). Instead, it will launch in regions like the UK, Hong Kong, Turkey, Brazil, and several European countries, including France and Germany.</p>   
<h3 class="wp-block-heading" id="h-exclusive-perks-for-chad-and-whale-cardholders"><strong>Exclusive Perks for Chad and Whale Cardholders</strong></h3>   
<p>Furthermore, Ether.fi Cash promises exclusive perks for Chad and Whale cardholders, including conference passes for Token2049 in Singapore. As Scroll’s co-founder Sandy Peng explains, “It’s genuinely a better credit card product,” appealing to both crypto enthusiasts and traditional users.</p>   
<p>While crypto-backed credit cards have been attempted before, Ether.fi Cash might finally bridge the gap between <a href="https://cryptonewsland.com/zurich-cantonal-bank-joins-the-crypto-revolution-with-new-bitcoin-offerings/" target="_blank" rel="noreferrer noopener sponsored nofollow">crypto and mainstream finance</a>. With no complicated restrictions, it offers unmatched rewards for both crypto and non-crypto users. Ether.fi and Scroll hope this collaboration will push the card into the global financial mainstream, providing significant value through blockchain technology.</p> 
<p>The post <a href="https://cryptonewsland.com/ether-fi-partners-with-scroll-introducing-8-cashback-blockchain-credit-card/">Ether.fi Partners with Scroll: Introducing 8% Cashback Blockchain Credit Card</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Ether.fi Partners with Scroll: Introducing 8% Cashback Blockchain Credit Card

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