eCash Tops 24-Hour Trading Volume of $17.49 Million (XEC)

eCash (XEC) traded 1% lower against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on August 7th. eCash has a total market cap of $599.66 million and approximately $17.49 million worth of eCash was traded on exchanges in the last day. One eCash coin can now be bought for approximately $0.0000 or 0.00000000 BTC on exchanges. In the last week, eCash has traded 19.9% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 1.9% against the dollar and now trades at $56,274.07 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.1% against the dollar and now trades at $315.46 or 0.00560575 BTC.
• Arweave (AR) traded 5.3% lower against the dollar and now trades at $20.11 or 0.00035733 BTC.
• Bitcoin SV (BSV) traded up 3.1% against the dollar and now trades at $39.10 or 0.00069486 BTC.
• Syscoin (SYS) traded 1.9% lower against the dollar and now trades at $0.0697 or 0.00000124 BTC.

About eCash

eCash (XEC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 1st, 2021. eCash’s total supply is 19,739,729,673,091 coins and its circulating supply is 19,739,732,798,091 coins. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible here. The Reddit community for eCash is https://reddit.com/r/ecash and the currency’s Github account can be viewed here. The official website for eCash is e.cash.

According to CryptoCompare, “eCash (XEC) aims to deliver scaling solutions and introduce features like staking and subchains while maintaining the core technology of Bitcoin. XEC tokens are used for minting custom tokens, paying transaction fees, and participating in governance. eCash has protocol upgrades twice a year, and it was rebranded from Bitcoin Cash ABC to eCash in July 2021.”

eCash Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to acquire eCash should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy eCash using one of the exchanges listed above.

XEC/USD price chart by TradingView