eCash (XEC) Achieves Self Reported Market Capitalization of $564.06 Million

eCash (XEC) traded 2.8% lower against the dollar during the 1 day period ending at 19:00 PM ET on September 6th. One eCash coin can currently be bought for about $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges. In the last week, eCash has traded 7.8% lower against the dollar. eCash has a market capitalization of $564.06 million and $7.38 million worth of eCash was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 4.5% lower against the dollar and now trades at $53,663.37 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4% lower against the dollar and now trades at $294.01 or 0.00547783 BTC.
• Arweave (AR) traded 4% lower against the dollar and now trades at $20.17 or 0.00037576 BTC.
• Bitcoin SV (BSV) traded down 2.5% against the dollar and now trades at $44.21 or 0.00082370 BTC.
• Syscoin (SYS) traded down 5.2% against the dollar and now trades at $0.0976 or 0.00000182 BTC.

About eCash

eCash (XEC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 1st, 2021. eCash’s total supply is 19,753,351,548,090 coins and its circulating supply is 19,753,323,423,090 coins. 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. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible here.

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.”

Buying and Selling eCash

It is usually not currently possible to purchase alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to acquire eCash should first purchase 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 purchase eCash using one of the exchanges listed above.

XEC/USD price chart by TradingView