eCash Self Reported Market Capitalization Tops $1.07 Billion (XEC)

eCash (XEC) traded 1.1% lower against the dollar during the one day period ending at 7:00 AM Eastern on April 23rd. In the last seven days, eCash has traded up 5.1% against the dollar. One eCash coin can currently be bought for about $0.0001 or 0.00000000 BTC on popular exchanges. eCash has a total market capitalization of $1.07 billion and approximately $26.08 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 up 0.3% against the dollar and now trades at $65,983.52 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.8% against the dollar and now trades at $506.45 or 0.00767468 BTC.
• Arweave (AR) traded 4.2% higher against the dollar and now trades at $34.42 or 0.00052153 BTC.
• Bitcoin SV (BSV) traded 0.1% lower against the dollar and now trades at $71.32 or 0.00108081 BTC.
• Syscoin (SYS) traded 4.3% lower against the dollar and now trades at $0.24 or 0.00000362 BTC.

About eCash

eCash (XEC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 1st, 2021. eCash’s total supply is 19,691,910,923,092 coins and its circulating supply is 19,691,923,423,092 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.”

Buying and Selling eCash

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

XEC/USD price chart by TradingView