eCash Price Up 6.9% This Week (XEC)

eCash (XEC) traded 8.4% higher against the dollar during the 1-day period ending at 20:00 PM E.T. on August 20th. eCash has a total market cap of $670.40 million and $24.69 million worth of eCash was traded on exchanges in the last 24 hours. One eCash coin can now be bought for about $0.0000 or 0.00000000 BTC on cryptocurrency exchanges. In the last seven days, eCash has traded up 6.9% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 0.3% against the dollar and now trades at $59,218.92 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.6% against the dollar and now trades at $335.88 or 0.00567870 BTC.
• Arweave (AR) traded up 10.4% against the dollar and now trades at $23.62 or 0.00039931 BTC.
• Bitcoin SV (BSV) traded up 2.2% against the dollar and now trades at $43.14 or 0.00072936 BTC.
• Syscoin (SYS) traded down 9% against the dollar and now trades at $0.15 or 0.00000249 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 19,745,742,173,091 coins and its circulating supply is 19,745,720,298,091 coins. The Reddit community for eCash is https://reddit.com/r/ecash and the currency’s Github account can be viewed here. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible 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 purchase alternative cryptocurrencies such as eCash directly using US dollars. Investors seeking to trade eCash should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly 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