eCash Price Hits $0.0000 on Exchanges (XEC)

eCash (XEC) traded down 6.2% against the US dollar during the 1-day period ending at 12:00 PM Eastern on August 30th. One eCash coin can now be bought for $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges. During the last seven days, eCash has traded 13.8% lower against the US dollar. eCash has a market capitalization of $593.45 million and approximately $6.95 million worth of eCash was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 4% lower against the dollar and now trades at $58,088.85 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.6% lower against the dollar and now trades at $317.06 or 0.00545818 BTC.
• Arweave (AR) traded 9.8% lower against the dollar and now trades at $20.98 or 0.00036119 BTC.
• Bitcoin SV (BSV) traded down 4.4% against the dollar and now trades at $41.74 or 0.00071849 BTC.
• Syscoin (SYS) traded down 11.8% against the dollar and now trades at $0.11 or 0.00000182 BTC.

About eCash

eCash 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 19,750,042,173,091 coins. The official website for eCash is e.cash. 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.

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 currently possible to purchase alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to trade eCash should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase eCash using one of the aforementioned exchanges.

XEC/USD price chart by TradingView