eCash Price Hits $0.0001 on Major Exchanges (XEC)

eCash (XEC) traded 8.8% lower against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on April 25th. One eCash coin can currently be bought for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. eCash has a market capitalization of $994.24 million and approximately $23.23 million worth of eCash was traded on exchanges in the last day. Over the last week, eCash has traded down 0% against the dollar.

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

• Bitcoin (BTC) traded 4% lower against the dollar and now trades at $63,878.40 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 6.1% against the dollar and now trades at $475.38 or 0.00744385 BTC.
• Arweave (AR) traded down 3.2% against the dollar and now trades at $32.77 or 0.00051320 BTC.
• Bitcoin SV (BSV) traded down 8.4% against the dollar and now trades at $66.20 or 0.00103665 BTC.
• Syscoin (SYS) traded 3.5% lower against the dollar and now trades at $0.23 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 19,693,073,423,092 coins and its circulating supply is 19,693,104,673,092 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. eCash’s official website 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 possible to buy alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to trade eCash should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini 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