eCash Trading Down 9.6% This Week (XEC)

eCash (XEC) traded 2.6% lower against the US dollar during the one day period ending at 8:00 AM E.T. on January 25th. During the last week, eCash has traded 9.6% lower against the US dollar. eCash has a market cap of $652.50 million and approximately $32.97 million worth of eCash was traded on exchanges in the last day. One eCash coin can currently be purchased for about $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $104,814.31 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.6% against the dollar and now trades at $437.92 or 0.00417801 BTC.
• Bitcoin SV (BSV) traded 0.5% lower against the dollar and now trades at $52.02 or 0.00049633 BTC.
• Arweave (AR) traded 2.7% lower against the dollar and now trades at $14.64 or 0.00013964 BTC.
• Syscoin (SYS) traded 3.9% lower against the dollar and now trades at $0.0935 or 0.00000089 BTC.

About eCash

eCash (XEC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 1st, 2021. eCash’s total supply is 19,816,123,422,584 coins and its circulating supply is 19,816,110,922,584 coins. eCash’s official website is e.cash. 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.

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 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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase eCash using one of the aforementioned exchanges.

XEC/USD price chart by TradingView