eCash Price Tops $0.0000 on Exchanges (XEC)

eCash (XEC) traded down 1.6% against the U.S. dollar during the 24-hour period ending at 13:00 PM E.T. on September 3rd. One eCash coin can now be purchased for $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges. In the last seven days, eCash has traded down 8.8% against the U.S. dollar. eCash has a market cap of $587.81 million and approximately $6.38 million worth of eCash was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $57,710.10 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.7% against the dollar and now trades at $311.53 or 0.00539825 BTC.
• Arweave (AR) traded 3% lower against the dollar and now trades at $20.66 or 0.00035807 BTC.
• Bitcoin SV (BSV) traded up 4.6% against the dollar and now trades at $43.65 or 0.00075641 BTC.
• Syscoin (SYS) traded 3.2% lower against the dollar and now trades at $0.10 or 0.00000174 BTC.

eCash Profile

eCash (XEC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 1st, 2021. eCash’s total supply is 19,751,860,923,090 coins and its circulating supply is 19,751,857,798,090 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.”

Buying and Selling eCash

It is usually not 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 GDAX, 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