eCash (XEC) Self Reported Market Cap Reaches $627.52 Million

eCash (XEC) traded 1.5% higher against the dollar during the 24 hour period ending at 15:00 PM Eastern on November 5th. One eCash coin can now be bought for approximately $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges. eCash has a total market cap of $627.52 million and $6.31 million worth of eCash was traded on exchanges in the last day. During the last seven days, eCash has traded 11.2% lower against the dollar.

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

• Bitcoin (BTC) traded up 3% against the dollar and now trades at $69,225.61 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $338.24 or 0.00488612 BTC.
• Bitcoin SV (BSV) traded 3% higher against the dollar and now trades at $46.79 or 0.00067587 BTC.
• Arweave (AR) traded 2.8% higher against the dollar and now trades at $13.57 or 0.00019606 BTC.
• Syscoin (SYS) traded up 3.5% against the dollar and now trades at $0.0876 or 0.00000127 BTC.

eCash Coin Profile

eCash 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 19,780,239,047,584 coins and its circulating supply is 19,780,220,297,584 coins. eCash’s official website 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.”

Buying and Selling eCash

It is usually not presently 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, Gemini 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