eCash (XEC) Reaches Self Reported Market Cap of $574.60 Million

eCash (XEC) traded down 4.3% against the dollar during the 1 day period ending at 19:00 PM ET on August 7th. In the last week, eCash has traded down 21.6% against the dollar. One eCash coin can now be bought for $0.0000 or 0.00000000 BTC on exchanges. eCash has a market capitalization of $574.60 million and approximately $18.44 million worth of eCash was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $55,194.33 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 0.5% lower against the dollar and now trades at $314.70 or 0.00570173 BTC.
  • Arweave (AR) traded down 4.3% against the dollar and now trades at $19.69 or 0.00035665 BTC.
  • Bitcoin SV (BSV) traded 2.3% higher against the dollar and now trades at $38.24 or 0.00069278 BTC.
  • Syscoin (SYS) traded down 2.7% against the dollar and now trades at $0.0697 or 0.00000126 BTC.

eCash Profile

XEC 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 19,739,914,048,091 coins. eCash’s official Twitter account is @ecashofficial and its Facebook page is accessible here. The official website for eCash is e.cash. 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 currently possible to buy alternative cryptocurrencies such as eCash directly using U.S. dollars. Investors seeking to acquire eCash should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy eCash using one of the aforementioned exchanges.

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