eCash (XEC) Achieves Self Reported Market Cap of $606.04 Million

eCash (XEC) traded 4.8% higher against the U.S. dollar during the twenty-four hour period ending at 17:00 PM Eastern on September 8th. One eCash coin can currently be purchased for about $0.0000 or 0.00000000 BTC on exchanges. During the last week, eCash has traded 2.4% higher against the U.S. dollar. eCash has a total market capitalization of $606.04 million and $15.62 million worth of eCash was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0.7% against the dollar and now trades at $54,445.92 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.6% higher against the dollar and now trades at $303.49 or 0.00557410 BTC.
• Arweave (AR) traded up 1.6% against the dollar and now trades at $20.15 or 0.00037006 BTC.
• Bitcoin SV (BSV) traded up 0.1% against the dollar and now trades at $44.25 or 0.00081271 BTC.
• Syscoin (SYS) traded up 1.6% against the dollar and now trades at $0.10 or 0.00000192 BTC.

eCash Coin 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 19,754,314,048,090 coins and its circulating supply is 19,754,307,798,090 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 currently possible to buy alternative cryptocurrencies such as eCash directly using US dollars. Investors seeking to acquire eCash should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy eCash using one of the aforementioned exchanges.

XEC/USD price chart by TradingView