eCash Trading 18.1% Lower Over Last 7 Days (XEC)

eCash (XEC) traded down 8.5% against the dollar during the one day period ending at 22:00 PM E.T. on April 30th. During the last seven days, eCash has traded 18.1% lower against the dollar. One eCash coin can now be purchased for $0.0000 or 0.00000000 BTC on major exchanges. eCash has a total market capitalization of $883.80 million and approximately $21.39 million worth of eCash was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 6% against the dollar and now trades at $59,652.67 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 8% lower against the dollar and now trades at $423.80 or 0.00710447 BTC.
• Arweave (AR) traded down 15.9% against the dollar and now trades at $30.05 or 0.00050378 BTC.
• Bitcoin SV (BSV) traded 10.1% lower against the dollar and now trades at $58.58 or 0.00098205 BTC.
• Syscoin (SYS) traded 9.2% lower against the dollar and now trades at $0.19 or 0.00000324 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 19,695,679,673,092 coins. 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. 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.”

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

XEC/USD price chart by TradingView