eCash (XEC) Trading Down 12% This Week

eCash (XEC) traded 4.1% higher against the US dollar during the 1 day period ending at 14:00 PM ET on May 2nd. In the last seven days, eCash has traded 12% lower against the US dollar. eCash has a total market capitalization of $907.09 million and approximately $19.12 million worth of eCash was traded on exchanges in the last day. One eCash coin can currently be bought for $0.0000 or 0.00000000 BTC on major exchanges.

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

• Bitcoin (BTC) traded up 2.4% against the dollar and now trades at $59,008.47 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.8% higher against the dollar and now trades at $428.22 or 0.00725695 BTC.
• Arweave (AR) traded 17.7% higher against the dollar and now trades at $33.71 or 0.00057125 BTC.
• Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $59.20 or 0.00100326 BTC.
• Syscoin (SYS) traded up 4% against the dollar and now trades at $0.19 or 0.00000329 BTC.

eCash Profile

eCash (CRYPTO: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 19,696,445,298,092 coins and its circulating supply is 19,696,485,923,092 coins. 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. 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 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase eCash using one of the exchanges listed above.

XEC/USD price chart by TradingView