eCash Trading 29% Lower Over Last Week (XEC)

eCash (XEC) traded down 2.2% against the U.S. dollar during the 1 day period ending at 14:00 PM E.T. on April 16th. eCash has a market cap of $1.03 billion and approximately $37.28 million worth of eCash was traded on exchanges in the last day. One eCash coin can now be purchased for about $0.0001 or 0.00000000 BTC on exchanges. In the last seven days, eCash has traded down 29% against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $62,803.19 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 4.3% against the dollar and now trades at $485.98 or 0.00773819 BTC.
• Arweave (AR) traded 7.5% lower against the dollar and now trades at $24.44 or 0.00038915 BTC.
• Bitcoin SV (BSV) traded 0.2% higher against the dollar and now trades at $66.89 or 0.00106514 BTC.
• Syscoin (SYS) traded up 2.9% against the dollar and now trades at $0.22 or 0.00000356 BTC.

eCash Profile

eCash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 1st, 2021. eCash’s total supply is 19,688,464,048,092 coins and its circulating supply is 19,688,510,923,092 coins. 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. The official website for eCash is e.cash.

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 buy alternative cryptocurrencies such as eCash directly using US dollars. Investors seeking to trade eCash should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase 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