eCash (XEC) Reaches Self Reported Market Capitalization of $612.80 Million

eCash (XEC) traded 0.4% lower against the dollar during the one day period ending at 15:00 PM E.T. on August 19th. eCash has a total market cap of $612.80 million and approximately $9.12 million worth of eCash was traded on exchanges in the last day. Over the last week, eCash has traded up 0.9% against the dollar. One eCash coin can currently be purchased for $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $59,091.44 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 0.7% against the dollar and now trades at $336.09 or 0.00568760 BTC.
• Arweave (AR) traded 0.7% lower against the dollar and now trades at $20.98 or 0.00035500 BTC.
• Bitcoin SV (BSV) traded down 2% against the dollar and now trades at $42.11 or 0.00071254 BTC.
• Syscoin (SYS) traded up 52.8% against the dollar and now trades at $0.16 or 0.00000269 BTC.

About eCash

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 19,745,142,173,091 coins. eCash’s official website 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 presently possible to purchase alternative cryptocurrencies such as eCash directly using US dollars. Investors seeking to trade eCash should first purchase Ethereum or Bitcoin using an exchange that deals in US 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