eCash (XEC) Trading Up 13.7% This Week

eCash (XEC) traded up 5.5% against the dollar during the 1 day period ending at 11:00 AM ET on July 29th. eCash has a total market capitalization of $793.82 million and approximately $67.41 million worth of eCash was traded on exchanges in the last 24 hours. In the last seven days, eCash has traded 13.7% higher against the dollar. One eCash coin can now be purchased for about $0.0000 or 0.00000000 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $67,819.38 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 12.8% against the dollar and now trades at $448.36 or 0.00659993 BTC.
• Arweave (AR) traded up 3.6% against the dollar and now trades at $31.60 or 0.00046509 BTC.
• Bitcoin SV (BSV) traded up 17.4% against the dollar and now trades at $52.57 or 0.00077376 BTC.
• Syscoin (SYS) traded 3% higher against the dollar and now trades at $0.11 or 0.00000156 BTC.

About 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 19,735,670,298,091 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 Twitter account is @ecashofficial and its Facebook page is accessible here. eCash’s official website 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 currently 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, Changelly or GDAX. 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