- What is eCash (xec) and what is its main use case?
- eCash (xec) is a cryptocurrency designed to enable fast, low-cost digital cash transactions. Its core goal is to serve as a vehicle for everyday payments, making it practical for tipping, remittances, and merchant purchases. With a fixed and capped maximum supply, eCash emphasizes scarcity and long-term value potential. Users can transfer funds directly on the blockchain, typically with low transaction fees and quick confirmation times, depending on network conditions. For new users, start by selecting a wallet that supports eCash, obtain xec from an exchange or peer, and then you can send or receive payments, track balances, and monitor transaction history.
- How many eCash coins are in circulation and what is the total supply?
- According to the latest data, approximately 19,977,545,297,580 xec are in circulating supply, with a maximum supply capped at 21,000,000,000,000 xec. This large max supply indicates a plan for broad distribution over time, but it also means each individual coin may have a relatively low price. As with many cryptocurrencies, the circulating supply can change as new coins are mined or distributed, so it’s wise to verify the latest figures on a trusted market data site before making strategic decisions.
- What is the current price and recent price trend for eCash?
- The current price of eCash is approximately 0.00001064 USD per xec. In the last 24 hours, the price changed by about -0.00000002 USD, representing a decline of roughly 1.85%. Price movements can be influenced by market demand, mining activity, or broader crypto market trends. For traders, short-term moves can be volatile; consider monitoring price charts, liquidity on exchanges, and trading volume to gauge potential entry or exit points. Always confirm price quotes on a reliable exchange or market data feed at the time of trading.
- Where can I buy or trade eCash, and what should I look for when choosing a wallet?
- eCash can be traded on multiple cryptocurrency exchanges that list the xec pair. When choosing a wallet, prioritize compatibility with eCash’s network, security features (like private keys control, passphrase backups, and hardware wallet support), and user experience. Common options include software wallets (desktop/mobile) and hardware wallets for long-term storage. Before buying, verify the wallet supports xec addresses and transactions, enable security features, and back up your recovery phrase. After purchasing, transfer funds to your wallet for custody or keep them on an exchange only if you plan active trading and understand the risk.
- What are the key technical aspects of eCash I should know as an advanced user?
- Advanced users should note that eCash operates as a proof-of-supply network with a very large maximum supply and a focus on low-cost transfers. Pay attention to transaction fees, confirmation times, and block validation rules, which affect speed and cost. If you engage in developer work, you may explore the network’s APIs, RPC endpoints, and wallet integration capabilities. Keep an eye on network upgrades, fee structures, and any planned hard forks or protocol changes announced by the project community or developers. For security, use cold storage for large holdings and enable multi-factor authentication on exchange accounts.
