eCash (XEC) is the 95th largest cryptocurrency by market cap, valued at US$480,554,636.
eCash is a highly volatile asset capable of major price swings in a single day. Today XEC is trading for $0.00002499 USD, which is lower than yesterday's trading price of $0.0000252611 USD. Over the past year, eCash's price has seen a decrease of -47%.
So before you buy eCash, make sure you understand these unique risks as well as its legal and tax status here in the UK.
If you're ready to get started, read on for step-by-step instructions on how you can use to buy eCash.
How to buy eCash in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
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Compare crypto exchanges
The easiest way to buy eCash is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
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Create an account
To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
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Make a deposit
Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy eCash
You can now exchange your funds for eCash. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your eCash to your personal wallet.
Where to buy eCash in the UK
Find an exchange to buy, sell and trade XEC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
How we keep this eCash guide up-to-date
- XEC price data is regularly updated through data feeds so you always have the latest information.
- eCash performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
How do I find the best places to buy eCash?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy eCash?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading eCash.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing XEC with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What is the easiest way to buy eCash?
The easiest way to buy XEC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying XEC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of eCash has been performing recently.
Best eCash wallets to store your XEC
You can keep your XEC on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your XEC below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,317+ |
Supported assets 30,000+ |
Price (USD) $149 |
Price (USD) $186 |
Price (USD) $49.99 |
See more of the best crypto wallets
Is eCash a good investment?
XEC, is the native asset of the eCash ecosystem and is used to facilitate a wide range of transactions taking place across the platform. In this section we will look at some core aspects of the digital currency:
- Novel consensus framework: As per the official project website project website. eCash makes use of a unique proof-of-stake (PoS) consensus layer referred to as Avalanche — not to be confused with the blockchain project of the same name — that allows it process transactions at a high level of efficiency while providing users with a lot of privacy related benefits.
- Seamless conversions: Since its rebranding, eCash has allowed all of its users to convert their existing BCHA coins to XEC in a ratio of one is to one million (1:1,000,000), thereby making voluminous Bitcoin Cash ABC transactions extremely simple and streamlined.
- Anonymity and immutabilityAnother core aspect of the project is that it ensures complete anonymity in relation to all its transactions while also providing users with amazing immutability. Not only that, these transfers are almost free of cost with finality being provided within a matter of three seconds or less.
- Solid backing team: The eCash project is helmed by its tech lead, industry veteran Amaury Sechet, who was also responsible for creation of Bitcoin Cash, one of the most popular digital currencies available in the market today.
Additional information about eCash can be found using our XEC analysis tools.
Today's eCash price versus ATH
Compare today's price of eCash ($0.00002499 USD) against its all-time-high price of $0.00038001 USD on 04 September 2021. The closer the bar is to 100%, the closer XEC is to reaching its ATH again.
ATH date: September 04, 2021
eCash ATH: $0.00038001
How to trade, convert or sell eCash
You can convert or sell your XEC with the same exchange you bought it through:- Sign in to the exchange you have XEC on.
- If you store your eCash in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of XEC you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of eCash.
- Complete your transaction and move your XEC to a wallet for storage.
Get started with crypto
Crypto exchanges and wallets
Learn about other cryptos
* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.
Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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