The purpose of XEC coins The eCash supply is capped at 21 billion XEC tokens. Since it is a deflationary asset, the XEC price is expected to increase over time. XEC coins primarily function as a payment method. They are especially beneficial when making cross-border payments. XEC aims to provide its users with secure and fast global transactions. Following the rebranding, eCash started converting BCHA to XEC at a ratio of 1:1000000. The latest version of Electrum ABC (eCash wallet) allows Bitcoin Cash (BCH) owners to recover their eCash after importing their old Bitcoin Cash wallet from the BCH network. eCash follows the same supply and distribution model as Bitcoin, meaning that miner incentives are halved every 210,000 blocks (approximately every four years). Furthermore, the developers believe that it is not necessary to employ burning mechanisms to raise the price of XEC, as it is valuable enough on its own. What is the trading volume in the last 24 hours of eCash? XEC has a trading volume of $112,383,775 in the last 24 hours.
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