EDCASH price is $0.00007327
The current price of EDCASH (EDC) is $ 0.00007327. Over the past 24 hours, the value has increased by +0.00%, reflecting the dynamic and volatile nature of the cryptocurrency market.
EDCASH (EDC) is a digital currency that operates on blockchain technology. It is designed to offer a decentralized payment system that is fast, secure, and aims to provide lower transaction fees compared to traditional online payment mechanisms. EDCASH leverages the benefits of blockchain to enable users to transact directly without the need for intermediaries.
The creator or team behind EDCASH has not been specified. Typically, cryptocurrencies are developed by individual programmers or groups who share a common goal of improving the existing financial system. For more detailed information on the founders, one would have to visit the official EDCASH website or consult community resources.
EDCASH works like many other cryptocurrencies, utilizing a decentralized ledger known as a blockchain. This technology ensures all transactions are recorded transparently and immutably across numerous computers. Users can send and receive EDC using wallet applications, which can be software based or hardware devices designed specifically for cryptocurrency storage and transactions.
As with most cryptocurrencies, EDCASH aims to offer secure and quick transactions. The core features typically include:
Decentralization: Reducing reliance on centralized financial institutions.
Security: Utilizing cryptographic methods to secure transactions and wallets.
Lower Fees: Potentially offering lower transaction fees compared to traditional banking.
User Anonymity: Users can perform transactions with levels of privacy, depending on the design and structure of EDCASH's blockchain.
Without details on the specific technologies EDCASH utilizes, one can only assume it employs standard security practices found in blockchain technology. This often includes cryptographic hashing, a consensus mechanism for validating transactions, and a robust network of nodes to mitigate the risk of attacks and fraud.
EDCASH has a circulating supply of coins. This number reflects the amount of EDC that is currently available for trading and transactions.
At the moment, EDCASH holds the market capitalization rank of #1, with a market cap of $ . It's essential to note that the market cap is a significant indicator of a cryptocurrency's market size, liquidity, and overall stability within the market. The 24-hour trading volume for EDCASH is , showing how much of the coin has been traded across exchanges in the last day.
EDCASH (EDC) can be purchased on various cryptocurrency exchanges. To find out which exchanges currently offer EDC for trading, one should look at the coin’s official resources or directly consult the list of where EDCASH is actively traded.
To keep your EDCASH safe, it is crucial to use a reputable crypto wallet, which can be either software-based, like mobile or desktop wallets, or hardware-based for higher security. Always ensure that your wallet is secure, use strong passwords, enable two-factor authentication, and be cautious about sharing personal private keys or seed phrases with anyone.
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