Odaily Planet Daily News: According to official announcements, BitMart will launch eCash (XEC) on July 1st at 12:00 (GMT+8 time), opening XEC/USDT trading pairs.
ECash was created by the original team of Bitcoin Cash, and as a fork of Bitcoin, eCash has a more powerful technological roadmap.
The innovative Avalanche consensus layer and its own token layer are unique technological highlights of eCash. ECash also aims to introduce unprecedented features in the Bitcoin project, such as staking, fork free network upgrades, and sub chains.
XEC is the native token of the eCash network, with the following use cases:
Token minting: XEC holders can mint tokens with custom names, supply quantities, decimal places, and icons through the eCash platform. Users need to pay network transaction fees with XEC tokens. The eToken protocol also supports NFTs.
Mortgage: XEC token holders will be able to participate in Avalanche Staking, which will become part of eCash governance.