Buy eCash: A Comprehensive Guide on How to Buy XEC – Best Exchanges & Brokers

eCash (XEC), a rising cryptocurrency in the digital asset space, has gained significant traction since its launch. Its focus on scalability, security, and low transaction fees makes it an attractive choice for investors. We’ll show you simple, fast, and secure ways to buy and store eCash (XEC). To keep things short, we think that Coinbase is the best option to buy eCash. Why Coinbase?

The following table explains why Coinbase is the best choice for buying eCash.

Buy eCash on Coinbase

Coinbase is a trusted cryptocurrency exchange, fully regulated and licensed in multiple jurisdictions worldwide. This ensures compliance with financial authorities and guarantees high security for its users. Even institutional investors, such as BlackRock, rely on Coinbase for secure crypto custody, reinforcing its reputation as one of the safest platforms available.

While users have the option to store eCash (XEC) in external wallets, Coinbase provides a secure and convenient environment for managing digital assets. Unlike some exchanges that impose withdrawal delays, Coinbase ensures near-instant access to your funds.

Affordability is another major advantage. Coinbase’s transaction fees are highly competitive, with trading costs as low as 0.15%. This is significantly lower than the industry average, where other providers charge up to 1.5% per transaction.

Security is a top priority on Coinbase, featuring two-factor authentication (2FA) to safeguard your account. Additionally, Coinbase offers responsive customer support, with queries typically addressed within 24 hours.

The platform is designed with ease of use in mind, making it accessible for both beginners and experienced traders. With dedicated mobile apps for Android and iOS, you can conveniently manage your eCash (XEC) portfolio and execute trades anytime, anywhere.

Coinbase is one of the most reliable and beginner-friendly platforms to buy eCash (XEC). Below, we’ll guide you through the process of purchasing eCash securely and efficiently on Coinbase.

Step 1: Register on Coinbase

To start buying eCash (XEC), you need to create an account. Visit Coinbase.com and click the “Sign Up” button. Fill in your name, email, and a secure password, then click “Create Account” to proceed.

Step 2: Complete Identity Verification

To comply with regulatory requirements, Coinbase requires identity verification. You will need to provide a government-issued ID and confirm personal details such as your residential address and date of birth. This process is quick and usually takes just a few minutes.

Step 3: Link a Payment Method

To buy eCash (XEC), you must link a preferred payment method. Coinbase supports multiple options, including:

• Bank Transfer: Best for larger transactions and lower fees.
• Credit or Debit Card: Ideal for instant purchases, but may have slightly higher fees.
• PayPal: Available for deposits and withdrawals in selected regions.

Step 4: Purchase eCash (XEC)

Once your account is funded, follow these steps to buy eCash (XEC):

1. Go to the “Buy/Sell” section on the Coinbase dashboard.
2. Select eCash (XEC) from the list of supported cryptocurrencies.
3. Enter the amount you wish to buy, either in your local currency (e.g., USD, EUR) or in XEC tokens.
4. Choose your preferred payment method (bank transfer, credit card, or PayPal).
5. Review the transaction details, including fees, and click “Buy Now” to finalize the purchase.

Step 5: Securely Store Your eCash (XEC)

Once purchased, your eCash (XEC) will be available in your Coinbase wallet. For enhanced security, it’s recommended to transfer your tokens to a personal wallet, such as:

• Hardware Wallet: Secure cold storage options like Ledger or Trezor.
• Software Wallet: Mobile and desktop wallets for easier access.

Why Buy eCash (XEC) on Coinbase?

• User-Friendly Platform: Coinbase is designed to be intuitive, making it easy for new users to navigate.
• High-Level Security: Features like two-factor authentication (2FA) and insured funds provide peace of mind.
• Multiple Payment Options: Coinbase allows purchases via bank transfers, credit/debit cards, and PayPal for added convenience.
• Fast Transactions: With quick processing times, you can access your eCash (XEC) without delays.

Buy eCash on Binance

Binance is one of the largest and most widely used cryptocurrency exchanges in the world, known for its high security and user-friendly platform. Previously, buying cryptocurrencies directly with fiat currencies like Euro (EUR) or US Dollar (USD) was not possible. However, Binance now allows you to easily purchase eCash (XEC) using a credit card, bank transfer, or trading it with other cryptocurrencies. In this guide, we’ll walk you through both options!

Step 1: Sign Up on Binance

Unlike some exchanges, Binance allows you to trade without mandatory identity verification. However, completing Know Your Customer (KYC) verification will unlock higher withdrawal limits and additional platform features.

Step 2: Buy eCash (XEC) with a Credit Card

To purchase eCash (XEC) using a credit card on Binance, follow these steps:

1. Go to the Credit Card Purchase Section: Click “Buy Crypto” in the top menu and select “Credit/Debit Card.”
2. Select eCash (XEC) as Your Cryptocurrency: Choose eCash (XEC) from the list of available coins and select your preferred payment currency (e.g., EUR, USD).
3. Enter Your Personal Information: Fill in the necessary details as prompted.
4. Verify Your Email and Phone Number: Binance will send a verification code to your registered email and phone number.
5. Proceed to Payment: Click “Next” and enter your credit card details.
6. Confirm Your Identity: Upload a government-issued ID (passport, driver’s license, or national ID) to verify your identity.

Important Considerations Before and After Your Purchase

• Price Fluctuations: The price of eCash (XEC) is based on real-time market conditions. If the price fluctuates by more than ±2.5%, Binance may require transaction confirmation.
• Transaction Fees: Binance charges competitive fees for credit card purchases.
• Transaction Limits: The daily limit for fiat purchases varies depending on verification levels.
• Track Your Transaction: After purchasing, you can monitor your payment status and check your deposit history on Binance.

Step 3: How to Trade eCash (XEC) on Binance

If you already hold other cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), or Tether (USDT), you can deposit them into your Binance account and trade them for eCash (XEC). Here’s how:

1. Deposit Your Existing Crypto: If you have crypto on another exchange or wallet, transfer it to your Binance deposit address.
2. Access the Deposit Section: Click “Wallet” in the navigation menu and select “Deposit.”
3. Find Your Wallet Address: Search for the cryptocurrency you want to deposit (e.g., USDT or ETH) and copy your unique Binance wallet address.
4. Convert to eCash (XEC): Once your deposit arrives, go to the “Markets” tab, find the XEC trading pair (e.g., XEC/USDT), and place a trade order.

Additional Trading Tips

• Spot & Futures Trading: Binance offers both spot trading and futures trading for experienced users.
• Leverage Trading: Binance provides margin trading options to increase potential gains (but also comes with higher risk).
• Security Measures: Activate two-factor authentication (2FA) for enhanced account security. Binance also offers cold storage for crypto funds and insurance coverage in case of security breaches.

Buy eCash  on Kraken

Kraken is a regulated cryptocurrency exchange with licenses across multiple jurisdictions worldwide. This ensures compliance with financial authorities and guarantees a high level of security for users. Kraken is trusted by institutional investors, including major financial entities, for securely managing and storing cryptocurrencies.

Kraken allows users to store their assets securely within the platform, but it also supports external wallets. Unlike some exchanges that impose delays on withdrawals, Kraken processes withdrawals instantly, allowing you to access your eCash (XEC) holdings without unnecessary wait times.

When it comes to cost efficiency, Kraken offers highly competitive trading fees. The platform operates on a tiered fee system, with maker fees as low as 0.16% and taker fees starting at 0.26%, which are considerably lower than many other exchanges.

Security is a top priority at Kraken, featuring two-factor authentication (2FA), advanced encryption, and an insurance-backed fund for additional asset protection. The platform also provides 24/7 customer support, ensuring that users receive assistance whenever needed.

Kraken is a user-friendly platform that caters to both beginners and experienced traders. With a simple interface and mobile apps for Android and iOS, you can easily manage your eCash (XEC) portfolio and make trades anytime, anywhere.

Kraken is one of the most secure and reliable platforms to buy eCash (XEC). Below, we’ll guide you through the process of purchasing eCash safely and efficiently on Kraken.

Step 1: Sign Up for Kraken

To start buying eCash (XEC), you need to create an account on Kraken. Visit Kraken’s official website and click “Create Account.” You will be prompted to enter your name, email address, and a secure password. Once done, click “Sign Up.”

Step 2: Verify Your Identity

To comply with financial regulations, Kraken requires users to complete identity verification. You will need to submit a government-issued ID and provide personal details such as your address and date of birth. The verification process is typically fast and is essential for increased withdrawal limits and fiat deposits.

Step 3: Add a Payment Method

To purchase eCash (XEC), you must link a payment method to your Kraken account. Supported options include:

• Bank Transfer: Best for lower fees and higher deposit limits.
• Credit or Debit Card: Ideal for instant purchases but may have slightly higher fees.
• Wire Transfers: Available in certain countries for larger transactions.

Step 4: Buy eCash (XEC)

Once your account is set up and a payment method is linked, you’re ready to buy eCash (XEC)!

• On the Kraken dashboard, navigate to the “Buy Crypto” section.
• Select eCash (XEC) from the list of available cryptocurrencies.
• Enter the amount of eCash (XEC) you want to purchase, either in fiat currency (e.g., USD, EUR) or in XEC.
• Choose your preferred payment method (bank transfer, debit card, or wire transfer).
• Review transaction details, including any fees, then click “Buy Now” to complete your purchase.

Step 5: Securely Store Your eCash (XEC)

Once you have purchased eCash (XEC), it will be stored in your Kraken wallet. However, for added security, it is highly recommended to transfer your assets to a private wallet, such as:

• Hardware Wallets: Cold storage solutions like Ledger or Trezor for long-term holding.
• Software Wallets: Desktop and mobile wallets that offer a balance between security and accessibility.

Why Buy eCash (XEC) on Kraken?

• User-Friendly Platform: Kraken’s interface is simple and intuitive, making it ideal for beginners.
• High Security Standards: Kraken implements two-factor authentication (2FA) and advanced encryption to protect your funds.
• Competitive Fees: Kraken offers low trading fees, making it one of the most cost-effective platforms for buying eCash (XEC).
• Variety of Payment Methods: Kraken supports multiple payment options, including bank transfers, credit/debit cards, and wire transfers.
• Fast Transactions: Kraken processes deposits and withdrawals quickly, ensuring that you have access to your funds without long wait times.

Buy eCash on Kriptomat

About Kriptomat

Compared to established brokers like eToro, Kriptomat is a relatively new cryptocurrency exchange, yet it has earned a strong reputation for security and ease of use. On Kriptomat, you can buy over 30 cryptocurrencies, including eCash (XEC), using Euro (EUR), US Dollars (USD), and other fiat currencies. Additionally, Kriptomat allows you to send your eCash (XEC) directly to an external wallet for added security.

However, it’s important to note that Kriptomat is currently available only in Europe. Investors from the USA and other regions are not eligible to use the platform.

Kriptomat stands out for its intuitive and beginner-friendly interface, making it an excellent choice for those new to cryptocurrency trading. Furthermore, the platform operates under strict EU regulations, holding two official licenses from the Estonian government, ensuring compliance and trustworthiness.

One of the key advantages of Kriptomat is its transparent fee structure. Unlike some exchanges that add a hidden markup, Kriptomat ensures that your purchase price matches the spot price of eCash (XEC), with only a small transaction fee. All fees are clearly displayed before completing a purchase.

Setting Up an eCash (XEC) Account on Kriptomat

Since Kriptomat follows strict European Union regulations, identity verification is mandatory before you can buy eCash (XEC). To create an account, follow these steps:
Visit the official Kriptomat website at kriptomat.io and click the orange “Register” button.
A pop-up window will appear, asking for your first and last name, email address, and password.
Kriptomat will send a confirmation email with a verification link. Click the link to verify your account.
Once verified, log in to your Kriptomat account.
At this stage, your registration is not yet complete. Before you can buy eCash (XEC) or access all platform features, you must verify your phone number:

Enter your phone number, and Kriptomat will send an SMS verification code.
Input the verification code on the website to proceed.
Next, you must complete full identity verification to comply with EU regulations. Click on the verification prompt and follow these steps:

Enter your full address (street, house number, city, country).
Upload a photo or scan of your government-issued ID (passport, national ID card, or driver’s license).
Kriptomat allows you to complete verification via smartphone. Click the provided SMS link to continue the process on your mobile device.
Take a clear photo of your ID (front and back) and upload it.
For additional security, Kriptomat requires a selfie to match your ID. Enable camera access and take a live selfie through the platform.
If you plan to deposit fiat currency via SEPA bank transfer, you must also add a bank account to your Kriptomat profile. If you are using credit cards, Neteller, or Skrill, this step is not required.

Once you complete the identity verification, your account will be fully activated, and you can begin purchasing eCash (XEC). Unlike other exchanges that have tiered verification levels, Kriptomat offers full access after a single verification process.

How to Buy eCash (XEC) on Kriptomat

Purchasing eCash (XEC) on Kriptomat is quick and easy. Follow these steps:

Navigate to the “Buy/Sell” tab (Step 1).
Click on the “Buy” tab (Step 2).
From the list of available cryptocurrencies, select eCash (XEC).

Step 3: Choose a Payment Method

Kriptomat supports four different payment methods:

SEPA Bank Transfer – Requires a linked bank account (lower fees).
Credit/Debit Card – Instant purchases, slightly higher fees.
Neteller – Fast and secure online payments.
Skrill – A widely used e-wallet for crypto purchases.
If you are using SEPA Bank Transfer, you must link your bank account before depositing funds. However, if you choose credit card, Neteller, or Skrill, you can proceed directly to the purchase.

Step 4: Enter Your Purchase Amount

Enter the amount of eCash (XEC) you want to buy in fiat currency.
Click “Buy eCash” to proceed.
Review the transaction fees and total cost before finalizing the order.
Click “Confirm Transaction” to complete the purchase.
After confirming, Kriptomat will process your order and redirect you to your “My Wallet” section. Within a few seconds, your eCash (XEC) balance will be updated in your account.

Storing Your eCash (XEC) Securely

Kriptomat provides a built-in wallet for storing your eCash (XEC), but for additional security, it’s recommended to transfer your assets to an external wallet.

Recommended Wallets for eCash (XEC):

• Hardware Wallets: Best for long-term security (e.g., Ledger, Trezor).
• Software Wallets: Secure mobile and desktop options.

Why Buy eCash (XEC) on Kriptomat?

• Easy-to-Use Platform: Designed for beginners with a simple interface.
• High Security: EU-regulated with two government licenses.
• No Hidden Fees: Transparent pricing based on the spot market.
• Multiple Payment Methods: SEPA, credit cards, Skrill, Neteller.
• Quick Transaction Processing: Purchases and deposits are processed instantly.

Buy eCash at Anycoin

Anycoin is a popular cryptocurrency exchange platform that provides a simple and secure way to buy and sell eCash (XEC) and other cryptocurrencies. The platform is designed to accommodate both beginners and experienced traders, offering a user-friendly interface along with advanced features to make crypto trading efficient and secure.

Key Features of Anycoin:

1. Intuitive Interface: Anycoin offers a straightforward and easy-to-use platform, making it accessible for beginners while still offering features that experienced traders appreciate.
2. Wide Cryptocurrency Selection: Anycoin supports a variety of digital assets, including eCash (XEC), Bitcoin (BTC), Ethereum (ETH), and more, allowing users to diversify their portfolios.
3. High Security Standards: Security is a priority at Anycoin, with two-factor authentication (2FA) and SSL encryption implemented to protect user accounts and transactions.
4. Competitive Fees: Anycoin ensures fair and low trading fees, making it an attractive choice for cost-conscious traders.
5. Multiple Payment Options: Users can buy eCash (XEC) using a variety of payment methods, including bank transfers, credit cards, and PayPal (depending on location).
6. Fast Processing: Anycoin processes transactions quickly, giving users immediate access to their eCash (XEC) holdings.
7. Secure Wallet Support: Anycoin provides an integrated wallet, but for added security, users are encouraged to transfer funds to a hardware wallet or another secure personal storage solution.
8. Customer Support: The platform offers dedicated customer support, assisting users with inquiries and troubleshooting.
9. Mobile Access: Anycoin is available via mobile apps on iOS and Android, enabling users to manage their portfolios on the go.

How to Buy eCash (XEC) on Anycoin:

1. Create an Account: Visit the Anycoin website and click on “Sign Up.” Enter your name, email address, and create a secure password. You will receive an email to confirm your registration.
2. Complete Identity Verification: Anycoin requires KYC (Know Your Customer) verification to comply with regulations. You will need to submit a government-issued ID and proof of residence.
3. Link a Payment Method: Connect a payment method to your account. Anycoin supports options such as bank transfers, credit cards, and PayPal, depending on your region.
4. Purchase eCash (XEC): Once verified, navigate to the “Buy” section, select eCash (XEC), enter the amount you wish to buy, and review the transaction details before confirming your purchase.
5. Store Your eCash Securely: Once purchased, eCash (XEC) will be stored in your Anycoin wallet. For enhanced security, consider transferring your assets to a hardware wallet or another secure storage solution.

Benefits of Using Anycoin:

• Simple and Accessible: The platform is designed to be beginner-friendly, making it easy for new users to navigate.
• Secure Transactions: Features like 2FA and SSL encryption protect funds and personal data.
• Support for Multiple Cryptocurrencies: Anycoin allows you to trade eCash (XEC) alongside other major cryptocurrencies.
• Affordable Fees: Low trading and transaction fees make Anycoin a cost-effective choice.
• Quick Processing: Transactions are processed efficiently, ensuring you receive your eCash (XEC) without long wait times.

Buy eCash at ByBit

Bybit is a popular cryptocurrency exchange platform that specializes in trading digital assets such as eCash (XEC), Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies. Known for its advanced features and high liquidity, Bybit is widely used by traders, especially those interested in leveraged trading and derivatives.

Key Features of Bybit:

1. Advanced Trading Tools: Bybit offers a range of professional trading tools including spot trading, margin trading, and derivatives trading (futures contracts). The platform also provides advanced charting features and technical analysis tools to help users make informed decisions.
2. High Liquidity: Bybit is known for its high liquidity, which is particularly beneficial for traders who need to execute large trades without significant slippage. This makes it a reliable platform for both day traders and long-term investors.
3. Leverage Trading: Bybit provides leverage trading options, allowing users to increase potential profits. However, leverage also comes with higher risks, and it’s important to use it cautiously.
4. User-Friendly Interface: Bybit maintains an intuitive and user-friendly interface, making it accessible for both beginner and experienced traders.
5. Security Features: Bybit ensures security with two-factor authentication (2FA), cold storage for crypto assets, and an insurance fund to cover any potential losses in extreme market conditions.
6. Mobile App: Bybit offers mobile apps for both Android and iOS, enabling users to trade and manage their crypto assets conveniently on the go.
7. Fast Transactions: Bybit processes transactions quickly, ensuring orders are executed instantly, which is crucial in volatile markets.
8. Referral Program: Bybit has a referral program that allows users to earn rewards by inviting others to join the platform.
9. Customer Support: Bybit provides 24/7 customer support through live chat, email, and other communication channels.

How to Buy eCash (XEC) on Bybit:

1. Create an Account: Visit the Bybit website and click “Sign Up.” Enter your email address and create a secure password. After registering, you will receive a verification email to activate your account.
2. Verify Your Identity: Bybit may require KYC (Know Your Customer) verification. This includes uploading a government-issued ID and some personal details to verify your identity.
3. Deposit Funds: Once your account is set up, you need to fund your Bybit account. Bybit supports deposits in several cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), USDT (Tether), and eCash (XEC). You can deposit these digital assets directly into your Bybit wallet.
4. Purchase eCash (XEC): To buy eCash (XEC) on Bybit:
   • Go to the “Spot” trading section on the platform.
   • Select eCash (XEC) as the cryptocurrency you want to purchase.
   • Choose your trading pair (e.g., XEC/USDT).
   • Enter the amount you want to buy and review the transaction details.
   • Confirm the purchase to complete the transaction.
5. Store Your eCash Securely: After purchasing eCash (XEC), you can store it in your Bybit wallet. However, for added security, it’s recommended to transfer your assets to a private wallet, such as a hardware wallet (e.g., Ledger or Trezor).

Benefits of Using Bybit:

• Advanced Trading Options: Bybit is ideal for traders looking for advanced features like margin trading and leverage, along with access to a wide range of crypto assets.
• Fast Execution and High Liquidity: The platform provides fast order execution and deep liquidity, which is crucial for active traders in fast-moving markets.
• Security: Bybit prioritizes user security with features like two-factor authentication (2FA), cold storage, and an insurance fund.
• Mobile Trading: Bybit’s mobile apps allow users to trade and monitor their portfolios from anywhere.
• Competitive Fees: Bybit offers low trading fees, making it an attractive option for traders looking to minimize costs.
• 24/7 Support: Bybit provides round-the-clock customer support to help resolve any issues or concerns quickly.

Best eCash wallet: Electrum

When using a desktop wallet, we highly recommend the Electrum Wallet for securely storing and managing your eCash (XEC). Below, we provide a step-by-step guide on how to download, install, and use Electrum Wallet effectively.

To get started, visit the official Electrum website and download the wallet. Once on the page, scroll down and click the “Download Electrum” button.

Step 1: Choose the Right Version for Your Operating System

Once you land on the download page, you’ll need to select the version that corresponds to your operating system. If you are using Windows, download the Windows Installer. If you are on macOS or Linux, choose the appropriate version.

For Android users, select the Android installer for mobile usage.

Step 2: Install the Electrum Wallet

Once the download is complete, follow these steps:

1. Open the installation file.
2. Select the installation directory where you want the wallet to be installed.
3. Click “Install”, and wait for the process to complete (this should take less than 2 minutes).
4. When the installation is finished, click “Close”.

Step 3: Setting Up Electrum Wallet

Now that the wallet is installed, open Electrum by double-clicking the desktop icon. The software will first ask how you’d like to connect to a server. If you are a beginner, we recommend selecting “Auto connect” for an easier setup.

Step 4: Create a New Wallet

If this is your first time using Electrum, the software will detect that you don’t have a wallet yet. Follow these steps:

1. Click “Continue” to create a new wallet.
2. You can choose to rename the wallet or keep the default name.
3. Select the type of wallet you’d like to create:

• Standard Wallet – Recommended for beginners.
• Wallet with Two-Factor Authentication (2FA) – Offers enhanced security using the Google Authenticator app (requires a small fee).
• Multi-signature Wallet – Best for advanced users.

For most users, the Standard Wallet is the best option as it’s free and simple to use.

Step 5: Generate a Secure Seed Phrase

After choosing the wallet type, Electrum will generate a 12-word seed phrase.

• This seed phrase is crucial as it acts as the recovery key if you forget your password or lose access to your computer.
• Write it down on a piece of paper and store it safely. Never share your seed phrase online!

Next, re-enter the seed phrase to confirm you have stored it correctly.

Step 6: Create a Strong Password

Electrum will prompt you to create a wallet password.

• Use a long and complex password (including numbers and special characters).
• This password will be required every time you open your wallet.
• Do not forget your password, as Electrum does not allow password recovery without the seed phrase.

Step 7: Find Your eCash (XEC) Receiving Address

Once your wallet setup is complete, you will see the Electrum user interface.

To receive eCash (XEC), you need your Receiving Address:

1. Click on the “Receive” tab in the top menu.
2. Copy your Receiving Address (this is the address where you will receive funds).
3. Paste this address in Litebit, Anycoin, or another exchange when withdrawing eCash (XEC).

Step 8: Secure Your Wallet

For maximum security, consider these steps:

• Enable Two-Factor Authentication (2FA): If you did not enable it during setup, you can activate it later for added protection.
• Backup Your Seed Phrase: Keep your seed phrase in multiple secure locations (not online).
• Use Cold Storage: For long-term holdings, store your eCash (XEC) on a hardware wallet like Ledger or Trezor.

Final Thoughts

Electrum is one of the most secure and trusted desktop wallets for managing eCash (XEC) and other cryptocurrencies.

• Quick Installation – Simple and fast setup.
• Improved Security – Seed phrase protection, password security, and 2FA options.
• User-Friendly Interface – Easy to navigate for beginners and advanced users.
• Fast Transactions – Lightweight software ensures quick transaction processing.

If you have any questions, feel free to leave a comment, and we will be happy to help.