Qtum Price Reaches $3.42 (QTUM)

Qtum (QTUM) traded down 9.7% against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on November 26th. During the last week, Qtum has traded 9.9% higher against the U.S. dollar. Qtum has a total market cap of $360.64 million and approximately $62.53 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be bought for approximately $3.42 or 0.00003702 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded down 4.8% against the dollar and now trades at $3,320.73 or 0.03593426 BTC.
• Cardano (ADA) traded down 10.1% against the dollar and now trades at $0.91 or 0.00000990 BTC.
• Avalanche (AVAX) traded down 6% against the dollar and now trades at $41.64 or 0.00045056 BTC.
• NEAR Protocol (NEAR) traded down 9.6% against the dollar and now trades at $6.14 or 0.00006643 BTC.
• Uniswap (UNI) traded 9.9% lower against the dollar and now trades at $10.88 or 0.00011776 BTC.
• Internet Computer (ICP) traded 10.2% lower against the dollar and now trades at $11.05 or 0.00011956 BTC.
• Hedera (HBAR) traded 5% lower against the dollar and now trades at $0.13 or 0.00000145 BTC.
• Cronos (CRO) traded down 9.5% against the dollar and now trades at $0.17 or 0.00000184 BTC.
• Fetch.ai (FET) traded 9.5% lower against the dollar and now trades at $1.34 or 0.00001454 BTC.
• Cosmos (ATOM) traded 7.2% lower against the dollar and now trades at $7.91 or 0.00008560 BTC.

Qtum Profile

Qtum (CRYPTO:QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its genesis date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,414,488 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. The official website for Qtum is qtum.org. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here.

According to CryptoCompare, “QTUM is a blockchain platform that combines Bitcoin and Ethereum elements to provide a secure and decentralized environment for building and running smart contracts and dapps. Its hybrid consensus mechanism combines proof-of-work (PoW) and proof-of-stake (PoS) to achieve security and scalability. The platform uses familiar programming languages such as Solidity and C++ to make it easier for developers to build and deploy smart contracts and dapps. QTUM was created by a team led by Patrick Dai and is primarily used for building and running smart contracts and dapps, with the QTUM token used for payments, incentivizing network participants, and governance decisions.”

Buying and Selling Qtum

It is usually not possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView