Qtum (QTUM) Trading Down 3.6% This Week

Qtum (QTUM) traded up 3.2% against the US dollar during the 1 day period ending at 9:00 AM Eastern on May 4th. Qtum has a market capitalization of $396.60 million and approximately $43.30 million worth of Qtum was traded on exchanges in the last day. During the last seven days, Qtum has traded down 3.6% against the US dollar. One Qtum coin can currently be bought for approximately $3.79 or 0.00005950 BTC on exchanges.

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

• Ethereum (ETH) traded 2.9% higher against the dollar and now trades at $3,136.47 or 0.04928940 BTC.
• Cardano (ADA) traded 1.7% higher against the dollar and now trades at $0.47 or 0.00000737 BTC.
• Avalanche (AVAX) traded 3.7% higher against the dollar and now trades at $35.87 or 0.00056376 BTC.
• NEAR Protocol (NEAR) traded 6.2% higher against the dollar and now trades at $6.84 or 0.00010750 BTC.
• Internet Computer (ICP) traded down 1.9% against the dollar and now trades at $13.37 or 0.00021005 BTC.
• Uniswap (UNI) traded 3.8% higher against the dollar and now trades at $7.52 or 0.00011820 BTC.
• Hedera (HBAR) traded up 1.9% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded 1.9% higher against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Cosmos (ATOM) traded 0.7% lower against the dollar and now trades at $8.72 or 0.00013706 BTC.
• Fetch.ai (FET) traded 3.5% higher against the dollar and now trades at $2.16 or 0.00003389 BTC.

Qtum Profile

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 104,755,842 coins. Qtum’s official website is qtum.org. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. Qtum’s official Twitter account is @qtum and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView