Qtum (QTUM) Trading Up 1.7% This Week

Qtum (QTUM) traded down 4.6% against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on May 8th. Qtum has a market cap of $371.22 million and $42.21 million worth of Qtum was traded on exchanges in the last day. During the last week, Qtum has traded 1.7% higher against the U.S. dollar. One Qtum coin can now be bought for about $3.54 or 0.00005715 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded down 2.4% against the dollar and now trades at $2,996.09 or 0.04831953 BTC.
• Cardano (ADA) traded down 2.7% against the dollar and now trades at $0.44 or 0.00000707 BTC.
• Avalanche (AVAX) traded down 6.4% against the dollar and now trades at $34.33 or 0.00055368 BTC.
• NEAR Protocol (NEAR) traded down 7.1% against the dollar and now trades at $7.10 or 0.00011458 BTC.
• Internet Computer (ICP) traded down 5.4% against the dollar and now trades at $12.16 or 0.00019613 BTC.
• Uniswap (UNI) traded down 2.1% against the dollar and now trades at $7.39 or 0.00011922 BTC.
• Hedera (HBAR) traded down 4.5% against the dollar and now trades at $0.11 or 0.00000173 BTC.
• Cosmos (ATOM) traded down 3.5% against the dollar and now trades at $8.91 or 0.00014370 BTC.
• Cronos (CRO) traded 4.2% lower against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Fetch.ai (FET) traded down 7.3% against the dollar and now trades at $2.23 or 0.00003598 BTC.

About Qtum

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 104,755,842 coins. Qtum’s official website is qtum.org. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. 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 presently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView