Qtum (QTUM) Hits 1-Day Trading Volume of $30.33 Million

Qtum (QTUM) traded up 1.4% against the dollar during the one day period ending at 17:00 PM Eastern on June 15th. One Qtum coin can now be bought for about $2.93 or 0.00004443 BTC on popular exchanges. During the last seven days, Qtum has traded down 5.5% against the dollar. Qtum has a market capitalization of $308.71 million and $30.33 million worth of Qtum was traded on exchanges in the last day.

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

• Ethereum (ETH) traded up 1.4% against the dollar and now trades at $3,560.37 or 0.05389878 BTC.
• Cardano (ADA) traded 0.1% lower against the dollar and now trades at $0.41 or 0.00000624 BTC.
• Avalanche (AVAX) traded 1.4% lower against the dollar and now trades at $29.98 or 0.00045385 BTC.
• Uniswap (UNI) traded up 7.6% against the dollar and now trades at $11.35 or 0.00017180 BTC.
• NEAR Protocol (NEAR) traded 0.1% higher against the dollar and now trades at $5.60 or 0.00008480 BTC.
• Internet Computer (ICP) traded 3.8% lower against the dollar and now trades at $9.10 or 0.00013769 BTC.
• Hedera (HBAR) traded down 2.7% against the dollar and now trades at $0.0849 or 0.00000129 BTC.
• Cosmos (ATOM) traded 0.3% lower against the dollar and now trades at $7.12 or 0.00010772 BTC.
• Cronos (CRO) traded 0.5% higher against the dollar and now trades at $0.10 or 0.00000153 BTC.
• Fetch.ai (FET) traded 2% lower against the dollar and now trades at $1.46 or 0.00002209 BTC.

Qtum Coin Profile

Qtum (CRYPTO: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 105,193,544 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 possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView