Qtum (QTUM) Market Cap Tops $243.33 Million

Qtum (QTUM) traded 3.3% lower against the dollar during the one day period ending at 18:00 PM E.T. on August 28th. Qtum has a market capitalization of $243.33 million and $30.95 million worth of Qtum was traded on exchanges in the last day. During the last seven days, Qtum has traded 7.9% lower against the dollar. One Qtum coin can currently be bought for approximately $2.31 or 0.00003905 BTC on cryptocurrency exchanges.

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

• Ethereum (ETH) traded 1.7% higher against the dollar and now trades at $2,534.67 or 0.04282669 BTC.
• Cardano (ADA) traded 0.9% lower against the dollar and now trades at $0.35 or 0.00000593 BTC.
• Avalanche (AVAX) traded down 4.2% against the dollar and now trades at $23.63 or 0.00039920 BTC.
• NEAR Protocol (NEAR) traded 6.4% lower against the dollar and now trades at $4.36 or 0.00007367 BTC.
• Internet Computer (ICP) traded down 1.6% against the dollar and now trades at $7.75 or 0.00013093 BTC.
• Uniswap (UNI) traded down 0.7% against the dollar and now trades at $5.77 or 0.00009757 BTC.
• Cronos (CRO) traded 0.2% higher against the dollar and now trades at $0.0816 or 0.00000138 BTC.
• Hedera (HBAR) traded 2.6% lower against the dollar and now trades at $0.0513 or 0.00000087 BTC.
• Cosmos (ATOM) traded down 2.4% against the dollar and now trades at $4.57 or 0.00007714 BTC.
• Fetch.ai (FET) traded 7.3% lower against the dollar and now trades at $1.20 or 0.00002019 BTC.

Qtum Profile

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It was first traded on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,293,439 coins. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. The official website for Qtum is qtum.org. 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.”

Qtum Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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