Qtum Price Tops $2.40 on Major Exchanges (QTUM)

Qtum (QTUM) traded 2.4% higher against the U.S. dollar during the 1-day period ending at 23:00 PM Eastern on October 29th. During the last seven days, Qtum has traded 2.2% lower against the U.S. dollar. One Qtum coin can currently be bought for approximately $2.40 or 0.00003315 BTC on major cryptocurrency exchanges. Qtum has a total market capitalization of $252.46 million and $30.89 million worth of Qtum was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded up 0.7% against the dollar and now trades at $2,633.75 or 0.03644096 BTC.
• Cardano (ADA) traded up 2.8% against the dollar and now trades at $0.36 or 0.00000498 BTC.
• Avalanche (AVAX) traded down 1% against the dollar and now trades at $26.63 or 0.00036843 BTC.
• NEAR Protocol (NEAR) traded 0.8% lower against the dollar and now trades at $4.40 or 0.00006087 BTC.
• Uniswap (UNI) traded down 0.8% against the dollar and now trades at $7.91 or 0.00010948 BTC.
• Internet Computer (ICP) traded up 0.6% against the dollar and now trades at $8.14 or 0.00011268 BTC.
• Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.0760 or 0.00000105 BTC.
• Hedera (HBAR) traded 0.4% lower against the dollar and now trades at $0.0491 or 0.00000068 BTC.
• Cosmos (ATOM) traded down 1.2% against the dollar and now trades at $4.49 or 0.00006217 BTC.
• Fetch.ai (FET) traded 1.4% lower against the dollar and now trades at $1.32 or 0.00001822 BTC.

Qtum Coin Profile

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,377,445 coins. 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. Qtum’s official website is qtum.org.

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 buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView