Qtum Trading Up 18.7% This Week (QTUM)

Qtum (QTUM) traded up 5.6% against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on March 29th. One Qtum coin can currently be bought for $4.94 or 0.00007045 BTC on popular exchanges. Qtum has a market capitalization of $517.06 million and $66.07 million worth of Qtum was traded on exchanges in the last day. Over the last seven days, Qtum has traded 18.7% higher against the US dollar.

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

• Ethereum (ETH) traded down 0.9% against the dollar and now trades at $3,546.34 or 0.05061431 BTC.
• Cardano (ADA) traded up 0.9% against the dollar and now trades at $0.66 or 0.00000939 BTC.
• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $53.89 or 0.00076914 BTC.
• Internet Computer (ICP) traded 0.4% lower against the dollar and now trades at $17.59 or 0.00025099 BTC.
• Uniswap (UNI) traded up 4.5% against the dollar and now trades at $12.96 or 0.00018499 BTC.
• NEAR Protocol (NEAR) traded down 3.4% against the dollar and now trades at $7.06 or 0.00010083 BTC.
• Cosmos (ATOM) traded 0.7% higher against the dollar and now trades at $12.43 or 0.00017739 BTC.
• Cronos (CRO) traded 0.6% higher against the dollar and now trades at $0.15 or 0.00000221 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.12 or 0.00000165 BTC.
• Fetch.ai (FET) traded 2.3% lower against the dollar and now trades at $3.23 or 0.00004617 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 104,755,842 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 currently possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView