Qtum (QTUM) Price Tops $1.07 on Exchanges

Qtum (QTUM) traded 2.3% higher against the US dollar during the 24-hour period ending at 12:00 PM E.T. on February 1st. One Qtum coin can now be bought for about $1.07 or 0.00001379 BTC on cryptocurrency exchanges. In the last week, Qtum has traded down 14% against the US dollar. Qtum has a market cap of $113.14 million and approximately $25.19 million worth of Qtum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded down 3.9% against the dollar and now trades at $2,304.63 or 0.02975548 BTC.
• Cardano (ADA) traded 0.8% higher against the dollar and now trades at $0.29 or 0.00000369 BTC.
• Cronos (CRO) traded 2.7% higher against the dollar and now trades at $0.0785 or 0.00000101 BTC.
• Avalanche (AVAX) traded up 1.1% against the dollar and now trades at $9.84 or 0.00012700 BTC.
• Hedera (HBAR) traded up 1.5% against the dollar and now trades at $0.0884 or 0.00000114 BTC.
• Uniswap (UNI) traded up 0.8% against the dollar and now trades at $3.84 or 0.00004952 BTC.
• Internet Computer (ICP) traded 0.6% lower against the dollar and now trades at $2.62 or 0.00003380 BTC.
• NEAR Protocol (NEAR) traded down 0.7% against the dollar and now trades at $1.16 or 0.00001497 BTC.
• Cosmos (ATOM) traded 0.4% lower against the dollar and now trades at $1.90 or 0.00002455 BTC.
• Algorand (ALGO) traded up 2% against the dollar and now trades at $0.10 or 0.00000130 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 105,955,451 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 decentralized blockchain platform with dApp and turing-complete smart contract functionalities while still maintaining an Unspent Transaction Output (UTXO) transaction model. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) which allows specific blockchain settings to be modified by making use of smart contracts.QTUM is the underlying value token in the Qtum blockchain.”

Qtum Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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