Qtum Trading Up 7.9% Over Last 7 Days (QTUM)

Qtum (QTUM) traded up 5.2% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM Eastern on August 21st. Over the last seven days, Qtum has traded 7.9% higher against the U.S. dollar. Qtum has a market capitalization of $264.42 million and $29.40 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be purchased for $2.51 or 0.00004097 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded up 2.4% against the dollar and now trades at $2,642.93 or 0.04311427 BTC.
• Cardano (ADA) traded up 6.9% against the dollar and now trades at $0.37 or 0.00000603 BTC.
• Avalanche (AVAX) traded 4.9% higher against the dollar and now trades at $23.57 or 0.00038446 BTC.
• NEAR Protocol (NEAR) traded 5.9% higher against the dollar and now trades at $4.27 or 0.00006972 BTC.
• Uniswap (UNI) traded up 15.1% against the dollar and now trades at $7.19 or 0.00011722 BTC.
• Internet Computer (ICP) traded 6.5% higher against the dollar and now trades at $7.72 or 0.00012595 BTC.
• Cronos (CRO) traded up 0.7% against the dollar and now trades at $0.0873 or 0.00000142 BTC.
• Hedera (HBAR) traded 2.6% higher against the dollar and now trades at $0.0550 or 0.00000090 BTC.
• Cosmos (ATOM) traded 0.2% higher against the dollar and now trades at $4.77 or 0.00007785 BTC.
• Algorand (ALGO) traded up 5.9% against the dollar and now trades at $0.14 or 0.00000222 BTC.

Qtum Coin Profile

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 105,283,988 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.”

Buying and Selling Qtum

It is usually not presently possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView