Qtum (QTUM) Trading 1.4% Lower This Week

Qtum (QTUM) traded down 3.9% against the dollar during the one day period ending at 12:00 PM ET on September 16th. Over the last week, Qtum has traded down 1.4% against the dollar. Qtum has a market capitalization of $230.34 million and approximately $28.86 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can currently be bought for $2.19 or 0.00003783 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded down 5.1% against the dollar and now trades at $2,288.12 or 0.03957425 BTC.
• Cardano (ADA) traded down 4.8% against the dollar and now trades at $0.33 or 0.00000574 BTC.
• Avalanche (AVAX) traded down 4.5% against the dollar and now trades at $23.59 or 0.00040798 BTC.
• NEAR Protocol (NEAR) traded down 6.7% against the dollar and now trades at $3.90 or 0.00006745 BTC.
• Uniswap (UNI) traded 6.3% lower against the dollar and now trades at $6.40 or 0.00011077 BTC.
• Internet Computer (ICP) traded down 6.6% against the dollar and now trades at $7.96 or 0.00013773 BTC.
• Cronos (CRO) traded 3.1% lower against the dollar and now trades at $0.0800 or 0.00000138 BTC.
• Hedera (HBAR) traded 3.6% lower against the dollar and now trades at $0.0498 or 0.00000086 BTC.
• Cosmos (ATOM) traded 5.9% lower against the dollar and now trades at $3.98 or 0.00006882 BTC.
• Fetch.ai (FET) traded down 5.5% against the dollar and now trades at $1.31 or 0.00002262 BTC.

Qtum Profile

Qtum (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 105,318,750 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed 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 presently 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, Gemini 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