Qtum (QTUM) Hits 24 Hour Trading Volume of $27.56 Million

Qtum (QTUM) traded 3.3% lower against the U.S. dollar during the 1-day period ending at 12:00 PM Eastern on June 29th. One Qtum coin can now be purchased for about $2.55 or 0.00004187 BTC on cryptocurrency exchanges. Over the last seven days, Qtum has traded down 0.2% against the U.S. dollar. Qtum has a total market cap of $268.14 million and $27.56 million worth of Qtum was traded on exchanges in the last 24 hours.

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

• Ethereum (ETH) traded down 0.6% against the dollar and now trades at $3,381.78 or 0.05556188 BTC.
• Cardano (ADA) traded down 1.2% against the dollar and now trades at $0.39 or 0.00000639 BTC.
• Avalanche (AVAX) traded 1.4% lower against the dollar and now trades at $27.74 or 0.00045582 BTC.
• NEAR Protocol (NEAR) traded 1.8% lower against the dollar and now trades at $5.01 or 0.00008227 BTC.
• Uniswap (UNI) traded 3.2% lower against the dollar and now trades at $8.96 or 0.00014717 BTC.
• Internet Computer (ICP) traded down 2.1% against the dollar and now trades at $8.00 or 0.00013140 BTC.
• Hedera (HBAR) traded 2% lower against the dollar and now trades at $0.0767 or 0.00000126 BTC.
• Cosmos (ATOM) traded 3.1% lower against the dollar and now trades at $6.71 or 0.00011026 BTC.
• Cronos (CRO) traded 1.2% lower against the dollar and now trades at $0.0908 or 0.00000149 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $1.40 or 0.00002298 BTC.

Qtum 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 105,212,130 coins. The official website for Qtum is qtum.org. 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.

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 currently 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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView