Qtum (QTUM) Trading Down 14.3% This Week

Qtum (QTUM) traded up 1.4% against the US dollar during the 1-day period ending at 16:00 PM E.T. on October 27th. Qtum has a total market capitalization of $236.47 million and $26.35 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can now be purchased for approximately $2.24 or 0.00003322 BTC on popular exchanges. During the last week, Qtum has traded 14.3% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded up 0.2% against the dollar and now trades at $2,483.63 or 0.03676218 BTC.
• Cardano (ADA) traded up 2.6% against the dollar and now trades at $0.34 or 0.00000501 BTC.
• Avalanche (AVAX) traded up 0.7% against the dollar and now trades at $25.57 or 0.00037853 BTC.
• NEAR Protocol (NEAR) traded up 0.9% against the dollar and now trades at $4.27 or 0.00006320 BTC.
• Uniswap (UNI) traded up 1.6% against the dollar and now trades at $7.51 or 0.00011121 BTC.
• Internet Computer (ICP) traded up 1.2% against the dollar and now trades at $7.77 or 0.00011505 BTC.
• Cronos (CRO) traded up 1.9% against the dollar and now trades at $0.0741 or 0.00000110 BTC.
• Hedera (HBAR) traded 1.7% higher against the dollar and now trades at $0.0487 or 0.00000072 BTC.
• Cosmos (ATOM) traded 0.2% higher against the dollar and now trades at $4.35 or 0.00006441 BTC.
• Fetch.ai (FET) traded up 2.2% against the dollar and now trades at $1.25 or 0.00001856 BTC.

Qtum 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 105,374,298 coins. The official website for Qtum is qtum.org. 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.

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