Qtum (QTUM) Price Tops $2.12 on Top Exchanges

Qtum (QTUM) traded down 1.6% against the dollar during the 24-hour period ending at 0:00 AM E.T. on November 3rd. Qtum has a market cap of $223.52 million and approximately $27.48 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can currently be bought for $2.12 or 0.00003083 BTC on major exchanges. In the last seven days, Qtum has traded 4.3% lower against the dollar.

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

• Ethereum (ETH) traded 0.5% higher against the dollar and now trades at $2,459.48 or 0.03575308 BTC.
• Cardano (ADA) traded 3.5% lower against the dollar and now trades at $0.33 or 0.00000480 BTC.
• Avalanche (AVAX) traded 0.6% lower against the dollar and now trades at $23.52 or 0.00034196 BTC.
• NEAR Protocol (NEAR) traded down 3% against the dollar and now trades at $3.65 or 0.00005306 BTC.
• Uniswap (UNI) traded 3.4% lower against the dollar and now trades at $6.94 or 0.00010085 BTC.
• Internet Computer (ICP) traded down 2.1% against the dollar and now trades at $7.16 or 0.00010409 BTC.
• Fetch.ai (FET) traded 3.5% lower against the dollar and now trades at $1.13 or 0.00001649 BTC.
• Cronos (CRO) traded down 0.6% against the dollar and now trades at $0.0714 or 0.00000104 BTC.
• Hedera (HBAR) traded 2.3% lower against the dollar and now trades at $0.0428 or 0.00000062 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $3.95 or 0.00005739 BTC.

Qtum Coin Profile

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It was first traded on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,384,341 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. The official website for Qtum 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.”

Qtum Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire 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