Qtum Achieves Market Capitalization of $226.13 Million (QTUM)

Qtum (QTUM) traded down 2.7% against the dollar during the one day period ending at 8:00 AM E.T. on September 6th. During the last week, Qtum has traded 8% lower against the dollar. Qtum has a market capitalization of $226.13 million and $27.54 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be bought for $2.15 or 0.00003843 BTC on popular cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded 0.4% lower against the dollar and now trades at $2,379.65 or 0.04258372 BTC.
• Cardano (ADA) traded 2.1% lower against the dollar and now trades at $0.32 or 0.00000575 BTC.
• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $21.54 or 0.00038543 BTC.
• NEAR Protocol (NEAR) traded down 3.9% against the dollar and now trades at $3.65 or 0.00006538 BTC.
• Uniswap (UNI) traded down 0.4% against the dollar and now trades at $6.23 or 0.00011141 BTC.
• Internet Computer (ICP) traded down 2.9% against the dollar and now trades at $7.12 or 0.00012748 BTC.
• Cronos (CRO) traded 1.8% lower against the dollar and now trades at $0.0764 or 0.00000137 BTC.
• Hedera (HBAR) traded down 1.1% against the dollar and now trades at $0.0478 or 0.00000086 BTC.
• Cosmos (ATOM) traded 1.3% lower against the dollar and now trades at $3.92 or 0.00007009 BTC.
• Fetch.ai (FET) traded 4.2% lower against the dollar and now trades at $1.07 or 0.00001916 BTC.

About Qtum

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 105,305,056 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. Qtum’s official website is qtum.org. 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 possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView