Qtum (QTUM) Trading 9.4% Higher Over Last 7 Days

Qtum (QTUM) traded down 0.6% against the U.S. dollar during the 24 hour period ending at 20:00 PM Eastern on October 16th. One Qtum coin can now be bought for approximately $2.54 or 0.00003743 BTC on major cryptocurrency exchanges. Qtum has a market cap of $267.68 million and $29.15 million worth of Qtum was traded on exchanges in the last 24 hours. Over the last week, Qtum has traded 9.4% higher against the U.S. dollar.

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

• Ethereum (ETH) traded 0.9% higher against the dollar and now trades at $2,622.43 or 0.03863043 BTC.
• Cardano (ADA) traded 2% lower against the dollar and now trades at $0.35 or 0.00000519 BTC.
• Avalanche (AVAX) traded 0.5% higher against the dollar and now trades at $28.14 or 0.00041448 BTC.
• NEAR Protocol (NEAR) traded down 0% against the dollar and now trades at $5.00 or 0.00007366 BTC.
• Uniswap (UNI) traded down 2.3% against the dollar and now trades at $7.60 or 0.00011195 BTC.
• Internet Computer (ICP) traded 1.5% lower against the dollar and now trades at $7.94 or 0.00011697 BTC.
• Cronos (CRO) traded up 1.3% against the dollar and now trades at $0.0788 or 0.00000116 BTC.
• Hedera (HBAR) traded 4.8% lower against the dollar and now trades at $0.0539 or 0.00000079 BTC.
• Cosmos (ATOM) traded 0.2% lower against the dollar and now trades at $4.46 or 0.00006564 BTC.
• Fetch.ai (FET) traded 1.2% lower against the dollar and now trades at $1.44 or 0.00002118 BTC.

Qtum Coin Profile

Qtum (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 105,359,758 coins. 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. 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 presently possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, 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