Qtum Trading Down 4.8% Over Last Week (QTUM)

Qtum (QTUM) traded 0.3% lower against the dollar during the one day period ending at 16:00 PM Eastern on November 1st. In the last seven days, Qtum has traded down 4.8% against the dollar. One Qtum coin can currently be bought for about $2.21 or 0.00003191 BTC on popular exchanges. Qtum has a total market capitalization of $232.69 million and approximately $28.24 million worth of Qtum was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded down 0.2% against the dollar and now trades at $2,512.19 or 0.03630346 BTC.
• Cardano (ADA) traded up 3.6% against the dollar and now trades at $0.35 or 0.00000512 BTC.
• Avalanche (AVAX) traded 0.3% higher against the dollar and now trades at $24.81 or 0.00035856 BTC.
• NEAR Protocol (NEAR) traded 1.8% lower against the dollar and now trades at $3.97 or 0.00005732 BTC.
• Uniswap (UNI) traded 1.1% higher against the dollar and now trades at $7.59 or 0.00010963 BTC.
• Internet Computer (ICP) traded 0.2% higher against the dollar and now trades at $7.82 or 0.00011300 BTC.
• Fetch.ai (FET) traded down 3.4% against the dollar and now trades at $1.23 or 0.00001784 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0729 or 0.00000105 BTC.
• Hedera (HBAR) traded down 0.5% against the dollar and now trades at $0.0456 or 0.00000066 BTC.
• Cosmos (ATOM) traded down 1% against the dollar and now trades at $4.17 or 0.00006023 BTC.

About 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 105,381,104 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. Qtum’s official website 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 trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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