Qtum (QTUM) Tops 24 Hour Trading Volume of $78.23 Million

Qtum (QTUM) traded up 1.6% against the US dollar during the 1-day period ending at 9:00 AM ET on November 22nd. One Qtum coin can now be purchased for approximately $3.29 or 0.00003363 BTC on major cryptocurrency exchanges. During the last week, Qtum has traded 18% higher against the US dollar. Qtum has a total market cap of $347.26 million and approximately $78.23 million worth of Qtum was traded on exchanges in the last day.

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

• Ethereum (ETH) traded 1.6% lower against the dollar and now trades at $3,294.91 or 0.03363587 BTC.
• Cardano (ADA) traded 11.5% higher against the dollar and now trades at $0.89 or 0.00000911 BTC.
• Avalanche (AVAX) traded up 6.3% against the dollar and now trades at $37.95 or 0.00038744 BTC.
• NEAR Protocol (NEAR) traded down 3.9% against the dollar and now trades at $5.57 or 0.00005683 BTC.
• Uniswap (UNI) traded 0.9% lower against the dollar and now trades at $9.26 or 0.00009448 BTC.
• Hedera (HBAR) traded 6.4% higher against the dollar and now trades at $0.13 or 0.00000133 BTC.
• Cronos (CRO) traded 1.2% higher against the dollar and now trades at $0.19 or 0.00000190 BTC.
• Internet Computer (ICP) traded 2.8% higher against the dollar and now trades at $9.68 or 0.00009879 BTC.
• Fetch.ai (FET) traded 4.2% lower against the dollar and now trades at $1.24 or 0.00001262 BTC.
• Cosmos (ATOM) traded up 7.1% against the dollar and now trades at $6.90 or 0.00007043 BTC.

Qtum Coin Profile

Qtum (CRYPTO:QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,409,088 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 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 Gemini, Coinbase or GDAX. 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