Qtum (QTUM) Hits 24 Hour Trading Volume of $37.99 Million

Qtum (QTUM) traded 0.6% higher against the U.S. dollar during the one day period ending at 10:00 AM ET on March 26th. Qtum has a total market capitalization of $236.20 million and $37.99 million worth of Qtum was traded on exchanges in the last day. During the last seven days, Qtum has traded 0.9% lower against the U.S. dollar. One Qtum coin can currently be bought for about $2.24 or 0.00002563 BTC on major cryptocurrency exchanges.

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

• Ethereum (ETH) traded 1% lower against the dollar and now trades at $2,039.95 or 0.02336809 BTC.
• Cardano (ADA) traded up 0.5% against the dollar and now trades at $0.76 or 0.00000867 BTC.
• Avalanche (AVAX) traded down 0.4% against the dollar and now trades at $22.38 or 0.00025641 BTC.
• Hedera (HBAR) traded 1.8% lower against the dollar and now trades at $0.20 or 0.00000225 BTC.
• Uniswap (UNI) traded 0.7% lower against the dollar and now trades at $6.95 or 0.00007963 BTC.
• NEAR Protocol (NEAR) traded 0.8% higher against the dollar and now trades at $3.03 or 0.00003469 BTC.
• Internet Computer (ICP) traded 1.8% higher against the dollar and now trades at $6.22 or 0.00007130 BTC.
• Cronos (CRO) traded up 3.2% against the dollar and now trades at $0.10 or 0.00000119 BTC.
• Cosmos (ATOM) traded up 1.8% against the dollar and now trades at $4.94 or 0.00005655 BTC.
• Algorand (ALGO) traded 1.2% higher against the dollar and now trades at $0.21 or 0.00000241 BTC.

Qtum Coin Profile

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 105,576,484 coins. The official website for Qtum is qtum.org. 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.

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 US dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, 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