Qtum (QTUM) Trading 7.8% Lower Over Last 7 Days

Qtum (QTUM) traded down 0.5% against the dollar during the 24 hour period ending at 14:00 PM ET on September 7th. In the last seven days, Qtum has traded 7.8% lower against the dollar. One Qtum coin can currently be bought for about $2.10 or 0.00003866 BTC on cryptocurrency exchanges. Qtum has a total market cap of $221.18 million and $27.17 million worth of Qtum was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Ethereum (ETH) traded up 1.9% against the dollar and now trades at $2,286.32 or 0.04208287 BTC.
• Cardano (ADA) traded up 3.1% against the dollar and now trades at $0.33 or 0.00000599 BTC.
• Avalanche (AVAX) traded 2.6% higher against the dollar and now trades at $21.72 or 0.00039984 BTC.
• NEAR Protocol (NEAR) traded 3% higher against the dollar and now trades at $3.69 or 0.00006793 BTC.
• Uniswap (UNI) traded up 6.3% against the dollar and now trades at $6.48 or 0.00011919 BTC.
• Internet Computer (ICP) traded up 0.2% against the dollar and now trades at $7.09 or 0.00013043 BTC.
• Cronos (CRO) traded up 2.1% against the dollar and now trades at $0.0766 or 0.00000141 BTC.
• Hedera (HBAR) traded 2.5% higher against the dollar and now trades at $0.0483 or 0.00000089 BTC.
• Cosmos (ATOM) traded down 4.3% against the dollar and now trades at $3.66 or 0.00006740 BTC.
• Fetch.ai (FET) traded 0.9% higher against the dollar and now trades at $1.07 or 0.00001967 BTC.

Qtum Profile

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 105,306,717 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 purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView