Qtum Price Tops $2.85 (QTUM)

Qtum (QTUM) traded 0.7% lower against the U.S. dollar during the one day period ending at 9:00 AM ET on February 10th. One Qtum coin can now be bought for $2.85 or 0.00002902 BTC on popular cryptocurrency exchanges. Over the last week, Qtum has traded up 7.7% against the U.S. dollar. Qtum has a total market capitalization of $300.55 million and approximately $78.25 million worth of Qtum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Ethereum (ETH) traded up 2.4% against the dollar and now trades at $2,681.67 or 0.02732427 BTC.
• Cardano (ADA) traded up 4% against the dollar and now trades at $0.71 or 0.00000723 BTC.
• Avalanche (AVAX) traded up 5.2% against the dollar and now trades at $25.84 or 0.00026332 BTC.
• Hedera (HBAR) traded 5.7% higher against the dollar and now trades at $0.24 or 0.00000246 BTC.
• Uniswap (UNI) traded 2.9% higher against the dollar and now trades at $9.29 or 0.00009463 BTC.
• NEAR Protocol (NEAR) traded up 1.3% against the dollar and now trades at $3.28 or 0.00003344 BTC.
• Internet Computer (ICP) traded 4.3% higher against the dollar and now trades at $7.19 or 0.00007323 BTC.
• Cronos (CRO) traded 0.6% higher against the dollar and now trades at $0.0939 or 0.00000096 BTC.
• Algorand (ALGO) traded up 9.1% against the dollar and now trades at $0.30 or 0.00000301 BTC.
• Fetch.ai (FET) traded 6.1% higher against the dollar and now trades at $0.79 or 0.00000805 BTC.

Qtum Coin Profile

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its genesis date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,517,087 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.”

Buying and Selling Qtum

It is usually not 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 Coinbase, Changelly 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