Qtum (QTUM) Price Hits $2.18 on Major Exchanges

Qtum (QTUM) traded 3.4% lower against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on November 2nd. One Qtum coin can currently be purchased for $2.18 or 0.00003148 BTC on popular cryptocurrency exchanges. Qtum has a market cap of $229.65 million and $26.84 million worth of Qtum was traded on exchanges in the last 24 hours. During the last week, Qtum has traded 0.4% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded 2.8% lower against the dollar and now trades at $2,489.04 or 0.03595125 BTC.
• Cardano (ADA) traded down 2% against the dollar and now trades at $0.35 or 0.00000508 BTC.
• Avalanche (AVAX) traded down 5% against the dollar and now trades at $24.21 or 0.00034972 BTC.
• NEAR Protocol (NEAR) traded 5.2% lower against the dollar and now trades at $3.87 or 0.00005591 BTC.
• Uniswap (UNI) traded down 8% against the dollar and now trades at $7.36 or 0.00010628 BTC.
• Internet Computer (ICP) traded down 4.4% against the dollar and now trades at $7.63 or 0.00011027 BTC.
• Fetch.ai (FET) traded down 8% against the dollar and now trades at $1.18 or 0.00001701 BTC.
• Cronos (CRO) traded down 2.3% against the dollar and now trades at $0.0723 or 0.00000104 BTC.
• Hedera (HBAR) traded 3.5% lower against the dollar and now trades at $0.0449 or 0.00000065 BTC.
• Cosmos (ATOM) traded 4% lower against the dollar and now trades at $4.09 or 0.00005907 BTC.

Qtum Profile

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 105,382,145 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. The official website for Qtum 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 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