Qtum Price Hits $2.71 (QTUM)

Qtum (QTUM) traded 2.1% higher against the US dollar during the twenty-four hour period ending at 10:00 AM ET on September 30th. Qtum has a total market cap of $285.11 million and approximately $39.99 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can now be purchased for $2.71 or 0.00004235 BTC on major cryptocurrency exchanges. Over the last week, Qtum has traded up 8.6% against the US dollar.

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

• Ethereum (ETH) traded down 1.1% against the dollar and now trades at $2,626.18 or 0.04109277 BTC.
• Cardano (ADA) traded down 3.1% against the dollar and now trades at $0.39 or 0.00000603 BTC.
• Avalanche (AVAX) traded down 0.8% against the dollar and now trades at $28.45 or 0.00044516 BTC.
• NEAR Protocol (NEAR) traded 1.3% lower against the dollar and now trades at $5.35 or 0.00008373 BTC.
• Uniswap (UNI) traded 3.2% higher against the dollar and now trades at $7.71 or 0.00012058 BTC.
• Internet Computer (ICP) traded 4.1% lower against the dollar and now trades at $9.25 or 0.00014481 BTC.
• Cronos (CRO) traded 1% lower against the dollar and now trades at $0.0851 or 0.00000133 BTC.
• Hedera (HBAR) traded 1.2% lower against the dollar and now trades at $0.0598 or 0.00000094 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $4.90 or 0.00007661 BTC.
• Fetch.ai (FET) traded 1.1% lower against the dollar and now trades at $1.59 or 0.00002481 BTC.

Qtum Profile

Qtum (QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,337,540 coins. 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. 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.”

Qtum Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView