Qtum Price Reaches $2.56 on Major Exchanges (QTUM)

Qtum (QTUM) traded 2.9% lower against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on October 21st. One Qtum coin can currently be purchased for approximately $2.56 or 0.00003782 BTC on major cryptocurrency exchanges. In the last week, Qtum has traded down 1.5% against the U.S. dollar. Qtum has a market capitalization of $269.98 million and $27.19 million worth of Qtum was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded 1.8% lower against the dollar and now trades at $2,680.95 or 0.03957619 BTC.
• Cardano (ADA) traded 0.2% higher against the dollar and now trades at $0.36 or 0.00000537 BTC.
• Avalanche (AVAX) traded down 2.2% against the dollar and now trades at $28.00 or 0.00041326 BTC.
• NEAR Protocol (NEAR) traded down 2.2% against the dollar and now trades at $4.84 or 0.00007147 BTC.
• Uniswap (UNI) traded 2.6% higher against the dollar and now trades at $7.92 or 0.00011687 BTC.
• Internet Computer (ICP) traded 3.4% lower against the dollar and now trades at $8.03 or 0.00011851 BTC.
• Cronos (CRO) traded down 1.3% against the dollar and now trades at $0.0780 or 0.00000115 BTC.
• Hedera (HBAR) traded down 2.8% against the dollar and now trades at $0.0534 or 0.00000079 BTC.
• Cosmos (ATOM) traded 5.7% higher against the dollar and now trades at $4.91 or 0.00007252 BTC.
• Fetch.ai (FET) traded down 3.5% against the dollar and now trades at $1.40 or 0.00002072 BTC.

Qtum Coin 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 105,366,368 coins. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. Qtum’s official Twitter account is @qtum and its Facebook page is accessible 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 purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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