Qtum Trading 4.6% Higher Over Last Week (QTUM)

Qtum (QTUM) traded up 6.2% against the US dollar during the 1 day period ending at 21:00 PM E.T. on May 9th. One Qtum coin can now be purchased for about $3.74 or 0.00005966 BTC on popular exchanges. Qtum has a total market capitalization of $392.15 million and $46.77 million worth of Qtum was traded on exchanges in the last day. During the last week, Qtum has traded up 4.6% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded up 1.2% against the dollar and now trades at $3,025.87 or 0.04822070 BTC.
• Cardano (ADA) traded 0% higher against the dollar and now trades at $0.46 or 0.00000737 BTC.
• Avalanche (AVAX) traded 2.1% higher against the dollar and now trades at $35.03 or 0.00055825 BTC.
• NEAR Protocol (NEAR) traded 6.9% higher against the dollar and now trades at $7.46 or 0.00011893 BTC.
• Internet Computer (ICP) traded up 1.6% against the dollar and now trades at $12.19 or 0.00019430 BTC.
• Uniswap (UNI) traded up 1.6% against the dollar and now trades at $7.47 or 0.00011907 BTC.
• Hedera (HBAR) traded up 2.4% against the dollar and now trades at $0.11 or 0.00000175 BTC.
• Cosmos (ATOM) traded down 0.6% against the dollar and now trades at $9.11 or 0.00014518 BTC.
• Cronos (CRO) traded up 1.1% against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Fetch.ai (FET) traded up 4% against the dollar and now trades at $2.27 or 0.00003615 BTC.

Qtum Profile

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 104,755,842 coins. The official website for Qtum is qtum.org. 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.

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 presently 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView