Qtum 24 Hour Volume Reaches $87.32 Million (QTUM)

Qtum (QTUM) traded 3.8% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM E.T. on April 18th. Qtum has a market capitalization of $408.04 million and $87.32 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can now be purchased for about $3.90 or 0.00006368 BTC on popular exchanges. In the last week, Qtum has traded 25.2% lower against the U.S. dollar.

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

• Ethereum (ETH) traded down 1.2% against the dollar and now trades at $2,953.40 or 0.04828534 BTC.
• Cardano (ADA) traded down 1.9% against the dollar and now trades at $0.44 or 0.00000714 BTC.
• Avalanche (AVAX) traded 2.1% lower against the dollar and now trades at $33.01 or 0.00053970 BTC.
• NEAR Protocol (NEAR) traded up 0.6% against the dollar and now trades at $5.46 or 0.00008927 BTC.
• Internet Computer (ICP) traded 2.6% higher against the dollar and now trades at $12.23 or 0.00019997 BTC.
• Uniswap (UNI) traded 0.2% higher against the dollar and now trades at $6.92 or 0.00011320 BTC.
• Cronos (CRO) traded down 3.4% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $7.85 or 0.00012832 BTC.
• Hedera (HBAR) traded 0.1% lower against the dollar and now trades at $0.0785 or 0.00000128 BTC.
• Fetch.ai (FET) traded 2.6% lower against the dollar and now trades at $1.93 or 0.00003163 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 104,755,842 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. Qtum’s official website is qtum.org. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed 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 possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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