Qtum (QTUM) Trading 9.4% Lower Over Last 7 Days

Qtum (QTUM) traded 2% higher against the dollar during the 1-day period ending at 23:00 PM ET on April 19th. In the last seven days, Qtum has traded down 9.4% against the dollar. One Qtum coin can currently be bought for approximately $4.04 or 0.00006316 BTC on popular cryptocurrency exchanges. Qtum has a market capitalization of $423.21 million and approximately $65.99 million worth of Qtum was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Ethereum (ETH) traded 2.3% higher against the dollar and now trades at $3,054.55 or 0.04775686 BTC.
• Cardano (ADA) traded up 8% against the dollar and now trades at $0.48 or 0.00000748 BTC.
• Avalanche (AVAX) traded up 4.2% against the dollar and now trades at $35.07 or 0.00054832 BTC.
• Internet Computer (ICP) traded up 14.5% against the dollar and now trades at $14.24 or 0.00022267 BTC.
• NEAR Protocol (NEAR) traded up 3% against the dollar and now trades at $5.63 or 0.00008807 BTC.
• Uniswap (UNI) traded up 6.4% against the dollar and now trades at $7.57 or 0.00011840 BTC.
• Cronos (CRO) traded up 3.3% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded up 3.3% against the dollar and now trades at $8.22 or 0.00012857 BTC.
• Hedera (HBAR) traded up 0.4% against the dollar and now trades at $0.0806 or 0.00000126 BTC.
• Fetch.ai (FET) traded 9.2% higher against the dollar and now trades at $2.15 or 0.00003364 BTC.

Qtum Profile

Qtum (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 currently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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