Qtum Reaches Market Capitalization of $426.01 Million (QTUM)

Qtum (QTUM) traded 0.3% higher against the US dollar during the 1 day period ending at 17:00 PM ET on April 19th. Over the last week, Qtum has traded 12.6% lower against the US dollar. Qtum has a market cap of $426.01 million and $90.72 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be purchased for about $4.07 or 0.00006317 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded 0.9% higher against the dollar and now trades at $3,095.68 or 0.04808478 BTC.
• Cardano (ADA) traded 3.6% higher against the dollar and now trades at $0.47 or 0.00000734 BTC.
• Avalanche (AVAX) traded up 0.7% against the dollar and now trades at $35.21 or 0.00054697 BTC.
• Internet Computer (ICP) traded up 12.7% against the dollar and now trades at $14.26 or 0.00022152 BTC.
• NEAR Protocol (NEAR) traded down 1.9% against the dollar and now trades at $5.60 or 0.00008701 BTC.
• Uniswap (UNI) traded up 3.9% against the dollar and now trades at $7.58 or 0.00011775 BTC.
• Cronos (CRO) traded up 1.2% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded 0.3% lower against the dollar and now trades at $8.24 or 0.00012807 BTC.
• Hedera (HBAR) traded 0.8% lower against the dollar and now trades at $0.0818 or 0.00000127 BTC.
• Fetch.ai (FET) traded 4% higher against the dollar and now trades at $2.15 or 0.00003334 BTC.

Qtum Coin Profile

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 104,755,842 coins. Qtum’s official website is qtum.org. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. 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 U.S. dollars. Investors seeking to acquire Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView