Qtum (QTUM) Trading Down 3.8% Over Last 7 Days

Qtum (QTUM) traded up 7.7% against the dollar during the 24-hour period ending at 12:00 PM ET on February 25th. During the last week, Qtum has traded down 3.8% against the dollar. One Qtum coin can currently be bought for approximately $0.94 or 0.00001390 BTC on cryptocurrency exchanges. Qtum has a market cap of $99.55 million and $12.91 million worth of Qtum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded 8.9% higher against the dollar and now trades at $2,021.43 or 0.02990211 BTC.
• Cardano (ADA) traded up 12% against the dollar and now trades at $0.29 or 0.00000433 BTC.
• Cronos (CRO) traded up 5.4% against the dollar and now trades at $0.0789 or 0.00000117 BTC.
• Hedera (HBAR) traded up 6% against the dollar and now trades at $0.10 or 0.00000150 BTC.
• Avalanche (AVAX) traded up 14.1% against the dollar and now trades at $9.58 or 0.00014167 BTC.
• Uniswap (UNI) traded 16.8% higher against the dollar and now trades at $3.95 or 0.00005845 BTC.
• NEAR Protocol (NEAR) traded 13% higher against the dollar and now trades at $1.11 or 0.00001643 BTC.
• Internet Computer (ICP) traded up 9.4% against the dollar and now trades at $2.33 or 0.00003443 BTC.
• Cosmos (ATOM) traded 2.1% higher against the dollar and now trades at $2.09 or 0.00003095 BTC.
• Algorand (ALGO) traded 8.2% higher against the dollar and now trades at $0.0915 or 0.00000135 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 105,971,608 coins. The official website for Qtum 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 currently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView