Qtum (QTUM) Price Tops $0.74 on Major Exchanges

Qtum (QTUM) traded 4.8% higher against the U.S. dollar during the twenty-four hour period ending at 11:00 AM E.T. on July 23rd. Over the last week, Qtum has traded 8.6% higher against the U.S. dollar. One Qtum coin can currently be purchased for about $0.74 or 0.00001138 BTC on cryptocurrency exchanges. Qtum has a total market capitalization of $78.25 million and approximately $12.38 million worth of Qtum was traded on exchanges in the last day.

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

• Ethereum (ETH) traded down 1.8% against the dollar and now trades at $1,893.31 or 0.02920857 BTC.
• Cardano (ADA) traded 2.5% lower against the dollar and now trades at $0.17 or 0.00000263 BTC.
• Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0575 or 0.00000089 BTC.
• Hedera (HBAR) traded down 0.6% against the dollar and now trades at $0.0714 or 0.00000110 BTC.
• Avalanche (AVAX) traded down 1.5% against the dollar and now trades at $6.46 or 0.00009964 BTC.
• Uniswap (UNI) traded 0.4% higher against the dollar and now trades at $3.77 or 0.00005809 BTC.
• NEAR Protocol (NEAR) traded 0.1% lower against the dollar and now trades at $1.88 or 0.00002902 BTC.
• Internet Computer (ICP) traded 1.6% lower against the dollar and now trades at $2.16 or 0.00003326 BTC.
• Cosmos (ATOM) traded down 1.5% against the dollar and now trades at $1.44 or 0.00002222 BTC.
• Algorand (ALGO) traded 1.7% lower against the dollar and now trades at $0.0819 or 0.00000126 BTC.

Qtum Profile

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It was first traded on March 11th, 2017. Qtum’s total supply is 107,822,406 coins and its circulating supply is 106,071,422 coins. Qtum’s official message board is qtum.org/blog. 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. Qtum’s official website is qtum.org.

According to CryptoCompare, “Qtum is a decentralized blockchain platform with dApp and turing-complete smart contract functionalities while still maintaining an Unspent Transaction Output (UTXO) transaction model. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) which allows specific blockchain settings to be modified by making use of smart contracts. QTUM is the underlying value token in the Qtum blockchain. Telegram, Facebook, YouTube, Weibo, GitHub, RedditWhitepaper”

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 Coinbase, Gemini 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