Qtum Price Reaches $2.39 (QTUM)

Qtum (QTUM) traded down 10.4% against the dollar during the twenty-four hour period ending at 13:00 PM ET on August 1st. In the last week, Qtum has traded 3.6% lower against the dollar. Qtum has a market capitalization of $251.72 million and $34.04 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can now be bought for approximately $2.39 or 0.00003813 BTC on popular cryptocurrency exchanges.

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

• Ethereum (ETH) traded down 6.2% against the dollar and now trades at $3,092.17 or 0.04929681 BTC.
• Cardano (ADA) traded 7.1% lower against the dollar and now trades at $0.37 or 0.00000597 BTC.
• Avalanche (AVAX) traded 8.4% lower against the dollar and now trades at $24.38 or 0.00038868 BTC.
• NEAR Protocol (NEAR) traded 7.6% lower against the dollar and now trades at $4.76 or 0.00007595 BTC.
• Uniswap (UNI) traded 4.7% lower against the dollar and now trades at $6.97 or 0.00011113 BTC.
• Internet Computer (ICP) traded down 5.6% against the dollar and now trades at $8.59 or 0.00013697 BTC.
• Cronos (CRO) traded down 5% against the dollar and now trades at $0.0842 or 0.00000134 BTC.
• Cosmos (ATOM) traded 6.3% lower against the dollar and now trades at $5.57 or 0.00008884 BTC.
• Hedera (HBAR) traded 8.5% lower against the dollar and now trades at $0.0600 or 0.00000096 BTC.
• Fetch.ai (FET) traded 8.3% lower against the dollar and now trades at $1.08 or 0.00001729 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 105,256,708 coins. The official website for Qtum is qtum.org. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. Qtum’s official Twitter account is @qtum and its Facebook page is accessible 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 trade Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, 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