Qtum (QTUM) Trading 2.2% Lower Over Last 7 Days

Qtum (QTUM) traded 2.4% higher against the US dollar during the 1-day period ending at 23:00 PM E.T. on October 29th. One Qtum coin can currently be bought for about $2.40 or 0.00003315 BTC on popular exchanges. In the last seven days, Qtum has traded down 2.2% against the US dollar. Qtum has a market capitalization of $252.46 million and approximately $30.89 million worth of Qtum was traded on exchanges in the last day.

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

  • Ethereum (ETH) traded up 0.7% against the dollar and now trades at $2,633.75 or 0.03644096 BTC.
  • Cardano (ADA) traded up 2.8% against the dollar and now trades at $0.36 or 0.00000498 BTC.
  • Avalanche (AVAX) traded down 1% against the dollar and now trades at $26.63 or 0.00036843 BTC.
  • NEAR Protocol (NEAR) traded down 0.8% against the dollar and now trades at $4.40 or 0.00006087 BTC.
  • Uniswap (UNI) traded down 0.8% against the dollar and now trades at $7.91 or 0.00010948 BTC.
  • Internet Computer (ICP) traded 0.6% higher against the dollar and now trades at $8.14 or 0.00011268 BTC.
  • Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.0760 or 0.00000105 BTC.
  • Hedera (HBAR) traded down 0.4% against the dollar and now trades at $0.0491 or 0.00000068 BTC.
  • Cosmos (ATOM) traded 1.2% lower against the dollar and now trades at $4.49 or 0.00006217 BTC.
  • Fetch.ai (FET) traded down 1.4% against the dollar and now trades at $1.32 or 0.00001822 BTC.

About Qtum

Qtum (CRYPTO:QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,377,445 coins. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. The official website for Qtum is qtum.org. 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 currently possible to purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the aforementioned exchanges.

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