Qtum (QTUM) Trading 9.9% Higher This Week

Qtum (QTUM) traded 5.8% higher against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on January 17th. One Qtum coin can currently be purchased for $3.50 or 0.00003374 BTC on popular exchanges. Qtum has a total market cap of $369.49 million and approximately $64.15 million worth of Qtum was traded on exchanges in the last 24 hours. In the last seven days, Qtum has traded up 9.9% against the U.S. dollar.

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

• Ethereum (ETH) traded 3.9% higher against the dollar and now trades at $3,425.98 or 0.03299557 BTC.
• Cardano (ADA) traded up 4.1% against the dollar and now trades at $1.12 or 0.00001083 BTC.
• Avalanche (AVAX) traded 5.7% higher against the dollar and now trades at $41.50 or 0.00039965 BTC.
• Hedera (HBAR) traded up 4.3% against the dollar and now trades at $0.37 or 0.00000358 BTC.
• Uniswap (UNI) traded up 5.2% against the dollar and now trades at $14.97 or 0.00014415 BTC.
• NEAR Protocol (NEAR) traded up 7.5% against the dollar and now trades at $5.61 or 0.00005400 BTC.
• Internet Computer (ICP) traded up 4.5% against the dollar and now trades at $11.26 or 0.00010849 BTC.
• Algorand (ALGO) traded up 2% against the dollar and now trades at $0.47 or 0.00000456 BTC.
• Cronos (CRO) traded 1.4% higher against the dollar and now trades at $0.15 or 0.00000140 BTC.
• Fetch.ai (FET) traded 5.3% higher against the dollar and now trades at $1.40 or 0.00001349 BTC.

Qtum Coin Profile

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 105,484,772 coins. 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. Qtum’s official website is qtum.org.

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 acquire Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView