Qtum 24-Hour Trading Volume Reaches $74.01 Million (QTUM)

Qtum (QTUM) traded 8.6% lower against the dollar during the one day period ending at 9:00 AM ET on February 22nd. In the last seven days, Qtum has traded down 9.1% against the dollar. One Qtum coin can now be purchased for approximately $3.04 or 0.00003152 BTC on major cryptocurrency exchanges. Qtum has a market capitalization of $321.24 million and approximately $74.01 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 4% lower against the dollar and now trades at $2,723.52 or 0.02820113 BTC.
• Cardano (ADA) traded down 5.6% against the dollar and now trades at $0.77 or 0.00000799 BTC.
• Avalanche (AVAX) traded 2.7% lower against the dollar and now trades at $25.69 or 0.00026601 BTC.
• Hedera (HBAR) traded 5.7% lower against the dollar and now trades at $0.22 or 0.00000223 BTC.
• Uniswap (UNI) traded down 7.8% against the dollar and now trades at $8.88 or 0.00009191 BTC.
• NEAR Protocol (NEAR) traded down 2.3% against the dollar and now trades at $3.53 or 0.00003655 BTC.
• Internet Computer (ICP) traded 4.1% lower against the dollar and now trades at $7.14 or 0.00007391 BTC.
• Cronos (CRO) traded 3.5% lower against the dollar and now trades at $0.0852 or 0.00000088 BTC.
• Algorand (ALGO) traded down 7.8% against the dollar and now trades at $0.27 or 0.00000275 BTC.
• Cosmos (ATOM) traded 4.4% lower against the dollar and now trades at $4.85 or 0.00005020 BTC.

Qtum Coin Profile

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,533,284 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.”

Qtum Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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