Qtum (QTUM) Price Tops $2.81 on Exchanges

Qtum (QTUM) traded 0.3% lower against the US dollar during the twenty-four hour period ending at 7:00 AM E.T. on February 7th. One Qtum coin can now be purchased for approximately $2.81 or 0.00006556 BTC on exchanges. Qtum has a market cap of $294.60 million and $31.77 million worth of Qtum was traded on exchanges in the last 24 hours. During the last seven days, Qtum has traded 1.7% lower against the US dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

  • Ethereum (ETH) traded 1.6% higher against the dollar and now trades at $2,359.86 or 0.05501002 BTC.
  • Cardano (ADA) traded 3.3% lower against the dollar and now trades at $0.48 or 0.00001109 BTC.
  • Avalanche (AVAX) traded 0.7% higher against the dollar and now trades at $34.17 or 0.00079652 BTC.
  • Internet Computer (ICP) traded 0% higher against the dollar and now trades at $11.94 or 0.00027825 BTC.
  • Uniswap (UNI) traded 1.7% higher against the dollar and now trades at $6.25 or 0.00014577 BTC.
  • Cosmos (ATOM) traded up 2% against the dollar and now trades at $9.28 or 0.00021632 BTC.
  • NEAR Protocol (NEAR) traded 0.2% higher against the dollar and now trades at $2.71 or 0.00006319 BTC.
  • Hedera (HBAR) traded 4.5% higher against the dollar and now trades at $0.0724 or 0.00000169 BTC.
  • Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.0811 or 0.00000189 BTC.
  • Algorand (ALGO) traded 1.1% higher against the dollar and now trades at $0.16 or 0.00000374 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 104,755,842 coins. Qtum’s official website 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 currently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the exchanges listed above.

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