Qtum (QTUM) Price Reaches $2.25 on Exchanges

Qtum (QTUM) traded 9.4% higher against the U.S. dollar during the one day period ending at 19:00 PM Eastern on August 8th. During the last seven days, Qtum has traded down 10.8% against the U.S. dollar. One Qtum coin can currently be bought for approximately $2.25 or 0.00003623 BTC on exchanges. Qtum has a total market capitalization of $237.33 million and $32.11 million worth of Qtum was traded on exchanges in the last 24 hours.

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

• Ethereum (ETH) traded up 14.4% against the dollar and now trades at $2,700.61 or 0.04340161 BTC.
• Cardano (ADA) traded up 8.1% against the dollar and now trades at $0.35 or 0.00000567 BTC.
• Avalanche (AVAX) traded 13.4% higher against the dollar and now trades at $22.70 or 0.00036480 BTC.
• NEAR Protocol (NEAR) traded up 12.9% against the dollar and now trades at $4.08 or 0.00006555 BTC.
• Uniswap (UNI) traded up 10.8% against the dollar and now trades at $6.30 or 0.00010130 BTC.
• Internet Computer (ICP) traded 8.6% higher against the dollar and now trades at $7.68 or 0.00012338 BTC.
• Cronos (CRO) traded up 10.5% against the dollar and now trades at $0.0860 or 0.00000138 BTC.
• Hedera (HBAR) traded up 14.1% against the dollar and now trades at $0.0591 or 0.00000095 BTC.
• Cosmos (ATOM) traded up 5.9% against the dollar and now trades at $5.15 or 0.00008277 BTC.
• Algorand (ALGO) traded up 10.9% against the dollar and now trades at $0.12 or 0.00000197 BTC.

Qtum Profile

Qtum (CRYPTO: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 105,266,525 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.”

Qtum Coin Trading

It is usually not 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView