Qtum (QTUM) Hits 24 Hour Trading Volume of $28.24 Million

Qtum (QTUM) traded 0.6% lower against the US dollar during the 24-hour period ending at 17:00 PM E.T. on October 28th. One Qtum coin can currently be purchased for $2.24 or 0.00003212 BTC on major exchanges. Over the last seven days, Qtum has traded down 12.6% against the US dollar. Qtum has a total market cap of $235.69 million and $28.24 million worth of Qtum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Ethereum (ETH) traded 1% higher against the dollar and now trades at $2,515.20 or 0.03611543 BTC.
• Cardano (ADA) traded 1.1% higher against the dollar and now trades at $0.34 or 0.00000493 BTC.
• Avalanche (AVAX) traded 1.3% higher against the dollar and now trades at $25.93 or 0.00037229 BTC.
• NEAR Protocol (NEAR) traded 1.6% lower against the dollar and now trades at $4.24 or 0.00006089 BTC.
• Uniswap (UNI) traded 2.4% higher against the dollar and now trades at $7.64 or 0.00010974 BTC.
• Internet Computer (ICP) traded down 1.4% against the dollar and now trades at $7.72 or 0.00011083 BTC.
• Cronos (CRO) traded down 0.6% against the dollar and now trades at $0.0738 or 0.00000106 BTC.
• Hedera (HBAR) traded 1.2% lower against the dollar and now trades at $0.0481 or 0.00000069 BTC.
• Cosmos (ATOM) traded up 0.3% against the dollar and now trades at $4.39 or 0.00006302 BTC.
• Fetch.ai (FET) traded 1.2% lower against the dollar and now trades at $1.24 or 0.00001785 BTC.

Qtum Coin Profile

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It was first traded on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,375,762 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 presently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView