Qtum (QTUM) Trading Down 5.3% Over Last 7 Days

Qtum (QTUM) traded 5.7% lower against the US dollar during the 1 day period ending at 14:00 PM Eastern on October 31st. One Qtum coin can now be purchased for $2.24 or 0.00003172 BTC on popular cryptocurrency exchanges. Qtum has a market capitalization of $236.40 million and approximately $27.62 million worth of Qtum was traded on exchanges in the last day. In the last seven days, Qtum has traded down 5.3% against the US dollar.

Here is how other cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded 5% lower against the dollar and now trades at $2,540.60 or 0.03592474 BTC.
• Cardano (ADA) traded down 3.4% against the dollar and now trades at $0.34 or 0.00000486 BTC.
• Avalanche (AVAX) traded down 4.2% against the dollar and now trades at $25.08 or 0.00035457 BTC.
• NEAR Protocol (NEAR) traded 5.6% lower against the dollar and now trades at $4.09 or 0.00005783 BTC.
• Uniswap (UNI) traded down 7.9% against the dollar and now trades at $7.61 or 0.00010756 BTC.
• Internet Computer (ICP) traded 2.1% lower against the dollar and now trades at $7.88 or 0.00011144 BTC.
• Fetch.ai (FET) traded down 1.5% against the dollar and now trades at $1.28 or 0.00001806 BTC.
• Cronos (CRO) traded down 2.6% against the dollar and now trades at $0.0735 or 0.00000104 BTC.
• Hedera (HBAR) traded 4.8% lower against the dollar and now trades at $0.0461 or 0.00000065 BTC.
• Cosmos (ATOM) traded down 4.2% against the dollar and now trades at $4.25 or 0.00006004 BTC.

About Qtum

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 105,379,614 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed 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 U.S. dollars. Investors seeking to trade Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView