Qtum (QTUM) Price Reaches $2.23 on Exchanges

Qtum (QTUM) traded up 1.5% against the U.S. dollar during the 1-day period ending at 22:00 PM E.T. on November 1st. Qtum has a market capitalization of $235.03 million and approximately $27.90 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can now be bought for about $2.23 or 0.00003196 BTC on cryptocurrency exchanges. In the last week, Qtum has traded 0% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded 0.9% higher against the dollar and now trades at $2,517.63 or 0.03607328 BTC.
• Cardano (ADA) traded up 6.9% against the dollar and now trades at $0.36 or 0.00000517 BTC.
• Avalanche (AVAX) traded up 0.5% against the dollar and now trades at $24.94 or 0.00035734 BTC.
• NEAR Protocol (NEAR) traded down 0.7% against the dollar and now trades at $3.97 or 0.00005690 BTC.
• Uniswap (UNI) traded 1% higher against the dollar and now trades at $7.73 or 0.00011082 BTC.
• Internet Computer (ICP) traded up 1.4% against the dollar and now trades at $7.92 or 0.00011353 BTC.
• Fetch.ai (FET) traded 2.4% lower against the dollar and now trades at $1.24 or 0.00001772 BTC.
• Cronos (CRO) traded up 1.2% against the dollar and now trades at $0.0737 or 0.00000106 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0459 or 0.00000066 BTC.
• Cosmos (ATOM) traded up 0.7% against the dollar and now trades at $4.21 or 0.00006031 BTC.

Qtum Profile

Qtum (CRYPTO: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 105,381,442 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 trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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