Qtum (QTUM) Price Hits $2.35 on Exchanges

Qtum (QTUM) traded up 7.5% against the dollar during the 1-day period ending at 17:00 PM Eastern on November 6th. Over the last week, Qtum has traded 0.6% lower against the dollar. Qtum has a market cap of $246.71 million and $35.13 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be bought for approximately $2.35 or 0.00003101 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded 11.3% higher against the dollar and now trades at $2,704.69 or 0.03569674 BTC.
• Cardano (ADA) traded up 7.9% against the dollar and now trades at $0.36 or 0.00000475 BTC.
• Avalanche (AVAX) traded up 11.6% against the dollar and now trades at $26.75 or 0.00035303 BTC.
• Uniswap (UNI) traded 32.4% higher against the dollar and now trades at $9.44 or 0.00012463 BTC.
• NEAR Protocol (NEAR) traded up 10.5% against the dollar and now trades at $4.21 or 0.00005558 BTC.
• Internet Computer (ICP) traded up 6.6% against the dollar and now trades at $7.87 or 0.00010386 BTC.
• Fetch.ai (FET) traded up 14.1% against the dollar and now trades at $1.42 or 0.00001873 BTC.
• Cronos (CRO) traded up 18.4% against the dollar and now trades at $0.0853 or 0.00000113 BTC.
• Hedera (HBAR) traded up 6.5% against the dollar and now trades at $0.0488 or 0.00000064 BTC.
• Cosmos (ATOM) traded up 7.6% against the dollar and now trades at $4.49 or 0.00005926 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 105,001,016 coins. The official website for Qtum 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 possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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