Qtum Market Capitalization Tops $221.18 Million (QTUM)

Qtum (QTUM) traded down 0.5% against the dollar during the one day period ending at 14:00 PM ET on September 7th. Qtum has a market capitalization of $221.18 million and approximately $27.17 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can currently be bought for $2.10 or 0.00003866 BTC on major exchanges. Over the last week, Qtum has traded down 7.8% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded up 1.9% against the dollar and now trades at $2,286.32 or 0.04208287 BTC.
• Cardano (ADA) traded up 3.1% against the dollar and now trades at $0.33 or 0.00000599 BTC.
• Avalanche (AVAX) traded up 2.6% against the dollar and now trades at $21.72 or 0.00039984 BTC.
• NEAR Protocol (NEAR) traded up 3% against the dollar and now trades at $3.69 or 0.00006793 BTC.
• Uniswap (UNI) traded 6.3% higher against the dollar and now trades at $6.48 or 0.00011919 BTC.
• Internet Computer (ICP) traded up 0.2% against the dollar and now trades at $7.09 or 0.00013043 BTC.
• Cronos (CRO) traded 2.1% higher against the dollar and now trades at $0.0766 or 0.00000141 BTC.
• Hedera (HBAR) traded 2.5% higher against the dollar and now trades at $0.0483 or 0.00000089 BTC.
• Cosmos (ATOM) traded 4.3% lower against the dollar and now trades at $3.66 or 0.00006740 BTC.
• Fetch.ai (FET) traded up 0.9% against the dollar and now trades at $1.07 or 0.00001967 BTC.

Qtum Profile

Qtum (QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,306,717 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. 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.

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 presently 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 GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView