Qtum Price Hits $3.01 on Exchanges (QTUM)

Qtum (QTUM) traded down 2.7% against the U.S. dollar during the one day period ending at 9:00 AM E.T. on January 1st. Qtum has a market capitalization of $317.78 million and $39.55 million worth of Qtum was traded on exchanges in the last 24 hours. During the last week, Qtum has traded down 10.3% against the U.S. dollar. One Qtum coin can currently be purchased for $3.01 or 0.00003209 BTC on major exchanges.

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

• Ethereum (ETH) traded down 2.4% against the dollar and now trades at $3,339.65 or 0.03556200 BTC.
• Cardano (ADA) traded down 0.5% against the dollar and now trades at $0.86 or 0.00000920 BTC.
• Avalanche (AVAX) traded 2.5% lower against the dollar and now trades at $35.91 or 0.00038238 BTC.
• Hedera (HBAR) traded down 2.6% against the dollar and now trades at $0.27 or 0.00000289 BTC.
• Uniswap (UNI) traded 2.9% lower against the dollar and now trades at $13.31 or 0.00014172 BTC.
• NEAR Protocol (NEAR) traded down 1.2% against the dollar and now trades at $5.04 or 0.00005371 BTC.
• Internet Computer (ICP) traded down 2.1% against the dollar and now trades at $9.97 or 0.00010616 BTC.
• Cronos (CRO) traded up 1.1% against the dollar and now trades at $0.15 or 0.00000155 BTC.
• Fetch.ai (FET) traded down 4.1% against the dollar and now trades at $1.25 or 0.00001335 BTC.
• Algorand (ALGO) traded up 0.6% against the dollar and now trades at $0.34 or 0.00000366 BTC.

About Qtum

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its genesis date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,463,088 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 possible to purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView