Qtum 24-Hour Trading Volume Reaches $74.01 Million (QTUM)

Qtum (QTUM) traded down 8.6% against the US dollar during the 24 hour period ending at 9:00 AM E.T. on February 22nd. Qtum has a total market capitalization of $321.24 million and $74.01 million worth of Qtum was traded on exchanges in the last 24 hours. Over the last seven days, Qtum has traded down 9.1% against the US dollar. One Qtum coin can currently be bought for $3.04 or 0.00003152 BTC on popular cryptocurrency exchanges.

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

• Ethereum (ETH) traded down 4% against the dollar and now trades at $2,723.52 or 0.02820113 BTC.
• Cardano (ADA) traded 5.6% lower against the dollar and now trades at $0.77 or 0.00000799 BTC.
• Avalanche (AVAX) traded down 2.7% against the dollar and now trades at $25.69 or 0.00026601 BTC.
• Hedera (HBAR) traded 5.7% lower against the dollar and now trades at $0.22 or 0.00000223 BTC.
• Uniswap (UNI) traded 7.8% lower against the dollar and now trades at $8.88 or 0.00009191 BTC.
• NEAR Protocol (NEAR) traded down 2.3% against the dollar and now trades at $3.53 or 0.00003655 BTC.
• Internet Computer (ICP) traded 4.1% lower against the dollar and now trades at $7.14 or 0.00007391 BTC.
• Cronos (CRO) traded down 3.5% against the dollar and now trades at $0.0852 or 0.00000088 BTC.
• Algorand (ALGO) traded 7.8% lower against the dollar and now trades at $0.27 or 0.00000275 BTC.
• Cosmos (ATOM) traded 4.4% lower against the dollar and now trades at $4.85 or 0.00005020 BTC.

Qtum Coin Profile

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 105,533,284 coins. The official website for Qtum is qtum.org. 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.

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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