Qtum (QTUM) Price Tops $2.25 on Top Exchanges

Qtum (QTUM) traded up 1.3% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM ET on August 16th. During the last week, Qtum has traded up 2% against the U.S. dollar. One Qtum coin can currently be purchased for $2.25 or 0.00003806 BTC on popular exchanges. Qtum has a total market cap of $237.38 million and $2.37 million worth of Qtum was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded 1% higher against the dollar and now trades at $2,615.62 or 0.04415478 BTC.
• Cardano (ADA) traded 2.4% higher against the dollar and now trades at $0.33 or 0.00000561 BTC.
• Avalanche (AVAX) traded 2.2% higher against the dollar and now trades at $20.57 or 0.00034725 BTC.
• NEAR Protocol (NEAR) traded 0.9% higher against the dollar and now trades at $4.02 or 0.00006780 BTC.
• Uniswap (UNI) traded 6.4% higher against the dollar and now trades at $6.54 or 0.00011037 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $7.14 or 0.00012050 BTC.
• Cronos (CRO) traded 0.8% higher against the dollar and now trades at $0.0881 or 0.00000149 BTC.
• Hedera (HBAR) traded up 0.9% against the dollar and now trades at $0.0522 or 0.00000088 BTC.
• Cosmos (ATOM) traded 0.8% higher against the dollar and now trades at $4.56 or 0.00007700 BTC.
• Algorand (ALGO) traded 0.6% higher against the dollar and now trades at $0.12 or 0.00000196 BTC.

About Qtum

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 105,277,186 coins. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. The official website for Qtum is qtum.org. 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 presently possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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