Qtum (QTUM) 24-Hour Volume Hits $29.69 Million

Qtum (QTUM) traded 4% lower against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on August 26th. Qtum has a market cap of $264.11 million and $29.69 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can now be purchased for about $2.51 or 0.00003976 BTC on cryptocurrency exchanges. During the last week, Qtum has traded up 3% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded 2.4% lower against the dollar and now trades at $2,685.40 or 0.04256831 BTC.
• Cardano (ADA) traded down 3.7% against the dollar and now trades at $0.37 or 0.00000587 BTC.
• Avalanche (AVAX) traded 1.1% lower against the dollar and now trades at $26.32 or 0.00041728 BTC.
• NEAR Protocol (NEAR) traded 0.7% lower against the dollar and now trades at $4.87 or 0.00007726 BTC.
• Internet Computer (ICP) traded down 2.9% against the dollar and now trades at $8.19 or 0.00012988 BTC.
• Uniswap (UNI) traded down 4.3% against the dollar and now trades at $6.33 or 0.00010037 BTC.
• Cronos (CRO) traded 2.6% lower against the dollar and now trades at $0.0858 or 0.00000136 BTC.
• Hedera (HBAR) traded down 3.3% against the dollar and now trades at $0.0567 or 0.00000090 BTC.
• Cosmos (ATOM) traded down 2% against the dollar and now trades at $4.95 or 0.00007842 BTC.
• Fetch.ai (FET) traded up 1% against the dollar and now trades at $1.37 or 0.00002176 BTC.

Qtum Coin Profile

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 105,290,963 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 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView