Qtum Hits 24 Hour Trading Volume of $34.33 Million (QTUM)

Qtum (QTUM) traded 2.2% lower against the U.S. dollar during the 1 day period ending at 0:00 AM Eastern on May 31st. During the last week, Qtum has traded 7.9% lower against the U.S. dollar. One Qtum coin can currently be purchased for $3.48 or 0.00005145 BTC on popular cryptocurrency exchanges. Qtum has a market cap of $366.24 million and $34.33 million worth of Qtum was traded on exchanges in the last 24 hours.

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

  • Ethereum (ETH) traded 0.2% higher against the dollar and now trades at $3,770.95 or 0.05571447 BTC.
  • Cardano (ADA) traded down 0.6% against the dollar and now trades at $0.45 or 0.00000660 BTC.
  • Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $35.96 or 0.00053130 BTC.
  • NEAR Protocol (NEAR) traded 1.9% lower against the dollar and now trades at $7.21 or 0.00010649 BTC.
  • Uniswap (UNI) traded down 6.8% against the dollar and now trades at $10.03 or 0.00014813 BTC.
  • Internet Computer (ICP) traded down 0.1% against the dollar and now trades at $11.96 or 0.00017670 BTC.
  • Hedera (HBAR) traded down 0.8% against the dollar and now trades at $0.0999 or 0.00000148 BTC.
  • Cosmos (ATOM) traded down 2.4% against the dollar and now trades at $8.30 or 0.00012259 BTC.
  • Cronos (CRO) traded 2.6% lower against the dollar and now trades at $0.11 or 0.00000167 BTC.
  • Fetch.ai (FET) traded 2.9% lower against the dollar and now trades at $2.13 or 0.00003143 BTC.

Qtum 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 105,173,667 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 possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the aforementioned exchanges.

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