Qtum Trading Down 7.4% Over Last Week (QTUM)

Qtum (QTUM) traded down 2.7% against the dollar during the twenty-four hour period ending at 14:00 PM E.T. on September 6th. One Qtum coin can now be purchased for approximately $2.12 or 0.00003903 BTC on popular cryptocurrency exchanges. Qtum has a total market capitalization of $222.86 million and $28.12 million worth of Qtum was traded on exchanges in the last day. During the last seven days, Qtum has traded 7.4% lower against the dollar.

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

• Ethereum (ETH) traded 4.9% lower against the dollar and now trades at $2,263.64 or 0.04175013 BTC.
• Cardano (ADA) traded 2.3% lower against the dollar and now trades at $0.32 or 0.00000584 BTC.
• Avalanche (AVAX) traded down 1.2% against the dollar and now trades at $21.30 or 0.00039289 BTC.
• NEAR Protocol (NEAR) traded down 4.6% against the dollar and now trades at $3.60 or 0.00006632 BTC.
• Uniswap (UNI) traded 1.9% lower against the dollar and now trades at $6.12 or 0.00011287 BTC.
• Internet Computer (ICP) traded 2.7% lower against the dollar and now trades at $7.10 or 0.00013089 BTC.
• Cronos (CRO) traded 2.7% lower against the dollar and now trades at $0.0754 or 0.00000139 BTC.
• Hedera (HBAR) traded down 2% against the dollar and now trades at $0.0473 or 0.00000087 BTC.
• Cosmos (ATOM) traded 1.5% lower against the dollar and now trades at $3.85 or 0.00007099 BTC.
• Fetch.ai (FET) traded 1.3% lower against the dollar and now trades at $1.07 or 0.00001966 BTC.

Qtum Coin Profile

Qtum (CRYPTO: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 105,305,366 coins. The official website for Qtum is qtum.org. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. 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 acquire Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView