Qtum Trading Down 4.8% Over Last Week (QTUM)

Qtum (QTUM) traded down 0.3% against the US dollar during the 1 day period ending at 16:00 PM E.T. on November 1st. One Qtum coin can now be bought for $2.21 or 0.00003191 BTC on cryptocurrency exchanges. Qtum has a total market cap of $232.69 million and approximately $28.24 million worth of Qtum was traded on exchanges in the last 24 hours. During the last week, Qtum has traded 4.8% lower against the US dollar.

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

• Ethereum (ETH) traded down 0.2% against the dollar and now trades at $2,512.19 or 0.03630346 BTC.
• Cardano (ADA) traded 3.6% higher against the dollar and now trades at $0.35 or 0.00000512 BTC.
• Avalanche (AVAX) traded 0.3% higher against the dollar and now trades at $24.81 or 0.00035856 BTC.
• NEAR Protocol (NEAR) traded down 1.8% against the dollar and now trades at $3.97 or 0.00005732 BTC.
• Uniswap (UNI) traded 1.1% higher against the dollar and now trades at $7.59 or 0.00010963 BTC.
• Internet Computer (ICP) traded 0.2% higher against the dollar and now trades at $7.82 or 0.00011300 BTC.
• Fetch.ai (FET) traded 3.4% lower against the dollar and now trades at $1.23 or 0.00001784 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0729 or 0.00000105 BTC.
• Hedera (HBAR) traded 0.5% lower against the dollar and now trades at $0.0456 or 0.00000066 BTC.
• Cosmos (ATOM) traded 1% lower against the dollar and now trades at $4.17 or 0.00006023 BTC.

About Qtum

Qtum (CRYPTO:QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,381,104 coins. Qtum’s official website 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 purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX 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