Qtum (QTUM) Tops 24 Hour Trading Volume of $78.23 Million

Qtum (QTUM) traded 1.6% higher against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on November 22nd. One Qtum coin can now be purchased for $3.29 or 0.00003363 BTC on popular exchanges. In the last seven days, Qtum has traded 18% higher against the U.S. dollar. Qtum has a total market capitalization of $347.26 million and approximately $78.23 million worth of Qtum was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Ethereum (ETH) traded down 1.6% against the dollar and now trades at $3,294.91 or 0.03363587 BTC.
• Cardano (ADA) traded 11.5% higher against the dollar and now trades at $0.89 or 0.00000911 BTC.
• Avalanche (AVAX) traded up 6.3% against the dollar and now trades at $37.95 or 0.00038744 BTC.
• NEAR Protocol (NEAR) traded 3.9% lower against the dollar and now trades at $5.57 or 0.00005683 BTC.
• Uniswap (UNI) traded down 0.9% against the dollar and now trades at $9.26 or 0.00009448 BTC.
• Hedera (HBAR) traded up 6.4% against the dollar and now trades at $0.13 or 0.00000133 BTC.
• Cronos (CRO) traded 1.2% higher against the dollar and now trades at $0.19 or 0.00000190 BTC.
• Internet Computer (ICP) traded up 2.8% against the dollar and now trades at $9.68 or 0.00009879 BTC.
• Fetch.ai (FET) traded down 4.2% against the dollar and now trades at $1.24 or 0.00001262 BTC.
• Cosmos (ATOM) traded up 7.1% against the dollar and now trades at $6.90 or 0.00007043 BTC.

Qtum Profile

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 105,409,088 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 currently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView