Qtum Trading Down 10.1% Over Last Week (QTUM)

Qtum (QTUM) traded down 5.5% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on April 7th. Qtum has a total market cap of $184.12 million and approximately $56.98 million worth of Qtum was traded on exchanges in the last 24 hours. Over the last week, Qtum has traded down 10.1% against the U.S. dollar. One Qtum coin can currently be purchased for approximately $1.74 or 0.00002222 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded down 11.1% against the dollar and now trades at $1,557.44 or 0.01984505 BTC.
• Cardano (ADA) traded 7.3% lower against the dollar and now trades at $0.58 or 0.00000736 BTC.
• Cronos (CRO) traded down 6.5% against the dollar and now trades at $0.0830 or 0.00000106 BTC.
• Avalanche (AVAX) traded down 2.8% against the dollar and now trades at $16.49 or 0.00021013 BTC.
• Hedera (HBAR) traded down 5.2% against the dollar and now trades at $0.15 or 0.00000186 BTC.
• Uniswap (UNI) traded down 7.8% against the dollar and now trades at $5.15 or 0.00006557 BTC.
• NEAR Protocol (NEAR) traded 5.8% lower against the dollar and now trades at $2.18 or 0.00002772 BTC.
• Internet Computer (ICP) traded 4.8% lower against the dollar and now trades at $4.64 or 0.00005911 BTC.
• Cosmos (ATOM) traded down 6.1% against the dollar and now trades at $4.42 or 0.00005630 BTC.
• Algorand (ALGO) traded 3.8% lower against the dollar and now trades at $0.17 or 0.00000214 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 105,592,716 coins. 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. The official website for Qtum is qtum.org.

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 buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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