Qtum (QTUM) Price Reaches $3.06 on Exchanges

Qtum (QTUM) traded down 1.7% against the US dollar during the 24-hour period ending at 9:00 AM E.T. on January 21st. One Qtum coin can now be purchased for approximately $3.06 or 0.00002929 BTC on cryptocurrency exchanges. Qtum has a total market capitalization of $322.37 million and $56.98 million worth of Qtum was traded on exchanges in the last day. During the last seven days, Qtum has traded 3% lower against the US dollar.

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

• Ethereum (ETH) traded down 1% against the dollar and now trades at $3,300.79 or 0.03163319 BTC.
• Cardano (ADA) traded down 7.1% against the dollar and now trades at $0.99 or 0.00000948 BTC.
• Avalanche (AVAX) traded 3.3% lower against the dollar and now trades at $36.39 or 0.00034873 BTC.
• Hedera (HBAR) traded down 8.1% against the dollar and now trades at $0.33 or 0.00000320 BTC.
• Uniswap (UNI) traded 3.9% lower against the dollar and now trades at $13.49 or 0.00012930 BTC.
• NEAR Protocol (NEAR) traded 4.5% lower against the dollar and now trades at $5.13 or 0.00004915 BTC.
• Internet Computer (ICP) traded down 3.3% against the dollar and now trades at $9.72 or 0.00009311 BTC.
• Cronos (CRO) traded 1.6% higher against the dollar and now trades at $0.14 or 0.00000130 BTC.
• Algorand (ALGO) traded 8.4% lower against the dollar and now trades at $0.42 or 0.00000406 BTC.
• Fetch.ai (FET) traded down 1% against the dollar and now trades at $1.21 or 0.00001159 BTC.

About Qtum

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 105,490,120 coins. 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. 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 trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView