Qtum (QTUM) Price Reaches $2.33 on Exchanges

Qtum (QTUM) traded 3.4% lower against the dollar during the 24-hour period ending at 7:00 AM ET on October 24th. One Qtum coin can now be purchased for about $2.33 or 0.00003473 BTC on cryptocurrency exchanges. In the last seven days, Qtum has traded 5.3% lower against the dollar. Qtum has a total market capitalization of $245.35 million and approximately $25.09 million worth of Qtum was traded on exchanges in the last day.

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

• Ethereum (ETH) traded 2.3% lower against the dollar and now trades at $2,525.46 or 0.03767199 BTC.
• Cardano (ADA) traded 3.8% lower against the dollar and now trades at $0.34 or 0.00000511 BTC.
• Avalanche (AVAX) traded down 0.7% against the dollar and now trades at $26.54 or 0.00039592 BTC.
• NEAR Protocol (NEAR) traded up 0.4% against the dollar and now trades at $4.62 or 0.00006890 BTC.
• Uniswap (UNI) traded 4.6% higher against the dollar and now trades at $8.07 or 0.00012040 BTC.
• Internet Computer (ICP) traded 1.7% higher against the dollar and now trades at $8.14 or 0.00012146 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0757 or 0.00000113 BTC.
• Hedera (HBAR) traded 0.8% lower against the dollar and now trades at $0.0511 or 0.00000076 BTC.
• Cosmos (ATOM) traded 4% lower against the dollar and now trades at $4.62 or 0.00006892 BTC.
• Fetch.ai (FET) traded 0.1% higher against the dollar and now trades at $1.33 or 0.00001978 BTC.

About Qtum

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,369,796 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. Qtum’s official website 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 currently 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 Coinbase, Changelly or GDAX. 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