Qtum Price Reaches $3.50 on Major Exchanges (QTUM)

Qtum (QTUM) traded 1.9% lower against the dollar during the 1-day period ending at 10:00 AM ET on May 9th. Qtum has a total market cap of $366.47 million and $43.84 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can currently be bought for $3.50 or 0.00005733 BTC on major exchanges. During the last week, Qtum has traded down 0.1% against the dollar.

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

• Ethereum (ETH) traded 1.5% lower against the dollar and now trades at $2,964.10 or 0.04857400 BTC.
• Cardano (ADA) traded 2.1% higher against the dollar and now trades at $0.45 or 0.00000738 BTC.
• Avalanche (AVAX) traded down 1.4% against the dollar and now trades at $33.87 or 0.00055502 BTC.
• NEAR Protocol (NEAR) traded 0.3% higher against the dollar and now trades at $7.12 or 0.00011672 BTC.
• Internet Computer (ICP) traded down 2.3% against the dollar and now trades at $11.91 or 0.00019510 BTC.
• Uniswap (UNI) traded 1.7% lower against the dollar and now trades at $7.28 or 0.00011937 BTC.
• Hedera (HBAR) traded up 1.2% against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $8.92 or 0.00014617 BTC.
• Cronos (CRO) traded down 0.8% against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Fetch.ai (FET) traded down 3.2% against the dollar and now trades at $2.16 or 0.00003543 BTC.

About Qtum

Qtum (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 104,755,842 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. 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 presently possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView