Qtum (QTUM) Price Reaches $1.25 on Top Exchanges

Qtum (QTUM) traded up 1.7% against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on January 28th. Over the last week, Qtum has traded 4.1% lower against the U.S. dollar. One Qtum coin can now be purchased for $1.25 or 0.00001394 BTC on cryptocurrency exchanges. Qtum has a total market capitalization of $132.95 million and $17.56 million worth of Qtum was traded on exchanges in the last 24 hours.

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

• Ethereum (ETH) traded 4.3% higher against the dollar and now trades at $3,032.32 or 0.03367770 BTC.
• Cardano (ADA) traded 3.8% higher against the dollar and now trades at $0.36 or 0.00000402 BTC.
• Cronos (CRO) traded 1.7% higher against the dollar and now trades at $0.0918 or 0.00000102 BTC.
• Avalanche (AVAX) traded 4.8% higher against the dollar and now trades at $12.17 or 0.00013521 BTC.
• Hedera (HBAR) traded up 2.8% against the dollar and now trades at $0.11 or 0.00000120 BTC.
• Uniswap (UNI) traded 4.3% higher against the dollar and now trades at $4.85 or 0.00005383 BTC.
• NEAR Protocol (NEAR) traded up 2.3% against the dollar and now trades at $1.48 or 0.00001646 BTC.
• Internet Computer (ICP) traded up 0.5% against the dollar and now trades at $3.25 or 0.00003608 BTC.
• Cosmos (ATOM) traded 3% higher against the dollar and now trades at $2.28 or 0.00002536 BTC.
• Algorand (ALGO) traded 2.2% higher against the dollar and now trades at $0.12 or 0.00000135 BTC.

Qtum Profile

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 105,952,625 coins. 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. Qtum’s official Twitter account is @qtum and its Facebook page is accessible 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 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, Changelly or Coinbase. 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