Qtum (QTUM) 1-Day Trading Volume Hits $40.47 Million

Qtum (QTUM) traded down 2.2% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on May 5th. In the last seven days, Qtum has traded down 6.7% against the U.S. dollar. Qtum has a market capitalization of $389.61 million and $40.47 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be purchased for about $3.72 or 0.00005835 BTC on cryptocurrency exchanges.

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

• Ethereum (ETH) traded 0.2% lower against the dollar and now trades at $3,136.38 or 0.04920374 BTC.
• Cardano (ADA) traded 2.8% lower against the dollar and now trades at $0.46 or 0.00000717 BTC.
• Avalanche (AVAX) traded 2.4% higher against the dollar and now trades at $36.86 or 0.00057829 BTC.
• NEAR Protocol (NEAR) traded up 3.8% against the dollar and now trades at $7.09 or 0.00011125 BTC.
• Internet Computer (ICP) traded down 3.7% against the dollar and now trades at $12.90 or 0.00020245 BTC.
• Uniswap (UNI) traded down 2.1% against the dollar and now trades at $7.42 or 0.00011633 BTC.
• Hedera (HBAR) traded 0.3% lower against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Cosmos (ATOM) traded up 1.5% against the dollar and now trades at $8.87 or 0.00013922 BTC.
• Fetch.ai (FET) traded up 1.1% against the dollar and now trades at $2.21 or 0.00003471 BTC.

Qtum Coin Profile

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. 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.”

Qtum Coin Trading

It is usually not currently 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 GDAX. 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