Qtum 24 Hour Trading Volume Hits $68.09 Million (QTUM)

Qtum (QTUM) traded up 5.4% against the U.S. dollar during the 24-hour period ending at 20:00 PM E.T. on May 22nd. Qtum has a market capitalization of $430.23 million and $68.09 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be purchased for $4.13 or 0.00013612 BTC on major cryptocurrency exchanges. During the last week, Qtum has traded 3.3% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • BitBay (BAY) traded flat against the dollar and now trades at $0.18 or 0.00001849 BTC.
  • Radium (RADS) traded flat against the dollar and now trades at $2.07 or 0.00008889 BTC.
  • BlackCoin (BLK) traded 6.2% higher against the dollar and now trades at $0.0203 or 0.00000067 BTC.
  • Atmos (ATMOS) traded 3.1% higher against the dollar and now trades at $0.0049 or 0.00000016 BTC.
  • NuShares (NSR) traded flat against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Global Currency Reserve (GCR) traded up 3.1% against the dollar and now trades at $0.0003 or 0.00000001 BTC.
  • Rubycoin (RBY) traded flat against the dollar and now trades at $7,868,772.72 or 0.00000966 BTC.

Qtum Coin Profile

Qtum (QTUM) is a proof-of-stake (PoS) coin that uses the Proof of Stake hashing algorithm. It launched on December 19th, 2016. Qtum’s total supply is 103,944,501 coins and its circulating supply is 104,174,340 coins. The Reddit community for Qtum is /r/Qtum and the currency’s Github account can be viewed here. Qtum’s official website is qtum.org. Qtum’s official Twitter account is @QtumOfficial and its Facebook page is accessible here.

According to CryptoCompare, “Qtum is a decentralized blockchain platform with dApp and turing-complete¬†smart contract functionalities while still maintaining¬†an Unspent Transaction Output (UTXO) transaction model. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) which allows specific blockchain settings to be modified by making use of smart contracts. QTUM is the underlying value token in the Qtum blockchain. “

Buying and Selling Qtum

It is usually not possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the exchanges listed above.

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