Qtum Reaches 24-Hour Volume of $57.92 Million (QTUM)

Qtum (QTUM) traded up 2.4% against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on January 9th. During the last week, Qtum has traded 3.3% lower against the U.S. dollar. One Qtum coin can currently be purchased for about $3.15 or 0.00003408 BTC on cryptocurrency exchanges. Qtum has a total market cap of $332.32 million and $57.92 million worth of Qtum was traded on exchanges in the last day.

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

• Ethereum (ETH) traded down 3.8% against the dollar and now trades at $3,232.18 or 0.03495907 BTC.
• Cardano (ADA) traded down 8% against the dollar and now trades at $0.90 or 0.00000972 BTC.
• Avalanche (AVAX) traded 5.5% lower against the dollar and now trades at $36.21 or 0.00039161 BTC.
• Hedera (HBAR) traded down 4.1% against the dollar and now trades at $0.27 or 0.00000289 BTC.
• Uniswap (UNI) traded 5.2% lower against the dollar and now trades at $12.60 or 0.00013633 BTC.
• NEAR Protocol (NEAR) traded down 4.6% against the dollar and now trades at $4.92 or 0.00005325 BTC.
• Internet Computer (ICP) traded 6.2% lower against the dollar and now trades at $10.22 or 0.00011050 BTC.
• Cronos (CRO) traded down 5.5% against the dollar and now trades at $0.14 or 0.00000149 BTC.
• Fetch.ai (FET) traded 4.4% lower against the dollar and now trades at $1.28 or 0.00001387 BTC.
• Algorand (ALGO) traded down 6.4% against the dollar and now trades at $0.34 or 0.00000368 BTC.

About Qtum

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It was first traded on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,473,916 coins. Qtum’s official website is qtum.org. 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.

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 possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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