Qtum Reaches 24-Hour Trading Volume of $41.06 Million (QTUM)

Qtum (QTUM) traded 0.2% higher against the US dollar during the 1-day period ending at 15:00 PM E.T. on May 4th. One Qtum coin can currently be bought for about $3.76 or 0.00005908 BTC on popular exchanges. In the last seven days, Qtum has traded down 5.6% against the US dollar. Qtum has a market capitalization of $393.91 million and approximately $41.06 million worth of Qtum was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded up 1.8% against the dollar and now trades at $3,125.02 or 0.04909816 BTC.
• Cardano (ADA) traded up 0.8% against the dollar and now trades at $0.47 or 0.00000737 BTC.
• Avalanche (AVAX) traded up 5.9% against the dollar and now trades at $37.32 or 0.00058640 BTC.
• NEAR Protocol (NEAR) traded up 1.8% against the dollar and now trades at $6.90 or 0.00010847 BTC.
• Internet Computer (ICP) traded down 3.2% against the dollar and now trades at $13.30 or 0.00020893 BTC.
• Uniswap (UNI) traded 1.6% higher against the dollar and now trades at $7.55 or 0.00011868 BTC.
• Hedera (HBAR) traded down 2.2% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded up 1.2% against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Cosmos (ATOM) traded 0.4% lower against the dollar and now trades at $8.75 or 0.00013743 BTC.
• Fetch.ai (FET) traded up 3.1% against the dollar and now trades at $2.19 or 0.00003439 BTC.

About Qtum

Qtum (CRYPTO: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. 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. 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.”

Buying and Selling Qtum

It is usually not currently possible to purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, 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