Qtum Price Reaches $3.04 (QTUM)

Qtum (QTUM) traded 1.8% higher against the US dollar during the twenty-four hour period ending at 23:00 PM E.T. on February 12th. One Qtum coin can now be purchased for approximately $3.04 or 0.00006092 BTC on exchanges. During the last seven days, Qtum has traded 7.1% higher against the US dollar. Qtum has a market cap of $318.38 million and $36.84 million worth of Qtum was traded on exchanges in the last 24 hours.

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

  • Ethereum (ETH) traded 5.7% higher against the dollar and now trades at $2,643.81 or 0.05299104 BTC.
  • Cardano (ADA) traded 2.4% higher against the dollar and now trades at $0.55 or 0.00001105 BTC.
  • Avalanche (AVAX) traded 5.4% higher against the dollar and now trades at $40.78 or 0.00081730 BTC.
  • Internet Computer (ICP) traded 0.4% higher against the dollar and now trades at $13.10 or 0.00026263 BTC.
  • Uniswap (UNI) traded 1.8% higher against the dollar and now trades at $6.76 or 0.00013543 BTC.
  • Cosmos (ATOM) traded up 2.4% against the dollar and now trades at $9.96 or 0.00019961 BTC.
  • NEAR Protocol (NEAR) traded 4.9% higher against the dollar and now trades at $3.30 or 0.00006624 BTC.
  • Hedera (HBAR) traded 3.9% higher against the dollar and now trades at $0.0804 or 0.00000161 BTC.
  • Cronos (CRO) traded up 2.8% against the dollar and now trades at $0.0882 or 0.00000177 BTC.
  • Algorand (ALGO) traded 3.6% higher against the dollar and now trades at $0.18 or 0.00000366 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. Qtum’s official website 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 US dollars. Investors seeking to trade Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the exchanges listed above.

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