Qtum Crypto Price Prediction, Value and Chart (QTUM)

Qtum (QTUM) Frequently Asked Questions

What is Qtum?

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. (Description provided by CryptoCompare)

How do I buy Qtum?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Qtum.

What do investment analysts think about Qtum?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Qtum an overall rating of "C", a technology and adoption rating of "C", and a market performance rating of "C+".

Where can I get Qtum wallet?

Qtum produces its own wallet software that is available for download on its website, which allows you to store Qtum on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Qtum?

One Qtum (QTUM) is currently worth $3.98 on major cryptocurrency exchanges. You can also exchange one Qtum for 0.00017022 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Qtum in U.S. dollars is $414.95 million.

What hashing algorithm does Qtum use?

Qtum is a proof of stake (PoS) coin that uses the Proof of Stake algorithm.

How do I mine Qtum?

Qtum is a proof-of-stake (PoS) currency, which means that blocks on the Qtum blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.

What coins are similar to Qtum?

The following coins use the same hashing algorithm (Proof of Stake) as Qtum: Waves, Lisk, WhiteCoin, Sentinel Protocol, Neblio, Nxt, Blocknet, TransferCoin, BlackCoin, NuShares, Energycoin and Global Currency Reserve.

What is the Reddit page for Qtum?

The official Reddit community (subreddit) for Qtum is r/Qtum.