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Qtum (QTUM) price, chart, coin profile and news

Find the latest Qtum (QTUM) price, coin profile, news and history to get you started with Qtum trading and investing.

+ $0.01 ( + 0.53%)

What is Qtum?

Qtum (pronounced "Quantum") is an open-source blockchain project designed to combine Ethereum’s smart contracts with Bitcoin’s blockchain. Its aim is to allow for the development of faster and more secure smart contracts and decentralised applications on a business-friendly blockchain.

Developed by the Singapore-based Qtum Foundation, Qtum is a hybrid blockchain application platform that aims to bring together the best parts of the Bitcoin and Ethereum projects and to facilitate interoperability between the 2. Its core focus is on the business applications of smart contracts, with an aim to introduce a wide range of organisations to blockchain-based solutions that increase efficiency and reduce costs.

The Qtum platform is built on a Bitcoin core fork, chosen for its simplicity and stability, and then an account abstraction layer that includes multiple virtual machines that contribute different functionalities. Headlining these is the Ethereum Virtual Machine, which gives Qtum the ability to create its own smart contracts.

QTUM is the native token of the Qtum network, and tokens are required to use Qtum apps and the Qtum blockchain.

Qtum (QTUM) is the 135th largest cryptocurrency in the world by market cap, valued at $231,708,570. The current price of Qtum is $2.22, which is -2.007% lower than yesterday. Prices have ranged between $2.27 and $2.2 over the past 24 hours. All prices are listed in US dollars and accurate as of December 01, 2022 10:12 UTC.

What is Bnb?

Binance Coin (BNB) is the token native for Binance and its blockchain-based ventures. The coin can be used to interact with the Binance cryptocurrency exchange as well as the ever-evolving DeFi ecosystem on the Binance Smart Chain network.

On the Binance exchange, BNB provides users with discounts on trading fees, serves as a trading pair for coins and is used on the Binance Decentralized Exchange (DEX). Fees paid in BNB are periodically “burnt”, which means they are permanently removed from circulation, which in turn decreases the supply and theoretically increases the value. Binance will continue to burn coins until the supply is reduced from 200 million to 100 million.

BNB is also used on the exchange to participate in launchpad events, which are similar to Initial Coin Offerings (ICO).

On the Binance Smart Chain (a smart contract platform developed by Binance based on Ethereum’s codebase), BNB is used to pay gas fees and has a central role in many DeFi applications (dapps). In this way, it is very similar to the role of ETH on Ethereum.

For instance, users can deposit BNB to provide liquidity on the PancakeSwap DEX or be traded for BEP-20 tokens (The BSC version of ERC-20 tokens).

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Qtum (QTUM) price

Use our graph to track the performance of (QTUM) over time.

Qtum at a glance

Information last updated December 01, 2022 10:12 UTC.
Coin symbol QTUM
Coin Marketcap US$231,708,570
Total QTUM supply 107,822,406
Circulating QTUM 104,434,877
Current price US$2.22
All time high US$100.22
All time high date January 06, 2018
Notable team members Patrick Dai, Neil Mahi, Jordan Earls
Partnerships Starbucks, 360 Finance, Baofeng Bokocloud
Industry Blockchain hybrid platform
Token uses Utility token
Network Qtum

Qtum price performance over time

Historical prices compared with the price of US$2.22.

1 hour 0.41%
24 hours -2.01%
7 days 2.74%
14 days 7.81%
30 days -22.62%
60 days -22.13%
200 days -46.17%
1 year -86.20%

Disclaimer: Cryptocurrencies, including Qtum, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of QTUM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Qtum or any other cryptocurrency discussed.

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