Qtum (QTUM)

€ 3,81

-8,02 % € -0,31

Qtum Price in Euros

(QTUM to EUR)

€ 3,81

Qtum Volume

(24h)

€ 62.69 M

Market Cap

(Qtum)

€395.95 M
BTC

What is Qtum

Two things stand out about Qtum – it is a cryptocurrency and a business-facing platform, and it is intended for all types of businesses performing a variety of tasks. Pronounced “quantum”, the platform combines the best qualities of Bitcoin and Ethereum, the world’s biggest cryptocurrencies; and it gives users the option to create huge-scale dapps and smart contracts.

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How does Qtum work?

Qtum is the UTXO or unspent transaction output system and a PoS or proof-of-stake consensus model; it also utilizes the Bitcoin core code that runs on an Ethereum Virtual Machine. As such, whatever unspent coins from various transactions users have are added into the wallets.

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How to buy Qtum?

The Qtum cryptocurrency goes by the ticker QTUM and functions as fee for individuals who are helping run the network, while the newly minted ones are distributed according to asset ownership. QTUM is available on reliable crypto exchange networks like Coinmerce.

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How to buy Qtum?

You want to buy Qtum? You can buy Qtum using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Qtum, use the search function to search for Qtum and click on the name. You can indicate for how many euros you want to buy Qtum in the right window. Below is shown how much Qtum you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Qtum when the price of Qtum reaches your entered value. You can also execute a repeating order. Do you want to buy Qtum with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Qtum.

History

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About Qtum

Neil Mahi, Jordan Earls, and Patrick Dai developed Qtum in Singapore. Dai and Mahi have had years of significant industry experience before they partnered with Earls; Dai was with Alibaba while Mahi already had 20 years of software development experience. In September 2017, the cryptocurrency platform went live. The permissionless, open blockchain network integrated Ethereum’s programmability (i.e. the Ethereum Virtual Machine or EVM) with Bitcoin’s major security and stability features and uses the UTXO model. Qtum uses the Bitcoin UTXO model as basis for its base layer and another layer functions like how the EVM or Ethereum Virtual Machine does. Qtum’s initial coin offering was in 2017. It had 100 million QTUM units and around 51% of such was sold. They were able to raise around $15 million. The remaining amount of QTUM was divided and distributed to the founding team, investors, and kept for business development purposes.

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Founder Patrick Dai
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Founded 2016
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Industry SmartContractPlatform
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Website Website
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Network QTUM
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Location Singapore
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Rank 167
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Market Cap 395.95 M
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Trading volume 62.69 M
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Maximum coins 107.82 M
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Circulating 104.76 M
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