What Is Qtum (QTUM)?
Qtum is an open-source blockchain platform ("Qtum Chain") combining Ethereum's EVM compatibility with a Proof-of-Stake (PoS) consensus. Its core principles include decentralization, trustlessness, permissionless access, and community-driven governance.
- Native Token: QTUM
- Total Supply: 107,822,406 QTUM
Key Features & How Qtum Works
Qtum enables developers to build decentralized applications (DApps) with these innovations:
- Upgradable Blockchain: Implements changes without hard forks.
- Mutualized Proof-of-Stake (MPoS): Shares block rewards among nodes to deter attacks.
- Qtum Wallets: Supports QTUM and QRC20 tokens across desktop, mobile, web, and hardware wallets.
- Staking: Users earn rewards/governance rights by staking QTUM.
👉 Explore staking opportunities
Qtum’s Unique Governance Model
- On-Chain Governance: Smart contracts allow proposals/votes on protocol upgrades (e.g., network parameters, governance seats).
- Off-Chain Governance: Managed by the Qtum Chain Foundation for fund security and project sustainability.
Where to Buy QTUM
Top Exchanges: Binance, OKX, AscendEX, Huobi Global, Crypto.com. Prices vary by market conditions—check live charts for real-time data.
Step-by-Step Guide to Buying QTUM
1. Buying QTUM on Centralized Exchanges (CEX)
Step 1: Choose a reputable platform (e.g., Binance, OKX).
Step 2: Register and verify your identity.
Step 3: Link payment method (bank/card).
Step 4: Buy USDT via C2C, then trade for QTUM.
Step 5: Store QTUM in an exchange wallet or transfer to a hardware wallet.
Security Tip: Enable 2FA and use strong passwords.
2. OTC Trading for QTUM
Step 1: Find a trusted OTC platform.
Step 2: Register/verify your account.
Step 3: Browse listings, select a seller, and negotiate terms.
Step 4: Pay seller and receive QTUM in your wallet.
3. Decentralized Exchanges (DEX)
Step 1: Set up a QTUM-compatible wallet (e.g., Trust Wallet).
Step 2: Connect wallet to a DEX (e.g., Uniswap).
Step 3: Deposit funds (e.g., stablecoins).
Step 4: Trade for QTUM and withdraw to your wallet.
👉 Compare DEX rates
4. Official QTUM Sales
Monitor project team announcements for direct purchases (e.g., presales).
QTUM Price & Market Data
- Current Price: Check live charts for fluctuations.
- All-Time High: $0.2800 (March 30).
Recommended Exchanges:
- Binance
- OKX
- Bybit
FAQs
1. Is QTUM a good investment?
Qtum’s hybrid blockchain offers unique tech, but always research market trends and risks.
2. How do I stake QTUM?
Use Qtum’s official wallet or supported platforms to stake and earn rewards.
3. What’s the difference between Qtum and Ethereum?
Qtum combines Bitcoin’s UTXO model with Ethereum’s smart contracts, focusing on scalability.
4. Can I mine QTUM?
No—Qtum uses PoS, so staking replaces traditional mining.
5. How secure is Qtum?
Its MPoS mechanism and governance model enhance security against attacks.
6. Where can I track QTUM price?
Use platforms like CoinMarketCap or exchange live charts.
Final Tip: Diversify your crypto portfolio and stay updated on Qtum’s developments!