Qtum, known as Quantum in its full name, is an open-source blockchain project and cryptocurrency based in Singapore. Integrating features from both the Bitcoin network and the Ethereum Virtual Machine (EVM), Qtum aims to revolutionize the blockchain industry.
What is Qtum Coin?
As a Proof-of-Stake (PoS) based smart contract project, Qtum primarily focuses on the cross-blockchain value protocol. Participants and operators in the network can earn QTUM rewards in exchange for transaction validations. QTUM, a longstanding project in the industry, has attracted attention by adding smart contract functionality to Bitcoin’s UTXO transaction model.
The QTUM Foundation behind QTUM Coin works with developers from various countries. Collaborating with four major accounting and consultancy firms, the QTUM Foundation played a pivotal role in the Binance listing of QTUM Coin.
Opinions on Qtum Coin
Looking at the reviews of QTUM Coin, it’s evident that it has successfully combined features of two different blockchain networks. Listed on the Binance cryptocurrency exchange, QTUM Coin is easily accessible for those who want to purchase it. Cryptocurrencies listed on Binance are known to have a wide audience, and QTUM Coin is among them.
Peaking at $92 during the bull run of 2018, QTUM is currently trading at $2.19, indicating its potential for growth from its peak. Recent trends in DeFi projects and Ethereum network-based projects have significantly increased the demand for smart contracts. Meanwhile, Bitcoin’s mining infrastructure and seamless network interface continue to make it a unique protocol.
QTUM, with strong backing from its foundation and the synthesis of ETH and BTC networks, seems poised to remain one of the most recognized cryptocurrencies in the market for a long time.
Where to Buy Qtum Coin?
So, what needs to be done to purchase QTUM Coin? QTUM Coin can be bought and sold on Binance by following these steps:
- To buy QTUM, first deposit USD balance into the exchange or purchase an alternative cryptocurrency. Begin by navigating to the “Buy Crypto” option on the Binance homepage and select the “Credit/Bank Card” tab.
- In the opened tab, choose how much USD you want to spend, and select Tether, i.e., USDT, in the Coin section.
- After purchasing USDT, preview the “Buy-Sell” option at the top left, and click on the “Classic” tab.
- In the opened section, select the USDT tab from the top right, enter QTUM in the search button, and choose the QTUM/USDT pair that appears below.
- Then, go to the “BUY QTUM” tab in the middle, enter the amount you wish to purchase.
- Enter the desired amount and confirm the transaction to complete the QTUM purchase.
