How to start trading Quantum Coin (QTUM) with Capital.com?
To start investing in Quantum Coin (QTUM) with Capital.com, Open Capital.com CFD Account and log in to the Capital.com Official Website.
Then you need to make a deposit to your account before starting trading Quantum Coin (QTUM).
On the Capital.com platform, you can trade Qtum Contracts for Difference (CFD) anytime, anywhere.
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Why invest in Quantum Coin (QTUM)?
Qtum is the cryptocurrency of the Qtum platform. As a decentralized open project, the goal of Quantum Coin is to combine the success of cryptocurrencies such as Bitcoin with blockchains such as Ethereum. This Chinese Hybrid application platform allows developers to create decentralized applications and Ethereum smart contracts based on current blockchain technology. Therefore, companies can use the Quantum Chain platform to create smart contracts on the blockchain. Qtum is a cryptocurrency, and it is also a product of the combination of Bitcoin and Ethereum. Its ultimate goal is to become the first Value Transfer Protocol. Currently, Quantum Chain is one of the top 30 cryptocurrencies by market value.
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What is Qtum? What is cryptocurrency?
Qtum is a hybrid platform that allows developers to create decentralized applications and smart contracts based on current blockchain technology. Cryptocurrencies can be divided into the following two types: one is public tokens, which are used to obtain the service use rights of projects and security tokens or to replace the value of the underlying assets; the other is payment tokens, such as Bitcoin (BTC). Encrypted currency is a digital asset that serves as a medium of exchange. Encryption technology is used to ensure the security of transactions, control supply and guarantee transfers. In short, cryptocurrency is a decentralized electronic currency. All kinds of cryptocurrencies can be stored in “electronic wallets”. For example, you can deposit Litecoin (LTC) in an online or offline e-wallet, or even store it in hardware.
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Quantum Coin (QTUM) Price History
In March 2017, Qtum Qtum platform released ICO (Initial Coin Offering), hoping to obtain crowdfunding for their new blockchain technology platform. Only one and a half hours after the official release, Quantum Chain has successfully sold tokens worth 10 million U.S. dollars. The duration of the crowdfunding plan is 30 days, until sold out; in just 5 days, all Qtum tokens will be sold out.
This ICO brought about 11,100 Bitcoins (BTC) and 77,000 Ethereum (ETH) to Qtum, with a total value of approximately US$15.6 million, that is, 51 million Qtum tokens entered the cryptocurrency market. According to Qtum’s white paper, 51% of Qtum’s tokens enter the market through crowdfunding. Of the remaining 49% tokens, 29% will be used as community rewards, and 20% will be distributed to the development team and early investors. Therefore, the final distribution ratio of tokens is: four-fifths belong to the community, and one-fifth belongs to the development team.
The Qtum Qtum underlying network itself is a hybrid fork of the Bitcoin core and a technology called Account Abstraction Layer (Account Abstraction Layer), which provides an Ethereum basic template for the creation and operation of smart contracts.
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Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...