Qtum (QTUM) is a cryptocurrency ranked 273rd by market capitalization, currently valued at approximately $216 million**. Known for its volatility, QTUM can experience significant price fluctuations within a single day. As of today, the price stands at **$2.05, reflecting a 20% decline over the past year.
Before investing in Qtum, ensure you understand its risks, legal status, and tax implications in your jurisdiction. If you're ready to proceed, follow this step-by-step guide to purchase QTUM securely.
How to Buy Qtum in 5 Simple Steps
Purchasing QTUM can be completed in under 15 minutes with just a smartphone/computer, internet connection, photo ID, and a payment method.
1. Compare Crypto Exchanges
- The easiest way to buy Qtum is through a cryptocurrency exchange.
- Prioritize platforms with low fees, user-friendly interfaces, and strong security measures.
2. Create an Account
- Sign up with an email address and verify your identity (KYC).
- Prepare a government-issued ID and phone number for verification.
3. Deposit Funds
- Fund your account via bank transfer, credit/debit card, or crypto deposit.
- USD, EUR, and stablecoins (e.g., USDT) are widely accepted.
4. Buy Qtum (QTUM)
- Navigate to the QTUM/USD or QTUM/USDT trading pair.
- Enter the amount you wish to purchase and execute the trade.
5. Secure Your QTUM
- For enhanced security, transfer QTUM to a non-custodial wallet (e.g., Ledger, Trezor).
- Avoid keeping large amounts on exchanges due to hack risks.
👉 Compare top crypto exchanges for Qtum
Where to Buy Qtum
| Exchange | Fees | Payment Methods | Fiat Support |
|-------------------|-------|-------------------------|--------------|
| Binance | 0.1% | Credit Card, Bank Transfer | Yes |
| Coinbase | 1.49% | Debit Card, PayPal | Yes |
| Kraken | 0.26% | Wire Transfer, Crypto | Yes |
What Is Qtum?
Qtum ("Quantum") is a hybrid blockchain combining Bitcoin’s security with Ethereum’s smart contracts. Developed by the Singapore-based Qtum Foundation, it targets enterprise adoption through scalable dApps.
Key Features:
- Bitcoin Core Fork – Ensures stability.
- EVM Compatibility – Supports Ethereum-based smart contracts.
- Use Cases – Logistics, finance, IoT, and more.
Best Ways to Buy Qtum
Payment Methods:
- Bank Transfer – Low fees (~1–3 days processing).
- Credit/Debit Card – Instant but higher fees (3–5%).
- Crypto Swap – Trade BTC/ETH for QTUM.
Easiest Method:
Use instant buy features on exchanges like Coinbase or eToro for quick purchases.
Storing Qtum Securely
Recommended Wallets:
- Ledger Nano X (Best for long-term storage).
- Trust Wallet (Mobile-friendly).
- QTUM Core Wallet (Official desktop wallet).
Is Qtum a Good Investment?
Factors to Consider:
- Adoption – Partnerships with Starbucks, 360 Finance.
- dApp Ecosystem – Over 20 live dApps.
- Market Trends – Currently 75% below ATH ($100.22 in 2018).
Always conduct independent research before investing.
FAQs
1. Can I buy Qtum anonymously?
- Most exchanges require KYC verification for fiat deposits.
2. What’s the cheapest way to buy QTUM?
- Bank transfers typically have the lowest fees.
3. How do I sell Qtum?
- Reverse the buying process on the same exchange.
4. Is Qtum better than Ethereum?
- Qtum offers Bitcoin’s security but lags in developer activity.
5. What’s Qtum’s max supply?
- 107 million QTUM (cap at 108M).
Disclaimer: Cryptocurrencies are volatile and high-risk. This guide does not constitute financial advice.
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