Bitcoin (BTC) and Ethereum (ETH) dominate the crypto market, but Qtum (QTUM) offers a unique hybrid solution combining Bitcoin's security with Ethereum's smart contract functionality. Here's everything you need to know about purchasing and investing in QTUM.
What Makes Qtum Unique?
Qtum is an open-source blockchain platform that merges:
- Bitcoin's UTXO model for secure transactions
- Ethereum Virtual Machine (EVM) for smart contract execution
- Proof-of-Stake (PoS) consensus for energy efficiency
👉 Discover top-rated crypto exchanges for QTUM trading
Key Features:
- Abstract Account Layer (AAL) bridges UTXO and EVM systems
- 3rd largest global node network (after BTC and ETH)
- Supports both EVM and x86 virtual machines
Where to Buy Qtum (QTUM)
| Exchange | Availability | Fees |
|---|---|---|
| Binance | Global | 0.1% |
| Binance.US | U.S. only | 0.1% |
| Crypto.com | Worldwide | 0.4% |
| Kraken | 48 states | 0.26% |
Step-by-Step Purchase Guide:
- Create an account on a QTUM-supporting exchange
- Complete identity verification (KYC requirements)
- Deposit funds via bank transfer or cryptocurrency
- Buy QTUM through spot trading markets
Storing Your QTUM: Wallet Options
Cold Wallets (Most Secure)
- Ledger Nano X
- Trezor Model T
Hot Wallets (Convenient)
- Qtum Core Wallet (official software)
- Trust Wallet (mobile)
👉 Compare hardware wallet security features
QTUM Investment Potential
Pros:
- Hybrid technology combining BTC/ETH strengths
- Active development team
- Growing dApp ecosystem
Cons:
- Faces competition from established platforms
- Lower liquidity than top 10 cryptos
FAQ: Qtum Essentials
Q: How does Qtum differ from Ethereum?
A: Qtum uses Bitcoin's UTXO model instead of Ethereum's account-based system, providing enhanced security for transactions while maintaining smart contract functionality.
Q: What's the best way to earn QTUM?
A: Besides buying, you can stake QTUM to earn rewards through Qtum's PoS consensus (currently ~4% annual yield).
Q: Is Qtum available on Coinbase?
A: No, U.S. traders need to use Binance.US, Crypto.com, or Kraken to purchase QTUM.
Q: What's Qtum's maximum supply?
A: QTUM has a capped supply of 101 million tokens, with about 88% currently in circulation.
Q: Can I mine QTUM?
A: No, Qtum uses Proof-of-Stake validation instead of mining.
When investing in QTUM or any cryptocurrency, always prioritize security through verified exchanges and hardware wallets. The crypto market remains volatile, so consider dollar-cost averaging to mitigate price fluctuations.