Qtum token (QTUM) is a utility token of the Qtum ecosystem, a blockchain network that combines the power of the two leading blockchain platforms, Bitcoin and Ethereum.
From today 16/08/2021, VNDC officially lists Qtum Token (QTUM) on VNDC Wallet. As soon as QTUM is available on the platform, users can perform the following features with QTUM:
- Off-chain transactions: Send, receive QTUM with other users on the same system.
- Exchange: Convert from VNDC to QTUM and vice versa.
- Credit Line: Use QTUM as collateral to borrow VNDC with a 30% credit line.
About Qtum
The Qtum project was launched on September 13, 2017, developed by Patrick Dai, former director of product development at Alibaba and the Qtum Foundation, an organization of the world’s leading blockchain developers and experts.
Qtum is a cryptocurrency that combines Ethereum’s smart contract functionality with the security of Bitcoin’s unspent transaction output model (UTXO) to create a platform that is suitable for adoption by large organizations. Qtum was created to change the way databases are stored. Applications running on the Qtum platform will store databases in the blockchain network instead of just being centrally stored on a single server.
Website: https://qtum.org/en
What is QTUM Token?
Qtum token (QTUM) is a utility token of the Qtum ecosystem, operating on Qtum’s blockchain platform and can be used:
- To pay transaction fees in the Qtum network.
- As block rewards for Stake Nodes to make the network stable and secure.
Specifications:
- Name: Qtum token
- Symbol: QTUM
- Platform: Qtum
- Standard: QRC20 & QRC721
QTUM is listed on some of the largest cryptocurrency exchanges like Binance, Huobi Global, OKEx, HBTC and Hydax Exchange…. with a total daily trading volume of up to $582 million. At the time of writing, QTUM is ranked #73 on CoinMarketCap:
QTUM Price 324,007 VNDC Market Cap 1,421,978,078 USD 24h Trading Volume 582,668,187 USD Circulating Supply 98,617,554 QTUM Max Supply 107,822,406 QTUM
Trading QTUM on VNDC Wallet
With QTUM is available on the platform, users can perform the following features with QTUM:
- Off-chain transactions: Send, receive QTUM with other users on the same system.
- Exchange: Convert from VNDC to QTUM and vice versa.
- Credit Line: Use QTUM as collateral to borrow VNDC with a 30% credit line.