Qtum provides the aspects of both the Ethereum network and the Bitcoin network while leveraging the benefits of both. Qtum crypto has taken Ethereum’s smart contract capabilities and Bitcoin’s unspent transaction output (UTXO) model.
Qtum functions on the proof-of-stake consensus mechanism, which means that users stake assets to validate transactions and get rewarded for it.
The Qtum coin is QTUM and is distributed to users in relation to Qtum’s consensus mechanism. Users can use QTUM to pay transaction fees on the network, vote on proposals and thus participate in the on-chain governance protocol, and stake QTUM to validate blocks.
Users can stake QTUM offline, which means that they need to provide their wallet addresses instead of locking up coins. As such, they have complete control over the staked assets and can move them at any time.
How To Buy Qtum or Add it to your strategy
The fastest, most convenient way to purchase Qtum is to purchase it on ICONOMI. We check Qtum live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Qtum by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if Qtum is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Qtum, we recommend you read the next section, as copying might be a better approach.
Add Qtum to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Qtum in their structure.