Qtum (pronounced "Quantum") ranks among the top 30 cryptocurrencies by market capitalization, combining Bitcoin's robust infrastructure with Ethereum's smart contract capabilities. This guide covers Qtum's unique features and how to purchase it in the Philippines.
What Makes Qtum Unique?
Qtum merges three key technologies:
- Bitcoin's UTXO model for reliable transaction processing
- Ethereum's EVM compatibility for seamless smart contract execution
- Proof-of-Stake consensus for energy-efficient validation
Key Features:
- Smart Contract Portability: Existing Ethereum contracts work without modification
- Mobile Optimization: Supports lightweight payment verification (SPV) for app integration
- Hybrid Blockchain: Combines academic research with enterprise-grade solutions
Qtum Price History
| Period | Price Range | Market Conditions |
|---|---|---|
| Dec 2017 | $11 | Early adoption phase |
| Jan 2018 | $60 | Market peak |
| Current | Fluctuating | Maturing ecosystem |
Note: Cryptocurrency prices are volatile. Always check real-time data before trading.
How to Buy Qtum in the Philippines
Method 1: Through Binance
- Register on Binance (global exchange with Qtum pairs)
Fund your account by:
- Purchasing BTC via P2P markets
- Transferring from local wallets like Coins.ph
- Trade BTC for QTUM in the spot market
👉 Step-by-step Binance trading guide
Method 2: Using Abra App
Supports PHP deposits via:
- Bank transfers
- Credit/debit cards
- Convert BTC to QTUM within the app
- Cash out through partner merchants
Storing Qtum Securely
Recommended Wallets:
- Qtum Core Wallet (official full-node client)
- Ledger Nano S (hardware security)
- Trust Wallet (mobile option)
Security Tip: Never store large amounts on exchanges.
Future Outlook
Qtum's strategic partnerships with Chinese tech firms (360 Finance, Baofeng) demonstrate real-world adoption potential. The team continues expanding its enterprise blockchain solutions across industries.
Frequently Asked Questions
Can I buy Qtum directly with PHP?
No. You'll need to first purchase Bitcoin or Ethereum, then exchange it for QTUM on platforms like Binance.
Is Qtum better than Ethereum?
Qtum offers Bitcoin-like stability with Ethereum's smart contract flexibility, making it ideal for certain hybrid applications. However, Ethereum retains stronger network effects.
What's the minimum Qtum purchase?
Most exchanges allow fractional purchases (e.g., 0.1 QTUM). Minimums depend on the platform's policies.
How long do Qtum transactions take?
Block time averages ~2 minutes, faster than Bitcoin's 10-minute blocks.
Can I stake Qtum?
Yes! Qtum uses Proof-of-Stake, allowing holders to earn rewards by participating in network validation.
Disclaimer: Cryptocurrency investments carry risk. This content represents the author's views, not financial advice. Always conduct independent research.