What are the best exchanges to buy QTUM? This guide researches the project and comes with 7 reliable options to invest in.
Bitcoin(BTC), Ethereum(ETH), and Solana(SOL) are all examples of cryptocurrencies that belong to a new and fast-growing asset class. Moreover, if you are an early adopter and invested in them a few years ago you might be the proud owner of a small fortune already. What makes all these cryptos so special?
In particular, it’s the blockchain technology combined with high secure encryption that makes the difference. Also many crypto enthusiasts like the idea of a decentralized future where there are no central market makers or leaders(rulers) that are in full control.
At the time of writing, crypto has matured and is here to stay as a brand new technology. Also, this highly innovative space offers opportunities for investors willing to take a risk for new profits.
In this guide, I’m going to show you the best platforms in order to buy QTUM cryptocurrency; one of the most innovative players in the decentralized applications(dApps) space.
Best Exchanges to Buy QTUM Crypto
Below I’ll show you the 7 best exchanges for buying QTUM that are considered reliable, secure, and has high liquidity in the order books. As a result, the buying journey for QTUM crypto should be simple and straightforward.
- Binance-(Best option for beginners)
- Okex-(Best exchange to buy with crypto)
- GateIO-(Best exchange to buy with USDT)
- Kucoin-(Best exchange for intermediate traders)
- Huobi-(Best option for Asian traders)
- Bitpanda-(Best option for European traders)
- Bitfinex-(Best exchange for advanced traders)
What is QTUM cryptocurrency?
QTUM (Quantum) is a Chinese hybrid platform, that was launched in 2016 by Patrick Dai, Jordan Earls, and Neil Mahl. Moreover, all these three founders are programmers or engineers, and therefore in 2017, there was an ICO round to fund the project.
In detail, QTUM is a hybrid platform that connects the existing blockchain with a virtual machine, such as Ethereum. Also, QTUM is a cryptocurrency that has a limited supply of coins. Additionally, the Qtum network makes use of this internal token – the QTUM coin.
All in all, it is a platform that enables developers to build applications and smart contracts with the use of blockchain technology. Similar to many other blockchain projects, the project is open-source, decentralized, and makes use of DApps and smart contracts.
What makes QTUM special?
While most of the ‘older’ blockchain networks like Bitcoin and Ethereum are struggling with hard forks, security issues, and the best way to handle decentralization, QTUM tries to tackle this in a more efficient way. Therefore they have designed two technologies called Account Abstraction Layer(AAL) and Decentralized Governance Protocol(DGP).
In short, both technologies are focussing on a more general approach for managing changes on the blockchain network and making sure it’s easy to scale up when needed.
Ethereum vs QTUM
QTUM manifests itself as a serious Ethereum competitor, where they are building their own network based upon a different protocol type: ERQ-20. Below is the table showing Ethereum vs QTUM differences:
|Transactions throughput||14 tps||70 to 100 tps|
|Number of validators||2 pools(>51%)||1200(+)|
|Energy efficient||GPU optimal||CPU optimal|
|Smart contract architecture||EVM||ARM VM|
|Smart contract protocol||ERC-20||ERQ-20|
|Maximum supply||Infinite||107.8 million QTUM|
In particular, QTUM has designed its own protocol for decentralized governance where the main ingredients such as block size and gas fees are parameterized. As a result, the network remains very flexible without the need for extensive blockchain hard forks.
Also, the team of QTUM has developed their own virtual machine technology(ARM VM). With this VM they allow programmers that have skills in Python and Rust to create decentralized applications on their network.
What is the safest place to store QTUM tokens?
In my opinion, if you really want to be safe from hackers or scammers, buying or trading QTUM at platforms like Binance or Coinbase isn’t the best way. Additionally, you should also realize that you want to invest in QTUM for the long run.
If that is the case, then it is highly recommended that you start using a hardware wallet like Ledger Nano to be as safe as possible. The big benefit of Ledger is that you can store your cryptos offline as long as needed.
Also, it is good to know that the QTUM team has developed separate crypto wallets that can cooperate with a Ledger hardware wallet. Additionally, both wallets(QTUM Electrum and QTUM Web Wallet) offer ‘Offline staking‘ in combination with a hardware device.
Where can I get QTUM in the US?
In general crypto traders from the USA are very limited in the options they have on trading digital assets on a global scale. In most cases, only the coins that can apply to strict legal regulations are allowed. Luckily for you(if you are from the USA), QTUM can be bought on Gemini.
Best Platforms to Buy QTUM: Comparison
This comparison guide provides an overview of the best places to buy QTUM that are reliable and secure. The research is based on assessing the platform’s features, ease of use, fees for buying crypto, and security.
|Platform||Maker fees||Taker fees||Rating||Guides|
|Binance||0.08%||0.08%||Binance trading guide|
|Okex||0.10%||0.15%||Okex trading guide|
|GateIO||0.20%||0.20%||GateIO trading guide|
|Huobi||0.18%||0.18%||Huobi trading guide|
|Kucoin||0.10%||0.10%||Kucoin trading guide|
|Bitpanda||0.10%||0.15%||Bitpanda trading guide|
|Bitfinex||0.10||0.20%||Bitfinex trading guide|
What Exchange Can I Buy QTUM?
Next in this guide, I’ll deep dive into 7 different exchanges that offer to trade in QTUM cryptocurrency. Also, each platform has its unique features and it’s up to you to decide which one will suit you best!
Binance: Best option for beginners
First, there is Binance, a crypto trading platform that is is founded by Changpeng Zhao, a well-known blockchain industry expert, and expert in setting up trading systems.
In the past, he also founded BijieTech and was head of development at Blockchain.info. Binance can be considered as the best altcoin trading platform if you consider the trading volume and the number of coins listed on the exchange(300+).
Additionally, based on daily(24h) trading volumes, Binance is the biggest cryptocurrency exchange in the world. Also, it has millions of cryptocurrency traders using its platform on a daily basis.
Besides trading, Binance offers several other feature-rich products, including custodian wallets, crypto margin trading, lending service, and earning rewards with staking.
Trading a Binance can be done with almost zero fees(0.075%) and you can use this link when signing up. It will give you an additional 10% discount on fees for life 🙂
QTUM cryptocurrency trading pairs on Binance
Okex : Best exchange to buy with crypto
Okex is a trading platform specialized in cryptocurrencies and has its headquarters in Beijing. Besides delivering service for Bitcoin exchanges and trades, the platform is also a payroller and lending app for retailers.
Particularly, Okex is part of the bigger Okcoin consortium specialized in online futures trading. In 2018, Okcoin migrated its futures platform with cryptocurrencies which resulted in the Okex platform. One of the big benefits of this Okcoin migration is that Okex has strong liquidity in BTC/USD and LTC/USD trading pairs.
OKEX a popular place to buy QTUM
Okcoin maintains two leading entities, whereby one has its focus on the Chinese internal market. In addition, the other entity has a broader focus aimed at the global market and has its headquarters in Hong Kong.
Okex and Okcoin together are one of the bigger cryptocurrency exchanges in the world. For instance, if you take a look at their trading volume which exceeds 4.8 billion US dollars in just 24 hours.
Important: Sign up with this link and buy $100 in QTUM. Additionally, you get $30 in QTUM back when trading at Okex.
All in all, if you already own some crypto like BTC or ETH you can try OKEX. It’s one of the best exchanges to buy QTUM with cryptos.
QTUM trading pairs on OKEX
GateIO : Best exchange to buy with USDT
next in the list of best exchanges to buy QTUM crypto is Gate.IO. Firstly, this is a crypto exchange founded in the fall of 2017. In addition, the platform is operated by Gate Technology Incorporated, headquartered in Seoul, Korea, with a registered address in Virginia, USA.
In the third place, this exchange gained popularity in the Chinese crypto community for its robust security system, user-friendly mobile apps, and smooth interface. Also, Gate.io differs from many exchanges because it offers hassle-free access to a number of hard-to-find coins and up-and-coming projects.
Moreover, this exchange is designed to help investors finding information related to their preferred coins and overall market trends.
Spot trading a cryptocurrency like QTUM gives you a fee of 0.2% and this value decreases when USD volume rises. Additionally, margin trading is even cheaper where the rate is set to 0.01%
Trading pairs for QTUM on GateIO
Kucoin : Best option for intermediate traders
Compared with the exchanges described above, Kucoin is probably a modern platform for trading any cryptocurrency. In addition, this platform was founded by a group of cryptocurrency enthusiasts from Asia aiming to offer comfort and security to your mighty assets.
As of writing the platform ranks at position 12 on the list of exchanges which is based on trading volume for the past 24 hours. In addition, the platform specializes in offering trading cryptocurrencies, margin trading, trading futures, and also staking cryptos.
In general, spot trading cryptos can be done at a fee of 0.1%. Furthermore, it is also important to note that withdrawals from the platform can be done at zero fees.
QTUM trading pairs on Kucoin
Huobi: Best option for Asian traders
Huobi is a popular crypto trading exchange based in Seychelles that was originally founded in China in 2013. The company behind the exchange has grown dramatically with offices located in Hong Kong, South Korea, Japan, and the United States. In 2018, the company became publicly listed in Hong Kong.
In particular, Huobi Global offers a great platform for trading(buy and sell), storing, and earn cryptocurrencies in a secure and convenient way. Moreover, this exchange services tens of millions of users in more than 195 countries worldwide with over 60 payment methods for convert fiat into crypto.
Spot trading cryptos can be done at a fee of 0.2% and it is also important to note that withdrawals from the platform can be done at zero fees.
QTUM trading pairs at Huobi
Bitpanda: Best option for European traders
Bitpanda GmbH (formerly known as Coinimal) is a fin-tech company based in Vienna, Austria. Furthermore, it specializes in selling and buying Bitcoins and other cryptocurrencies. As a result, it has quickly grown to become Europe’s leading retail broker for cryptocurrencies.
Particularly, with over 900K users the company has recently expanded its services to allow users to invest in precious metals (gold, silver) as well. Besides trading in commodities and cryptos, it’s also possible to trade popular tech stocks like Amazon(AMZN) and Tesla(TSLA).
Firstly, the company was founded in late 2014. In addition, it has since grown to become one of the more popular options to purchase cryptocurrencies like QTUM around Europe. Moreover, if you live inside the EU it’s one of the cheapest ways to buy QTUM with a credit card or SEPA transfer.
Finally, spot trading cryptos can be done at a fee of 0.1% and it is also important to note that withdrawals from the platform can be done at zero fees.
QTUM trading pairs at Bitpanda
Bitfinex: Best exchange for advanced traders
Bitfinex has been around for many years in the cryptocurrency space and is one of the exchanges with the highest daily trading volumes. Notably, to start trading at this exchange you have to sign up and go to a regular KYC/AML procedure first.
This online trading company is based in Hong Kong and has been operational since 2014. In fact, it gives its users the option to trade more than 100 cryptocurrencies/pairs in exchange for USD, EUR, ETH, or BTC. Furthermore, depositing EURO or USD to this is exchange is currently only available by wire transfer.
In general, Bitfinex is very popular among professional traders because of its high trading volumes and the possibility to go Long or Short. Therefore to start trading at this platform a minimal deposit of $10.000 is needed to get an account there.
All in all, if you are an experienced trader and know how to use the interface(advanced orders or margin trading) properly. Try Bitfinex that is one of the best exchanges to buy QTUM crypto for professionals.
Trading pairs for QTUM on Bitfinex
Is QTUM Crypto a good investment?
Finally, when you have decided to buy QTUM crypto which in my opinion can be a solid buy if you are planning to hold long term. Additionally, the question remains why is QTUM a good buy?
Although this crypto project is a veteran in the industry(launched in March 2016) they are still on top of things at the moment. Below are three reasons why QTUM crypto is a good buy:
- Truly decentralized project – There are 1200(+) operating nodes distributed over 6 continents
- Promising partnerships – QTUM recently partnered with other promising crypto start-ups(Travala and Blockpass)
- QTUM halving – In April 2021, the most recent hard-fork occurred. Like Bitcoin, now every 4 years the block rewards will be halved and making QTUM a deflationary(e.g scarce) asset
All in all, it’s up to you to decide if you want to buy and which platform to use for it. With this guide, I hope I have given you enough information to start researching the crypto markets and especially the QTUM network.
Remember, when starting to invest in crypto, it’s very important to do your own research first. Therefore, let this guide be your reference in your journey to find the best gem. Moreover, in combination with the most reliable trading platform. Happy investing!
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