Quantum Chain Coin, commonly known as Qtum, has emerged as a notable player in the evolving blockchain and cryptocurrency landscape. Merging the reliability of Bitcoin’s architecture with the flexibility of Ethereum’s smart contract capabilities, Qtum offers a unique value proposition for developers, investors, and blockchain enthusiasts alike. But what was its original issuance price? How can one trade Qtum effectively? And what makes it stand out in a crowded digital asset market?
This article dives deep into the origins, pricing history, and practical steps for trading Qtum—equipping you with actionable insights to navigate this blockchain project confidently.
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What Is Qtum (Quantum Chain)?
Qtum is a decentralized blockchain platform that integrates core features from both Bitcoin and Ethereum. It uses Bitcoin’s UTXO (Unspent Transaction Output) model for transaction processing, ensuring high security and compatibility, while also supporting Ethereum Virtual Machine (EVM)-compatible smart contracts. This hybrid design enables businesses and developers to build decentralized applications (dApps) on a stable, scalable infrastructure.
One of Qtum’s defining characteristics is its use of the Proof-of-Stake (PoS) consensus mechanism. Unlike energy-intensive Proof-of-Work systems used by Bitcoin, PoS allows token holders to participate in network validation based on the number of coins they "stake." This approach enhances energy efficiency, reduces centralization risks, and promotes long-term network sustainability.
Qtum Initial Coin Offering (ICO) and Launch Price
The initial value of Qtum was established during its ICO phase in 2017, a period when many innovative blockchain projects entered the market through token sales.
In March 2017, Qtum launched a 30-day ICO campaign that attracted global investor interest. During this period, the project successfully raised:
- 10,000 BTC
- 11,000 ETH
A total of 51 million Qtum tokens were sold, setting the foundation for its market circulation.
ICO Pricing Details
During the ICO:
- Each Qtum token was priced at 0.00031 BTC or approximately 0.0034 ETH.
- Based on Bitcoin’s market price at the time (~$1,000 USD or ~¥10,000 CNY), this translated to roughly ¥3.1 per Qtum.
- Using Ethereum’s valuation (~$34 USD), the equivalent price was around ¥11.5 per Qtum.
Thus, the initial price range for Qtum during the ICO stood between ¥3 to ¥12 RMB, depending on the benchmark cryptocurrency used.
⚠️ Important Note: ICO prices reflect only the initial issuance cost. Once listed on exchanges, market dynamics—not original sale prices—determine real-time valuations.
Market Performance and Price Volatility
After listing on major exchanges, Qtum’s price began to fluctuate based on supply and demand, investor sentiment, technological updates, and broader crypto market trends.
- By September 2017, Qtum surpassed ¥100 RMB for the first time.
- In early 2018, amid the bull run of the cryptocurrency market, Qtum reached an all-time high above ¥1,000 RMB—a remarkable surge from its ICO price.
- Following the market correction in late 2018 and subsequent years, Qtum experienced a decline.
- As of recent data (2025), Qtum trades around the ¥20 RMB mark, showing resilience despite macroeconomic challenges.
This volatility underscores a fundamental truth in digital assets: past performance does not guarantee future results, but understanding historical trends helps inform smarter investment decisions.
How to Buy and Trade Qtum: A Step-by-Step Guide
Trading Qtum involves several key stages—from setting up a secure wallet to executing trades on trusted platforms. Here's how to get started:
1. Set Up a Secure Qtum Wallet
Before buying any cryptocurrency, you need a digital wallet to store your assets safely.
Qtum supports multiple wallet types:
- Mobile Wallets: Convenient for daily use (e.g., Qtum Mobile App).
- Desktop Wallets: Offer enhanced control and security (e.g., Qtum Core).
- Hardware Wallets: Most secure option; stores private keys offline (e.g., Ledger or Trezor with Qtum support).
Choose based on your needs: convenience vs. security. Always enable two-factor authentication (2FA), back up your recovery phrase, and keep software updated.
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2. Choose a Reputable Cryptocurrency Exchange
To buy Qtum, you’ll need to register on a regulated exchange that lists QTUM trading pairs.
Popular options include:
- Binance
- Huobi
- OKX
- KuCoin
Steps to follow:
- Complete identity verification (KYC).
- Deposit funds via bank transfer, credit card, or stablecoin.
- Search for “QTUM” and select your preferred trading pair (e.g., QTUM/USDT, QTUM/BTC).
- Place your order—market or limit—based on current prices.
Exchanges charge trading fees (typically 0.1%–0.2%), so compare fee structures before committing.
3. Execute Your Trade
Once funded:
- Monitor price charts using technical analysis tools.
- Decide whether to buy immediately (market order) or set a target price (limit order).
- Confirm the transaction and verify receipt in your wallet or exchange balance.
For advanced users, consider using stop-loss orders to manage downside risk.
4. Store and Manage Your Qtum Safely
After purchasing, avoid leaving large amounts on exchanges. Transfer your Qtum to a personal wallet for better security.
Best practices:
- Never share your private keys.
- Use hardware wallets for long-term storage.
- Regularly update wallet software to patch vulnerabilities.
- Enable multi-signature authentication where available.
Why Qtum Stands Out in the Blockchain Space
Several factors contribute to Qtum’s enduring relevance:
- Hybrid Architecture: Combines UTXO model security with EVM compatibility.
- Energy-Efficient Consensus: PoS reduces environmental impact compared to PoW.
- Business-Friendly dApp Development: Enables enterprises to deploy smart contracts without building new blockchains.
- Active Developer Community: Continuous upgrades and ecosystem expansion.
Experts suggest that as blockchain adoption grows in sectors like finance, supply chain, and identity management, platforms like Qtum—with interoperability and scalability—could see renewed demand.
Frequently Asked Questions (FAQ)
Q: What was Qtum’s original ICO price?
A: During its 2017 ICO, Qtum was priced at 0.00031 BTC or 0.0034 ETH per token—approximately ¥3 to ¥12 RMB depending on exchange rates at the time.
Q: Where can I buy Qtum today?
A: You can purchase Qtum on major exchanges like Binance, OKX, KuCoin, and Huobi using USDT, BTC, or other cryptocurrencies.
Q: Is Qtum a good long-term investment?
A: While past performance isn’t indicative of future results, Qtum’s strong technical foundation and active development may support long-term potential—though all crypto investments carry risk.
Q: How is Qtum different from Bitcoin or Ethereum?
A: Qtum blends Bitcoin’s UTXO model with Ethereum’s smart contract functionality and uses Proof-of-Stake instead of Proof-of-Work, offering faster transactions and lower energy consumption.
Q: Can I stake Qtum tokens?
A: Yes! As a PoS blockchain, Qtum allows users to stake their tokens to earn rewards by helping validate transactions on the network.
Q: Is Qtum safe to use?
A: Yes, when proper security practices are followed—such as using trusted wallets, enabling 2FA, and avoiding phishing sites.
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Final Thoughts
Qtum represents a compelling fusion of proven blockchain technologies with forward-thinking innovation. From its strategic ICO launch in 2017 to its dynamic price journey and growing ecosystem, it remains a relevant asset in the digital economy.
Whether you're interested in trading for short-term gains or holding as part of a diversified portfolio, understanding Qtum’s issuance history, market behavior, and secure trading practices is essential. As blockchain technology continues to mature, projects like Qtum—with real-world applicability and technical robustness—are well-positioned to play meaningful roles in the decentralized future.
Stay informed, trade wisely, and always prioritize security in every step of your cryptocurrency journey.