Qtum sits as one of the top 30 best performing cryptocurrencies according to Coinmarketcap. Said to have the best of bitcoin and ethereum by its followers, let’s discuss briefly Qtum and where you can purchase it in the country.
This article had a slight modification on October 2, 2018.
Table of Contents.
Qtum’s is said to have the unfailing infrastructure of Bitcoin and Ethereum’s virtual machine.
Qtum has smart contracts that are fully compatible with Ethereum’s. This means if your business is running smart contracts on Ethereum, you will not have any problem should you switch to Qtum’s.
Next, it has “Simple Payment Verification”, allowing Qtum to offer blockchain applications in mobile apps.
Qtum was trading on around $11 in December 2017 and it shot up to $60 early in January 2018. By the time we last updated this article, Qtum is sitting around the $4.75 mark (September 2018).
How to buy Qtum in the Philippines
Since this is not bitcoin or ether, Qtum can’t be traded directly with Pesos. Before you dismiss this coin, remember that most altcoins are traded against the bitcoin. This means most people around the world cannot get this cryptocurrency with their fiat.
If you follow our steps, however, you can get Qtum even if you are in the Philippines.
The best way to buy Qtum is through a foreign cryptocurrency exchange.
Update: Mar. 28, 2018: Buy Qtum from Abra:
Abra supports depositing fiat via local banks and through credit cards. You can exchange bitcoins for QTUM within the Abra App. Should in case you want to cash out, you can do via partner merchants like Tambunting.
- Download Abra here! (It will ask for your mobile number, start with the PH area code 63.)
- Buy cryptocurrency on Abra through credit card!
How to buy Qtum through Binance
Binance is one of the world’s largest cryptocurrency exchange in terms of volume. You can go to Binance to trade for Qtum.
- Register for Binance here.
- Send your bitcoins from Coins.ph (or other wallets) into your Binance bitcoin wallet address.
- Proceed to QTUM-BTC page by searching for Qtum on Binance’s homepage.
- Trade your bitcoins for Qtum.
- Click here for the steps on how to trade on Binance.
How to purchase Qtum using credit card The Changelly platform allows anyone to purchase coins such as Qtum using credit card or debit card. You can also use Changelly to trade your bitcoins to Qtum.
Recommended Qtum Wallets
- Qtum Core (desktop and mobile)
- Ledger Nano (hardware)
Can I send my Qtum back to Coins.ph or Bitbit?
In January 2018, Qtum landed two partners that will use its blockchain. The first is with a firm called “360 Finance”. This company owns a popular search engine in China. The second is Baofeng, which owns a streaming service, also in China. There are rumors that Qtum is going to land a major global partner soon. There are many cryptocurrency projects with no partnerships who will use their blockchain. Qtum has partnerships with the product it has. Whoever that global partner will be, we will wait to see if this will affect the value of this cryptocurrency.