How to Buy Qtum Coin (QTUM): A Simple Guide

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Qtum (QTUM) is a blockchain platform that merges the best features of Bitcoin’s proven security model with Ethereum’s smart contract functionality. Designed for businesses and developers, Qtum enables the creation of decentralized applications (dApps) and programmable smart contracts while maintaining high network security and stability. If you're interested in investing in QTUM or using its ecosystem, this guide will walk you through everything you need to know—from understanding the project’s core strengths to securely purchasing and storing your coins.

Whether you're new to cryptocurrency or expanding your digital asset portfolio, learning how to buy Qtum coin safely and efficiently is essential. We’ll cover trusted exchanges, step-by-step buying strategies, secure storage options, and answer common questions to ensure you make informed decisions.


Understanding Qtum (QTUM)

Qtum was launched in 2016 by the Qtum Foundation, a non-profit organization based in Singapore. The platform is open-source, allowing developers to modify its codebase and build scalable blockchain solutions. By combining Ethereum Virtual Machine (EVM) compatibility with a UTXO-based architecture similar to Bitcoin, Qtum delivers enhanced security without sacrificing smart contract flexibility.

This hybrid design makes Qtum particularly appealing for enterprise use cases where reliability, auditability, and regulatory compliance are crucial.

Key Features of Qtum

👉 Discover how blockchain platforms like Qtum are shaping the future of digital finance.


Where to Buy, Sell, and Trade QTUM

You cannot directly purchase Qtum (QTUM) using traditional payment methods like credit cards or PayPal in most cases. Instead, you’ll typically follow a two-step process:

  1. Buy Bitcoin (BTC) or Ethereum (ETH) using fiat currency via a major exchange.
  2. Exchange BTC or ETH for QTUM on a crypto-to-crypto trading platform that supports the QTUM trading pair.

While some exchanges allow direct fiat-to-QTUM purchases, they are less common. Therefore, starting with BTC or ETH remains the most reliable method.

Step-by-Step: How to Buy QTUM

Step 1: Purchase BTC or ETH
Use a reputable exchange like Coinbase, Kraken, or Binance to buy Bitcoin or Ethereum using your local currency (USD, EUR, etc.) via bank transfer, debit card, or other supported methods.

Step 2: Transfer to a QTUM-Supported Exchange
Move your BTC or ETH to an exchange that offers QTUM trading pairs such as BTC/QTUM or ETH/QTUM.

Step 3: Trade for QTUM
Place a trade order to exchange your BTC or ETH for QTUM at the current market rate.

Step 4: Secure Your Holdings
Once acquired, transfer your QTUM to a secure wallet—preferably a hardware wallet—to protect against online threats.


Top Cryptocurrency Exchanges for Buying QTUM

Not all exchanges support QTUM trading pairs. Below are some of the most trusted platforms where you can confidently trade for QTUM:

Binance

One of the world’s largest crypto exchanges by trading volume, Binance offers extensive liquidity and over 1,189 trading pairs. It supports both spot and futures trading for QTUM.

Bybit

Known for its robust security and intuitive interface, Bybit supports spot trading and derivatives. It’s ideal for both beginners and experienced traders.

MEXC

With over 2,700 listed cryptocurrencies and competitive fees, MEXC is excellent for altcoin enthusiasts looking to access niche markets.

👉 Start exploring top-tier exchanges where you can trade QTUM today.

Always verify that the exchange supports QTUM/BTC or QTUM/ETH pairs before transferring funds.


Securely Storing Your QTUM: Best Wallet Options

After purchasing QTUM, storing it securely should be your top priority. Leaving coins on an exchange exposes them to hacking risks. Instead, use a dedicated cryptocurrency wallet.

Recommended Wallet Types

For long-term holdings, always opt for a hardware wallet to maximize protection against cyber threats.


Frequently Asked Questions (FAQs)

Can I buy Qtum with PayPal?

No, you can't buy QTUM directly with PayPal. However, you can use PayPal to purchase Bitcoin or Ethereum on platforms like Paxful or LocalBitcoins, then trade them for QTUM on a supporting exchange.

Is it possible to buy QTUM with cash?

Not directly. You must first buy BTC or ETH with cash through peer-to-peer platforms like LocalBitcoins or BitQuick, then exchange it for QTUM.

Can I use Skrill to buy QTUM?

Skrill doesn’t support direct QTUM purchases. But you can use Skrill to buy BTC or ETH on exchanges like Paxful or Virwox and later convert them to QTUM.

How do I buy QTUM with Bitcoin or Ethereum?

Yes—simply go to an exchange that lists BTC/QTUM or ETH/QTUM, deposit your BTC or ETH, and place a trade order at the current market price.

What’s the best way to pay when buying QTUM?

Using a bank transfer is usually the cheapest method due to lower fees. Credit cards offer faster transactions but come with higher processing costs.

Can I mine Qtum instead of buying it?

No. Qtum uses a Proof-of-Stake (PoS) consensus mechanism called “Qtum Proof-of-Stake,” meaning new coins are minted through staking—not mining. You must acquire QTUM via purchase or staking rewards.

👉 Learn how staking works and how you can earn passive income from your crypto holdings.


Final Thoughts

Qtum bridges the gap between enterprise-grade blockchain infrastructure and developer-friendly smart contract capabilities. Its unique blend of Bitcoin’s security and Ethereum’s programmability makes it a compelling choice for investors and businesses alike.

By following this guide, you now understand how to safely buy Qtum coin using trusted exchanges and store it securely in cold wallets. As with any investment, always conduct thorough research and consider diversifying your portfolio based on risk tolerance and long-term goals.

Whether you're building on the Qtum network or adding it to your crypto assets, taking control of your digital wealth starts with smart, secure practices.