Hong Kong-based cryptocurrency and bitcoin exchange Bitfinex announced tonight that Qtum (QTUM) has been listed and is now available for trading against USD, BTC & ETH.
Margin trading for these pairs will be gradually enabled as the order book develops sufficient liquidity.
QTUM is undergoing a swap from their ERC20 token to their Ignition network. Users who missed out on the auto-swap can still get their new coins by following the directions in this Reddit post from the Qtum team.
Qtum is the first smart contact platform to fully utilize proof-of-stake consensus. By building on top of the UTXO model, Qtum adds its own ‘Account Abstraction Layer’, allowing the UTXO-based blockchain to seamlessly interact with the Virtual Machine (VM). Qtum currently supports EVM but will support multiple Virtual Machines in the future.
The first blockchain to utilize a truly decentralized governance protocol (DGP), Qtum uses smart contract technology to update blockchain parameters in a manner which is self-regulating, self-modifying, and self-aware.
The Bitfinex team said:
“There are 17 Dapps building on Qtum now (prediction market, IOT, healthcare and more). The Qtum project has an incredibly active community all over the world, with more developers and projects signing on every week, and we are excited to support its future development.”