Discover how to buy Qtum (QTUM) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Qtum (QTUM) is currently at
$1.2790
-$0.01500 (-1.17%)
Last updated on --.
How can I buy Qtum on OKX?
Whether you're new to crypto or an experienced trader, you can buy Qtum using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Qtum
Select Qtum and buy using your chosen method.
Step four
Receive your Qtum
Confirm your purchase and store your Qtum in your portfolio.
What's Qtum?
Qtum is like a digital playground where computers talk to each other to do smart things. Imagine it as a magic book that keeps promises between friends. It combines the best parts of two popular technologies to make sure everything is fair and safe. Qtum helps people and businesses create smart contracts, which are like digital agreements that automatically do what they say, without needing a middleman.
How can I buy Qtum?
1) Visit OKX and create an account by providing your email and setting a password. 2) Complete identity verification by uploading necessary documents. 3) Fund your account using a bank transfer or credit/debit card. 4) Once your account is funded, search for Qtum in the marketplace. 5) Click 'Buy' and enter the amount of Qtum you wish to purchase. 6) Confirm your order and check your balance to see your new Qtum tokens.
Why do people buy Qtum?
People buy Qtum because it allows them to use smart contracts and decentralized applications, which can make business processes more efficient. Qtum is known for its flexibility and compatibility with existing systems, making it easier for developers to build on. It is also used in various industries, from finance to supply chain, to improve transparency and reduce costs. However, it's important to understand that using Qtum requires some technical knowledge.
Things to know before buying Qtum in the United States
In the United States, cryptocurrencies like Qtum are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when buying. Be aware that any gains from selling Qtum may be subject to capital gains tax. If you earn Qtum through staking, it might be considered taxable income. Always consult a tax professional to understand your obligations.
What are other ways to own Qtum?
You can obtain Qtum without buying it by participating in airdrops, where free tokens are distributed to users. Some platforms offer Learn-and-Earn programs, rewarding you with Qtum for completing educational tasks. Staking Qtum in a network can earn you rewards over time. Additionally, providing liquidity in certain pools or completing specific tasks like referrals can also earn you Qtum. Each method requires effort and carries some risk, so research thoroughly before participating.
How can I store my Qtum?
To keep your Qtum safe, you can choose between custodial and non-custodial storage. Custodial wallets are managed by a third party, offering convenience but less control. Non-custodial wallets give you full control but require you to manage your security. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet, keep your recovery phrase safe, and consider using hardware wallets for long-term storage.
Why should I buy Qtum on OKX?
Learn more about the security measures keeping your Qtum safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
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How to get Qtum for free
Invite friends, earn rewards
See how you can get free Qtum when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Qtum grow, for free. Put your crypto to work, 24/7.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Qtum
Take advantage of price fluctuations and trade your Qtum for other cryptocurrencies.
Send Qtum
Send your Qtum anywhere, anytime with fast, low-cost transfers.
Spend Qtum
Use your Qtum to pay for goods, services, and experiences seamlessly.
Hold Qtum
If you think your Qtum will increase in value, you can hold onto it.
Sell Qtum
Convert your Qtum to cash quickly and securely.
How to buy Qtum (QTUM) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Qtum QTUM safely on a trusted exchange like OKX.
Choose the best exchange to buy Qtum (QTUM) depending on your individual needs. Factors to consider when picking the best place to buy Qtum (QTUM) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Qtum. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Qtum (QTUM), as well as fiat withdrawal options.
This depends on the method you use to convert Qtum (QTUM) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.