Home Crypto Altcoin News Now You Can Use Qtum to Trade on Global Markets

Now You Can Use Qtum to Trade on Global Markets

Qtum, an open source public blockchain platform for decentralized applications and smart contracts, announced today that its native cryptocurrency, QTUM, can now be used to invest in traditional markets on mobile trading app Quantfury.

The partnership is designed to help Qtum’s Asian user base, which has typically been unable to benefit from the stability of Western markets. This initiative comes at a time when the cryptocurrency market has suffered a massive downturn which increased the need for mainstream adoption.

“We’re thrilled to offer Qtum holders more frictionless ways to use their tokens. From investments to payments, our users have access to a number of powerful and cutting-edge financial tools,” said Miguel Palencia, Chief Information Officer of the Qtum Foundation.

Quantfury, which has a user base extending to more than 40 countries around the world and offers real-time back-to-back bid and ask prices from key global exchanges, will now let its users expand their investment portfolios into different financial instruments such as stocks, cryptocurrencies, commodities, and ETFs using QTUM. Such financial initiatives will have zero fees and no commissions of any kind.

“Traditionally, you’d have to fund accounts with specific fiat currencies in order to trade stocks and these forms of trading financial assets often come with all sorts of fees, some hidden and at adjusted prices,” the Qtum Foundation said on a blog post. “With this collaboration, users have the option to buy stocks like Tesla (TSLA), Amazon (AMZN), or Apple (AAPL) instantly with dollar funds, using their Qtum tokens as collateral, without having to pay any commission or maker and taker fees.”

The integration will push the retail investment experience into a new realm of possibilities and will bring liquidity as well as market exposure both ways.

“By accepting proven cryptocurrencies and their respective community members, we’re advancing our goal of building the crucial links between the traditional and modern financial worlds,” said Gregory Kim, Quantfury CEO.

Read more:

The above is to be considered opinion and not investment advice in any way, as an unbiased media, no one interferes with the Editorial content of CryptoInsider.com, writers have freedom to choose their own direction, members of Crypto Insider do not participate in trades based on content.

Like what we wrote? Donate to us today so we may continue to write! 
ETH: 0xDf4d2529D777a80717E85Ed2269830ad6265951B
LTC: LMT3LCbCSvActkVo4dgzbHjn1HPrCgKch2
BCH: 17sFsLgZq9jibtqi5Bo5SiUcCD4TG8RQwE

Señor Satoshi
Señor Satoshi
Señor Satoshi began forex trading in 2012 to become financially independent and travel the world while working on his own. In 2014, he came across Bitcoin’s white paper written by Satoshi Nakamoto. He was so fascinated by the idea of a decentralized, borderless, and censorship resistant currency that he started buying Bitcoin at the time. By 2015, with some of the earnings generated in forex trading he started traveling the world spreading the word about Bitcoin everywhere he went. The Bull Market that the cryptocurrency market experienced in 2017 got Señor Satoshi’s attention out of the forex market and since then he’s been dedicated to trading cryptocurrencies.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.



Interview: Yoni Assia on eToroX and the cryptocurrency market

On April 16th 2019, eToro founder and CEO Yoni Assia has agreed to do an exclusive interview for Crypto Insider at the Paris Blockchain...