QNT to USD is the pairing of one of the most recently added cryptoassets found on eToroX, QNT, with the US dollar. The pair may also be seen as QNT USD, QNT-USD, or QNT/USD with no difference in the meaning; in all cases, the pair represents the trading of 1 QNT for USD. QNT is the native token of the Quant Network, which was launched in 2018 to create an interconnected network of blockchains to solve problems related to interoperability. The company developed the world’s first operating system built for blockchains as well as a distributed search engine. The Quant Network uses this operating system, called Overledger, to create connections between both private networks and public blockchain networks and provides access for people creating model-driven applications, called mDapps, which use decentralized applications based on a multi-blockchain approach. QNT is used to pay for activities on the network and for licensing fees supplied to the Quant treasury. You can exchange QNT for USD on eToroX and read more about the unique altcoin below.
eToroX, which was created especially for professional, corporate, and industrial-grade crypto investors, offers an ever-growing range of cryptoassets, including both the more traditional coins as well as those just being released. eToroX boasts a rich product suite with trading tools ideally suited for crypto investing. Special orders, a credit program that offers extra liquidity, round-the-clock trading, and comprehensive analytics are just a few of the tools high-level investors demand, including QNT/USD charts, converters, and news and analysis on the sector. As a part of the eToro Group, eToroX is committed to user safety and security, and robust security protocols protect against cyber threats. Additionally, the exchange is regulated by the Gibraltar Financial Services Commission (GFSC). You can find current information about QNT-USD investing, including blogs, up-to-date news, and analysis to help you explore adding Quant or another cryptoasset to your trading portfolio.
Quant is an altcoin, the native token of the Quant Network, which was founded by Gilbert Verdian in 2018. Based in London, the company is focused on realizing universal interoperability, connecting various blockchains through its main product and operating system Overledger. The backbone of Quant, Overledger acts as an overlay over blockchains and other systems, allowing for the secure and fast exchange of digital assets and data across any blockchain network, legacy system, enterprise application, or platform, increasing the connectedness of systems quickly and to scale. In addition, Overledger is created to be future-proof, maintaining the connectedness of applications and platforms that haven’t even been designed yet. The Ethereum-based token QNT enables investors to use specific Quant network services ad pay transaction fees on the Quant network.
You can buy QNT/USD on eToroX, as well as many other popular cryptoassets such as Axie Infinity Shards (ASX), Dash, and NEO. 2021 was a good year for crypto, and Quant was no exception. The lowest prices of the year, around $12, were recorded in January, with the coin’s all-time high hitting over $420 later in the year. By the middle of December, the token had given up territory and had fallen back to the $175 range. While it is impossible to know with any certainty what the future will bring for QNT USD or the Quant Network, the company is updating its offering in ways that might prove interesting to investors as well as users. For example, early in December 2021, the network announced that it would introduce a licensing fee program for all customers and developers, payable in QNT. Quant has a maximum supply of tokens, set at 14,612,493 tokens. Currently Quant has a circulating supply of just over 12 million QNT, which is roughly 83% of the total supply.
When investing and trading Quant on eToroX (or any of the exchange’s ever-expanding offerings of cryptoassets), you can take advantage of the entire product suite and competitive fee package. This includes no fees on deposits and low or no withdrawal fees, depending on the crypto. Withdrawing from QNT incurs no withdrawal fee, which means that QNT can be bought and sold without fees. Trading of course has its own language, and when trading currencies, it is crucial to understand what is meant by the base and quote currency. In this pair, Quant is the base, which is always listed as 1 unit. The US dollar is the quote, which moves up and down in relation to the value of the base. In other words, if you see QNT USD offered at 170, you could buy 1 Quant token for $170.