What Is the QNT Coin? Part 2

This is the second article in our series about the QNT coin. We will answer four popular questions about this coin.

You can read our first article on the coin here. So, let’s now see what the QNT coin has under the hood.

When Was QNT Listed on Coinbase?

The QNT coin launched back in June 2018. However, it didn’t get listed on Coinbase until June 23, 2021. That same day, Coinbase also listed the BarnBridge (BOND) and Livepeer (LPT) tokens.

The Quant coin is an ERC20 token, and it powers the Quant Network’s Overledger. Quant’s goal is to connect public blockchains with private networks. To achieve this, developers can use mDapps. These work simultaneously on various blockchains.

The launch happened in three phases.

  • Post-only
  • Limit-only 
  • Full trading 

This way, Coinbase assured enough liquidity for safe trading. If, at any of these steps, QNT didn’t meet their expectations, Coinbase had two options. Extend one of the phases or suspend trading. Well, rest assured, the QNT coin met all requirements and gathered enough liquidity. It went with ease through all the three mentioned phases.

What Is the QNT Withdrawal Fee?

Withdrawal fees vary between exchanges. Coinbase is currently the cheapest option. They charge $0.76 (0.00643566 QNT). The smallest withdrawal amount is 0.001 QNT ($0.12). On the other hand, Binance charges $2.96 (0.025 QNT). So, their minimum withdrawal amount is 0.05 QNT ($5.92). It’s best to check with each exchange and compare rates. This way you can find an exchange that meets your expectations.

The picture below gives you a good idea of what the current withdrawals on the various exchanges are.


Source: WithdrawalFees

Where Do You Buy QNT Crypto?

You won’t have problems finding the QNT crypto coin. To illustrate, all major exchanges and a few DEXes list the Quant coin. For example:

  • Binance
  • Gate.io
  • Kraken
  • KuCoin
  • Coinbase
  • Crypto.com

There are also plenty of smaller, local exchanges that offer QNT. For instance, WazirX in India, Indodax and TokoCrypto in Indonesia, or BtcTurk Pro in Turkey. For DEXes, you can look at Uniswap V2 and V3 or Bancor V3.

The current price of the Quant coin is $117.70 with a market cap of $1.7 billion. The max token supply is 14,612,493 QNT. Out of these, an estimated 14,544,190 QNT already circulate. The following picture shows 16 out of the 86 listed exchanges on CoinGecko.

Source: CoinGecko

QNT Coin News

Newsbtc thinks that this coin can surge past the $150 mark. On December 4th, the coin hit $132 and saw a 10% surge. However, by the time of writing on December 8th, the price slumped back to $117.

On December 6th, the Quant network partnered with UST. They offer digital transformation solutions. This will provide tokenization services to banks and capital markets participants. UST is also a technology consulting firm with 30,000 employees and 80 offices in 30+ countries. In other words, this is a boost to Quant’s Overledger. Here are three possible options that financial institutions in UST’s network now can issue. For this, they will use Overledger.

  • CBDCs
  • Commercial stablecoins 
  • Digital securities


We answered four popular questions about the Quant network and its coin. This is besides questions we already answered in Part 1.

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