Nano Trading Up 2.7% Over Last 7 Days (XNO)

Nano (XNO) traded up 2.5% against the U.S. dollar during the 1-day period ending at 19:00 PM ET on October 11th. Over the last week, Nano has traded up 2.7% against the U.S. dollar. One Nano coin can now be bought for approximately $0.85 or 0.00001361 BTC on exchanges. Nano has a market capitalization of $113.35 million and approximately $1.36 million worth of Nano was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded up 3.6% against the dollar and now trades at $62,534.36 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.7% against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $327.33 or 0.00523557 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $6.08 or 0.00009721 BTC.
• Litecoin (LTC) traded 2% higher against the dollar and now trades at $65.55 or 0.00104846 BTC.
• Monero (XMR) traded down 0.3% against the dollar and now trades at $151.60 or 0.00242489 BTC.
• Ethereum Classic (ETC) traded 2.3% higher against the dollar and now trades at $18.61 or 0.00029762 BTC.
• Arweave (AR) traded up 4.2% against the dollar and now trades at $18.79 or 0.00030048 BTC.
• Bitcoin SV (BSV) traded up 3.6% against the dollar and now trades at $45.55 or 0.00072859 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

XNO is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official website is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official message board for Nano is blog.nano.org.

According to CryptoCompare, “Nano (XNO), previously RaiBlocks, is a decentralized digital currency that addresses inefficiencies in existing cryptocurrencies. It uses a unique block-lattice architecture, enabling immediate transaction processing and scalability. The Nano network offers instant, fee-less transactions with unlimited scalability through an efficient consensus mechanism called Open Representative Voting (ORV). Nano is used for peer-to-peer transactions and is popular in microtransactions due to its instant and fee-less attributes. It was created by Colin LeMahieu in 2015 to address issues of scalability and fees in existing cryptocurrency designs.”

Buying and Selling Nano

It is usually not currently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView