Nano Trading Up 1.7% This Week (XNO)

Nano (XNO) traded down 2.2% against the US dollar during the 1-day period ending at 20:00 PM Eastern on November 1st. In the last seven days, Nano has traded up 1.7% against the US dollar. One Nano coin can now be purchased for approximately $0.81 or 0.00001169 BTC on exchanges. Nano has a total market cap of $108.22 million and approximately $1.54 million worth of Nano was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $69,469.61 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.4% lower against the dollar and now trades at $0.16 or 0.00000229 BTC.
• Bitcoin Cash (BCH) traded 2.5% lower against the dollar and now trades at $349.52 or 0.00503127 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008704 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $70.24 or 0.00101114 BTC.
• Monero (XMR) traded up 0.6% against the dollar and now trades at $156.48 or 0.00225244 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $18.45 or 0.00026565 BTC.
• Bitcoin SV (BSV) traded 3.9% lower against the dollar and now trades at $49.84 or 0.00071737 BTC.
• Arweave (AR) traded down 4.8% against the dollar and now trades at $14.62 or 0.00021039 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano (CRYPTO: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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official website is nano.org/en. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official message board 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.”

Nano Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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