Nano Price Tops $0.89 (XNO)

Nano (XNO) traded up 2.9% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on October 20th. One Nano coin can now be purchased for $0.89 or 0.00001301 BTC on popular exchanges. Nano has a market cap of $118.57 million and $906,931.74 worth of Nano was traded on exchanges in the last 24 hours. During the last seven days, Nano has traded up 4.7% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0.5% against the dollar and now trades at $68,416.10 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.14 or 0.00000209 BTC.
• Bitcoin Cash (BCH) traded up 0.7% against the dollar and now trades at $364.40 or 0.00532625 BTC.
• Litecoin (LTC) traded 0.2% higher against the dollar and now trades at $75.07 or 0.00109730 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.08 or 0.00008891 BTC.
• Monero (XMR) traded down 0.4% against the dollar and now trades at $160.43 or 0.00234492 BTC.
• Ethereum Classic (ETC) traded up 2.3% against the dollar and now trades at $19.66 or 0.00028737 BTC.
• Arweave (AR) traded 2.7% higher against the dollar and now trades at $19.10 or 0.00027922 BTC.
• Bitcoin SV (BSV) traded up 0.6% against the dollar and now trades at $50.55 or 0.00073885 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. It launched on 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. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. The official website for Nano is nano.org/en. 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.”

Buying and Selling Nano

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

XNO/USD price chart by TradingView