Nano 24-Hour Trading Volume Reaches $1.14 Million (XNO)

Nano (XNO) traded 2% lower against the US dollar during the 24 hour period ending at 10:00 AM Eastern on October 23rd. Nano has a market cap of $113.44 million and approximately $1.14 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be bought for approximately $0.85 or 0.00001275 BTC on popular exchanges. In the last week, Nano has traded 3.3% lower against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.5% lower against the dollar and now trades at $66,785.88 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.6% higher against the dollar and now trades at $0.14 or 0.00000209 BTC.
• Bitcoin Cash (BCH) traded 1.1% lower against the dollar and now trades at $351.54 or 0.00526362 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $6.08 or 0.00009099 BTC.
• Litecoin (LTC) traded 0.7% lower against the dollar and now trades at $69.30 or 0.00103764 BTC.
• Monero (XMR) traded 0.1% lower against the dollar and now trades at $156.33 or 0.00234071 BTC.
• Ethereum Classic (ETC) traded 1.1% lower against the dollar and now trades at $18.79 or 0.00028134 BTC.
• Arweave (AR) traded down 0.3% against the dollar and now trades at $18.11 or 0.00027110 BTC.
• Bitcoin SV (BSV) traded down 1.4% against the dollar and now trades at $47.24 or 0.00070732 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It was first traded 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 message board for Nano is blog.nano.org. The official website for Nano is nano.org/en.

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 possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView