Nano Price Reaches $0.82 (XNO)

Nano (XNO) traded 3.1% higher against the US dollar during the 24 hour period ending at 13:00 PM ET on October 27th. Over the last seven days, Nano has traded 9% lower against the US dollar. One Nano coin can now be bought for about $0.82 or 0.00001215 BTC on popular exchanges. Nano has a market cap of $109.55 million and approximately $996,102.72 worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $67,667.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.8% against the dollar and now trades at $0.14 or 0.00000211 BTC.
• Bitcoin Cash (BCH) traded up 1.5% against the dollar and now trades at $352.11 or 0.00520362 BTC.
• UNUS SED LEO (LEO) traded up 2.1% against the dollar and now trades at $6.10 or 0.00009009 BTC.
• Litecoin (LTC) traded up 3.4% against the dollar and now trades at $70.53 or 0.00104228 BTC.
• Monero (XMR) traded up 2.9% against the dollar and now trades at $162.74 or 0.00240498 BTC.
• Ethereum Classic (ETC) traded up 2.2% against the dollar and now trades at $18.49 or 0.00027325 BTC.
• Arweave (AR) traded 2.1% higher against the dollar and now trades at $16.23 or 0.00023981 BTC.
• Bitcoin SV (BSV) traded 2.7% higher against the dollar and now trades at $46.13 or 0.00068179 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. It was first traded on 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 message board is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official website 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 presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase 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