Nano Trading Down 10.3% Over Last Week (XNO)

Nano (XNO) traded 1.3% lower against the US dollar during the 24 hour period ending at 7:00 AM E.T. on October 27th. One Nano coin can now be bought for approximately $0.80 or 0.00001194 BTC on major cryptocurrency exchanges. Over the last week, Nano has traded down 10.3% against the US dollar. Nano has a market cap of $106.63 million and approximately $1.03 million worth of Nano was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.1% higher against the dollar and now trades at $67,013.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.4% higher against the dollar and now trades at $0.14 or 0.00000204 BTC.
• Bitcoin Cash (BCH) traded 1.5% lower against the dollar and now trades at $347.10 or 0.00517950 BTC.
• UNUS SED LEO (LEO) traded up 1.9% against the dollar and now trades at $6.12 or 0.00009130 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $69.22 or 0.00103289 BTC.
• Monero (XMR) traded 1.6% higher against the dollar and now trades at $160.71 or 0.00239825 BTC.
• Ethereum Classic (ETC) traded down 1.4% against the dollar and now trades at $18.07 or 0.00026970 BTC.
• Arweave (AR) traded down 3.9% against the dollar and now trades at $15.72 or 0.00023451 BTC.
• Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $45.36 or 0.00067685 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Profile

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 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 Twitter account is @nano and its Facebook page is accessible 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 buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView