Nano Price Up 2.3% This Week (XNO)

Nano (XNO) traded 7% higher against the dollar during the 1-day period ending at 21:00 PM E.T. on October 14th. Nano has a market capitalization of $118.96 million and approximately $1.49 million worth of Nano was traded on exchanges in the last day. In the last week, Nano has traded 2.3% higher against the dollar. One Nano coin can currently be bought for $0.89 or 0.00001356 BTC on exchanges.

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

• Bitcoin (BTC) traded up 4.9% against the dollar and now trades at $65,825.08 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.9% against the dollar and now trades at $0.12 or 0.00000179 BTC.
• Bitcoin Cash (BCH) traded 18.6% higher against the dollar and now trades at $380.94 or 0.00578719 BTC.
• UNUS SED LEO (LEO) traded 0.9% higher against the dollar and now trades at $6.15 or 0.00009336 BTC.
• Litecoin (LTC) traded 4.8% higher against the dollar and now trades at $67.54 or 0.00102608 BTC.
• Ethereum Classic (ETC) traded 6% higher against the dollar and now trades at $19.58 or 0.00029745 BTC.
• Monero (XMR) traded 5.1% higher against the dollar and now trades at $157.15 or 0.00238744 BTC.
• Arweave (AR) traded up 6.6% against the dollar and now trades at $20.46 or 0.00031089 BTC.
• Bitcoin SV (BSV) traded up 13.7% against the dollar and now trades at $51.14 or 0.00077698 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. The official website for Nano is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official message board is blog.nano.org. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView