Nano Trading Down 3.4% This Week (XNO)

Nano (XNO) traded 3% higher against the dollar during the 24-hour period ending at 10:00 AM ET on November 4th. Nano has a market capitalization of $103.34 million and $1.22 million worth of Nano was traded on exchanges in the last day. One Nano coin can currently be purchased for approximately $0.78 or 0.00001135 BTC on popular cryptocurrency exchanges. In the last week, Nano has traded 3.4% lower against the dollar.

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

• Bitcoin (BTC) traded 0.6% higher against the dollar and now trades at $68,316.37 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 8% against the dollar and now trades at $0.16 or 0.00000229 BTC.
• Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $336.23 or 0.00492172 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $6.04 or 0.00008848 BTC.
• Litecoin (LTC) traded 1.2% higher against the dollar and now trades at $66.67 or 0.00097588 BTC.
• Monero (XMR) traded 2.7% higher against the dollar and now trades at $160.60 or 0.00235081 BTC.
• Ethereum Classic (ETC) traded 1.6% higher against the dollar and now trades at $17.76 or 0.00025999 BTC.
• Bitcoin SV (BSV) traded down 0.6% against the dollar and now trades at $45.98 or 0.00067302 BTC.
• Arweave (AR) traded 2.1% higher against the dollar and now trades at $13.70 or 0.00020059 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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. Its launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. The official message board for Nano is blog.nano.org. The official website for Nano is nano.org/en. 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.

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

XNO/USD price chart by TradingView