Nano (XNO) Trading 1.8% Lower This Week

Nano (XNO) traded down 0.4% against the dollar during the 24-hour period ending at 23:00 PM Eastern on October 24th. One Nano coin can currently be bought for about $0.85 or 0.00001249 BTC on exchanges. During the last seven days, Nano has traded 1.8% lower against the dollar. Nano has a total market cap of $113.23 million and $1.28 million worth of Nano was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $68,009.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.4% lower against the dollar and now trades at $0.14 or 0.00000206 BTC.
• Bitcoin Cash (BCH) traded 2.4% higher against the dollar and now trades at $363.77 or 0.00534881 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $6.10 or 0.00008974 BTC.
• Litecoin (LTC) traded up 1.6% against the dollar and now trades at $71.06 or 0.00104487 BTC.
• Monero (XMR) traded down 0.3% against the dollar and now trades at $156.93 or 0.00230747 BTC.
• Ethereum Classic (ETC) traded 0.3% lower against the dollar and now trades at $18.72 or 0.00027531 BTC.
• Arweave (AR) traded 1% higher against the dollar and now trades at $18.25 or 0.00026827 BTC.
• Bitcoin SV (BSV) traded up 1.7% against the dollar and now trades at $48.23 or 0.00070913 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Profile

Nano is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on 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. 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.

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 buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView