Nano (XNO) Trading 9.2% Lower Over Last Week

Nano (XNO) traded 2.6% higher against the dollar during the 24-hour period ending at 19:00 PM Eastern on October 27th. One Nano coin can currently be bought for $0.83 or 0.00001214 BTC on major exchanges. Over the last week, Nano has traded 9.2% lower against the dollar. Nano has a market cap of $109.98 million and $1.00 million worth of Nano was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $68,014.89 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5.2% against the dollar and now trades at $0.14 or 0.00000213 BTC.
• Bitcoin Cash (BCH) traded up 1.1% against the dollar and now trades at $352.26 or 0.00517983 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $6.05 or 0.00008899 BTC.
• Litecoin (LTC) traded up 3.9% against the dollar and now trades at $70.96 or 0.00104350 BTC.
• Monero (XMR) traded up 2% against the dollar and now trades at $163.49 or 0.00240409 BTC.
• Ethereum Classic (ETC) traded 1.2% higher against the dollar and now trades at $18.42 or 0.00027080 BTC.
• Arweave (AR) traded up 0.2% against the dollar and now trades at $16.21 or 0.00023837 BTC.
• Bitcoin SV (BSV) traded up 1.6% against the dollar and now trades at $46.21 or 0.00067947 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano 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. 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. Nano’s official website is nano.org/en. 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 presently possible to buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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