Nano Tops 24 Hour Volume of $1.03 Million (XNO)

Nano (XNO) traded down 4.3% against the US dollar during the 24-hour period ending at 8:00 AM Eastern on February 1st. Nano has a market cap of $83.11 million and approximately $1.03 million worth of Nano was traded on exchanges in the last day. In the last seven days, Nano has traded down 9.8% against the US dollar. One Nano coin can currently be purchased for about $0.62 or 0.00000797 BTC on major exchanges.

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

• Arweave (AR) traded 6.7% lower against the dollar and now trades at $2.58 or 0.00003294 BTC.
• Bitcoin (BTC) traded down 5% against the dollar and now trades at $78,300.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5% lower against the dollar and now trades at $0.11 or 0.00000135 BTC.
• Bitcoin Cash (BCH) traded 0.2% lower against the dollar and now trades at $533.50 or 0.00681348 BTC.
• UNUS SED LEO (LEO) traded down 5.1% against the dollar and now trades at $8.74 or 0.00011166 BTC.
• Monero (XMR) traded 11.9% lower against the dollar and now trades at $429.44 or 0.00548450 BTC.
• Zcash (ZEC) traded 5.7% lower against the dollar and now trades at $298.64 or 0.00381406 BTC.
• Litecoin (LTC) traded down 5.9% against the dollar and now trades at $59.17 or 0.00075567 BTC.
• Ethereum Classic (ETC) traded 5.1% lower against the dollar and now trades at $9.73 or 0.00012424 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Profile

Nano (XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. Nano’s official Twitter account is @nano and its Facebook page is accessible here. 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.

According to CryptoCompare, “Nano is designed to be a low latency, high throughput cryptocurrency. It builds on an analogy from the electrical engineering discipline by equating network consensus to arbiter circuits. This gives Nano an established and well-researched modeling basis for how the system comes to a distributed, egalitarian, and efficient conclusion. In the Nano system, each account in the system has a blockchain that is controlled only by them, all chains are replicated to all peers in the network, removing block intervals, mining, transaction fees.Nano has rebranded and changed the ticker to XNO, see the official announcement.“XNO” and trades under that name on all the exchanges where it has been listed.”

Nano Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView