Nano Hits 1-Day Volume of $3.24 Million (XNO)

Nano (XNO) traded 7% lower against the U.S. dollar during the twenty-four hour period ending at 0:00 AM E.T. on April 9th. Nano has a total market capitalization of $193.76 million and approximately $3.24 million worth of Nano was traded on exchanges in the last day. Over the last week, Nano has traded 5.4% higher against the U.S. dollar. One Nano coin can currently be purchased for about $1.45 or 0.00002104 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 3% against the dollar and now trades at $69,107.26 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.7% lower against the dollar and now trades at $0.19 or 0.00000272 BTC.
• Bitcoin Cash (BCH) traded down 7.9% against the dollar and now trades at $624.01 or 0.00902959 BTC.
• Litecoin (LTC) traded down 4.6% against the dollar and now trades at $97.44 or 0.00140992 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $5.85 or 0.00008466 BTC.
• Ethereum Classic (ETC) traded 7.4% lower against the dollar and now trades at $32.60 or 0.00047168 BTC.
• Monero (XMR) traded 2.6% lower against the dollar and now trades at $131.95 or 0.00190930 BTC.
• Arweave (AR) traded 9.5% lower against the dollar and now trades at $31.05 or 0.00044934 BTC.
• Bitcoin SV (BSV) traded down 6% against the dollar and now trades at $92.62 or 0.00134025 BTC.
• Nervos Network (CKB) traded 8.6% higher against the dollar and now trades at $0.0340 or 0.00000049 BTC.

Nano Profile

Nano 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. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official message board is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official website is nano.org/en.

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 presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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