Nano (XNO) Trading Down 1.6% This Week

Nano (XNO) traded 0.9% higher against the U.S. dollar during the 1-day period ending at 16:00 PM Eastern on April 27th. One Nano coin can now be bought for $1.17 or 0.00001849 BTC on popular exchanges. Nano has a market capitalization of $155.68 million and approximately $2.76 million worth of Nano was traded on exchanges in the last 24 hours. In the last seven days, Nano has traded down 1.6% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $63,202.83 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.3% against the dollar and now trades at $0.15 or 0.00000234 BTC.
• Bitcoin Cash (BCH) traded 3.1% lower against the dollar and now trades at $473.29 or 0.00748982 BTC.
• Litecoin (LTC) traded 5.3% lower against the dollar and now trades at $83.59 or 0.00132277 BTC.
• UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $5.81 or 0.00009192 BTC.
• Ethereum Classic (ETC) traded 1.2% lower against the dollar and now trades at $27.37 or 0.00043319 BTC.
• Monero (XMR) traded up 0.2% against the dollar and now trades at $120.86 or 0.00191264 BTC.
• Arweave (AR) traded up 7.3% against the dollar and now trades at $33.62 or 0.00053206 BTC.
• Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $67.10 or 0.00106188 BTC.
• eCash (XEC) traded 2.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Coin Profile

XNO 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 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. The official website for Nano is nano.org/en. The official message board for Nano is blog.nano.org.

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 U.S. dollars. Investors seeking to acquire Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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