Nano Price Tops $1.13 on Major Exchanges (XNO)

Nano (XNO) traded down 5.4% against the U.S. dollar during the 24-hour period ending at 15:00 PM Eastern on May 9th. Nano has a total market capitalization of $150.43 million and approximately $3.33 million worth of Nano was traded on exchanges in the last day. In the last week, Nano has traded up 1.4% against the U.S. dollar. One Nano coin can currently be purchased for about $1.13 or 0.00001817 BTC on major exchanges.

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

• Bitcoin (BTC) traded up 0.1% against the dollar and now trades at $62,121.16 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.2% against the dollar and now trades at $0.15 or 0.00000240 BTC.
• Bitcoin Cash (BCH) traded down 3.3% against the dollar and now trades at $445.28 or 0.00716790 BTC.
• Litecoin (LTC) traded 0.3% higher against the dollar and now trades at $82.12 or 0.00132190 BTC.
• UNUS SED LEO (LEO) traded down 2% against the dollar and now trades at $5.80 or 0.00009336 BTC.
• Ethereum Classic (ETC) traded 2.5% lower against the dollar and now trades at $27.40 or 0.00044114 BTC.
• Arweave (AR) traded up 9% against the dollar and now trades at $40.94 or 0.00065896 BTC.
• Monero (XMR) traded 4.1% higher against the dollar and now trades at $134.67 or 0.00216793 BTC.
• Bitcoin SV (BSV) traded 1.1% lower against the dollar and now trades at $63.55 or 0.00102297 BTC.
• eCash (XEC) traded down 0.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nano Coin Profile

Nano 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 (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 currently possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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