Nano (XNO) Price Reaches $1.06 on Exchanges

Nano (XNO) traded 3.8% higher against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on April 17th. Nano has a total market cap of $141.03 million and approximately $6.13 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be bought for approximately $1.06 or 0.00001718 BTC on exchanges. In the last week, Nano has traded 23.8% lower against the US dollar.

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

• Bitcoin (BTC) traded down 3.4% against the dollar and now trades at $61,625.45 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.2% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 2.3% lower against the dollar and now trades at $471.57 or 0.00765218 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $80.51 or 0.00130639 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.85 or 0.00009497 BTC.
• Ethereum Classic (ETC) traded down 2.4% against the dollar and now trades at $25.60 or 0.00041537 BTC.
• Monero (XMR) traded down 3.8% against the dollar and now trades at $117.98 or 0.00191442 BTC.
• Arweave (AR) traded 1.1% lower against the dollar and now trades at $24.09 or 0.00039090 BTC.
• Bitcoin SV (BSV) traded down 1.9% against the dollar and now trades at $65.46 or 0.00106227 BTC.
• eCash (XEC) traded 3.8% lower 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 launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. The official message board for Nano is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible here. 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.

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 currently possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView