Nano (XNO) Price Hits $0.81 on Major Exchanges

Nano (XNO) traded down 10% against the dollar during the 1-day period ending at 10:00 AM Eastern on July 4th. Nano has a market capitalization of $107.81 million and $2.35 million worth of Nano was traded on exchanges in the last day. One Nano coin can currently be purchased for approximately $0.81 or 0.00001412 BTC on major cryptocurrency exchanges. In the last seven days, Nano has traded down 13.7% against the dollar.

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

• Bitcoin (BTC) traded 4.9% lower against the dollar and now trades at $57,273.91 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 9.2% against the dollar and now trades at $0.11 or 0.00000189 BTC.
• Bitcoin Cash (BCH) traded down 8.7% against the dollar and now trades at $342.13 or 0.00597010 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.74 or 0.00010019 BTC.
• Litecoin (LTC) traded down 8% against the dollar and now trades at $68.26 or 0.00119116 BTC.
• Ethereum Classic (ETC) traded down 5% against the dollar and now trades at $21.41 or 0.00037359 BTC.
• Monero (XMR) traded down 4.4% against the dollar and now trades at $159.19 or 0.00277781 BTC.
• Arweave (AR) traded down 12.7% against the dollar and now trades at $23.66 or 0.00041289 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 11.5% against the dollar and now trades at $38.05 or 0.00066404 BTC.

About Nano

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. Nano’s official message board is blog.nano.org. 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. 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 possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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