Nano (XNO) One Day Volume Reaches $1.87 Million

Nano (XNO) traded 1.8% higher against the U.S. dollar during the twenty-four hour period ending at 11:00 AM E.T. on September 7th. Over the last week, Nano has traded 3.5% lower against the U.S. dollar. One Nano coin can currently be purchased for about $0.85 or 0.00001564 BTC on cryptocurrency exchanges. Nano has a total market capitalization of $113.86 million and approximately $1.87 million worth of Nano was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $54,620.18 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.8% higher against the dollar and now trades at $0.0949 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $304.99 or 0.00558383 BTC.
• UNUS SED LEO (LEO) traded down 1.7% against the dollar and now trades at $5.43 or 0.00009942 BTC.
• Litecoin (LTC) traded down 1.9% against the dollar and now trades at $63.07 or 0.00115466 BTC.
• Monero (XMR) traded 2.7% higher against the dollar and now trades at $172.26 or 0.00315386 BTC.
• Ethereum Classic (ETC) traded 0.1% higher against the dollar and now trades at $17.60 or 0.00032230 BTC.
• Arweave (AR) traded 2.3% lower against the dollar and now trades at $20.64 or 0.00037788 BTC.
• Bitcoin SV (BSV) traded up 0.2% against the dollar and now trades at $45.11 or 0.00082589 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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. Nano’s official website 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. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official message board 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.”

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