Nano Price Tops $0.86 (XNO)

Nano (XNO) traded up 2.4% against the US dollar during the 1-day period ending at 20:00 PM Eastern on October 18th. One Nano coin can now be bought for approximately $0.86 or 0.00001261 BTC on major exchanges. Nano has a market cap of $115.01 million and $1.09 million worth of Nano was traded on exchanges in the last 24 hours. In the last week, Nano has traded up 2% against the US dollar.

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

• Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $68,444.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.4% against the dollar and now trades at $0.14 or 0.00000201 BTC.
• Bitcoin Cash (BCH) traded down 0.7% against the dollar and now trades at $367.01 or 0.00536215 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $6.05 or 0.00008837 BTC.
• Litecoin (LTC) traded up 0.5% against the dollar and now trades at $73.24 or 0.00107007 BTC.
• Monero (XMR) traded up 1.8% against the dollar and now trades at $160.37 or 0.00234301 BTC.
• Ethereum Classic (ETC) traded up 1.7% against the dollar and now trades at $19.35 or 0.00028273 BTC.
• Arweave (AR) traded up 3.4% against the dollar and now trades at $19.11 or 0.00027920 BTC.
• Bitcoin SV (BSV) traded up 1.2% against the dollar and now trades at $51.31 or 0.00074963 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano (CRYPTO:XNO) 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 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. 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.”

Buying and Selling Nano

It is usually not possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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