Nano Tops 1-Day Trading Volume of $2.17 Million (XNO)

Nano (XNO) traded up 8.4% against the dollar during the one day period ending at 14:00 PM Eastern on November 6th. Nano has a market capitalization of $114.57 million and $2.17 million worth of Nano was traded on exchanges in the last day. Over the last seven days, Nano has traded down 1.4% against the dollar. One Nano coin can currently be bought for about $0.86 or 0.00001141 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 9.5% against the dollar and now trades at $75,345.18 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 10.3% against the dollar and now trades at $0.19 or 0.00000258 BTC.
• Bitcoin Cash (BCH) traded up 8.9% against the dollar and now trades at $372.42 or 0.00494283 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $6.08 or 0.00008069 BTC.
• Litecoin (LTC) traded 5% higher against the dollar and now trades at $69.83 or 0.00092674 BTC.
• Monero (XMR) traded 2.9% higher against the dollar and now trades at $163.41 or 0.00216877 BTC.
• Ethereum Classic (ETC) traded 5.5% higher against the dollar and now trades at $19.24 or 0.00025532 BTC.
• Arweave (AR) traded 12.7% higher against the dollar and now trades at $15.47 or 0.00020531 BTC.
• Bitcoin SV (BSV) traded up 7.5% against the dollar and now trades at $50.72 or 0.00067314 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 launched 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 possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView