Nano Trading Down 6.5% Over Last 7 Days (XNO)

Nano (XNO) traded down 0.7% against the US dollar during the twenty-four hour period ending at 20:00 PM ET on September 16th. Nano has a total market capitalization of $111.57 million and $1.61 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for $0.84 or 0.00001441 BTC on exchanges. In the last week, Nano has traded 6.5% lower against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $58,093.87 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.6% lower against the dollar and now trades at $0.0996 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded down 0.7% against the dollar and now trades at $312.05 or 0.00536988 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $5.69 or 0.00009798 BTC.
• Litecoin (LTC) traded 0.8% lower against the dollar and now trades at $62.49 or 0.00107541 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $169.75 or 0.00292118 BTC.
• Ethereum Classic (ETC) traded 0.1% higher against the dollar and now trades at $17.74 or 0.00030527 BTC.
• Arweave (AR) traded 0.1% higher against the dollar and now trades at $18.92 or 0.00032563 BTC.
• Bitcoin SV (BSV) traded down 0.1% against the dollar and now trades at $46.30 or 0.00079668 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano 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. The official website for Nano is nano.org/en. 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.

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 possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade 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 exchanges listed above.

XNO/USD price chart by TradingView