Nano Trading 1.4% Lower Over Last 7 Days (XNO)

Nano (XNO) traded 10.3% higher against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on March 2nd. Over the last seven days, Nano has traded down 1.4% against the US dollar. Nano has a total market cap of $157.60 million and approximately $1.39 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can currently be bought for $1.18 or 0.00001315 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 7.5% higher against the dollar and now trades at $89,932.16 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 13.1% against the dollar and now trades at $0.23 or 0.00000255 BTC.
• Litecoin (LTC) traded 0.3% higher against the dollar and now trades at $125.94 or 0.00140043 BTC.
• UNUS SED LEO (LEO) traded 0.5% higher against the dollar and now trades at $9.79 or 0.00010886 BTC.
• Bitcoin Cash (BCH) traded 7.3% higher against the dollar and now trades at $331.40 or 0.00368497 BTC.
• Monero (XMR) traded up 4.6% against the dollar and now trades at $228.71 or 0.00254311 BTC.
• Ethereum Classic (ETC) traded up 5.8% against the dollar and now trades at $20.11 or 0.00022366 BTC.
• IOTA (MIOTA) traded 16.2% higher against the dollar and now trades at $0.23 or 0.00000257 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 4.3% against the dollar and now trades at $35.90 or 0.00039918 BTC.

Nano Coin Profile

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

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 Coinbase, Changelly or GDAX. 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