Nano Trading 2.4% Lower Over Last Week (XNO)

Nano (XNO) traded down 4.3% against the dollar during the 24-hour period ending at 18:00 PM ET on October 31st. One Nano coin can currently be bought for $0.83 or 0.00001186 BTC on cryptocurrency exchanges. During the last seven days, Nano has traded down 2.4% against the dollar. Nano has a market capitalization of $111.15 million and approximately $1.33 million worth of Nano was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 3% lower against the dollar and now trades at $70,373.75 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6% lower against the dollar and now trades at $0.16 or 0.00000227 BTC.
• Bitcoin Cash (BCH) traded 4.2% lower against the dollar and now trades at $354.93 or 0.00504518 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $6.05 or 0.00008603 BTC.
• Litecoin (LTC) traded down 4.2% against the dollar and now trades at $69.18 or 0.00098344 BTC.
• Monero (XMR) traded down 3.9% against the dollar and now trades at $155.78 or 0.00221434 BTC.
• Ethereum Classic (ETC) traded 4.6% lower against the dollar and now trades at $18.58 or 0.00026416 BTC.
• Arweave (AR) traded down 6.7% against the dollar and now trades at $15.46 or 0.00021974 BTC.
• Bitcoin SV (BSV) traded 0.6% higher against the dollar and now trades at $51.04 or 0.00072548 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano 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 Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official message board is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The official website for Nano is nano.org/en.

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 US dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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