Nano (XNO) Price Reaches $1.02 on Major Exchanges

Nano (XNO) traded up 5.5% against the dollar during the 1-day period ending at 13:00 PM E.T. on August 23rd. Nano has a market cap of $135.26 million and approximately $2.16 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can currently be purchased for $1.02 or 0.00001635 BTC on major exchanges. During the last week, Nano has traded up 26.3% against the dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 4.5% higher against the dollar and now trades at $62,096.67 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5% against the dollar and now trades at $0.11 or 0.00000179 BTC.
• Bitcoin Cash (BCH) traded 2.9% higher against the dollar and now trades at $356.49 or 0.00574095 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $5.88 or 0.00009471 BTC.
• Litecoin (LTC) traded 3% higher against the dollar and now trades at $64.95 or 0.00104598 BTC.
• Monero (XMR) traded 2.3% higher against the dollar and now trades at $170.28 or 0.00274212 BTC.
• Ethereum Classic (ETC) traded up 4.2% against the dollar and now trades at $20.21 or 0.00032544 BTC.
• Arweave (AR) traded 7.9% higher against the dollar and now trades at $26.00 or 0.00041864 BTC.
• Bitcoin SV (BSV) traded 4.7% higher against the dollar and now trades at $46.35 or 0.00074643 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. Its genesis date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. The official message board for Nano is blog.nano.org. 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.

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 presently possible to purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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