Nano Price Hits $0.80 on Exchanges (XNO)

Nano (XNO) traded down 2.5% against the dollar during the one day period ending at 14:00 PM Eastern on October 28th. One Nano coin can now be purchased for about $0.80 or 0.00001161 BTC on major exchanges. Nano has a total market cap of $106.84 million and $1.20 million worth of Nano was traded on exchanges in the last 24 hours. During the last seven days, Nano has traded 9.5% lower against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 2.4% higher against the dollar and now trades at $69,091.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5.8% against the dollar and now trades at $0.15 or 0.00000219 BTC.
• Bitcoin Cash (BCH) traded 3% higher against the dollar and now trades at $361.29 or 0.00522919 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $6.05 or 0.00008760 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $70.02 or 0.00101342 BTC.
• Monero (XMR) traded 0.1% lower against the dollar and now trades at $161.68 or 0.00234003 BTC.
• Ethereum Classic (ETC) traded 1.3% higher against the dollar and now trades at $18.66 or 0.00027003 BTC.
• Arweave (AR) traded 4% lower against the dollar and now trades at $15.51 or 0.00022442 BTC.
• Bitcoin SV (BSV) traded up 8.5% against the dollar and now trades at $50.05 or 0.00072435 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

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. 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. 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.”

Nano Coin Trading

It is usually not presently 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 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