Nano (XNO) Price Tops $1.19 on Exchanges

Nano (XNO) traded 2.3% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on April 25th. During the last seven days, Nano has traded 16.2% higher against the U.S. dollar. One Nano coin can now be bought for approximately $1.19 or 0.00001844 BTC on exchanges. Nano has a total market cap of $158.21 million and $4.00 million worth of Nano was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $64,379.54 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% lower against the dollar and now trades at $0.15 or 0.00000234 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $475.86 or 0.00738988 BTC.
• Litecoin (LTC) traded 1.7% higher against the dollar and now trades at $84.83 or 0.00131731 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $5.77 or 0.00008961 BTC.
• Ethereum Classic (ETC) traded 1.7% higher against the dollar and now trades at $26.60 or 0.00041303 BTC.
• Monero (XMR) traded 1.8% higher against the dollar and now trades at $120.68 or 0.00187411 BTC.
• Arweave (AR) traded 3.9% higher against the dollar and now trades at $33.70 or 0.00052335 BTC.
• Bitcoin SV (BSV) traded 2.3% lower against the dollar and now trades at $65.89 or 0.00102328 BTC.
• eCash (XEC) traded 2.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Coin Profile

XNO is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. Nano’s official Twitter account is @nano and its Facebook page is accessible here. 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 website 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 currently 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 GDAX, Coinbase or Changelly. 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