Nano (XNO) Price Reaches $1.16 on Major Exchanges

Nano (XNO) traded 1% higher against the dollar during the 24 hour period ending at 11:00 AM ET on April 27th. One Nano coin can now be purchased for $1.16 or 0.00001837 BTC on major exchanges. Nano has a market cap of $154.36 million and approximately $2.75 million worth of Nano was traded on exchanges in the last day. In the last seven days, Nano has traded up 2.3% against the dollar.

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

• Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $63,047.61 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% lower against the dollar and now trades at $0.15 or 0.00000232 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $476.98 or 0.00756536 BTC.
• Litecoin (LTC) traded down 2.7% against the dollar and now trades at $84.70 or 0.00134340 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $5.81 or 0.00009214 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $26.93 or 0.00042712 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $121.09 or 0.00192059 BTC.
• Arweave (AR) traded 0.8% higher against the dollar and now trades at $32.47 or 0.00051507 BTC.
• Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $65.76 or 0.00104300 BTC.
• eCash (XEC) traded down 1.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Profile

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. 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.

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