Nano (XNO) Trading 14.2% Lower Over Last 7 Days

Nano (XNO) traded up 3.8% against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on February 26th. One Nano coin can now be bought for about $1.10 or 0.00001269 BTC on popular exchanges. Nano has a total market cap of $146.91 million and $2.58 million worth of Nano was traded on exchanges in the last 24 hours. Over the last week, Nano has traded down 14.2% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $86,861.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.21 or 0.00000237 BTC.
• Litecoin (LTC) traded 13.8% higher against the dollar and now trades at $127.54 or 0.00146825 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $8.97 or 0.00010326 BTC.
• Bitcoin Cash (BCH) traded 3.4% higher against the dollar and now trades at $295.89 or 0.00340642 BTC.
• Monero (XMR) traded 0.3% higher against the dollar and now trades at $217.67 or 0.00250590 BTC.
• Ethereum Classic (ETC) traded up 1.8% against the dollar and now trades at $18.86 or 0.00021718 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded up 4.4% against the dollar and now trades at $0.21 or 0.00000236 BTC.
• Bitcoin SV (BSV) traded up 0.7% against the dollar and now trades at $35.13 or 0.00040445 BTC.

Nano Coin Profile

XNO is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It was first traded on 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. 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 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.”

Buying and Selling Nano

It is usually not presently possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView