Nano (XNO) Trading Down 2.7% This Week

Nano (XNO) traded down 4% against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on March 18th. One Nano coin can currently be purchased for approximately $1.05 or 0.00001279 BTC on exchanges. During the last week, Nano has traded 2.7% lower against the U.S. dollar. Nano has a total market capitalization of $139.26 million and $7.57 million worth of Nano was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Arweave (AR) traded 3.2% lower against the dollar and now trades at $6.71 or 0.00008214 BTC.
• Bitcoin (BTC) traded 2.4% lower against the dollar and now trades at $81,727.21 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.9% against the dollar and now trades at $0.16 or 0.00000201 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $9.72 or 0.00011899 BTC.
• Litecoin (LTC) traded down 5.5% against the dollar and now trades at $88.33 or 0.00108080 BTC.
• Bitcoin Cash (BCH) traded down 2.4% against the dollar and now trades at $331.17 or 0.00405213 BTC.
• Monero (XMR) traded down 3.2% against the dollar and now trades at $205.70 or 0.00251688 BTC.
• Ethereum Classic (ETC) traded down 3.3% against the dollar and now trades at $17.33 or 0.00021210 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $33.53 or 0.00041032 BTC.

Nano Coin Profile

Nano 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 currently possible to buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to acquire Nano should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView