Nano Trading Down 6.5% Over Last 7 Days (XNO)

Nano (XNO) traded 0.7% lower against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on September 16th. Nano has a market capitalization of $111.57 million and approximately $1.61 million worth of Nano was traded on exchanges in the last day. One Nano coin can currently be bought for $0.84 or 0.00001441 BTC on popular cryptocurrency exchanges. Over the last week, Nano has traded down 6.5% against the dollar.

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

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $58,093.87 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.6% against the dollar and now trades at $0.0996 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded down 0.7% against the dollar and now trades at $312.05 or 0.00536988 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $5.69 or 0.00009798 BTC.
• Litecoin (LTC) traded 0.8% lower against the dollar and now trades at $62.49 or 0.00107541 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $169.75 or 0.00292118 BTC.
• Ethereum Classic (ETC) traded up 0.1% against the dollar and now trades at $17.74 or 0.00030527 BTC.
• Arweave (AR) traded 0.1% higher against the dollar and now trades at $18.92 or 0.00032563 BTC.
• Bitcoin SV (BSV) traded 0.1% lower against the dollar and now trades at $46.30 or 0.00079668 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano 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. 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. 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.”

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView