Nano (XNO) Price Hits $0.81 on Major Exchanges

Nano (XNO) traded down 10% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on July 4th. Nano has a market cap of $107.81 million and $2.35 million worth of Nano was traded on exchanges in the last 24 hours. In the last week, Nano has traded 13.7% lower against the U.S. dollar. One Nano coin can now be bought for about $0.81 or 0.00001412 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 4.9% against the dollar and now trades at $57,273.91 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 9.2% against the dollar and now trades at $0.11 or 0.00000189 BTC.
• Bitcoin Cash (BCH) traded down 8.7% against the dollar and now trades at $342.13 or 0.00597010 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.74 or 0.00010019 BTC.
• Litecoin (LTC) traded 8% lower against the dollar and now trades at $68.26 or 0.00119116 BTC.
• Ethereum Classic (ETC) traded down 5% against the dollar and now trades at $21.41 or 0.00037359 BTC.
• Monero (XMR) traded down 4.4% against the dollar and now trades at $159.19 or 0.00277781 BTC.
• Arweave (AR) traded 12.7% lower against the dollar and now trades at $23.66 or 0.00041289 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 11.5% against the dollar and now trades at $38.05 or 0.00066404 BTC.

Nano Coin Profile

Nano (XNO) 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. 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. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed 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 presently possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to acquire Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly 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