Nano (XNO) Price Tops $1.57 on Exchanges

Nano (XNO) traded 3% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on January 5th. Nano has a market cap of $208.71 million and $2.64 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for $1.57 or 0.00001598 BTC on cryptocurrency exchanges. During the last seven days, Nano has traded up 10.4% against the U.S. dollar.

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

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $97,999.52 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.3% against the dollar and now trades at $0.38 or 0.00000391 BTC.
• Bitcoin Cash (BCH) traded down 2.4% against the dollar and now trades at $467.28 or 0.00476819 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $112.19 or 0.00114485 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $9.08 or 0.00009263 BTC.
• Ethereum Classic (ETC) traded down 0.9% against the dollar and now trades at $27.92 or 0.00028489 BTC.
• Monero (XMR) traded down 1.1% against the dollar and now trades at $196.95 or 0.00200971 BTC.
• IOTA (MIOTA) traded 0.5% higher against the dollar and now trades at $0.36 or 0.00000366 BTC.
• Arweave (AR) traded down 1.3% against the dollar and now trades at $19.03 or 0.00019421 BTC.
• Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $56.53 or 0.00057683 BTC.

About Nano

Nano (CRYPTO: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 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. The official message board for Nano is blog.nano.org.

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 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 Gemini, Coinbase or GDAX. 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