Nano Price Reaches $0.82 (XNO)

Nano (XNO) traded down 6.9% against the dollar during the 24-hour period ending at 22:00 PM ET on August 15th. During the last seven days, Nano has traded 4.9% lower against the dollar. One Nano coin can now be purchased for $0.82 or 0.00001437 BTC on popular cryptocurrency exchanges. Nano has a total market cap of $109.64 million and $2.44 million worth of Nano was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 2.6% lower against the dollar and now trades at $57,269.42 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.6% lower against the dollar and now trades at $0.0998 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded down 1.1% against the dollar and now trades at $334.04 or 0.00583271 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $5.88 or 0.00010269 BTC.
• Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $65.13 or 0.00113725 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $149.62 or 0.00261253 BTC.
• Ethereum Classic (ETC) traded down 1.7% against the dollar and now trades at $18.51 or 0.00032322 BTC.
• Arweave (AR) traded 4.1% lower against the dollar and now trades at $20.54 or 0.00035868 BTC.
• Bitcoin SV (BSV) traded 1.7% lower against the dollar and now trades at $42.46 or 0.00074136 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Profile

Nano 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 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. The official website for Nano 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.”

Buying and Selling Nano

It is usually not possible to buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first buy 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 buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView