Nano Trading Up 55.2% This Week (XNO)

Nano (XNO) traded 15.3% higher against the US dollar during the twenty-four hour period ending at 11:00 AM E.T. on December 4th. During the last week, Nano has traded up 55.2% against the US dollar. Nano has a total market capitalization of $266.56 million and $8.03 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be bought for about $2.00 or 0.00002108 BTC on popular exchanges.

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

• Bitcoin (BTC) traded down 0.3% against the dollar and now trades at $94,898.65 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.5% lower against the dollar and now trades at $0.40 or 0.00000425 BTC.
• Bitcoin Cash (BCH) traded 2.9% higher against the dollar and now trades at $546.26 or 0.00575620 BTC.
• Litecoin (LTC) traded 4.2% lower against the dollar and now trades at $123.41 or 0.00130041 BTC.
• UNUS SED LEO (LEO) traded up 7.1% against the dollar and now trades at $9.57 or 0.00010086 BTC.
• Ethereum Classic (ETC) traded 13.7% higher against the dollar and now trades at $36.42 or 0.00038373 BTC.
• Monero (XMR) traded up 7.6% against the dollar and now trades at $190.56 or 0.00200805 BTC.
• Arweave (AR) traded 6.5% lower against the dollar and now trades at $26.17 or 0.00027580 BTC.
• IOTA (MIOTA) traded 8.5% lower against the dollar and now trades at $0.48 or 0.00000506 BTC.
• Bitcoin SV (BSV) traded up 7.9% against the dollar and now trades at $77.61 or 0.00081787 BTC.

About Nano

Nano (CRYPTO:XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It was first traded on 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 US dollars. Investors seeking to acquire Nano should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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