Nano (XNO) Price Tops $1.25 on Major Exchanges

Nano (XNO) traded up 2.4% against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on May 5th. Nano has a total market capitalization of $166.51 million and approximately $3.70 million worth of Nano was traded on exchanges in the last day. One Nano coin can now be purchased for $1.25 or 0.00001940 BTC on cryptocurrency exchanges. Over the last seven days, Nano has traded up 5% against the U.S. dollar.

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

• Bitcoin (BTC) traded 1.3% higher against the dollar and now trades at $64,400.01 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.16 or 0.00000251 BTC.
• Bitcoin Cash (BCH) traded up 0.5% against the dollar and now trades at $468.08 or 0.00726825 BTC.
• Litecoin (LTC) traded 1% lower against the dollar and now trades at $81.48 or 0.00126515 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $5.84 or 0.00009061 BTC.
• Ethereum Classic (ETC) traded 1.6% higher against the dollar and now trades at $27.53 or 0.00042744 BTC.
• Arweave (AR) traded up 15.5% against the dollar and now trades at $40.52 or 0.00062924 BTC.
• Monero (XMR) traded up 2.3% against the dollar and now trades at $128.42 or 0.00199413 BTC.
• Bitcoin SV (BSV) traded 0.6% lower against the dollar and now trades at $65.07 or 0.00101036 BTC.
• eCash (XEC) traded down 1.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Profile

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 official website for Nano is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official message board 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.

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, Changelly 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