Nano (XNO) One Day Trading Volume Reaches $510.95 Thousand

Nano (XNO) traded up 2.3% against the dollar during the 1-day period ending at 8:00 AM ET on January 28th. One Nano coin can currently be purchased for $0.71 or 0.00000794 BTC on exchanges. Nano has a total market capitalization of $95.20 million and approximately $510.95 thousand worth of Nano was traded on exchanges in the last day. Over the last week, Nano has traded up 2.2% against the dollar.

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

• Arweave (AR) traded up 1.5% against the dollar and now trades at $3.34 or 0.00003710 BTC.
• Bitcoin (BTC) traded up 2.3% against the dollar and now trades at $89,989.13 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.5% higher against the dollar and now trades at $0.13 or 0.00000141 BTC.
• Bitcoin Cash (BCH) traded 1.1% higher against the dollar and now trades at $595.91 or 0.00662198 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $476.69 or 0.00529724 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $9.16 or 0.00010175 BTC.
• Zcash (ZEC) traded 3.7% higher against the dollar and now trades at $396.65 or 0.00440781 BTC.
• Litecoin (LTC) traded 1.5% higher against the dollar and now trades at $69.88 or 0.00077657 BTC.
• Ethereum Classic (ETC) traded up 2.8% against the dollar and now trades at $11.58 or 0.00012863 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. 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. 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 currently possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView