Nano (XNO) Price Up 5.8% This Week

Nano (XNO) traded up 3.4% against the U.S. dollar during the 1 day period ending at 22:00 PM Eastern on August 5th. During the last week, Nano has traded 5.8% higher against the U.S. dollar. Nano has a market cap of $140.26 million and approximately $2.23 million worth of Nano was traded on exchanges in the last 24 hours. One Nano coin can now be purchased for approximately $1.05 or 0.00004533 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • Siacoin (SC) traded up 2.7% against the dollar and now trades at $0.0047 or 0.00000020 BTC.
  • MobileCoin (MOB) traded down 2.9% against the dollar and now trades at $1.38 or 0.00005927 BTC.
  • ScPrime (SCP) traded 0.3% higher against the dollar and now trades at $0.27 or 0.00001173 BTC.
  • Silver Coin (SC) traded 8.8% lower against the dollar and now trades at $0.0081 or 0.00000021 BTC.
  • Scope (SCP) traded 92.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nano Coin Profile

Nano is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It launched on February 29th, 2016. Nano’s total supply is 133,248,297 coins. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official message board is forum.nano.org. The Reddit community for Nano is /r/nanocurrency/ and the currency’s Github account can be viewed here. Nano’s official website is nano.org/en.

According to CryptoCompare, “Jan 31, 2018: Nano Rebrand Announcement Nano is designed to be a low latency, high throughput cryptocurrency. It builds on an analogy from the electrical engineering discipline by equating network consensus to arbiter circuits. This gives Nano an established and well-researched modeling basis for how the system comes to a distributed, egalitarian, and efficient conclusion. In the Nano system, each account in the system has a blockchain that is controlled only by them, all chains are replicated to all peers in the network, removing block intervals, mining, transaction fees. “

Nano Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the exchanges listed above.

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