Nano 24-Hour Trading Volume Tops $3.47 Million (XNO)

Nano (XNO) traded down 5.8% against the U.S. dollar during the 24 hour period ending at 23:00 PM Eastern on April 15th. One Nano coin can now be bought for approximately $1.02 or 0.00001610 BTC on major cryptocurrency exchanges. Nano has a market cap of $135.83 million and $3.47 million worth of Nano was traded on exchanges in the last 24 hours. Over the last week, Nano has traded 34.5% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 3.1% lower against the dollar and now trades at $63,311.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0% higher against the dollar and now trades at $0.16 or 0.00000249 BTC.
• Bitcoin Cash (BCH) traded 6.7% lower against the dollar and now trades at $488.51 or 0.00771590 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $77.96 or 0.00123129 BTC.
• UNUS SED LEO (LEO) traded down 1.3% against the dollar and now trades at $5.92 or 0.00009349 BTC.
• Ethereum Classic (ETC) traded 1.5% higher against the dollar and now trades at $26.55 or 0.00041928 BTC.
• Monero (XMR) traded up 3% against the dollar and now trades at $121.83 or 0.00192425 BTC.
• Arweave (AR) traded 8.8% lower against the dollar and now trades at $25.66 or 0.00040532 BTC.
• Bitcoin SV (BSV) traded 3.6% lower against the dollar and now trades at $66.08 or 0.00104380 BTC.
• eCash (XEC) traded 4.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nano Coin Profile

Nano (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. Nano’s official website is nano.org/en. 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. 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 purchase alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView