Nano One Day Trading Volume Reaches $2.12 Million (XNO)

Nano (XNO) traded 3.2% lower against the US dollar during the 1-day period ending at 12:00 PM Eastern on November 14th. Nano has a market cap of $114.42 million and approximately $2.12 million worth of Nano was traded on exchanges in the last day. One Nano coin can currently be purchased for about $0.86 or 0.00000967 BTC on popular exchanges. Over the last seven days, Nano has traded down 1.5% against the US dollar.

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

• Bitcoin (BTC) traded down 4.5% against the dollar and now trades at $88,748.48 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.6% against the dollar and now trades at $0.39 or 0.00000443 BTC.
• Bitcoin Cash (BCH) traded 3.5% lower against the dollar and now trades at $426.03 or 0.00479556 BTC.
• UNUS SED LEO (LEO) traded down 1.3% against the dollar and now trades at $7.44 or 0.00008372 BTC.
• Litecoin (LTC) traded 5.4% higher against the dollar and now trades at $81.33 or 0.00091553 BTC.
• Ethereum Classic (ETC) traded 4.2% lower against the dollar and now trades at $21.88 or 0.00024633 BTC.
• Monero (XMR) traded 3% lower against the dollar and now trades at $146.14 or 0.00164499 BTC.
• Bitcoin SV (BSV) traded up 3% against the dollar and now trades at $63.60 or 0.00071586 BTC.
• Arweave (AR) traded down 6.5% against the dollar and now trades at $16.79 or 0.00018898 BTC.
• eCash (XEC) traded down 0.5% against the dollar and now trades at $0.0000 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 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. The official message board for Nano is blog.nano.org.

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 buy alternative cryptocurrencies such as Nano directly using US dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView