Nano (XNO) Hits 1-Day Volume of $505.27 Thousand

Nano (XNO) traded 4.2% lower against the US dollar during the 24 hour period ending at 8:00 AM E.T. on January 8th. During the last seven days, Nano has traded 2.4% higher against the US dollar. One Nano coin can now be bought for $0.71 or 0.00000795 BTC on major exchanges. Nano has a market capitalization of $95.20 million and $505.27 thousand worth of Nano was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Arweave (AR) traded down 7.2% against the dollar and now trades at $3.75 or 0.00004174 BTC.
• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $89,838.04 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.9% against the dollar and now trades at $0.14 or 0.00000156 BTC.
• Bitcoin Cash (BCH) traded 0.8% lower against the dollar and now trades at $625.32 or 0.00695909 BTC.
• UNUS SED LEO (LEO) traded up 1.8% against the dollar and now trades at $9.17 or 0.00010208 BTC.
• Monero (XMR) traded 2.8% higher against the dollar and now trades at $457.99 or 0.00509691 BTC.
• Zcash (ZEC) traded down 18.5% against the dollar and now trades at $397.74 or 0.00442640 BTC.
• Litecoin (LTC) traded down 2.2% against the dollar and now trades at $80.64 or 0.00089744 BTC.
• Ethereum Classic (ETC) traded down 4.3% against the dollar and now trades at $12.47 or 0.00013876 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nano Coin Profile

Nano (XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. It was first traded on October 1st, 2015. Nano’s total supply is 133,248,297 coins. Nano’s official message board is blog.nano.org. Nano’s official Twitter account is @nano and its Facebook page is accessible here. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here. Nano’s official website is nano.org/en.

According to CryptoCompare, “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 has rebranded and changed the ticker to XNO, see the official announcement.“XNO” and trades under that name on all the exchanges where it has been listed.”

Buying and Selling Nano

It is usually not presently 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nano using one of the exchanges listed above.

XNO/USD price chart by TradingView