Nano Price Tops $1.31 on Major Exchanges (XNO)

Nano (XNO) traded 6% higher against the U.S. dollar during the 1 day period ending at 0:00 AM ET on June 4th. Nano has a market capitalization of $173.98 million and $3.16 million worth of Nano was traded on exchanges in the last day. During the last seven days, Nano has traded up 3.5% against the U.S. dollar. One Nano coin can now be bought for $1.31 or 0.00001842 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded 2.4% higher against the dollar and now trades at $70,884.56 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 2.2% higher against the dollar and now trades at $0.16 or 0.00000230 BTC.
  • Bitcoin Cash (BCH) traded 3.4% higher against the dollar and now trades at $479.45 or 0.00676381 BTC.
  • Litecoin (LTC) traded up 1.3% against the dollar and now trades at $83.81 or 0.00118240 BTC.
  • UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $5.96 or 0.00008412 BTC.
  • Ethereum Classic (ETC) traded 3.6% higher against the dollar and now trades at $29.55 or 0.00041682 BTC.
  • Arweave (AR) traded up 5.3% against the dollar and now trades at $45.47 or 0.00064153 BTC.
  • Monero (XMR) traded 1.3% higher against the dollar and now trades at $160.36 or 0.00226228 BTC.
  • Bitcoin SV (BSV) traded 2.6% higher against the dollar and now trades at $63.08 or 0.00088994 BTC.
  • eCash (XEC) traded 2.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nano Profile

Nano is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. 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. Nano’s official message board 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 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 Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nano using one of the aforementioned exchanges.

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