XNO
Nano
XNO
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Nano price

A$1.339
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AUD
Last updated on --.

About Nano

Nano (XNO) is a digital currency designed for fast, feeless, and eco-friendly transactions. Unlike traditional cryptocurrencies that rely on mining, Nano uses a unique block-lattice structure, allowing instant payments with zero fees and minimal energy consumption. Its primary purpose is to serve as an efficient medium of exchange, making it ideal for everyday purchases, remittances, and micropayments. Nano's speed and scalability also make it a strong candidate for machine-to-machine transactions, such as AI agents paying for services autonomously. With a fixed supply and no inflation, Nano offers a sustainable alternative to conventional payment systems. Whether you're sending money to friends or exploring the future of digital commerce, Nano provides a seamless and cost-effective solution.
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Nano performance

A$1.339

Nano price today

Nano price today is A$1.339, marking a +0.54% over the past 24 hours. On OKX, today’s Nano trading volume reached 85,429, worth over A$114.44K.

$0.9251

Nano in USD

The current Nano to USD conversion rate is $0.9251 per Nano.
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Learn more about Nano (XNO)

What's Nano?

Nano is a cryptocurrency designed to offer fast, fee-less transactions, addressing inefficiencies in traditional payment systems. It aims to provide a scalable and eco-friendly solution for digital payments, making it suitable for everyday transactions. Nano's primary use cases include peer-to-peer transfers and microtransactions, where speed and cost-effectiveness are crucial.

How does Nano work?

Nano operates on a unique blockchain architecture called the block-lattice, where each account has its own blockchain. It uses a consensus mechanism known as Open Representative Voting (ORV), allowing users to select representatives to vote on transaction validity. This structure enables quick, fee-less transactions and efficient scalability, distinguishing Nano from traditional blockchain models.

What's the total supply of Nano?

Nano has a fixed total supply of 133,248,297 tokens, with all tokens already in circulation, meaning there is no inflation or deflation mechanism. The absence of minting or burning processes ensures stability in its supply, making it predictable for users and developers. This fixed supply model supports Nano's goal of providing a stable digital currency.

What determines Nano's price?

Nano's price is influenced by its utility in fast, fee-less transactions, driving demand among users seeking efficient payment solutions. Network usage, market sentiment, and regulatory developments also impact its value. Competition from other cryptocurrencies offering similar features can affect Nano's market position. Availability and adoption in various jurisdictions may further influence its price.

Pros and cons of Nano

- Pros: Fast transactions, no fees, eco-friendly, scalable. - Cons: Limited adoption, competition from other cryptocurrencies, reliance on representative voting, potential regulatory challenges.

How do I store my Nano?

Users can acquire Nano through exchanges like OKX, where it can be traded or used for transactions. Nano can be stored in digital wallets, with security measures such as private key protection being crucial. Users should be cautious of phishing attempts. Availability may vary by jurisdiction, so users should verify local regulations before engaging with Nano.

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Nano FAQ

Nano can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. Nano’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying Nano and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy Nano at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Nano XNO safely on a trusted exchange like OKX.
Currently, one Nano is worth A$1.339. For answers and insight into Nano's price action, you're in the right place. Explore the latest Nano charts and trade responsibly with OKX.
To read this Nano price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, Nano’s price is updated in real-time on our Nano price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Nano XNO. Refer here for a more detailed guide.
Staking and earning rewards with Nano are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.

The XNO token is the native token of the Nano blockchain. It is used as a currency, a means of exchange and payments, and a store of value on the Nano blockchain. Nano is also working towards making XNO a global, legally recognized currency.

Nano's Open Representative System consensus mechanism places the power over the blockchain in a handful of representatives who maintain consensus over transactions on the blockchain. This leaves the blockchain open to dangers like a Sybil attack that comes with a blockchain's centralization. To protect against some of these dangers, Nano assigns each representative voting power proportional to how many XNO tokens the people who voted for that representative own in their Nano wallets. In this way, the balance of power is constantly shifting, and no one person can easily take control of the blockchain.

Easily buy XNO tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is XNO/USDT. You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for XNO with zero fees and no price slippage by using OKX Convert.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
A$178.49M
Circulating supply
133.25M / 133.25M
All-time high
A$4.343
24h volume
A$114.44K
Rating
3.1 / 5
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