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How to buy Nano (NANO) in the US

A beginner's guide to buying and selling NANO in the US.

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How to buy Nano

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Nano.

  1. Open an account on an exchange that supports NANO.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Nano.
  3. Buy Nano.
    Complete your Nano purchase and then find the best wallet to store NANO.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Nano?

Nano aims to overcome three obstacles: high transaction fees, slow transaction times and power efficiency.

Built using a directed acyclic graph algorithm, Nano also employs a unique block-lattice structure. Each Nano account (wallet) has its own blockchain known as an account-chain, which is equivalent to that account’s transaction/balance history. Each account-chain can only be updated by the account owner, which means it can be updated asynchronously of the rest of the network.

Each transaction sent through the network is its own block. When you send NANO, two transactions are required – a send transaction that deducts the balance from the sender and a receive confirmation by the recipient. Think of it like the two ticks you see when you send a WhatsApp message – one tick when you have sent a message and a second tick when your recipient confirms it has been received. The result of this structure is near-instant transactions and zero fees.

Nano (NANO) is the 140th largest cryptocurrency in the world by market cap, valued at $733,589,000. The current price of Nano is $5.5, which is -2.346% lower than yesterday. Prices have ranged between $5.89 and $5.46 over the past 24 hours. All prices are listed in US dollars and accurate as of October 27, 2021 07:10 UTC.

Where to buy Nano

Find an exchange to buy, sell and trade NANO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

437
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

134
cryptocurrencies

Buy 100+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

58
cryptocurrencies

Get a US$15 bonus when you trade US$100 or more of any supported crypto. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

228
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
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Compare up to 4 providers


Nano at a glance

Information last updated October 27, 2021 07:10 UTC.
Coin symbol NANO
Coin Marketcap US$733,589,000
Total NANO supply 133,248,290
Circulating NANO 133,248,290
Current price US$5.5
All time high US$33.69

Nano price performance over time

Historical prices compared with the price of US$5.5.

1 hour -0.56%
24 hours -2.35%
7 days 5.39%
14 days 7.67%
30 days 21.16%
60 days -16.68%
200 days -10.05%
1 year 547.65%

How to sell Nano

You can cash out your NANO with the same exchange you bought it through:

  1. Sign in to the exchange you have NANO on.
    If you store your Nano in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of NANO you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Nano.

What to consider when buying Nano

Cryptocurrencies are complicated and speculative, and buying any crypto coin or token comes with a high level of risk attached. It’s essential that you’re fully aware of all the risks involved before you decide to buy. If you’re thinking of purchasing NANO, make sure you consider the following factors first:
  • No mining. Nano is not mined and was initially distributed via a captcha-based faucet distribution system that ended in October 2017. If a website claims to mine Nano, it actually mines another cryptocurrency and then trades them to Nano on an exchange before paying Nano to miners.
  • Adoption. The value of NANO will depend largely on whether or not it can achieve widespread adoption. While it certainly offers plenty of advantages compared to some other cryptocurrencies, whether or not it breaks into the mainstream as a viable alternative to fiat currency remains to be seen.
  • Exchanges. One of the key factors affecting the adoption of Nano will be its listing on a variety of popular exchanges. While it is only listed on a handful of exchanges, that list has grown recently. The development team is also working to get Nano added to more exchanges.
  • Rebranding. On January 31, 2018, RaiBlocks was rebranded to Nano. In a Medium blog post, the Nano team explained that the old and hard-to-pronounce name was scrapped in favor of the new moniker, which is designed to reflect the fast and fee-free transactions the currency is designed to provide.

Disclaimer: Cryptocurrencies, including Nano, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NANO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Nano or any other cryptocurrency discussed.


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