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How & Where to Buy Nano A Step-by-Step Guide to Buying NANO

  1. Sign up at Binance.US, the #1 rated NANO exchange.
  2. Fund your account with cash or crypto.
  3. Buy NanoNANO
  1. STEP 1Find the Best NANO Exchange
    • binance.us logo
      Ease of use
      Easy
      Time to 1st Buy
      24 hrs
      24h Volume
      $27,986,487
      Coins
      58

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

    • coinswitch reviews
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $
      Coins
      361

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    • kraken exchange
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $189,010,906
      Coins
      66

      A decade of security, honesty, and transparency has given San Francisco’s Kraken an impressive reputation and helped it to become the fourth-largest cryptocurrency exchange in the business. The brokerage service offered by Kraken has more coins to buy and sell directly with cash than most of their competitors. Debit and credit card purchases are permitted with comparably low fees. Well-suited to beginners and those who want to buy and hold coins long-term.

    • 102
      Ease of use
      Average
      Time to 1st Buy
      2 hrs
      24h Volume
      $1,042,022,137
      Coins
      315

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    Go to Binance.US and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Nano NanoNANO quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy NANO with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for NANO.

Frequently Asked Questions About Buying & Selling Nano (NANO)

How do I Buy NANO with Crypto?

If you want to buy NANO with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Binance.US and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Binance.US.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Nano (NANO)?

To sell NANO, simply reverse the buying process described above. You will likely need to trade your NanoNANO into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Nano Research Center

Nano Technical Details & Statistics

Tokenomics
  • Market Rank143
  • Market Cap658,744,001
  • Circulating Supply133,248,297
  • Total Supply133,248,297 NANO
  • Max Supply133,248,298
Yesterday's Trading
  • 24 HR Volume18,642,271 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

From the abstract of the coin’s whitepaper:

“Recently, high demand and limited scalability have increased the average transaction times and fees in popular cryptocurrencies, yielding an unsatisfactory experience. Here we introduce RaiBlocks, a cryptocurrency with a novel block-lattice architecture where each account has its own blockchain, delivering near instantaneous transaction speed and unlimited scalability. Furthermore, each user has their own blockchain, allowing them to update it asynchronously to the rest of the network, resulting in fast transactions with minimal overhead. In addition, transactions keep (sic) track of account balances rather than transaction amounts, allowing aggressive database pruning without compromising security.”

What is Nano (RaiBlocks)?

Nano (previously known as RaiBlocks) is a novel take on cryptocurrency technology in which every user maintains their blockchain.

It aims to offer near-instantaneous transaction times with limited (or zero) fees by avoiding the mining process while simultaneously reducing reliance on synchronization with the main network and high CPU and energy usage. By doing so, it strives to act as an actual, usable currency on a worldwide scale, regardless of the size of each transaction or the computing capacity of any user connected to the network. In this way, it plans to compete with or even replace bitcoin as the most widely used cryptocurrency, given that bitcoin transaction fees remain at extraordinarily high levels and confirmation times sometimes take hours.

Where to buy Nano (NANO) in the US?

Here are some of the most trusted crypto exchanges for US residents to buy NANO from:

Where to buy Nano (NANO) in Europe?

European traders can take advantage of an even more comprehensive selection of NANO markets from these recommended cryptocurrency exchanges:

How to buy NANO from Gate.io?

  1. Visit Gate.io’s website and cryptocurrency exchange
  2. Sign up with your
    1. Country/Region
    2. Username
    3. Email
    4. Password
  3. You will need to trade with the NANO/USDT or NANO/BTC pairing, and since it’s straightforward to get hold of both Bitcoin (BTC) and Tether (USDT), you should purchase one of them directly from another service and transfer it over to your trading wallet on Gate.io. Our recommended brokers for buying BTC or USDT are:
    1. Binance
    2. Coinbase
    3. Gemini 
  4. Once your USDT has deposited, visit the trading pair here
    1. NANO/USDT
    2. NANO/BTC
    3. Place your order
  5. Job done! Once your order fills, you’re now the proud owner of some NANO

How Nano Works

Nano aims to achieve its goals by replacing the common, ubiquitous “shared-memory data structure” model that governs most blockchain-based cryptocurrencies with a “message passing” model. As a result, all users have their own blockchain that only requires intermittent connectivity with the main network and minimal computational power.

RaiBlocks, now known as Nano, was the first cryptocurrency to employ a “block-lattice” (or multi-dimensional blockchain), which frees the user from having to pay fees to miners, wait for network synchronization, and avoid lengthy transaction confirmation times. It also uses a decimal system similar to that of bitcoin, in which the smallest transferable unit of Nano is one-millionth of one unit (8 decimal places).

History of Nano

RaiBlocks was first released in February 2016 by bitcoin enthusiast Colin LeMahieu, in a quest to solve many of the problems inherent to classical blockchain structures, such as high transaction fees and long confirmation times. In doing so, he has more or less wholly re-invented cryptocurrency by employing a unique approach to blockchain data transmission. From LeMahieu’s medium.com profile:

“I first stumbled upon Bitcoin in 2010 and immediately saw the potential of decentralized currency. However, after four years of following Bitcoin and researching its capabilities, I began to worry about its flaws: scalability, transfer times, and high fees. Realizing these issues could potentially hinder its use as an everyday currency, in 2014, I embarked on a mission to design a payment system that solved these performance issues.”

According to the initial post on the coin’s announcement [ANN] (better known as an ICO) thread on the forum bitcointalk.org, it is designed to be a “cryptocurrency killer,” meaning it started with the goal of replacing all other cryptocurrencies as the #1 unit of digital money transfer via its ability to conduct cost-free “micropayments;” something not yet achieved by any other cryptocurrency.