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What is Nano?

Nano (XNO) is an eco-friendly cryptocurrency that offers fee-less and instantaneous transactions. It allows simple peer-to-peer transfers of value for use-cases such as remittance, microtransactions, online & in-store payments, Forex and more.

  • Nano is built on a Directed Acyclic Graph (DAG) network structure called Block Lattice. Using this technology, each account has its “own blockchain” to keep track of transactions. Each individual blockchain holds a copy of all other chains on the network, which intends to lead to faster transactions and higher scalability.
  • Nano aims to remove inefficiencies of other technologies such as proof of work, mining, or fee-based incentives. Validators in the network come to agreement using a voting based consensus algorithm, which means there is no massive energy usage associated with the network.
  • Nano changed its ticker from NANO to XNO in order to follow the International Organisation for Standardisation (ISO) standards as a 'supranational' currency with no official country code.

The team created Nano to facilitate effortless and fee-less payments, whilst ensuring that 100% of the value is transferred directly to the recipient, regardless of their location.

How do I swap Nano?

Enter amount to swap
Select the quantity of Nano you would like to swap.
Select coin to swap with
Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Nano

Why Should I Trade XNO with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Nano no matter what your trading experience is. Unlike other international and Australian Nano exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Nano with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Nano how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Nano?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Nano for free.

Cold Storage

If you are holding Nano as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Nano. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Nano. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Nano has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Nano is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Nano exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Nano & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Nano safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Nano portfolio here.
Yes! With CoinSpot you can convert your Nano to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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