Nano (NANO), formally known as RaiBlocks (XRB), is a P2P digital currency. Nano is a decentralized, freeware crypto that is hankered to directed acyclic graph (DAG) architecture and it’s launched under the FreeBSD License. It runs without having any person or intermediaries by making use of the distributed ledger that has a block-lattice data design (this is where every account has its own blockchain). This crypto was launched by Colin LeMahieu, with the main aim of addressing the limitations of blockchain scalability back in 2015. These limitations include restrictive high fees with an increase under the block confirmation time. The Nano network or the Nano blockchain has confirmations that take less than a second to complete the full blockchain confirmation. To prevent double spending fraudulent actions, and Sybil attacks (where someone creates pseudonymous accounts to generate and create popularity), it uses a process known as the delegated representative voting, an open PoS.
The best place to buy Nano is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell Nano (XNO). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of XNO is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Nano with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy XNO instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
0% Period: Last 24 hours 0%
This should not be used to make investment decisions.
4149 Reviews on
Fantastic Platform Easy for beginners to buy, sell, swap and create recurring orders. Swyftx rewards also makes it an enjoyable platform to use.
Swyftx is easy to use, has fast deposits and withdrawals. Their Help responses are always quick and helpful and you also get to live chat with a real ...
I have used a number of exchanges over the past few years and Binance was always my go to, but when they started getting restricted in Australia I nee...
Great product and service
The customer service is great! It doesn't take long to withdraw from your account within one day my funds are in my bank account which is great.