Nano (NANO) - All you need to know

Learn everything you need to know about Nano coin with this hub page. We take you through the range of investing methods and provide links to guides and key information.
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Updated: Jan 31, 2022

Ways to invest in Nano

First, you need to sign up with either an exchange or an online broker. These services work slightly differently, though their fundamental purpose remains the same: to facilitate buying, selling and trading of cryptocurrencies like Nano. 

However, your investment options aren’t just limited to brokers and exchanges. For example, you can go through a trust, or even via an ETF that holds Nano. Click the links in the below list to find out more information.

Get started guides

What is Nano?

Since its 2015 launch as RaiBlocks, the currency now known as Nano has targeted a problem associated with so many blockchain-based cryptocurrencies – scalability. It does this by utilising a set of non-shared asynchronous ledgers, called a block-lattice, instead of a shared global ledger. 

Using a block-lattice helps to address issues associated with the original Bitcoin blockchain model, reducing the potential for bottlenecks and speeding up transaction times. In theory, this makes Nano far better equipped than Bitcoin to take on established global payment systems. 

How does Nano work?

Nano’s architecture grants every account its own blockchain (referred to as account-chains), collectively this network is known as a block-lattice. Each complete transaction requires two blocks, one to send and another to receive. 

Unlike conventional blockchains, there’s no global ledger, meaning accounts are able to update the status of their independent ledgers asynchronously, thus speeding up the whole process. 

Nano’s Delegated Proof of Stake (DPoS) consensus algorithm adds further efficiency by removing the need for mining. Instead ‘validators’ stake digital NANO (Nano’s native coin) to participate in the validation of transactions. DPoS introduces ‘delegates’, who confirm transactions when there’s an issue, to the Proof of Stake model.

How to invest in Nano

The large variety of options available to you are outlined below. Click any of the links to find out more about a specific subject. 

Where can I buy Nano now?

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$0
Promotion
User Score
9.3
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Description:
World's longest-standing crypto exchange. Since 2011 Bitstamp has been providing a secure and reliable trading venue to over four million individuals and a range of institutional partners.
Payment Methods
Full regulations list:
3
Min. Deposit
$1
Promotion
User Score
8.7
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Description:
Create your account in minutes and start trading 90+ cryptos and other assets on the most flexible trading platform.
Payment Methods
Full regulations list:

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Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Charlie Hancox
Financial Writer
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player, and as a budding film director, has… read more.