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Where & How to Buy Nano (XNO) for Beginners in 2025
In this guide
The safest and easiest way to buy Nano is through a cryptocurrency exchange, which functions similarly to a stock trading platform. It takes just a few minutes to buy Nano this way. Follow our quick step guide below.
How to buy Nano quickly in 3 steps
Copy link to sectionTo get Nano, you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time, and you should have some photo ID to hand. Here’s how to do it.
Step 1. Sign up to a crypto platform
Copy link to sectionSign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.
Kraken
Step 2. Make a deposit
Copy link to sectionAdd funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.
Step 3. Buy Nano token
Copy link to sectionLocate the search box and type XNO. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.
Now you own Nano tokens! Not a big deal, right?
The easiest way to buy XNO
Copy link to sectionThe overall best platform to buy Nano for beginners is Kraken .
Here are the top five places to buy Nano, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
Read more about how we rate, rank and review platforms.
Best exchanges to buy Nano (XNO), reviewed
Copy link to sectionWe found 2 crypto platforms for users based in
1. Kraken: Best for simple, global cryptocurrency trading from your phone
Copy link to sectionOverview
We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around.
With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available.
Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go.
The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.
Highlights
No. of tradable assets | 200+ |
Min. Deposit | £10 |
ID verification required | Yes |
Free demo account | Yes |
Supported assets | Crypto, NFTs |
Mobile trading app | Yes |
Web trading platform | Yes |
Regulatory bodies | FSA, AUSTRAC, FCA, MiFID II, FinCEN, FINTRAC |
Fees & Costs
Trading fees | Yes |
Inactivity fees | No |
Rollover/overnight fees | No |
Withdrawal fees | No |
Spreads | Yes |
Conversion fees | Yes |
Pros & Cons
2. KuCoin. Best social trading altcoin exchange
Copy link to sectionOverview
We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens.
The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance.
Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges.
The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.
Highlights
No. of tradable assets | |
Min. Deposit | |
ID verification required | No |
Free demo account | No |
Supported assets | |
Mobile trading app | No |
Web trading platform | No |
Regulatory bodies |
Pros & Cons
How to trade XNO
Copy link to sectionYou can trade Nano on a cryptocurrency exchange using simple steps. Here’s a quick example that clearly lays out how XNO crypto trading works:
- Monitor the price: For simplicity, let’s say the price of XNO/USDT is $1. You read the price charts and decide that now is a good time to start purchasing XNO.
- Open a trade: You trade one USDT for one XNO ($1 USD for 1 XNO).
- Continue to monitor the price: The following month, one XNO token is now worth $2, a 100% increase.
- Close your trade: You trade your XNO token back to USDT for $2.
In this example, you buy and sell Nano, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts and technical patterns, and understanding markets and margin trading, which you can do right here on Invezz.com.
What is the best way to invest in Nano (XNO)?
Copy link to sectionThe simplest way to buy Nano cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for XNO.
- Buy Nano with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
- Buy Nano with a bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
- Buy Nano with PayPal. Some crypto brokers accept deposits via PayPal. Not many exchanges offer this option. However, you can find here the best crypto exchanges that accept PayPal.
- Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.
How do I store Nano (XNO)?
Copy link to sectionMost people keep their crypto on the exchange they used to purchase it. If you only plan to hold onto it for a little while, then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Nano then you should move it to a crypto wallet.
A crypto exchange is similar to a bank account in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet or a safe, where you take responsibility for it yourself. Two of the best Nano wallets to use are MetaMask and the Ledger Nano S.
Should I buy Nano now?
Copy link to sectionThe answer depends on the current price and your own investment goals. Put simply, purchasing Nano, selling Nano, and trading XNO are all the exact same process in literal terms. It’s just your personal investing intentions that define whether ‘now’ is a good time to invest or not.
- If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long-term in the hopes of larger profits. In this sense, any time is a good time to trade Nano.
- As a long-term investor: a long-term investor is not concerned if the price is up or down 10% on any given day. Instead, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of XNO, then a good time to purchase Nano is on any significant dip.
In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Nano and selling it the next day probably isn’t why you’re here either.
How has Nano (XNO) performed this year?
Copy link to sectionThe current Nano price today is $1.10, which is -97.09% versus its all time high of $37.62, which it reached on 02 January 2018. XNO is -34.82% this year, with a 52-week high of $2.41 and a 52-week low of $0.67.
Regardless, closely following Nano price news & analysis will help you decide when to pull the trigger.