Nano's price spiked earlier this week. The price fell, but it has retained some upward momentum.
Earlier this week, cryptocurrency Exchange Huobi Global announced that it would be listing NANO effective on Wednesday, October 31 at 4.30 pm (GMT+8). NANO tokens can now be traded on the exchange against ETH and BTC; NANO withdrawals will not be enabled until November 4 at 4.30 pm (GMT+8).
Preceding the announcement, much speculation that Huobi would list NANO reverberated around the cryptosphere.
There is a strong rumour that Huobi will list #NANO.
The news brought a bit of positive motion to Nano, which has been slowly declining over the course of this year, along with the rest of the cryptocurrency markets. At the time of writing, a single NANO token was worth $1.95; the coin’s marketcap sat at $259,315,040. Earlier this week, the announcement caused the coin to briefly spike all the way to $2.01.
Huobi also recently announced that an XMR/USDT trading pair will be available today, November 2nd, starting at 18.00 (GMT+8.) Huobi Global originally listed Monero on its platform in July.
Huobi Group Wants to Become “The World’s Largest Cryptocurrency Exchange by Volume”
In a recent interview with Blokt, Huobi Group Vice President Livio Weng expressed big plans for Huobi. “We want to be the world’s largest cryptocurrency exchange by volume and to expand our global network of Blockchain-related projects and businesses even further,” he declared.
The listing of Nano is just one small step toward these goals.
Nano has gained some attention within the cryptocurrency community for its ability to deliver on its scalability promises. Formerly known as RaiBlocks, the platform got a makeover and a new name at the end of January 2018. All of its 133 million coins are currently in circulation.
The network uses a unique algorithm that makes its speed and fee-less transactions possible. ”With Nano, each account has their own blockchain as part of a larger directed acyclic graph,” the project’s website explains.
“Each individual user provides the computational power for the verification of their own transactions, meaning the entire network is not required to update the overall ledger together in a massive bloc.”
The network beat XRP and Stellar in a Binance deposit speed test conducted by Bitcoinkit.com in October. Nano was designed to be capable of processing transactions immediately and with no fees.
Earlier this week, cryptocurrency Exchange Huobi Global announced that it would be listing NANO effective on Wednesday, October 31 at 4.30 pm (GMT+8). NANO tokens can now be traded on the exchange against ETH and BTC; NANO withdrawals will not be enabled until November 4 at 4.30 pm (GMT+8).
Preceding the announcement, much speculation that Huobi would list NANO reverberated around the cryptosphere.
There is a strong rumour that Huobi will list #NANO.
The news brought a bit of positive motion to Nano, which has been slowly declining over the course of this year, along with the rest of the cryptocurrency markets. At the time of writing, a single NANO token was worth $1.95; the coin’s marketcap sat at $259,315,040. Earlier this week, the announcement caused the coin to briefly spike all the way to $2.01.
Huobi also recently announced that an XMR/USDT trading pair will be available today, November 2nd, starting at 18.00 (GMT+8.) Huobi Global originally listed Monero on its platform in July.
Huobi Group Wants to Become “The World’s Largest Cryptocurrency Exchange by Volume”
In a recent interview with Blokt, Huobi Group Vice President Livio Weng expressed big plans for Huobi. “We want to be the world’s largest cryptocurrency exchange by volume and to expand our global network of Blockchain-related projects and businesses even further,” he declared.
The listing of Nano is just one small step toward these goals.
Nano has gained some attention within the cryptocurrency community for its ability to deliver on its scalability promises. Formerly known as RaiBlocks, the platform got a makeover and a new name at the end of January 2018. All of its 133 million coins are currently in circulation.
The network uses a unique algorithm that makes its speed and fee-less transactions possible. ”With Nano, each account has their own blockchain as part of a larger directed acyclic graph,” the project’s website explains.
“Each individual user provides the computational power for the verification of their own transactions, meaning the entire network is not required to update the overall ledger together in a massive bloc.”
The network beat XRP and Stellar in a Binance deposit speed test conducted by Bitcoinkit.com in October. Nano was designed to be capable of processing transactions immediately and with no fees.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
Crypto Mining Company Argo Reduced Losses by 85% in 2023
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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