How To Buy NANO Coin On StealthEX

How To Buy Nano Cryptocurrency On StealthEX. Tutorial article.

If you are looking for where to buy Nano coin, we will show you how to buy Nano coin for another cryptocurrency using the StealthEX exchange platform. StealthEX is a convenient and user-friendly cryptocurrency exchange.

How To Buy Nano Coin On StealthEX. Tutorial article.

What Is NANO Coin?

The Nano (NANO) coin is a modern cryptocurrency with high transaction speed and no commission. The total number of tokens is 133.2 million.

The main thing to know about Nano coin is that firstly it was called RaiBlocks. This project was launched in 2014. At the end of January 2018, the company rebranded the project and named it Nano. The token was also called the Nano coin.

The main goal of the team is to create an affordable cryptocurrency, focused on widespread use as a means of payment. At the same time, Nano crypto coin relies on the scalability and bandwidth of its network.

The project’s WhitePaper located on the Nano coin official website points out the disadvantage of most cryptocurrencies, such as scaling. The increasing workload leads to higher transfer fees and longer confirmation times for transactions, which is bad for the network itself.

The Nano cryptocurrency team claims that their token is the first to start using the Directed Acyclic Graph (DAG). So, this coin achieves consensus through weighted voting on conflicting transactions.

The main feature of this cryptocurrency is the exclusion of smart contracts and any decentralized applications. The concept of Nano consists of three points, such as fast transactions, scalability of the network and elimination of transfer fees.

Nano has its community that believes that Nano crypto price will continue growing. It is reasonable because this cryptocurrency solves one of the main problems, such as the speed of transactions under high loads. Now Nano blockchain is capable of processing 7 thousand operations per second.

Where To Buy Nano Coin?

To know the Nano coin price today and exchange this currency, use StealthEX. You can select from 300 tokens and wait only a couple of minutes to complete the transaction.

If you want to read Nano news to exchange this token, use StealthEX. Here you can select from more than 300 tokens and don’t have to wait much for the transaction.

How To Buy Nano Coin?

Let’s imagine you want to exchange Ethereum to Nano. How to buy Nano cryptocurrency? To make an exchange, you need to take a few simple steps:

First, you should choose Ethereum in the left drop-down list. Then choose Nano in the right list of coins. 

After setting the pair it is necessary to enter the amount of ETH you want to exchange.

How To Buy Nano Cryptocurrency On StealthEX. Tutorial article. Main

Here you will see the estimated amount of Nano coin that you will receive after the exchange.

Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.

How To Buy Nano Cryptocurrency On StealthEX. Tutorial article. Send to Exchange

As the second step, you need to provide the Nano coin recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.

As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.

How To Buy Nano Cryptocurrency On StealthEX. Tutorial article. Confirmation Exchange

Here you can revise the address provided and the amount of Nano coin you will receive. Don’t forget to read and check the Terms of Use and Privacy Policy box. Without checking the box you will not be able to continue the exchange. 

Pressing the NEXT button you will be redirected to the EXCHANGE page. 

At first, you will see the address where you need to send your ETH coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.

After sending Ethereum to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.

How To Buy Nano Cryptocurrency On StealthEX. Tutorial article. Awaiting
  • The first status is Awaiting deposit.
  • The following status is Confirming. This means that StealthEX is confirming the transaction you made.
  • The next status is Exchanging. During this time the exchange is being made.
  • Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your Nano coin.

Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive Nano coin to the address provided. To be sure that NANO coin was sent to your wallet you can also use the Output hash shown on this page and check it in the Nano coin blockchain list of transactions.

How To Buy Nano Cryptocurrency On StealthEX. Tutorial article. Finish

From here you can either create a new exchange on StealthEX.io or leave the page and check your Nano coin wallet to be surprised at how fast you got Nano crypto. Usually, the process is quite rapid so you won’t need to wait long.

If you have remaining questions about the StealthEX exchange service you can go to our FAQ section and find all the necessary information there.

Follow us on Medium, Twitter, Telegram, and Reddit to get StealthEX.io updates and the latest news about the crypto world.

We are always ready to give you support if you have any issues with exchanging coins. Our team does our best to protect all members and answer their questions. For all requests message us via [email protected]

You are more than welcome to visit StealthEX exchange and see how fast and convenient it is.

January 5, 2021

Recent articles

How To Buy DigiByte Coin On StealthEX
How To Buy NANO Coin On StealthEX
What Is Bitcoin Mixer? Part 2
What Is A Bitcoin ATM?
How To Buy Verge Coin On StealthEX

Leave a Reply

Your email address will not be published. Required fields are marked *