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CoinBene adds Nano cryptocurrency to global exchange

Tony Zerucha

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Cryptocurrency asset exchange Coinbene today announced the addition of Nano to its exchange. Nano is a low-latency cryptocurrency relying on minimal features to function, making it useful for peer-to-peer transactions.

Using block-lattice architecture, Nano allows each account to have its own blockchain, enabling instant transactions and zero fees. Transactions are conducted in real-time, and unsynchronized from the rest of the network, resulting in faster operations. Because it can run on low-power hardware and there are no miners on its network, Nano is practical for fast and simple daily use. Nano initially launched in 2015 under the name Raiblocks, and was rebranded to Nano in January 2018.

“At CoinBene, we pride ourselves on maintaining high standards in order to offer only the best crypto assets on our platform,” said Feng Bo, global vice president at CoinBene. “Nano is a crypto asset with real-world use cases that solves many of the problems with other digital currencies, like low transaction speeds and high power consumption. We’re happy to be able to offer Nano on the CoinBene platform”.

One of the largest crypto asset exchanges in the world, CoinBene averages $4 billion in transactions per month and has 1.5 million users in 150 countries. 

Tony Zerucha

Tony Zerucha is an alternative finance journalist with more than seven years experience in the space. The author of more than 1,000 articles, Tony was named LendIt's 2018 Journalist of the Year.

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