Buy Nano in India

The Nano protocol specifically avoids reliance on mining. This is a design decision which eliminates the unnecessary expenditure of energy and centralization forces mining activities cause. The distribution of Nano has been completed, resulting in a maximum supply of 133,248,297 NANO. Nano utilized a novel Captcha Faucet System with the goal of distributing Nano as fairly and organically as possible. Opened on October 1, 2015, the faucet required users to complete complex CAPTCHA tests in order to earn coins. The faucet allowed anyone with a computer to participate by contributing time and attention, instead of the less sustainable mining with other projects. This choice to distribute by faucet helped Nano be more accessible to those who didn’t already have the money to buy mining hardware or invest in an ICO. This unique approach was a great way to distribute Nano to people who had never used it before and helped spread coins more broadly across the world.

On March 15, the day the Federal Reserve cut rates to zero and launched a massive $700 billion quantitative easing program, Ledger’s Nano X hardware wallet mirrored a record sales day during the bull market. The Ledger CEO also referenced a double-digit increase to Q1 growth compared to 2019, and pointed to a new wave of institutional and consumer interest ahead of Bitcoin block reward halving.

The Nano ecosystem has a wide range of third-party wallets, with each providing its own unique balance between functionality and security. A list of featured wallets can be found on our Get Nano page. Nano is currently traded under the ticker symbol $NANO and is widely available on many popular exchanges around the world. Please consult CoinMarketCap Markets for NANO for more details. Nano uses a unique and efficient consensus mechanism called Open Representative Voting (ORV). The process uses voting to get confirmation on the network instead of mining and the nodes on the network that create votes are called Representatives. It is designed to allow people who have a Nano balance to pick whatever Representative they want to vote on their behalf without giving control of their funds or requiring staking. People who hold Nano get to decide who generates consensus instead of mining companies, and this makes it easy to redistribute voting weight across the world. The voting process is very efficient and is a big part of what allows Nano to be fee-less and use very little energy.

1. Easy-to-use and Fee-less - Nano is simple and easy-to-use by design. By focusing on transferring value as efficiently as possible, the Nano network is able to offer feeless transactions and provides options for users and services to easily access the empowering and cost-saving qualities of digital money. 2. Eco-friendly - As the world continues efforts to reduce pollution and energy consumption, many digital money networks have resorted to wasteful designs to secure their networks. Nano is smartly designed to address this issue by not relying on power-hungry mining for security, but instead uses a lightweight and efficient consensus protocol called Open Representative Voting (ORV) for minimal energy usage. 3. Instant - Digital money should be quick and easy-to-use. Whether buying goods at a store, transferring money across borders or making payments online, Nano transactions are completed in under a second so you no longer have to wait. And these are fully settled payments on the network, businesses no longer have to wait for credit card or banking network approval.

Investment in Nano is globally increasing because of its versatile benefits. BuyingNano is made more easy in India through BuyUcoin as it accepts INR easily using credit/debit card, UPI, crypto wallet and more in less than 10 minutes. Step 1: Signup instantly with your google account by accepting the terms and conditions. Step 2: Enter the referral code if any and also set a new password. Step 3: Add your bank details and also verify KYC. Step 4: In OTC desk click on Direct Buy. Step 5:Buy any Nano using INR

Are you in India wondering where to deposit your INR to start Investment in Nano? Buyucoin is the wisest choice as it has no exchange or transaction fee to incur as like the rest of crypto exchangers. BuyUcoin also accepts direct UPI from virtual accounts with zero trading where Nano can be directly bought using INR in a fraction of seconds.You can trade up to 10,000 INR value of cryptocurrency without any prior registration and KYC using BuyUcoin EZ Platform.

BuyUcoin has recently launched a new option called EZ where there is a limited Time Offer of 0% Trading Fees for Direct Crypto Buy/Sell Options for 40+ crypto currencies including Nano. Just one-click can get you, your desired crypto token to buy & sell, increasing the interactivity where Hassle free crypto trading is also ensured. So,BuyUcoin is the best place to sell Nano.