What is Nano?*

Nano(formerly known as RaiBlocks before the rebranding) is a cryptocurrency launched in 2015 by Colin LeMahieu. Nano is a low-latency payment platform that requires very little resources; making it the ideal payment system for any type of transaction. Many believe that due to its advantages, it could be the cryptocurrency to dethrone Bitcoin.

Nano has Instant transactions: Transactions with Nano happen instaneously, so you can use Nano with any purchase.

Nano has Zero fees: Unlike other cryptocurrencies, the amount you send is the amount received, with no middleman taking a cut.

Nano is Infinitely scalable: Nano can process over 1000x more transactions per second than Bitcoin; there is no comparison.

Each account has its own blockchain
With Nano, each account on the network has its own blockchain as part of a larger directed acyclic graph, or what's known as a 'block lattice'. Each individual user provides the computational power for the verification of their own transactions, making it so that the network doesn't need to update the overall ledger.
Wallets pre-cache the anti-spam Proof of Work
Since wallets pre-cache the anti-spam Proof of Work for the next transaction once a transaction is sent, the transactions are thus made instaneous as both sides have the proof of work ready to go.

*data and images from this section sourced from nano.org

How to buy Nano

There are two recommended exchanges for purchasing Nano: Binance and Kucoin. If you do not currently have any Bitcoin, Ethereum, or any other major cryptocurrency, you will first need to acquire one of these before you can purchase Nano. Please skip down to the next section for details.

Update! Nano is now also available for purchase through Kraken! One of the oldest and most secure cryptocurrency exchanges! Kraken also offers direct fiat to crypto purchases.

Binance - Although still a relatively new cryptocurrency exchange having launched just in the last two years, Binance has proven itself many times over to be quite the superior exchange. Led by CEO Changpeng Zhao, Binance quickly rose up to become the number 1 cryptocurrency exchange by volume, beating out long time exchanges like Kraken, Bitfinex, Bittrex and OkCoin. Binance distinguishes itself by having a superior(and fastest) trading platform with ample tools and anayltics, consistently releasing support for new and well-backed coins, and by having the lowest exchanges fees(.05% through the purchase of BNB). We recommend Binance for purchasing Nano. Also, roughly 90% of the daily trade volume of Nano goes through Binance, so you can be sure that you're getting the most up to date prices.

Kucoin - KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Also known as “The People’s Exchange”, KuCoin launched in September 2017. They aim to provide users with digital asset transactions and exchange services which are both convenient and exceptionally secure. This is achieved by integrating premium assets worldwide and constructing a state-of-the-art transaction platform. They also have some of the lowest trading fees available on any exchange combined with a swift withdrawal system. KuCoin offers service in multiple languages, and are building communities in numerous countries across the globe.


If you do not currently have Bitcoin or Ethereum, you will first need to purchase some using a fiat gateway cryptocurrency exchange. These exchanges will allow you to purchase Bitcoin or Ethereum using credit card/bank account. After doing so, you can then transfer the Bitcoin/Ethereum to Binance or Kucoin and trade for Nano. The two recommended exchanges for directly purchasing Bitcoin or Ethereum with fiat are Coinbase and Gemini.

Coinbase - Allows credit card and direct bank transfer(ACH and wires). Lower withdrawal limit. Simpler, easier to navigate UI.

Gemini - Only allows direct bank transfer, either ACH or bank wire. Very low ACH daily deposit limit. Lower fees.

How to store Nano

Now that you've got yourself some Nano, you need a wallet(or wallets) to keep your funds safe. Below is a list of available wallets for different devices. It is never recommended to keep your Nano on a cryptocurrency exchange. You do not own the keys to your Nano when you keep them on an exchange. So however small the risk, there is always the chance of a hack or exploit affecting the exchange(see bitgrail) and the possibility of you losing your Nano. So it is always safer to keep your Nano on your own wallet since you own the keys.

Desktop Wallets

Web Wallets

Mobile Wallets(Android/iOS)