Reddit's New Favourite? An In-Depth Review of Nano

About this video

In this video by Kevin, from the Bitcoin for Beginners YouTube channel, we see an in-depth and informative analysis of Nano as a digital currency.

We also see that the popular social media platform, Reddit, has an interest in Nano, and so Kevin, who is a big believer in Redditors' ability to find diamonds in the rough in these matters, is understandably intrigued as to the value and benefits offered by The Nano Foundation in its cryptocurrency offering, and what led to it being deemed Reddit's new "Cinderella Coin".

Did you Know?

Nano's price crashed more than 99%

Since its all-time high (ATH) back in January 2018, where we saw Nano reach an incredible price of $37.62, Nano's price has crashed more than 99%, to around $0.29, back on March 13th, 2020.

There are a couple of reasons for this drop in price, but we'll talk about the two most important: First, before it's ATH, Nano saw an unprecedented increase of more than 21700% in its price, in just 32 days, and even before that Nano had hugely increased its price during the whole 2017 year; Second, back in March 2020, the global financial system saw huge crashes due to the outspread of the coronavirus pandemic SARS-CoV-2 (better known as Covid-19) that, directly or indirectly, affected every person in the world.
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Watch & Learn - Nano Currency

We have selected 10 random videos along with some very interesting facts about the Nano Currency for you. So that you can learn about this new amazing currency (or cryptocurrency).

But first, let's just make a quick introduction to Nano:

What is Nano?

Nano is a cryptocurrency, alternative to Bitcoin and other cryptocurrencies. As a cryptocurrency, Nano is a decentralized network of nodes that allow the execution of peer-to-peer (P2P) transactions between any two individuals, without the need of third-parties or authorities, like banks. Imagine digital coins and banknotes, that you can send digitally to anyone in the world, without the need of a bank or any third party service, as if you were delivering these coins in hand to the other recipient. The network is also cryptographically secure, which, simply put, means that no one can hack the network, or steal your money.

How can I use Nano?

To use Nano, you must have a wallet, that is composed of a private key, or seed, and a public address. There are many ways in which you can create a wallet. By creating an account at PlayNANO, a wallet (or address) will be generated for you. You can use that wallet to receive Nano and to send Nano to anyone you want, you'll just have to put their wallet address in the destination address, and the amount you want to send. PlayNANO connects to the Nano network and sends the transaction for you.

Learn More

To learn more about Nano, start watching our selection of videos, which explain in more detail what is Nano, and what you can do with Nano.

Each video is accompanied by quick topics and facts about the Nano Currency so that you learn everything there is to know about Nano. So, what are you waiting for?

Start learning right now!

Get more Nano!

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