On 7th August, London Block Exchange [LBX], a cryptocurrency exchange announced on their official Twitter handle that they would soon be listing Nano on their platform.
The partnership would mean the first Nano and British Pound [GBP] pairing. Furthermore, Nano and the exchange platform have decided to launch a cryptocurrency hunt in order to celebrate the collaboration. The hunt would entail cracking a set of cryptic riddles and the winner would receive a Ledger Nano with a price that amounts to £5,000.
London Block Exchange’s official announcement | Source: Twitter
London Block Exchange is United Kingdom’s first committed cryptocurrency exchange platform that was built to assist users and institutions to be a part of the digital currency space.
Redditor, Bjartensen commented:
“Does this mean both ways? Can I sell NANO and get “real” money? And is it available to other countries? It was (is? Haven’t tried it yet) a hassle to find one where I could sell cryptocurrencies.”
To which Glen-hodl, another Redditor replied:
“Yes, it does work both ways, as an onramp and off-ramp. Only GBP at the moment, they are a fairly new exchange though so I expect them to add USD/EUR in the future.”
In May 2018, LBX was recognized as the only exchange in London to provide the GBP trading pair. The platform had also added OmiseGo [OMG] as a trading pair to its exchange at the time. LBX had also listed Bitcoin Cash [BCH], XRP, and Ethereum [ETH].
Redditor, Nano_Things commented:
“The most reputable and significant fiat gateway to date!! Great news for the nano ecosystem.”
Glen-hodl, another Redditor added:
“I remember asking them a few months ago to list Nano, they said they would look into it, and now here we are. You’re welcome.”
At the time of writing, Nano is trading at $1.63 with a market cap of $217 million. The coin has declined by 9.5% in the past 7 days. However, in the past 24 hours, the price has risen by 5.31%.
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