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what crypto is nem

Is NEM a good crypto?

Is NEM a good investment in 2022? As a matter of fact, yes. NEM is a brainchild of masterminds who have studied and worked on blockchain for years.

What is the NEM coin?

The NEM coin (XEM) is the cryptocurrency unit of its namesake platform. The platform aims to make the blockchain-based projects more flexible and easier to run by relying on its proof-of-importance algorithm and Smart Asset system.

How much is NEM worth?

NEM's price today is US$0.05543, with a 24-hour trading volume of $12.72 M. XEM is +0.69% in the last 24 hours. It is currently -9.21% from its 7-day all-time high of $0.06105, and 15.41% from its 7-day all-time low of $0.04802. XEM has a circulating supply of 9 B XEM and a max supply of 9 B XEM.

Does NEM recover?

The NEM price will hit the $0.115 average price level by the end of 2022. The website has also made a bullish prediction, it expects the price to boom up to $0.132 by the end of 2022.

What can you do with XEM?

XEM serves a couple of vital roles in the ecosystem. Users vest XEM to gain voting rights and block approval rights. Additionally, NEM can serve as a cryptocurrency with lightning-fast transaction times. However, XEMs main purpose to date has been to facilitate smart contracts.

How many NEM coins are there?

It has a circulating supply of 9 Billion XEM coins and a total supply of 9 Billion.

Who created NEM?

NEM was founded by a team of developers in mid-2014 as a personal project. This team comprised programmers from the Bitcointalk forum Erik Van Himbergen, Jeff McDonald, Leon Yeoh, and Lon Wong. The project further grew to become a community-driven ecosystem with developed infrastructures.

Who created NEM cryptocurrency?

NEM Group is the founder of NEM (XEM). The maximum total supply of NEM (XEM) is 8,999,999,999 XEM.

Is NEM decentralized?

NEM is an open-source cryptocurrency token, abbreviated XEM, as well as a blockchain platform. NEM stands for New Economic Movement, a blockchain project which created both a decentralized digital platform for decentralized applications, and a digital asset of the same name.

Who created XEM?

NEM was founded by a team of developers in mid-2014 as a personal project. This team comprised programmers from the Bitcointalk forum Erik Van Himbergen, Jeff McDonald, Leon Yeoh, and Lon Wong. The project further grew to become a community-driven ecosystem with developed infrastructures.

What is NEM all time high?

$2.09
NEM Price

7d Low / 7d High $0.04845 / $0.05786
52 Week Low / 52 Week High $0.03554 / $0.2431
All Time High Jan 04, 2018 (5 years ago) $2.09 97.54%
All Time Low Sep 15, 2015 (7 years ago) $0.0000793 64805.40%
NEM ROI 21182.61%

How do I invest in NEM?

How to Buy NEM Summary

  1. Get an NEM wallet (e.g. Coinomi, Exodus)
  2. Locate your NEM address.
  3. Find an XEM exchange (Binance, Bittrex)
  4. Deposit BTC to the exchange and trade it for XEM.
  5. Withdraw the XEM coins to your wallet.

How can I buy NEM?

How to Buy NEM Summary

  1. Get an NEM wallet (e.g. Coinomi, Exodus)
  2. Locate your NEM address.
  3. Find an XEM exchange (Binance, Bittrex)
  4. Deposit BTC to the exchange and trade it for XEM.
  5. Withdraw the XEM coins to your wallet.

Where can I buy NEM in USA?

5 “Best” Exchanges to Buy NEM (August 2022)

  • Uphold.
  • Binance.
  • KuCoin.
  • Huobi Global.

Aug 12, 2022

Is XEM on Coinbase?

NEM is not supported by Coinbase.

Can I buy NEM on Coinbase?

Buying NEM with Bitcoin or Ethereum Open an account at Coinbase, and purchase Ethereum or Bitcoin. Another option to purchase Bitcoin is through LocalBitcoin. Now, after you bought ETH or BTC via one of the exchanges above, sign into HitBTC or Cryptopia and open an account.

Is NEM coin on Binance?

You can easily buy NEM (XEM) with the lowest fees and highest security anywhere Binance is available.

Does Binance have NEM?

You can trade NEM for 300+ cryptocurrencies on Binance's industry-leading, fast, and secure trading platform. Binance offers many trading pairs for NEM trading to meet your needs.

What platform can I buy NEM?

You can buy NEM (XEM) on a cryptocurrency exchange like Uphold. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms.

How do I invest in XEM?

How to Buy NEM (XEM) – A Beginner's Guide

  1. Get an NEM wallet (e.g. Coinomi, Exodus)
  2. Locate your NEM address.
  3. Find an XEM exchange (Binance, Bittrex)
  4. Deposit BTC to the exchange and trade it for XEM.
  5. Withdraw the XEM coins to your wallet.