NEM Coin Logo

NEM Coin

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading NEM Coin

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GokuMarket Logo

GokuMarket

4.1 based on 99 votes
OKEx Logo

OKEx

4.08 based on 139 votes
Changelly Logo

Changelly

3.82 based on 515 votes

Spend

Want to leave your cash at home? These cards support NEM Coin.

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Spectrocoin-Karte Logo

Spectrocoin-Karte

2.55 based on 121 votes
Uphold Logo

Uphold

2.88 based on 98 votes
Uquid-Karte Logo

Uquid-Karte

2.59 based on 176 votes

Shop

So you've made a little NEM Coin and now you want to spend it? These are the places to do it!

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NOWPayments Logo

NOWPayments

4.52 based on 73 votes
1xBit Logo

1xBit

4.4 based on 10 votes
Cryptoholic Shop Logo

Cryptoholic Shop

4.33 based on 3 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for NEM Coin.

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Ledger Nano S Logo

Ledger Nano S

3.76 based on 157 votes
SpectroCoin Wallet Logo

SpectroCoin Wallet

3.76 based on 62 votes
CoinPayments Wallet Logo

CoinPayments Wallet

4.13 based on 24 votes

Review

Learn more about NEM Coin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of NEM Coin.

NEM stands for New Economy Movement and is a blockchain platform and cryptocurrency launched in 2015. It is a community-oriented cryptocurrency that goes by the trading symbol XEM. NEM was originally launched as a fork of NXT, by anonymous Bitcointalk.org member ‘utopianfuture‘. Utopianfuture registered on Bitcointalk on 7 December 2013, and is a “Sr. Member” at the forum.

NEM launched amid some argument over utopianfuture using multiple identities or ‘sockpuppets‘ to boost acceptance for the project. He has since resigned from the project. NEM initially constitued a fork from Nxt, and was then rebuilt from scratch in 2015 by the Singapore-based non-profit: The NEM foundation. The alpha version of NEM launched on 25 June 2014. Moreover, fundraising for the project ran for approximately a month between January-February 2014. However, the first stable release took place on 31 March 2015.

NEM is famous for its 1-minute block time, its proof-of-importance (POI) algorithm, and its multi-signature accounts. Nowadays, the NEM blockchain software has multiple uses. For instance, it has many implementations beyond cryptocurrency. One of the uses for NEM is in a commercial blockchain called Mijin. Many financial organizations in Japan (and other countries around the world) currently uses that blockchain. The words “New Economy Movement”, by the way, have fallen out of fashion, and the organization now only ever refers to itself as NEM.

The token giving fuel to the NEM blockchain is XEM. The total supply of XEM is 8,999,999,999. Mining of all tokens took place in the origin block. Furthermore, NEM offers both permission free blockchain solutions and permission blockchain solutions. Permission blockchains allow enterprises to organize a version of core NEM blockchain.

NEM also has an exclusive structural design consisting of two parts: the node, and the client.

Presently, the wallets supporting NEM are known as Nano-Wallets. These are fully-fledged cryptocurrency wallets also built with HTML and JavaScript. The benefit of using these standard coding languages is that Nano-Wallets can actually run on any platform. These NanoWallets also communicate with any NIS in order to communicate transactions to the rest of the network.

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If you have concluded that this is the coin for you, congratulations! Buy NEM Coin here.

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