NEM (XEM) Price Reaches $0.38 on Major Exchanges

NEM (CURRENCY:XEM) traded down 1.6% against the U.S. dollar during the one day period ending at 11:00 AM E.T. on April 21st. In the last week, NEM has traded 31.2% higher against the U.S. dollar. NEM has a total market capitalization of $3.46 billion and approximately $64.27 million worth of NEM was traded on exchanges in the last day. One NEM coin can now be bought for approximately $0.38 or 0.00004375 BTC on major cryptocurrency exchanges including, AEX, Bitcoin Indonesia and Abucoins.

About NEM

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XEM is a proof-of-importance (PoI) coin that uses the ProofofImportance hashing algorithm. Its genesis date was March 31st, 2015. NEM’s total supply is 8,999,999,999 coins. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. NEM’s official website is NEM’s official Twitter account is @NEMofficial and its Facebook page is accessible here. NEM’s official message board is

According to CryptoCompare, “NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on May 31, 2015.”

NEM Coin Trading

NEM can be bought or sold on these cryptocurrency exchanges: OKEx, HitBTC, Livecoin,, Qryptos, AEX, Zaif, Abucoins, Exrates, Bittrex, Cryptomate, Upbit, YoBit, Poloniex, Cryptopia, COSS and Bitcoin Indonesia. It is usually not presently possible to purchase alternative cryptocurrencies such as NEM directly using US dollars. Investors seeking to acquire NEM should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase NEM using one of the exchanges listed above.

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