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NEM (XEM)

€ 0,01676

-3,60 % € -0,00060
24h 1w 1m 1y All

NEM Price in Euros

(XEM to EUR)

€ 0,01676

NEM Volume

(24h)

€ 16.42 M

Market Cap

(NEM)

€151.67 M
BTC

What is NEM

NEM is the company that developed the NIS1 blockchain. The cryptocurrency called XEM runs on this, which can be bought on Coinmerce, for example.

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How does NEM work?

The NIS1 blockchain uses Proof-of-Importance (PoI) to better reward nodes for their work. In addition to security, the blockchain uses Ed25519 and the SHA3 hash algorithm.

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How to buy NEM?

Do you want to buy NEM (XEM) coins with iDeal or another payment method? At Coinmerce you can buy any cryptocurrency with iDeal, including NEM (XEM)!

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How to buy NEM?

You want to buy NEM? You can buy NEM using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see NEM, use the search function to search for NEM and click on the name. You can indicate for how many euros you want to buy NEM in the right window. Below is shown how much NEM you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy NEM when the price of NEM reaches your entered value. You can also execute a repeating order. Do you want to buy NEM with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive NEM.

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About NEM

NEM stands for New Economy Movement and is a platform that offers solutions for both companies and individuals. They do this with a platform that uses blockchain and cryptography. The blockchain is called NIS1. And this blockchain works much the same as Bitcoin's blockchain. However, NIS1 does have another consensus algorithm, called Proof-of-Importance (PoI), with which NEM wants to record transactions in the blockchain in a better and fairer way. They claim that those who help the most are also best rewarded. And that makes the blockchain unique. This reward is paid in the form of XEM. This is the cryptocurrency of the NIS1 blockchain. Of these, a total of 8.999 billion are available, all of which were spent on the first day. This means that no new XEM coins can be mined. What also makes the blockchain unique is the security of the network. NEM uses an Ed25519 public key and the SHA3 hash algorithm.

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Video Video
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Founder Lon Wong
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Founder Jeff McDonald
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Founder
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Founder
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Founded 2016
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Industry Smart Contract Platform
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Website Website
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Network NEM
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Location Singapore
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Rank 244
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Market Cap 151.67 M
euro
Trading volume 16.42 M
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Maximum coins 9 B
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Circulating 9 B
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