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NEM (xem) Live chart

Rank Name Price 24h Change Total Supply Circulating
17
XEM
NEM logo NEM XEM
$ 0.51 -1.51% 8 999 999 999 8 999 999 999 Trade!

NEM (xem)

NEM is a highly versatile crypto solution which seeks to adhere to a host of mainstream industry requirements. 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. Essentially, NEM is designed as a financial blockchain solution and can be used for payment, clearing and settlement in a private environment which is highly controlled. This means that NEM meets several of the regulatory requirements and guidelines in the financial industry. This allows it to be used to settle (change of ownership) any asset via the blockchain. Mijin which is a private chain of NEM has gained popularity and companies such as Hitachi have already embraced it. Why NEM? Many banks around the world have come to accept the importance of blockchain technology. In fact, a good number of banks in the U.S, India and Japan have already started using the technology. Because banks generally employ the smart contract concept, NEM’s platform which is asset-friendly can be used to settle any asset. In settling assets, speed, security, and reliability are very important to a mainstream institution which is what this crypto offers. NEM addresses these issues by repackaging its blockchain into a private chain and presenting it as Mijin. NEM crypto is also applicable in the technology world. Unlike Bitcoin and Dogecoin which use mining to increase the number of coins, XEM uses something called ‘harvesting’. In this process, blocks are generated and a person is rewarded for work contributed using transaction fees. Every block has a certain number of transactions which attract an unknown amount of fees. This keeps the participants incentivized to continue harvesting. For a blockchain user to be allowed to harvest, one must go through a forging mechanism process called Proof-of-Importance (POI). POI is the algorithm used in NEM to time stamp transactions. A NEM user's importance is determined by how many coins they have and the number of transactions made to and from their wallet. POI uses the NCDawareRank network centrality measure, the topology of the transaction graph, as well as a number of other relevant signals to achieve consensus. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In proof-of-stake systems a person needs to have large numbers of coins to form a block, but in NEM transactions volume and trust become factors. This was designed to encourage users of NEM to not simply hold XEM but instead actively carry out transactions. To be eligible for entering the importance calculation, an account must have at least 10,000 vested XEM. All accounts owning more than 10,000 vested XEM have a non-zero importance score. With a supply of 8,999,999,999 XEM, the theoretical maximum number of accounts with non-zero importance is 899,999. In practice, the number of actual accounts with non-zero importance is not expected to approach the theoretical max due to inequalities in held XEM and also the temporal costs associated with vesting. If NEM becomes very popular, a threshold of 10,000 vested XEM could be undesirable. If necessary, this number could be updated in the future via a hard fork, which is the same procedure for adjusting transaction fees and other parameters related to harvesting.

Market pairs

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Rank Pair Name Volume (24h)
1 XEM / USDT ZBG $ 1 516 882 711 553.40 Trade!
2 XEM / USD HitBTC $ 3 717 879 011 225.33 Trade!
3 XEM / USDT Binance $ 7 869 888 116 234.45 Trade!
4 XEM / BTC HitBTC $ 3 725 189 183 011.01 Trade!
5 XEM / JPY Zaif $ 2 506 706 644 680.28 Trade!
6 XEM / USDT OKEx $ 6 582 211 269 906.90 Trade!
7 XEM / BTC Binance $ 4 224 974 442 750.00 Trade!
8 XEM / XRP Bitrue $ 259 173 645 637.99 Trade!
9 XEM / USDT Huobi Global $ 1 443 012 676 569.05 Trade!
10 XEM / BTC Bittrex $ 141 157 602 646.98 Trade!
11 XEM / ETH HitBTC $ 577 068 228 642.70 Trade!
12 XEM / BTC OKEx $ 3 550 661 435 072.47 Trade!
13 XEM / BITCNY CoinTiger $ 26 430 962 133.75 Trade!
14 XEM / BTC Poloniex $ 118 823 916 054.73 Trade!
15 XEM / USDT BKEX $ 1 807 159 901 197.54 Trade!
16 XEM / BTC Huobi Global $ 193 066 007 499.75 Trade!
17 XEM / USDT AEX $ 52 029 745 060.10 Trade!
18 XEM / ETH Binance $ 323 872 998 894.48 Trade!
19 XEM / ETH Digifinex $ 322 525 630 398.74 Trade!
20 XEM / ETH Coinsbit $ 14 657 577 337.12 Trade!
21 XEM / BTC Exrates $ 24 168 867 160.92 Trade!
22 XEM / ETH Bitrue $ 24 795 537 177.48 Trade!
23 XEM / BTC Coinsbit $ 41 595 878 663.25 Trade!
24 XEM / ETH Bittrex $ 29 140 111 917.60 Trade!
25 XEM / BTC LATOKEN $ 231 308 551 855.05 Trade!
26 XEM / BTC CoinAll $ 2 017 769.83 Trade!
27 XEM / BTC OKEx Korea $ 199 431 152.98 Trade!
28 XEM / SXC XT $ 163 485 302 125.32 Trade!
29 XEM / BTC Dex-Trade $ 8 944 873 612.35 Trade!
30 XEM / USDT BitMax $ 22 074 341 262.48 Trade!
31 XEM / ETH LATOKEN $ 157 386 965 323.94 Trade!
32 XEM / BTC Digifinex $ 333 272 801 041.06 Trade!
33 XEM / BTC Zaif $ 20 597 239 429.54 Trade!
34 XEM / BTC BitMax $ 141 004 667 356.08 Trade!
35 XEM / USD EXMO $ 18 572 341 929.29 Trade!
36 XEM / USDT KuCoin $ 45 175 163 078.97 Trade!
37 XEM / QC ZB $ 179 606 175 497.69 Trade!
38 XEM / ETH Vindax $ 18 600 456 442.34 Trade!
39 XEM / BTC XT $ 51 752 317 862.19 Trade!
40 XEM / BTC KuCoin $ 18 387 545 654.60 Trade!
41 XEM / ETH P2PB2B $ 19 886 750 769.98 Trade!
42 XEM / USDT ProBit $ 50 296 294 038.56 Trade!
43 XEM / BTC EXMO $ 7 115 994 252.29 Trade!
44 XEM / USDT WazirX $ 41 705 745 708.65 Trade!
45 XEM / ETH Dex-Trade $ 1 258 770 194.86 Trade!
46 XEM / USDT CoinEx $ 32 006 169 196.92 Trade!
47 XEM / USDT Gate.io $ 24 689 476 507.14 Trade!
48 XEM / BTC Gate.io $ 2 828 957 695.61 Trade!
49 XEM / BTC Atomars $ 2 786 504 616.96 Trade!
50 XEM / ETH Atomars $ 355 748 974.27 Trade!
51 XEM / BTC P2PB2B $ 39 667 958 759.36 Trade!
52 XEM / ETH Gate.io $ 1 404 755 132.44 Trade!
53 XEM / BTC VCC Exchange $ 1 123 250 920 340.42 Trade!
54 XEM / USDT Huobi Indonesia $ 49 535 339.37 Trade!
55 XEM / EOS HitBTC $ 138 248 982.58 Trade!
56 XEM / USDT BiONE $ 57 180 683 545.29 Trade!
57 XEM / TRY Thodex $ 283 994 244 724.10 Trade!
58 XEM / ETH OKEx $ 346 488 730 092.82 Trade!
59 XEM / USDT XT $ 213 870 902 090.97 Trade!
60 XEM / BTC CREX24 $ 51 297 541.49 Trade!
61 XEM / BTC Upbit $ 8 395 197 926.08 Trade!
62 XEM / EUR EXMO $ 6 448 910 888.82 Trade!
63 XEM / UAH EXMO $ 2 987 180 237.92 Trade!
64 XEM / USDT HBTC $ 7 812 985 191 494.74 Trade!
65 XEM / BTC DragonEx $ 359 369 029 002.72 Trade!
66 XEM / BTC CoinEx $ 17 038 148 416.89 Trade!
67 XEM / KRW ProBit $ 53 186 396 098.09 Trade!
68 XEM / BTC BTCNEXT $ 101 758 209 121.90 Trade!
69 XEM / USDT Huobi Korea $ 17 917 667 024.63 Trade!
70 XEM / BTC Upbit Indonesia $ 8 309 563 455.13 Trade!
71 XEM / BTC Huobi Japan $ 2 352 315 733.40 Trade!
72 XEM / BTC Huobi Korea $ 320 834 012.72 Trade!
73 XEM / INR BitBNS $ 169 132 415.94 Trade!
74 XEM / KRW Bithumb $ 1 851 242 643 763.93 Trade!
75 XEM / BTC Vindax $ 18 970 098 803.40 Trade!
76 XEM / ETH Hotbit $ 2 526 913 533.75 Trade!
77 XEM / BTC Graviex $ 5 450 453.91 Trade!
78 XEM / KRW Upbit $ 16 560 467 195 869.46 Trade!
79 NEM / IDR Indodax $ 40 906 787 792.05 Trade!
80 XEM / INR WazirX $ 67 669 941 748.39 Trade!
81 XEM / UAH Kuna Exchange $ 1 681 192 661.52 Trade!
82 XEM / RUR YoBit $ 3 048 878 031.58 Trade!
83 XEM / USDT CREX24 $ 19 420 724.15 Trade!
84 XEM / USDT Hotbit $ 4 726 672 053.01 Trade!
85 XEM / BTC YoBit $ 6 459 122 894.34 Trade!
86 XEM / BTC Hotbit $ 2 345 370 018.42 Trade!
87 XEM / USD YoBit $ 2 396 740 286.71 Trade!
88 XEM / BTC FinexBox $ 356 467 971.71 Trade!
89 XEM / ETH YoBit $ 46 839 088.82 Trade!
90 XEM / DOGE YoBit $ 171 182 459.48 Trade!
91 XEM / UAH BTC Trade UA $ 14 250 545.48 Trade!
92 XEM / USDT Float SV $ 1 831 089.67 Trade!
93 XEM / BTC Float SV $ 1 833 878.14 Trade!
94 XEM / BTC GokuMarket $ 61 334 317 370.08 Trade!
95 XEM / ETH GokuMarket $ 40 245 236 339.05 Trade!
96 XEM / USDT GokuMarket $ 34 778 468 870.10 Trade!
97 XEM / BTC Liquid $ 90 576 076.16 Trade!
98 XEM / JPY Huobi Japan $ 2 443 346 170.66 Trade!
99 XEM / WAVES YoBit $ 9 368 847.64 Trade!
100 XEM / ETH OKEx Korea $ 195 681.50 Trade!