• Coins 0
  • Exchanges 0
  • Market Cap $0
  • 24h Vol $0
  • Dominance

NEM (xem) Live chart

Rank Name Price 24h Change Total Supply Circulating
68
XEM
NEM logo NEM XEM
$ 0.16 -1.78% 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.

NEM Top Trading Bots

The cake is a lie, these numbers are not

Teseo Kryll strategy poster

Teseo

-2.96%
Launched Jul 17, 2021 (XEM-USDT)
#1
Market Alert Kryll strategy poster

Market Alert

0.00%
Launched May 21, 2021 (BTC-USDT)
#2
GAÏA Evolution [V15] Kryll strategy poster

GAÏA Evolution [V15]

+ 342.89%
Launched Apr 14, 2021 (MATIC-BTC)
#3
Enigma V5 Kryll strategy poster

Enigma V5

+ 329.71%
Launched May 19, 2021 (DAG-ETH)
#4

Market pairs

Search icon
Rank Pair Name Volume (24h)
1 XEM / KRW Upbit $ 12 225 832 028 858.60 Trade!
2 XEM / USDT HitBTC $ 1 130 039 670 483.60 Trade!
3 XEM / BTC Bitcoin.com Exchange $ 553 001 164 258.20 Trade!
4 XEM / USD Bitcoin.com Exchange $ 1 130 961 089 446.80 Trade!
5 XEM / BTC HitBTC $ 550 952 146 094.40 Trade!
6 XEM / ETH HitBTC $ 54 529 674 604.20 Trade!
7 XEM / USDT Binance $ 3 316 668 310 785.62 Trade!
8 XEM / JPY Zaif $ 187 083 785 578.86 Trade!
9 XEM / USDT Huobi Global $ 804 326 069 621.82 Trade!
10 XEM / USDT OKEx $ 3 000 195 934 484.90 Trade!
11 XEM / USDT KuCoin $ 182 164 466 487.41 Trade!
12 XEM / BTC VCC Exchange $ 39 357 166 842.60 Trade!
13 XEM / KRW Bithumb $ 344 157 828 077.41 Trade!
14 XEM / BTC Binance $ 532 981 466 704.69 Trade!
15 XEM / BTC Bittrex $ 62 163 663 947.26 Trade!
16 XEM / USDT AEX $ 58 288 743 162.07 Trade!
17 XEM / BTC KuCoin $ 7 135 225 069.20 Trade!
18 XEM / USDT Gate.io $ 14 724 469 571.92 Trade!
19 XEM / ETH GokuMarket $ 1 307 761 257 094.18 Trade!
20 XEM / BTC OKEx $ 505 659 950 687.44 Trade!
21 XEM / QC ZB $ 209 689 746 039.72 Trade!
22 XEM / BITCNY CoinTiger $ 23 877 054 339.99 Trade!
23 XEM / USDT Bitrue $ 1 381 776 500 670.60 Trade!
24 XEM / USDT XT.COM $ 1 087 264 539 504.60 Trade!
25 XEM / USDT AscendEX (BitMax) $ 49 041 903 027.60 Trade!
26 XEM / USDT BKEX $ 331 684 540 193.53 Trade!
27 XEM / BTC Huobi Global $ 62 139 362 486.59 Trade!
28 XEM / ETH Bittrex $ 7 021 448 710.42 Trade!
29 XEM / BTC Poloniex $ 44 423 653 285.69 Trade!
30 XEM / BTC GokuMarket $ 1 239 342 176 595.59 Trade!
31 XEM / SXC XT.COM $ 991 397 284 506.12 Trade!
32 XEM / ETH Binance $ 65 577 965 577.62 Trade!
33 XEM / USDT Bittrex $ 10 687 083 070.34 Trade!
34 XEM / BUSD Binance $ 103 145 238 897.38 Trade!
35 XEM / USDT Digifinex $ 708 730 852 468.10 Trade!
36 XEM / ETH Coinsbit $ 1 388 840 157.66 Trade!
37 XEM / USDT BitMart $ 195 582 774 718.21 Trade!
38 XEM / USDT GokuMarket $ 54 897 757 919.46 Trade!
39 XEM / USDT Exrates $ 10 224 919 246.96 Trade!
40 XEM / BTC AscendEX (BitMax) $ 70 370 784 611.40 Trade!
41 XEM / USD Bittrex $ 12 871 258 733.84 Trade!
42 XEM / USDT CoinEx $ 9 968 924 476.14 Trade!
43 XEM / USDT Bibox $ 18 456 974 475.60 Trade!
44 XEM / BTC XT.COM $ 241 265 789 404.92 Trade!
45 XEM / USD EXMO $ 10 737 189 299.36 Trade!
46 XEM / ETH Bitrue $ 11 076 422 917.80 Trade!
47 XEM / BTC Exrates $ 3 387 855 529.20 Trade!
48 XEM / ETH OKEx $ 20 267 081 319.18 Trade!
49 XEM / IDR Indodax $ 5 472 735 626.08 Trade!
50 XEM / XRP Bitrue $ 42 365 319 381.00 Trade!
51 XEM / UAH Kuna Exchange $ 1 750 747 115.15 Trade!
52 XEM / ETH Dex-Trade $ 1 258 388 441.40 Trade!
53 XEM / ETH P2PB2B $ 8 360 893 383.90 Trade!
54 XEM / USD Exrates $ 7 694 211 557.66 Trade!
55 XEM / INR WazirX $ 23 903 605 587.60 Trade!
56 XEM / BTC Dex-Trade $ 8 301 492 606.60 Trade!
57 XEM / ETH Gate.io $ 3 709 820 088.29 Trade!
58 XEM / USDT WazirX $ 2 030 658 285.60 Trade!
59 XEM / BTC LATOKEN $ 5 545 808 686.57 Trade!
60 XEM / BTC P2PB2B $ 49 342 817 846.94 Trade!
61 XEM / BTC Gate.io $ 4 116 923 775.61 Trade!
62 XEM / ETH LATOKEN $ 4 765 765 039.13 Trade!
63 XEM / USDT ProBit $ 34 804 697 228.33 Trade!
64 XEM / BTC CREX24 $ 36 183 493.40 Trade!
65 XEM / BTC EXMO $ 7 215 614 487.06 Trade!
66 XEM / UAH EXMO $ 3 349 590 505.86 Trade!
67 XEM / EUR EXMO $ 6 539 390 503.55 Trade!
68 XEM / RUR YoBit $ 17 617 188.48 Trade!
69 XEM / ETH Bitcoin.com Exchange $ 54 529 674 604.20 Trade!
70 XEM / EOS HitBTC $ 102 074 550.60 Trade!
71 XEM / USDT Huobi Indonesia $ 9 160 026.00 Trade!
72 XEM / QC ZBG $ 62 005 259 440.44 Trade!
73 XEM / USDT BHEX $ 8 883 567 454.42 Trade!
74 XEM / USDT BiONE $ 83 994 620 377.83 Trade!
75 XEM / BTC DragonEx $ 224 494 342 989.90 Trade!
76 XEM / USDT CREX24 $ 27 181 424.15 Trade!
77 XEM / BTC Liquid $ 96 437 478.56 Trade!
78 XEM / BTC Digifinex $ 109 530 333 849.60 Trade!
79 XEM / BTC Vindax $ 344 402 600 341.80 Trade!
80 XEM / ETH Vindax $ 13 094 257 167.00 Trade!
81 XEM / BTC Coinsbit $ 5 962 303 078.39 Trade!
82 XEM / BTC Upbit $ 1 176 233 213.01 Trade!
83 XEM / BTC YoBit $ 478 026 060.89 Trade!
84 XEM / BTC Zaif $ 451 947 717.60 Trade!
85 XEM / INR BitBNS $ 264 586 156.22 Trade!
86 XEM / USD YoBit $ 169 747 573.62 Trade!
87 XEM / BTC FinexBox $ 258 272 907.00 Trade!
88 XEM / ETH YoBit $ 16 790 099.48 Trade!
89 XEM / USDT Hotbit $ 38 130 969 918.66 Trade!
90 XEM / ETH Hotbit $ 8 074 738 154.28 Trade!
91 XEM / BCH CoinEx $ 1 711 302 319.42 Trade!
92 XEM / BTC CoinEx $ 3 367 171 761.07 Trade!
93 XEM / BTC BTCNEXT $ 125 528 046 239.16 Trade!
94 XEM / KRW Huobi Korea $ 4 815 145 605.38 Trade!
95 XEM / USDT Huobi Korea $ 3 647 183 696.04 Trade!
96 XEM / BTC Upbit Indonesia $ 1 176 233 213.01 Trade!
97 XEM / JPY Huobi Japan $ 65 713 230.00 Trade!
98 XEM / UAH BTC Trade UA $ 34 885 573.53 Trade!
99 XEM / BTC Huobi Japan $ 17 002 601.30 Trade!
100 XEM / BTC Huobi Korea $ 11 528 091.85 Trade!