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NEM (xem) Live chart

Rank Name Price 24h Change Total Supply Circulating
59
XEM
NEM logo NEM XEM
$ 0.32 -1.74% 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

Enigma V5 Kryll strategy poster

Enigma V5

+ 11.43%
Launched Apr 22, 2021 (XEM-BTC)
#1
🐙 OCTO BOT [V2] Kryll strategy poster

🐙 OCTO BOT [V2]

+ 2.92%
Launched Apr 29, 2021 (XEM-BTC)
#2
Enigma V5 Kryll strategy poster

Enigma V5

+ 1.92%
Launched May 4, 2021 (XEM-USDT)
#3
EPIPHANY ETHBULL/USDT Kryll strategy poster

EPIPHANY ETHBULL/USDT

+ 653.97%
Launched Mar 7, 2021 (ETHBULL-USDT)
#4

Market pairs

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Rank Pair Name Volume (24h)
1 XEM / BTC B2BX $ 1 507 566 123.54 Trade!
2 XEM / USD HitBTC $ 1 543 882 620 914.82 Trade!
3 XEM / USD Bitcoin.com Exchange $ 1 543 553 133 201.99 Trade!
4 XEM / BTC HitBTC $ 86 563 174 722.33 Trade!
5 XEM / USDT Binance $ 4 687 205 268 624.52 Trade!
6 XEM / BTC Bitcoin.com Exchange $ 86 013 554 498.28 Trade!
7 XEM / BTC VCC Exchange $ 49 820 709 669.10 Trade!
8 XEM / BTC Binance $ 919 171 222 757.18 Trade!
9 XEM / USDT Huobi Global $ 1 272 919 807 136.44 Trade!
10 XEM / JPY Zaif $ 679 310 246 077.31 Trade!
11 XEM / USDT OKEx $ 2 865 973 781 353.18 Trade!
12 XEM / ETH HitBTC $ 40 689 501 296.46 Trade!
13 XEM / ETH Bitcoin.com Exchange $ 40 611 089 203.46 Trade!
14 XEM / BTC Bittrex $ 113 661 294 561.16 Trade!
15 XEM / USDT Gate.io $ 74 309 814 482.98 Trade!
16 XEM / BTC Poloniex $ 96 061 224 744.29 Trade!
17 XEM / USDT XT.COM $ 1 167 835 268 601.15 Trade!
18 XEM / USDT BKEX $ 1 443 896 746 598.79 Trade!
19 XEM / QC ZB $ 323 243 878 992.34 Trade!
20 XEM / EOS HitBTC $ 343 316 487.21 Trade!
21 XEM / SXC XT.COM $ 506 864 478 292.32 Trade!
22 XEM / USDT BHEX $ 53 116 428 391.14 Trade!
23 XEM / USDT ZBG $ 506 169 271 477.79 Trade!
24 XEM / ETH Binance $ 34 662 099 955.51 Trade!
25 XEM / BTC Huobi Global $ 46 885 038 798.94 Trade!
26 XEM / USDT Bitrue $ 1 220 117 961 067.96 Trade!
27 XEM / BTC KuCoin $ 38 425 631 934.60 Trade!
28 XEM / BTC OKEx $ 842 044 558 943.81 Trade!
29 XEM / USDT AEX $ 183 098 167 534.99 Trade!
30 XEM / USDT KuCoin $ 133 447 074 645.59 Trade!
31 XEM / USDT AscendEX (BitMax) $ 19 988 659 708.10 Trade!
32 XEM / ETH GokuMarket $ 889 196 370 763.62 Trade!
33 XEM / ETH Bittrex $ 28 902 250 265.18 Trade!
34 XEM / USDT Digifinex $ 883 943 118 124.13 Trade!
35 XEM / USDT CoinEx $ 32 451 764 984.06 Trade!
36 XEM / USDT BitMart $ 98 231 832 750.97 Trade!
37 XEM / BTC GokuMarket $ 953 677 804 841.82 Trade!
38 XEM / XRP Bitrue $ 54 565 989 845.87 Trade!
39 XEM / USDT GokuMarket $ 706 193 658 112.80 Trade!
40 XEM / ETH Coinsbit $ 936 600 978.64 Trade!
41 XEM / BTC AscendEX (BitMax) $ 129 171 933 364.36 Trade!
42 XEM / BTC Exrates $ 2 913 900 032.13 Trade!
43 XEM / USDT BiONE $ 76 142 239 874.84 Trade!
44 XEM / USD Exrates $ 3 445 702 886.90 Trade!
45 XEM / BTC Dex-Trade $ 3 083 081 112.30 Trade!
46 XEM / BTC Zaif $ 2 031 849 068.84 Trade!
47 XEM / USDT Bittrex $ 15 671 433 924.64 Trade!
48 XEM / ETH Bitrue $ 2 744 668 445.79 Trade!
49 XEM / USDT Exrates $ 4 212 285 108.40 Trade!
50 XEM / ETH LATOKEN $ 472 899 701.16 Trade!
51 XEM / USD Bittrex $ 6 738 576 241.05 Trade!
52 XEM / USDT Bibox $ 36 059 706 097.17 Trade!
53 XEM / BTC Upbit $ 4 148 926 403.24 Trade!
54 XEM / ETH OKEx $ 10 268 122 178.09 Trade!
55 XEM / BTC XT.COM $ 70 171 055 576.75 Trade!
56 XEM / ETH Gate.io $ 2 118 664 540.23 Trade!
57 XEM / USD EXMO $ 20 530 317 298.63 Trade!
58 XEM / UAH Kuna Exchange $ 1 297 528 738.01 Trade!
59 XEM / BTC EXMO $ 9 168 822 200.20 Trade!
60 XEM / ETH Dex-Trade $ 426 534 324.49 Trade!
61 XEM / BTC Gate.io $ 2 629 680 727.29 Trade!
62 XEM / BTC Coinsbit $ 9 273 183 109.26 Trade!
63 XEM / ETH P2PB2B $ 3 911 282 486.50 Trade!
64 XEM / USDT ProBit $ 53 756 667 896.94 Trade!
65 XEM / BTC LATOKEN $ 9 040 839 852.08 Trade!
66 XEM / ETH Atomars $ 39 917 100.50 Trade!
67 XEM / USDT CREX24 $ 107 565 001.65 Trade!
68 XEM / BTC Atomars $ 666 576 347.75 Trade!
69 XEM / RUR YoBit $ 219 251 163.29 Trade!
70 XEM / USDT WazirX $ 10 127 468 586.05 Trade!
71 XEM / EUR EXMO $ 7 644 697 059.99 Trade!
72 XEM / BTC YoBit $ 1 610 070 508.51 Trade!
73 XEM / UAH EXMO $ 3 837 103 703.76 Trade!
74 XEM / BTC P2PB2B $ 3 048 313 023.53 Trade!
75 XEM / BTC DragonEx $ 285 656 503 060.67 Trade!
76 XEM / BTC CREX24 $ 131 704 626.97 Trade!
77 XEM / BTC Digifinex $ 144 270 454 032.21 Trade!
78 XEM / BTC CoinEx $ 3 321 434 244.84 Trade!
79 XEM / BCH CoinEx $ 472 190 443.23 Trade!
80 XEM / BTC BTCNEXT $ 185 581 949 952.11 Trade!
81 XEM / BTC Upbit Indonesia $ 3 391 721 974.56 Trade!
82 XEM / USDT Huobi Korea $ 2 457 487 147.83 Trade!
83 XEM / BTC Huobi Korea $ 1 706 498 709.53 Trade!
84 XEM / BTC Huobi Japan $ 1 120 071 388.06 Trade!
85 XEM / KRW Upbit $ 3 021 550 943 066.19 Trade!
86 XEM / BITCNY CoinTiger $ 18 660 301 436.79 Trade!
87 XEM / IDR Indodax $ 22 359 204 690.93 Trade!
88 XEM / INR WazirX $ 29 365 059 115.74 Trade!
89 XEM / KRW ProBit $ 52 278 903 711.19 Trade!
90 XEM / USD YoBit $ 506 316 567.46 Trade!
91 XEM / BTC Vindax $ 422 659 472 483.48 Trade!
92 XEM / ETH Vindax $ 14 405 659 841.15 Trade!
93 XEM / KRW Bithumb $ 657 667 704 596.30 Trade!
94 XEM / BTC FinexBox $ 324 142 548.27 Trade!
95 XEM / DOGE YoBit $ 1 168 300 476.41 Trade!
96 XEM / KRW Huobi Korea $ 6 963 299 236.05 Trade!
97 XEM / JPY Huobi Japan $ 1 301 342 264.46 Trade!
98 XEM / INR BitBNS $ 839 405 623.74 Trade!
99 XEM / UAH BTC Trade UA $ 60 051 782.31 Trade!
100 XEM / USDT Huobi Indonesia $ 19 615 282.80 Trade!