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

NEM (xem) Live chart

Rank Name Price 24h Change Total Supply Circulating
87
XEM
NEM logo NEM XEM
$ 0.18 -3.31% 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 Original Kryll strategy poster

Enigma Original

+ 565.79%
Launched Jul 7, 2021 (VRA-USDT)
#1
Manaia Panda 🐼 Kryll strategy poster

Manaia Panda 🐼

+ 445.30%
Launched Mar 4, 2021 (MATIC-USDT)
#2
MOONLIGHT Ultimate - V9 - 🌘 Kryll strategy poster

MOONLIGHT Ultimate - V9 - 🌘

+ 405.41%
Launched Jun 9, 2021 (ETHBULL-USDT)
#3
Manaia Panda 🐼 Kryll strategy poster

Manaia Panda 🐼

+ 384.80%
Launched Aug 14, 2021 (MTV-USDT)
#4

Market pairs

Search icon
Rank Pair Name Volume (24h)
1 XEM / USDT HitBTC $ 933 317 004 185.51 Trade!
2 XEM / USDT FMFW.io $ 926 497 992 151.57 Trade!
3 XEM / BTC FMFW.io $ 348 732 401 054.73 Trade!
4 XEM / BTC HitBTC $ 352 652 156 337.95 Trade!
5 XEM / KRW Upbit $ 3 078 543 688 412.60 Trade!
6 XEM / ETH HitBTC $ 86 187 675 290.49 Trade!
7 XEM / ETH FMFW.io $ 86 501 444 971.05 Trade!
8 XEM / USDT Gate.io $ 56 867 127 012.93 Trade!
9 XEM / USDT Binance $ 2 399 600 714 155.53 Trade!
10 XEM / JPY Zaif $ 611 671 704 643.46 Trade!
11 XEM / USDT Huobi Global $ 364 757 515 982.50 Trade!
12 XEM / USDT OKEx $ 1 574 258 465 594.18 Trade!
13 XEM / BTC Binance $ 415 479 722 803.39 Trade!
14 XEM / ETH GokuMarket $ 3 265 089 284 720.87 Trade!
15 XEM / KRW Bithumb $ 266 297 182 083.08 Trade!
16 XEM / USDT AEX $ 66 304 506 795.35 Trade!
17 XEM / BTC OKEx $ 401 580 907 942.65 Trade!
18 XEM / USDT BKEX $ 256 668 435 837.47 Trade!
19 XEM / BTC Bittrex $ 40 658 841 707.64 Trade!
20 XEM / BITCNY CoinTiger $ 13 426 947 910.07 Trade!
21 XEM / USDT GokuMarket $ 1 367 064 378 480.38 Trade!
22 XEM / ETH P2PB2B $ 30 371 915 209.57 Trade!
23 XEM / USDT AscendEX (BitMax) $ 430 605 369 702.19 Trade!
24 XEM / BTC GokuMarket $ 2 023 303 290 286.15 Trade!
25 XEM / ETH Binance $ 59 766 933 250.45 Trade!
26 XEM / USDT KuCoin $ 71 082 386 957.05 Trade!
27 XEM / USDT XT.COM $ 248 748 758 505.95 Trade!
28 XEM / BTC Poloniex $ 38 216 213 547.03 Trade!
29 XEM / USDT Bitrue $ 999 281 663 260.91 Trade!
30 XEM / BTC XT.COM $ 165 901 472 744.47 Trade!
31 XEM / USDT Hotbit $ 91 543 456 037.33 Trade!
32 XEM / BTC Huobi Global $ 35 919 955 466.13 Trade!
33 XEM / BTC AscendEX (BitMax) $ 316 265 768 173.57 Trade!
34 XEM / ETH Bittrex $ 1 442 635 324.80 Trade!
35 XEM / BUSD Binance $ 83 150 528 450.66 Trade!
36 XEM / BTC KuCoin $ 9 375 955 926.57 Trade!
37 XEM / ETH XT.COM $ 187 048 416 157.03 Trade!
38 XEM / ETH OKEx $ 81 600 010 316.88 Trade!
39 XEM / USDT Bibox $ 50 390 850 394.94 Trade!
40 XEM / USDT Bittrex $ 2 103 247 941.89 Trade!
41 XEM / XRP Bitrue $ 36 098 454 677.76 Trade!
42 XEM / USDT CoinEx $ 13 357 578 118.20 Trade!
43 XEM / USDT Exrates $ 7 184 916 095.25 Trade!
44 XEM / BTC Hotbit $ 10 001 962 645.26 Trade!
45 XEM / BTC Exrates $ 2 345 428 362.19 Trade!
46 XEM / USD Bittrex $ 5 282 849 985.15 Trade!
47 XEM / USDT Digifinex $ 232 964 043 620.39 Trade!
48 XEM / IDR Indodax $ 7 376 158 436.18 Trade!
49 XEM / USDT Poloniex $ 44 162 087 990.06 Trade!
50 XEM / ETH Bitrue $ 9 510 022 835.97 Trade!
51 XEM / USDT BitMart $ 182 981 735 730.66 Trade!
52 XEM / USDC Poloniex $ 17 760 266 215.55 Trade!
53 XEM / UAH Kuna Exchange $ 3 442 521 908.66 Trade!
54 XEM / USD Exrates $ 5 297 158 149.34 Trade!
55 XEM / BTC Coinsbit $ 21 352 877 470.92 Trade!
56 XEM / BTC Digifinex $ 52 148 707 676.74 Trade!
57 XEM / BTC Gate.io $ 2 069 091 417.40 Trade!
58 XEM / USD EXMO $ 50 370 099 028.24 Trade!
59 XEM / ETH Hotbit $ 9 488 532 103.09 Trade!
60 XEM / INR WazirX $ 28 604 277 527.61 Trade!
61 XEM / BTC LATOKEN $ 17 873 490 385.28 Trade!
62 XEM / ETH Gate.io $ 1 978 124 220.12 Trade!
63 XEM / USDT WazirX $ 1 945 247 507.69 Trade!
64 XEM / BTC Upbit $ 2 140 641 279.08 Trade!
65 XEM / BTC Dex-Trade $ 4 468 914 480.09 Trade!
66 XEM / USDT ProBit Global $ 47 063 444 406.29 Trade!
67 XEM / ETH Dex-Trade $ 610 854 782.87 Trade!
68 XEM / USDT Probit (Korea) $ 23 333 200 151.16 Trade!
69 XEM / USDT BHEX $ 11 733 827 906.64 Trade!
70 XEM / QC ZB $ 18 866 914 861.77 Trade!
71 XEM / UAH EXMO $ 20 500 270 859.91 Trade!
72 XEM / BTC YoBit $ 125 161 664.18 Trade!
73 XEM / RUR YoBit $ 29 504 670.20 Trade!
74 XEM / INR BitBNS $ 227 046 604.62 Trade!
75 XEM / ETH Coinsbit $ 3 306 295 091.39 Trade!
76 XEM / USDT TokoCrypto $ 1 010 682 745.53 Trade!
77 XEM / EUR Bitvavo $ 26 935 278 218.18 Trade!
78 XEM / ETH TokoCrypto $ 69 052 624.22 Trade!
79 XEM / USDT BiONE $ 103 726 566 136.40 Trade!
80 XEM / ETH LATOKEN $ 2 557 454 804.23 Trade!
81 XEM / IDR Zipmex $ 152 625 914.91 Trade!
82 XEM / USDT Zipmex $ 123 944 626.85 Trade!
83 XEM / USDT CREX24 $ 887 145 932.32 Trade!
84 XEM / BTC DragonEx $ 367 827 080 636.58 Trade!
85 XEM / BTC Vindax $ 538 567 602 473.43 Trade!
86 XEM / BTC P2PB2B $ 130 473 601 149.48 Trade!
87 XEM / QC ZBG $ 6 187 463 393.58 Trade!
88 XEM / BTC EXMO $ 46 802 249 427.26 Trade!
89 XEM / EUR EXMO $ 47 712 827 287.08 Trade!
90 XEM / BTC Zaif $ 1 267 280 876.48 Trade!
91 XEM / ETH Vindax $ 18 670 790 134.66 Trade!
92 XEM / BCH CoinEx $ 2 698 157 037.24 Trade!
93 XEM / BTC CoinEx $ 2 634 647 744.73 Trade!
94 XEM / BTC BTCNEXT $ 250 912 924 418.49 Trade!
95 XEM / USDT Huobi Korea $ 9 698 860 374.32 Trade!
96 XEM / BTC Upbit Indonesia $ 1 840 054 233.78 Trade!
97 XEM / BTC Huobi Korea $ 917 476 864.81 Trade!
98 XEM / BTC Huobi Japan $ 259 902 772.60 Trade!
99 XEM / JPY Huobi Japan $ 223 965 352.10 Trade!
100 XEM / BTC FinexBox $ 398 375 433.71 Trade!