NEM Price, Live Chart & Market Cap

NEM (XEM): Fast PoI, Low Fees, and Secure Staking for Real-World Utility

Overview of NEM (XEM)

NEM (XEM) is built to provide secure and efficient blockchain solutions. It offers fast transactions and a flexible Smart Asset System. Many DeFi apps and token projects appreciate NEM’s low fees. By using Proof of Importance, NEM encourages real usage and helps users earn rewards when they are active. This approach sets NEM apart in staking and daily transactions.

NEM (XEM): A Unique Proof of Importance Blockchain

Utility & Use Cases XEM

Staking (Harvesting) Rewards

NEM offers unique Proof of Importance staking known as harvesting. Active accounts can earn block fees while supporting network security.

Liquidity Pools

Projects use NEM mosaics for liquidity pools. By combining tokens with XEM, they create flexible structures for trading or farming on external platforms.

Marketplace Integration

Merchants can accept XEM or custom mosaics for payments. Low fees make microtransactions viable across many online or physical stores.

Custodial Wallets

Exchanges and services store user XEM funds safely. Multi-signature features help ensure secure holdings and easy account recovery.

Community Governance

NEM holders use on-chain voting tools to decide project proposals or allocate funds, ensuring community-driven ecosystem growth.

NEM Technologies Overview

Fast Transactions

NEM processes transactions in about one minute, enabling swift payments and real-time confirmations.

Low Fees

Fees on NEM remain tiny, even for mosaic issuance or large transfers, making everyday usage affordable.

Encryption

Encrypted messaging in each transaction keeps sensitive details private while still using a public ledger.

Cross-Chain Compatibility

Developers can link NEM with other networks via bridging solutions, expanding integration options.

NFT Support

Custom mosaic configurations allow the creation of non-fungible assets for collectibles, event tickets, or unique tokens.

Funding

NEM did not conduct a typical ICO. Instead, it used a community-driven distribution model. Early backers and contributors received stakes of XEM. This grassroots approach helped keep the supply widely distributed from day one.

Roadmap

Early Launch (2015)

NEM’s mainnet introduced a fixed supply of XEM and the Proof of Importance consensus.

Platform Enhancements

Developers refined multi-signature features, mosaic creation, and community funds for sustained growth.

Future Upgrades

The project aims to maintain NEM’s chain indefinitely, with potential bridging to newer platforms.

NEM Security & Audit Reports

NEM’s code has remained stable with no critical exploits. Multi-signature features, delegated harvesting, and strong node reputation systems bolster security. External reviews and community vigilance help prevent vulnerabilities.

FAQ

How to start staking on NEM?

Enable harvesting in a NEM wallet once you vest 10,000 XEM. You can then earn rewards from network fees.

How to create a custom token on NEM?

Use the mosaic creation feature in your NEM wallet. Choose supply, divisibility, and pay a small XEM fee.

What makes NEM different?

It introduces Proof of Importance, rewarding active accounts. NEM also provides flexible assets without complex on-chain code.

Is NEM suitable for enterprise solutions?

Yes. The low fees and built-in multi-sig system help businesses manage tokens and transactions securely.

Where can I store my XEM?

Use official desktop or mobile wallets. Hardware wallets like Ledger also support NEM for extra security.

Can I issue NFTs on NEM?

Yes. Mosaics can represent unique items. Set supply to one and configure properties to create digital collectibles.

Does NEM support DeFi?

NEM can integrate with DeFi platforms through bridging. Its mosaic system also supports token generation for finance apps.

Top Crypto Exchanges to Trade NEM (XEM)

#	Exchange	Pair	Price	24h Volume
1	WhiteBIT	XEM/USDT	~$0.023	$1,445,405
2	Upbit	XEM/KRW	~$35.36	$1,454,120
3	HTX	XEM/USDT	~$0.023	$994,585
4	Gate.io	XEM/USDT	~$0.024	$162,492
5	Bitget	XEM/USDT	~$0.024	$56,850
6	Bybit	XEM/USDT	~$0.023	$117,274
7	BitMart	XEM/USDT	~$0.023	$85,069
8	CoinEx	XEM/USDT	~$0.023	$90,670
9	BingX	XEM/USDT	~$0.024	$30,376
10	Zaif	XEM/JPY	~$3.71	$57,355
11	Hibt	XEM/USDT	~$0.023	$3,020.86
12	CoinEx	XEM/USDC	~$0.023	$2,246.02
13	XT.COM	XEM/USDT	~$0.024	$31,640
14	KuCoin	XEM/USDT	~$0.024	$12,864.53
15	WEEX	XEM/USDT	~$0.023	$163.83
16	CoinEx	XEM/BTC	~$2.000000028	$2,617.54
17	KuCoin	XEM/BTC	~$2.000000028	$531.77
18	Coincheck	XEM/JPY	~$3.6	$1,895.03
19	BitTrade	XEM/JPY	~$3.61	$188.39
20	Poloniex	XEM/USDT	~$0.023	$43,930,460
21	Bibox	XEM/USDT	~$0.023	$613,214
22	Upbit	XEM/BTC	~$2.00000002	$91.92
23	HitBTC	XEM/USDT	~$0.024	$82.05
24	FMFW.io	XEM/USDT	~$0.024	$81.99
25	Zaif	XEM/BTC	~$2.00000003	$0.23
26	Indodax	XEM/IDR	~$380	$47.98
27	YoBit	XEM/USD	~$0.024	$1.32
28	AscendEX (BitMax)	XEM/USDT	~$0.024	$345,526
29	Poloniex	XEM/BTC	~$2.00000002	$34.89
30	GMO Japan	XEM/JPY	~$3.65	$58,351
31	CoinDCX	XEM/INR	~$2.3	$2,145.44
32	Bitrue	XEM/USDT	~$0.017	$216.55
33	LATOKEN	XEM/USDT	~$0.026	$0.49
34	YoBit	XEM/RUR	~$2.65	$0.66
35	BitBNS	XEM/INR	~$4.29	$3.5
36	FMFW.io	XEM/BTC	~$2.000000031	$38.79
37	BTC Trade UA	XEM/UAH	~$0.98	$0.47
38	FMFW.io	XEM/ETH	~$0.0000075	$0.025
39	HitBTC	XEM/BTC	~$2.000000031	$38.79
40	HitBTC	XEM/ETH	~$0.0000075	$0.025
41	Mudrex	XEM/USDT	~$0.026	$1,015.68
42	ProBit Global	XEM/USDT	~$0.032	$1.44
43	LATOKEN	XEM/BTC	~$2.000000046	$0.0066
44	Upbit Indonesia	XEM/BTC	~$2.00000002	$1,799.51
45	ChangeNOW	XEM/BTC	~$2.000000045	$19.37