NEM (CURRENCY:XEM) traded 6.2% lower against the dollar during the 1-day period ending at 18:00 PM E.T. on December 6th. NEM has a total market cap of $644.15 million and $11.25 million worth of NEM was traded on exchanges in the last 24 hours. One NEM coin can currently be bought for about $0.0716 or 0.00001967 BTC on popular cryptocurrency exchanges including Bitbns, Huobi, BTC-Alpha and BTC Trade UA. During the last week, NEM has traded 9.7% lower against the dollar.

NEM Profile

NEM is a proof-of-importance (PoI) coin that uses the ProofofImportance hashing algorithm. Its launch date was March 31st, 2015. NEM’s total supply is 8,999,999,999 coins. The Reddit community for NEM is /r/nem and the currency’s Github account can be viewed here. The official message board for NEM is forum.nem.io. NEM’s official Twitter account is @NEMofficial and its Facebook page is accessible here. NEM’s official website is nem.io.

Buying and Selling NEM

NEM can be purchased on the following cryptocurrency exchanges: Livecoin, Poloniex, OKEx, LiteBit.eu, Zaif, Coinsuper, Cryptomate, Liquid, Binance, Indodax, OpenLedger DEX, Bittrex, Crex24, BTC Trade UA, B2BX, COSS, Upbit, Kryptono, CoinTiger, HitBTC, Bitbns, Exrates, Koineks, Kuna, BTC-Alpha, Huobi, Cryptopia, Iquant, Bithumb, Coinbe and YoBit. It is usually not presently possible to purchase alternative cryptocurrencies such as NEM directly using US dollars. Investors seeking to trade NEM should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase NEM using one of the aforementioned exchanges.

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