How to buy NEM from Bitget 

What is NEM (XEM)?

NEM (New Economy Movement) is a blockchain network that is a fork of another blockchain called NXT. Yet, since its inception in 2015, NEM has since forged their own path and created a different blockchain with their own codes, aiming to build a more advanced, faster, and more scalable network powered by the XEM token. It introduces two new concepts to the world: Proof of Importance and Harvesting. With these two pillars, NEM effectively sets itself apart from other blockchains and stays among the top crypto projects.

How NEM (XEM) Works

Proof of Importance (POI) is the unique consensus mechanism of NEM. It takes into account the XEM balance, time holding XEM, as well as transactions made within the network, to send rewards to those who help the NEM economy. POI also decides who is permitted to create new blocks.

The process of creating new blocks and receiving transaction fees as rewards in NEM is called Harvesting. While it bears much resemblance to mining, harvesting does not mint new XEM tokens.

How Many NEM (XEM) Tokens Are in Circulation?

XEM is the native token of the NEM blockchain network. The total supply of XEM is 9 billion and 100% is being circulated.

How to Buy NEM (XEM)

Consider investing in NEM (XEM)? It only takes 2 minutes to create an account on Bitget and start trading XEM. 

Check out the available XEM trading pairs on Bitget!

Futures market

XEMUSDT

Spot market

XEMUSDT

NEM (XEM) Resources

Official Website

Whitepaper

Bitget: Where The World Trades NEM

Fast

Bitget’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy NEM instantly.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Bitget is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

How to buy NEM from Bitget 

What to Do After I Buy NEM

Store/Hold NEM

Many users hold on to their NEM with the expectation of it increasing in value. You can store your XEM safely on your Bitget account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.

Trade NEM

You can trade NEM for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for NEM trading to meet your needs.

Send NEM

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy NEM online and send to anyone and anywhere with their NEM address.

Spend NEM

You can also buy goods and services with your NEM. More and more vendors and retailers accept NEM every day.

Donate NEM

Bitget Charity accepts NEM donations for global projects that aim to improve the lives of people in the bottom billion. You can donate NEM so no one misses out on the growth made possible by blockchain.

Learn More About NEM

You can read more in-depth articles on NEM from Bitget Research and study how cryptocurrencies like NEM work on Bitget Academy

Buy and Sell XEM on the Move

Download the Bitget crypto trading app and trade your XEM plus 150+ cryptocurrencies, anytime and anywhere.

(!) Cryptocurrency investment activities, including actions done to buy NEM online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy NEM instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your NEM purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.