NEM Listed on Bitbns—India’s Only Exchange to Trade 35 Digital Assets

Published in

Bitbns

2 min readMay 3, 2018

We are excited to announce our 35th digital asset today. NEM (token symbol: XEM) is among the top 15 cryptocurrencies in the world.

Deposit for XEM will start at 6:55 pm on 3rd May 2018. Trading time for XEM will be announced via our telegram group.

Contest Rules for XEM

Trader of the Day

Highest trade in terms of volume will win ₹ 5K worth of XEM.
Contest Eligibility: You must trade a minimum ₹ 50K worth of XEM on the first day

Depositor of the Day

Largest depositor of XEM wins ₹ 5K worth of XEM.
Contest Eligibility: You must deposit at least ₹ 100K worth of XEM
You need to sell at least 40% of the XEM on the first day

What is NEM?

New Economy Movement (NEM) is an enterprise-grade solution to power the impending blockchain economy. Originally intended to be a fork of NXT, the community decided to go with a completely new codebase with an alpha version released June 25, 2014, and the first stable release March 31, 2015. The platform is currently being rewritten in C++ and will be released as the “Catapult” update sometime in early 2018.

The NEM blockchain powers what they call the Smart Asset System. This system is intended to be an open, customisable blockchain solution for any number of use cases built on top of simple, powerful API calls.

NEM Market Updates

Coinmarketcap Rank: 14
Token Symbol: XEM
Market Cap (Last 24hrs): ₹249,591,585,288
NEM / INR (last 24hr): ₹27.73
Current Circulation: 8,999,999,999 XEM

Read the NEM Catapult Whitepaper