If you're trying to figure out if you should buy NEM (XEM) and where, you've come to the right place! Here at Exwhere we have created a list to guide and help you decide on the best and most convenient exchange for you to do so, according to your needs and availability per region or country of residence.
To find the right exchange, you can get started by simply reviewing the most liquid trading pairs available, verifying the exchange's availability in your country and set up an account on any of these platforms to be able to trade the coin you have funded and get XEM. If you're new to the cryptocurrency world, we suggest you gather information and read about these exchanges before making any decisions.
If you want to learn more about the market of cryptocurrency trends, it may be a good idea to follow the projections of Bitcoin since it helps predict the future value of your favorite crypto coins like NEM.
Here is a list of the top 3 most liquid exchanges to buy the cryptocurrency NEM (XEM) on:
Beware: Some of the mentioned exchanges are unavailable to US/UK investors due to policies and region protocol. Don't worry! If you're an American/UK citizen or live in an Asian country, we still have some options for you down below.
List of Best Crypto Exchanges for US Residents
List of Best Crypto Exchanges for EU/UK Residents
List of Best Crypto Exchanges for Asian Residents
NEM is a cryptocurrency platform for decentralized applications operated by NEM.io foundation in Singapore. It was created in 2015 as a fork of NXT, another crypto blockchain platform, although currently NEM is running on its own codebase making it completely different from the original NXT blockchain platform.
NEM runs under a Proof of Importance (POI) consensus mechanism created to give power to investors who actually use and participate in the network.
Their native cryptocurrency is also called NEM, abbreviated XEM. Its main functions are to transfer value within the network, as a form of payment to validate transactions and for users to vote on governance decisions.
You might be interested in comparing the prices of other cryptocurrencies to NEM before investing, and make sure it's the right purchase for you. Check out our Cryptocurrency Compare tool here for a quick and easy way to compare up to five different coins.
Now that you have decided on buying NEM, the next step is to get a cryptocurrency wallet to store your assets! That's why we did the research for you and created a guide on the best wallets to keep your XEM and interact with the NEM network from your account safely and easily.
Many of these wallets feature functions that allow deposits through a credit card, debit card, wire transfer and other secure purchasing methods, and can be used through your phone, computer, web browser or be a whole separate device! All you have to do now is review the one that best fits your needs, set up your account and you'll be done in a few minutes.
Here is Exwhere’s overview of the top-recommended wallets to store your NEM (XEM) on:
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