KuCoin – 27.06.2019
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. NEM (XEM) is now available on KuCoin. Supported trading pairs include XEM/BTC and XEM/USDT.
Please take note of the following schedule:
- Deposits Effective Immediately
- Trading: 18:00 June 27, 2019 (UTC+8)
- Withdrawal: 18:00 July 1, 2019 (UTC+8)
NEM (XEM) Project Summary
XEM is the native currency of the NEM public blockchain. It is used to pay for transactions on this public blockchain in order to incentivize its network of public nodes that process and record transactions for businesses and users. This means that XEM has real fundamental value as the currency of a functioning economy.
- Zero Inflation – The amount of XEM tokens in the ecosystem is fixed
- Scalable – Featuring high TPS
- Efficient – Negligible electricity and hardware costs
- Support the ecosystem by harvesting XEM tokens
NEM is a blockchain engine that enables businesses to easily apply blockchain technologies to their processes. Mijin, NEM’s permissioned ledger, can ensure over 4,000 transactions per second and can support full interaction with NEM. NEM is a developer-friendly platform that focuses on fast and secure development by offering a set of built-in features that do not require complex smart contracts, nor a specific language.
NEM’s public chain is supported by a strong community of developers and companies that look after its growth as an entire ecosystem. NEM is being further developed by the NEM Foundation, an organization formed by a fully committed team that focuses on expanding the technology and its use cases.
Official Website: http://nem.io/
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
The KuCoin Team
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