NEM [XEM] is Now Trading on


NEM (XEM) is now available on another exchange which is offering zero fee deposits and charging 2 XEM as withdrawal fees. The exchange offers multiple fiat deposit methods providing added liquidity and more exposure to the NEM cryptocurrency.

NEM now available for free deposit on

NEM is actively working on advancing its presence and further develop and strengthen its community. Just a few hours back, NEM announced the support from exchange. The exchange also tweeted about the addition and shared the details, the rough translation of the statement is:

“On the exchange started trades in #NEM (#XEM). Traded in pair with #BTC. Fees for deposit 0%, withdraw 2 XEM.”

BitFex is relatively a new crypto exchange on the block that mainly focuses on Russian clients. The exchange offers lower fees than the industry average that is likely to be because of being new in the market. Notwithstanding the reason, it is certainly good for the traders. The option of multiple fiat deposit methods that includes Credit card, AdvCash, and Yandex also makes it a pretty attractive option to investors.

Also, read: Monero (XMR), Siacoin (SC), NEM (XEM) & Aeternity (AE) Gets New Listing, Price Analysis

NEM on constant move

BitFex usually has low deposit fees but in case of NEM, it is already being mentioned by the exchange in its Tweet that it is going to cost them nothing. However, withdrawal fees are 2 XEM. With a chat box right there on the platform, that’s quite interesting and unique.  It also makes it convenient for investors to get faster updates from the exchange as they have a representative in the chat box. Only registered users are allowed to chat here.

Apart from the latest XEM addition, the exchange also has Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and DASH among other coins on its platform. As for the trading, it is available against USD, RUR and major cryptocurrencies. Listings work in favour of cryptocurrencies that might not reflect in their prices but add liquidity to the coin and expose the crypto to a much wider audience. NEM is also dedicatedly working on building its global community through series of meetups. Singapore summit and Venezuela meetup are its upcoming conferences while Deveslopes is having multiple NEM meetups as well.

At the time of writing, XEM price has been at $0.192 with a loss of about 3.57 percent. Currently ranking at 16th position, its market cap is over $1 billion according to Coinmarketcap.

Let us know your views on NEM’s latest listing!

The post NEM [XEM] is Now Trading on appeared first on Coingape.

Written by Sagar Saxena @ June 20, 2018 Sagar Saxena

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