NEM (XEM)

Rank #1268

Market snapshot

Price
N/A
Market cap
N/A
24h volume
N/A
Circulating supply
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Total supply
N/A
Max supply
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What is NEM?

NEM is a cryptocurrency that serves multiple purposes, including facilitating decentralized finance and enabling smart contracts. It aims to provide a platform for secure and efficient transactions while supporting various applications within the blockchain space.

Key information

Symbol
XEM
CMC rank
#1268
Network / platforms
N/A
Categories
N/A
Date added
Apr 1, 2015

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is NEM (XEM)?
NEM (XEM) is a cryptocurrency that facilitates decentralized finance, smart contracts, and payments.
What are the risks associated with transferring NEM (XEM)?
Digital asset prices can be volatile, and users should verify the asset and network before transferring assets.
How can I verify NEM (XEM) before acquiring it?
Verify the asset name, network, and the destination details before transferring.
Where can I find official resources for NEM (XEM)?
Official resources for NEM can be found at their website, technical documentation, and GitHub repository.

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