Currently available in the United States; coming soon in 31 countries in Europe.

Currently available in the United States; coming soon in 31 countries in Europe.

Currently available in the United States; coming soon in 31 countries in Europe.

New Economy Movement (XEM)

Not currently supported on BlockCard; data on currently unsupported cryptocurrencies is included for your convenience.

The New Economy Movement (NEM) evolved from the NXT blockchain currency and payment platform in 2015. Designed to be a Smart Asset blockchain that manages assets and data easily, faster, at lower cost, and more scalable.

NEM’s cryptocurrency is XEM. XEM has the twelfth-highest market cap of $450 million and a circulating supply of 9 billion.

NEM offers two blockchain platforms: NEM NIS1 and Symbol. The NEM NIS1 is the original platform created for developers. Symbol is a blockchain solution to help businesses cut costs and streamline innovation.

New Economy Movement (XEM) To USD | XEM Conversion Calculator

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What is New Economy Movement (XEM)?

Written in Java, NEM’s blockchain technology uses proof-of-importance (POI) and harvesting to reduce processing time and network congestion. By leveraging these technologies, NEM can support financial assets, documents, contracts, and other digitized assets. NEM is also API compatible, allowing any mobile app, database, or web app to connect to the NEM blockchain and interact with high security.

Proof-of-Importance Algorithm (POI) places more importance on how much the user is invested in the NEM system using vested interest. The holding period and amount of XEM tokens in the wallet factor into how many new blocks are earned and generated. The longer a user allows their XEM tokens to vest, the greater blockchain rewards they receive. POI also rewards transactions with other users on the network to earn more XEM tokens.

New Economy Movement (XEM) Ticker Chart

About New Economy Movement (XEM)

Used by other blockchain platforms like Bitcoin and Ethereum, harvesting is an alternative mining process. NEM’s harvesting method allows a user to link their account to an existing supernode. Then it lends that account’s POI score to the supernode to increase the block harvesting without increasing the processing power.

Written in C++, Symbol uses modified Proof-of-Stake, receipt, and Merkle State Transition Proof protocols. It also uses cross-chain transactions and offers metadata controls beyond the original NIS1 platform. Symbol offers an integrated hybrid public/private blockchain to increase data flow and innovation while securely exchanging and protecting business assets.

All Supported Currencies

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Binance Coin

$646.67

BNB 3.91%

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Monero

$416.10

XMR 5.68%

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TRON

$0.15

TRX 20.67%

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Cardano

$1.52

ADA 16.06%

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Dash

$396.82

DASH 1.64%

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Tezos

$6.80

XTZ 15.86%

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Chainlink

$47.91

LINK 0.21%

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NEO

$117.34

NEO 18.33%

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Cosmos

$25.72

ATOM 18.02%

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Ethereum Classic

$96.18

ETC 29.03%

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EOS

$9.36

EOS 31.30%

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NEM

$0.39

XEM 26.31%

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DigiByte

$0.15

DGB 8.68%

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Kyber Network

$3.29

KNC 7.26%

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Maker

$5,340.43

MKR 2.56%

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Compound

$780.04

COMP 5.61%

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Aave

$2.40

LEND 5.18%

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IOTA

$2.07

MIOTA 7.48%

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Okex

$36.81

OKB 0.15%

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Ontology

$2.20

ONT 17.91%

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VeChain

$0.21

VET 12.87%

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ZCash

$292.24

ZEC 14.25%

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Crypto.com

$24.78

MCO 2.50%

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Ravencoin

$0.17

RVN 6.90%

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Elrond

$192.51

EGLD 4.50%

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Loopring

$0.59

LRC 14.66%

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Hedera Hashgraph

$0.31

HBAR 9.94%

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REN

$0.98

REN 7.21%

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Nano

$10.05

NANO 10.67%

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Siacoin

$0.04

SC 16.04%

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The Midas Touch Gold

$0.0061

TMTG 3.15%

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Theta

$11.26

THETA 3.79%

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Waves

$34.23

WAVES -2.83%

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Hyperion

$0.01

HYN -7.05%

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QTUM

$19.17

QTUM 33.30%

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Terra

$16.49

LUNA -4.92%

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OMG Network

$10.19

OMG 8.97%

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Zilliqa

$0.21

ZIL 8.62%

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BUSD

$1.00

BUSD 0.03%

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Bitcoin Diamond

$3.74

BCD 26.51%

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Bitcoin Gold

$155.26

BTG 41.48%

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DxChain Token

$0.0017

DX -2.06%

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Swipe

$5.22

SXP 8.79%

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Decred

$198.31

DCR 4.10%

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Enjin Coin

$2.59

ENJ 10.30%

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ICON Project

$2.44

ICX 12.80%

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Lisk

$6.58

LSK 23.49%

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Band Protocol

$19.20

BAND -4.67%

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iEx.ec

$4.24

RLC -6.44%

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Blockstack

$2.07

STX 5.25%

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Status Network Token

$0.22

SNT 34.98%

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Digitex Futures

$0.01

DGTX 5.18%

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Horizen

$117.82

ZEN 3.67%

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IOS token

$0.06

IOST 10.13%

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Bancor Network Token

$7.61

BNT 5.77%

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Aurora

$0.0043

AOA 4.67%

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ABBC Coin

$0.80

ABBC 6.52%

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Celsius Network

$6.45

CEL 9.00%

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ZB

$0.56

ZB 8.91%

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Quant

$37.93

QNT -2.85%

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Algorand

$1.48

ALGO 11.94%

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Holo

$0.0077

HOLO 5.18%

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HUSD

$1.00

HUSD 0.00%

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XRP

$1.71

XRP 21.50%

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Bitcoin SV

$416.56

BSV 17.15%

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Huobi Token

$25.01

HT 5.02%

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LEO Token

$2.97

LEO 17.75%

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Dogecoin

$0.61

DOGE -8.80%

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