NEM Fees

Deposit, Trading & Withdrawal fees

NEM Exchange Fees

by exchange site

	Dep. Deposit fees	Trade Trading fees	Withdrawal Withdrawal fees
Binance	-	0.1%	4.0 XEM	Sign up
BitTrex	-	0.75%	4.0 XEM	Sign up
Gate.io	-	0.2%	12.0 XEM	Sign up
Huobi	-	0.2%	4.0 XEM	Sign up
Kucoin	-	0.1%	4.0 XEM	Sign up
OKEx	-	0.08% / 0.1%	3.2 XEM	Sign up
Poloniex	-	0.145%	15.0 XEM	Sign up

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What is NEM?

NEM is a cryptocurrency and blockchain platform for smart digital assets. Main new feature in NEM includes Proof of Importance (POI), new consensus algorithm, and smart asset system.

Platform Smart Contracts Token Issuance Payments Proof Of Importance Cryptocurrency Premine

Launch date 2014-06-06

Development status Working product

Whitepaper Link

Org. Structure Semi-centralized

Open source Yes

HD Wallet No

Consensus type Proof of Importance

Hash algorithm PoI

NEM sites

Explorer

http://nembex.nem.ninja/

http://explorer.nemchina.com

Source code

https://github.com/NemProject/nem.core

Website

https://nem.io

https://www.reddit.com/r/nem

Facebook

https://www.facebook.com/ourNEM/

Coin categories

Platform

A platform is a group of technologies that are used as a base upon which other applications, processes or technologies are developed.

Smart Contracts

Smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.

Token Issuance

Crypto tokens represent a particular fungible and tradable asset or a utility that is often found on a blockchain.

Payments

Payment systems, micro-transactions and transfers.

Proof Of Importance

It functions similarly to proof-of-stake - nodes need to 'vest' an amount of currency to be eligible for creating blocks and are selected for creating a block roughly in proportion to some score.

Cryptocurrency

Digital asset designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Premine

A premine is where a developer allocates a certain amount of currency credit to a particular address before releasing the source code to the open community.

Team members

	Position	Links
Lon Wong	President
Jeff McDonald	Vice President
Ronel Li	Secretary
Ken Chan	Treasurer
Takao Asayama	Council Member
Stephen Chia	Council Member Regional Head, Southeast Asia
Albert Castellana	Council Member
Nelson Valero	Council Member
Kristof Van de Reck	Council Member Regional Head, Europe
Niko Maenpaa	Council Member
Leon Yeoh	Co-Founder
Kailin O'Donnell	Co-Founder
Erik Van Himbergen	Co-Founder
Ewan	Co-Founder
QM	Co-Founder
Jason Lee	Australasia Director Partnership & Strategic Alliances
Samy Mendiburo	Marketing Director
Misha Granin	Head of Partnerships
Alexandra Tinsman	Communication Director
Yoshiaki Okabe	Senior Technical Advisor

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