NEM Fees

Deposit, Trading & Withdrawal fees

NEM Exchange Fees

by exchange site
Dep. Deposit fees Trade Trading fees Withdrawal Withdrawal fees
- 0.1% 4.0 XEM Sign up
- 0.75% 4.0 XEM Sign up
- 0.2% 5.0 XEM Sign up
- 0.2% 4.0 XEM Sign up
- 0.1% 4.0 XEM Sign up
- 0.08% / 0.1% 4.0 XEM Sign up
- 0.125% 15.0 XEM Sign up
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Cheapest exchanges for NEM

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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

Coin categories

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.
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.
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.
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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