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Nem (XEM)

Live Nem (XEM) Price

The StormGain Live Nem Price Index provides the latest XEM price in Tethers (USDT) using an average from the world's leading exchanges.

XEM/USDT Price Chart

The XEM/USDT price chart shows the latest price changes in different timeframes and views: the candlestick chart, line chart and area chart

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Buy, sell and exchange Nem

StormGain allows you to buy, sell and exchange Nem using data from the live XEM price chart to inform your trades.

What is XEM?

XEM coin is the native cryptocurrency that powers the NEM (New Economy Movement) network. The XEM token, unlike Bitcoin and Ethereum, isn't considered a payment option. Nevertheless, it still has great investment potential, and its value has risen since it first appeared on its native network. The NEM blockchain itself aims to build a supposedly better blockchain using the Proof-of-Importance and the Harvesting concepts as opposed to the Proof-of-Work and Proof-of-Stake concepts used by other networks. This is to help mitigate the advantage of coin hoarders in the PoW and PoS systems by giving more importance to how much one is invested in the network rather than users with deeper wallets. 

Nem price history

XEM price history began when the token was launched in 2015 with a starting price of $0.00031, according to CoinMarketCap. It began trading lower shortly after and closed the year at $0.00015. It finally traded above its launch price in January 2016 and kept rising until it set a new high in June at around $0.012. By December 2016, it had retraced by over 60% to reach $0.0032 before beginning another climb. The bull run that gripped the crypto market in 2018 helped XEM create a new all-time high at $2, a more than 2000% increase from the low in 2016. The token couldn't maintain that spurt of growth and fell sharply by almost 100%. It ranged between $0.01 to $0.17 until the bull run in 2021, when it managed to break out and reach $0.90 before characteristically falling again to stabilise around $0.10.

Nem price prediction

XEM future prices are not set in stone and cannot be precisely predicted, but depending on certain factors, a general overview of anticipated future prices can be given. Price prediction engines like WalletInvestor and TradingBeasts have predicted that the XEM token is likely to increase in this decade. Some have even predicted a new all-time high will be formed within the next five years. To learn more about Nem's future prices, check out our detailed XEM price prediction here.

Signals for Nem trading

Make cryptocurrency trading decisions based on StormGain's trading signals. Each Buy or Sell signal has two main indicators — profitability and probability — to help you make sound decisions. The signals are available for free immediately after you register.

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What affects the price of Nem today?

The price of XEM today changes constantly, much like other tradeable assets in the world of finance. Powerful factors like supply and demand play important roles in these price swings as they are the primary factors driving most economies. As the first and largest cryptocurrency by market capitalisation, Bitcoin also influences the price of other crypto assets like XEM.

How can I buy Nem (XEM)?

To buy Nem on StormGain, all you need to do is fund your account. You can do that in several ways:

  • Deposit via crypto wallet with no charge fee.
  • Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
  • Deposit via bank transfer.

Once you've completed your deposit, head over to the trading platform to buy XEM. 

How to sell XEM

To sell Nem, you first have to own the cryptocurrency by funding your account. You can do that in several ways:

  • Deposit via crypto wallet with no charge fee.
  • Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
  • Deposit via bank transfer.

Once you've completed your deposit, head over to the trading platform to sell XEM. 

How to exchange XEM

To exchange XEM, first make sure you have enough funds to exchange it. Navigate to the 'Exchange' window, select the asset you want under 'To wallet', then input the amount you wish to exchange under 'From wallet'. At the bottom of the exchange platform, you'll see a calculator that tells you how much your asset is worth and the commission fee. 

How to start Nem trading

To begin XEM trading on StormGain, fund your account with at least the minimum deposit amount. You can do that easily with your bank card or via a direct crypto deposit into your wallet. Once you confirm funds in your account, head over to StormGain's trading platform and select XEM from the list of instruments to begin trading.