Bequant Exchange is excited to announce the listing of NEM Group’s token (XEM), which is now available for trading.
The XEM token is a decentralized open-source cryptocurrency that has a number of unique features. The most important of these differentiators is in how the NIS1 blockchain is secured. NIS1 uses its own proof-of-importance (PoI) algorithm — as opposed to the far more widespread proof-of-work and proof-of-stake. This ensures that transactions on the network are processed and recorded in a timely and honest manner.
“The XEM token is great for our traders, allowing them the ability to trade another token on our exchange,” said Sunil Chauhan, Director of Marketing and Partnerships for Bequant. “We are delighted to list another Top 100 token on our platform.”
NEM (New Economy Movement) is an ecosystem of platforms that use blockchain and cryptography to provide solutions for businesses and individuals. XEM is the native cryptocurrency of NEM’s NIS1 public blockchain dubbed ‘NIS1.’
NEM was originally created by three developers known by their pseudonyms on the Bitcointalk.org forum: Jaguar0625, BloodyRookie and gimre. Since its inception in 2014-2015, NEM has grown from a personal project of three programmers to a large ecosystem composed of several platforms.
“Thanks to our partnership with BEQUANT, the XEM token will be even more accessible to institutional investors, opening new possibilities for both XEM and our growing client base within this segment,” commented Iain Wilson, CFO at NEM Group.
BEQUANT has integrated the XEM Token on its trading platform. BEQUANT has listed the following crosses, XEM/Bitcoin (BTC), XEM/Ethereum (ETH), XEM/EOS and XEM/Tether (USDT).
To trade XEM via BEQUANT Exchange , visit https://bequant.io/
About BEQUANT:
Located in London and Malta, BEQUANT is a one stop solution for professional digital-assets investors and institutions. Our breadth of products include prime brokerage, custody technology and fund administration services, enhanced by an institutional trading platform providing low-latency, liquidity and direct market access.
The BEQUANT team is composed of experts from institutional, retail and digital financial services with experience in banking, derivatives, electronic trading and prime brokerage.
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About NEM Group (XEM):
NEM (New Economy Movement) is an ecosystem of platforms that use blockchain and cryptography to provide solutions for businesses and individuals. XEM is the native cryptocurrency of NEM’s NIS1 public blockchain.
NIS1 operates in a similar way to Bitcoin (BTC): it has a network of distributed independent nodes that process and record transactions on a public ledger called “blockchain.” These nodes are incentivized to contribute their time and computing resources and remain incorruptible via transaction fee rewards; these rewards are paid out in XEM coins to each node that manages to add a new block of transactions to the end of the blockchain.
Official website:
Contact details:
NEM Group
Dan Bobby