NEM (XEM) is now available on another exchange BitFex.trade which is offering zero fee deposits and charging 2 XEM as withdrawal fees. The exchange offers multiple fiat deposit methods providing added liquidity and more exposure to the NEM cryptocurrency.
NEM now available for free deposit on BitFex.trade
NEM is actively working on advancing its presence and further develop and strengthen its community. Just a few hours back, NEM announced the support from BitFex.trade exchange. The exchange also tweeted about the addition and shared the details, the rough translation of the statement is:
— NEM (@NEMofficial) June 20, 2018
BitFex is relatively a new crypto exchange on the block that mainly focuses on Russian clients. The exchange offers lower fees than the industry average that is likely to be because of being new in the market. Notwithstanding the reason, it is certainly good for the traders. The option of multiple fiat deposit methods that includes Credit card, AdvCash, and Yandex also makes it a pretty attractive option to investors.
NEM on constant move
BitFex usually has low deposit fees but in case of NEM, it is already being mentioned by the exchange in its Tweet that it is going to cost them nothing. However, withdrawal fees are 2 XEM. With a chat box right there on the platform, that’s quite interesting and unique. It also makes it convenient for investors to get faster updates from the exchange as they have a representative in the chat box. Only registered users are allowed to chat here.
Apart from the latest XEM addition, the exchange also has Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and DASH among other coins on its platform. As for the trading, it is available against USD, RUR and major cryptocurrencies. Listings work in favour of cryptocurrencies that might not reflect in their prices but add liquidity to the coin and expose the crypto to a much wider audience. NEM is also dedicatedly working on building its global community through series of meetups. Singapore summit and Venezuela meetup are its upcoming conferences while Deveslopes is having multiple NEM meetups as well.
At the time of writing, XEM price has been at $0.192 with a loss of about 3.57 percent. Currently ranking at 16th position, its market cap is over $1 billion according to Coinmarketcap.
Let us know your views on NEM’s latest listing!
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Passionate about Blockchain and has been researching and writing about the Blockchain technology for over a year now. Also holds expertise in digital marketing. follow me on twitter at @sagar2803 or reach out to him at sagar[at]coingape.com