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NEM FAQs

ANEM was launched in March 2015.
AThe blocktime for NEM is 1 minute. Blocktime is the time interval between new blocks being added to the blockchain. Some people argues that slower blocktimes are more secure and scalable and that faster blocktimes allow faster transactions. It is a highly debatable topic in the crypto community.
ANEM uses the hasing algortihm Proof of Importance.
AThe highest price that NEM ever reached was $1.87 USD. This all time high price occured on 7 Jan 2018.
AThe lowest price that NEM ever reached was $8.482E-5 USD. This all time low price occured on 5 Sep 2015.
ANEM uses a poi concensus algorithm.
ANEM is part of the Fantom ecosystem.
AYes, staking is available for NEM on a number of platforms. For a full list of NEM staking yields see our list of NEM staking yields.
AYou can earn up to 0.5% APY by staking your NEM tokens. Check out our NEM staking yields table for further details.
ARight now the best staking rates are on Binance with an income rate of up to 0.5% APY.
AYou can check the technical indicators for NEM on the NEM Price Trend tab. These indicators are based on the analysis of multiple trading signals for NEM.
AYou can find the cheapest exchange on which to buy NEM on the NEM Buy tab.
AYou can check which wallets support NEM on the NEM Wallets tab.

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