Where and how to buy NEM in Micronesia
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a NEM order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor NEM in your Bitget spot account
Alternative methods to obtain NEM in Micronesia
Convert crypto to NEM with Bitget Convert
Swap on-chain assets to NEM with Bitget Swap
Methods to obtain NEM for free
Buy other cryptos
Buy NEM in a different country
How to buy NEM in other countries?
What can you do with NEM?
Store/Hold NEM
Many users hold on to their NEM with the expectation of it increasing in value. You can store your XEM safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade NEM
You can trade NEM for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for NEM trading to meet your needs.
Send NEM
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy NEM online and send to anyone and anywhere with their NEM address.
Spend NEM
You can also buy goods and services with your NEM. More and more vendors and retailers accept NEM every day.
Donate NEM
Bitget Charity accepts NEM donations for global projects that aim to improve the lives of people in the bottom billion. You can donate NEM so no one misses out on the growth made possible by blockchain.
Learn More About NEM
You can read more in-depth articles on NEM from Bitget Research and study how cryptocurrencies like NEM work on Bitget Academy
Market stats to assist in determining optimal times for purchasing NEM
What is NEM (XEM)?
NEM (New Economy Movement) is a blockchain network that is a fork of another blockchain called NXT. Yet, since its inception in 2015, NEM has since forged their own path and created a different blockchain with their own codes, aiming to build a more advanced, faster, and more scalable network powered by the XEM token. It introduces two new concepts to the world: Proof of Importance and Harvesting. With these two pillars, NEM effectively sets itself apart from other blockchains and stays among the top crypto projects.
How NEM (XEM) Works
Proof of Importance (POI) is the unique consensus mechanism of NEM. It takes into account the XEM balance, time holding XEM, as well as transactions made within the network, to send rewards to those who help the NEM economy. POI also decides who is permitted to create new blocks.
The process of creating new blocks and receiving transaction fees as rewards in NEM is called Harvesting. While it bears much resemblance to mining, harvesting does not mint new XEM tokens.
How Many NEM (XEM) Tokens Are in Circulation?
XEM is the native token of the NEM blockchain network. The total supply of XEM is 9 billion and 100% is being circulated.
How to Buy NEM (XEM)
Consider investing in NEM (XEM)? It only takes 2 minutes to create an account on Bitget and start trading XEM.
Check out the available XEM trading pairs on Bitget!
Futures market
Spot market
NEM (XEM) Resources
Buy NEM in Micronesia with Bitget
How to safely store your NEM
- Sign up and transfer XEM to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your XEM.
How to withdraw NEM with Bitget's hassle-free withdrawal process
A subregion of Oceania and spanning a whopping 2000 small islands across the Pacific Ocean, Micronesia shares a close cultural history with the Philippines, Polynesia, and Melanesia. The archipelago is home to just over 116,000 inhabitants across its myriad of islands and generates a GDP of US$404 million generated mainly from subsistence agriculture and fishing. While the potential for tourism exists, its remote location definitely limits its development.
That said, when you’re in one of Micronesia’s many islands, there’s still a lot to offer. Everything from pristine beaches and clear waters to resort retreats are popular here, with historic and ancient ruins dotted all along the archipelago while seafarers can dive deep into its vibrant and lively waters.
The official currency of Micronesia is the US Dollar (USD), and with direct support from Bitget, you can purchase cryptos in just a matter of minutes, no matter where you are in the country, from Weno or Tofol to Colonia and Nema. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.
XEM to local currency
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