NOWPayments is happy to announce partnership with NEM. Now XEM is a new payout option, available for safe and prompt financial operations all over the world.

XEM is the native currency of NEM (New Economy Movement). This token is widely used for transactions and has a real value as the currency of a functioning economy. 

What are its distinguishing features? Firstly, NEM has a special algorithm called the “Proof of Importance” that creates a decentralized node network. Then, the amount of coins is fixed, so no inflation can occur. Besides, it features High TPS and doesn’t take much electricity to be generated.

NEM, the blockchain platform written in Java, was created as an efficient response to the quickly-developing global economy in 2014 by a BitcoinTalk user “utopianfuture”, aimed to create a flexible payment system. The community was built from scratch and got really big due to the people-oriented approach.

As a customizable and flexible service, NOWpayments perfectly fits XEM. You can use it to receive and to make payments in XEM just in a few seconds, worldwide and on advantageous terms. You can also exchange tokens via our service in a fast and secure way. 

By the way, we has recently launched Invoices. Check it out here. For more updates, read our blog and be sure to follow us on Twitter and Facebook.