NEM price AUD (XEM)

NEM price chart

The below NEM price chart tracks the price of NEM against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$516.5M

Volume 24hr

$6.8M

Supply

9.0B XEM

Max supply

9.0B XEM

What is NEM?

✓ Zero Inflation ✓ Built from the ground up ✓ Smart Asset System

‘New Economy Movement’ or NEM is a Blockchain engine that enables businesses to easily adopt blockchain technology. It's a developer-friendly platform that focuses on fast and secure development by offering a set of built-in features that do not require complex smart contracts or a specific programming language. NEM makes it easier for developers to create dApps and manage digital assets.

XEM is the native cryptocurrency of NEM. It uses a Proof of Importance (POI) consensus mechanism that assigns an importance score to each node, and the more invested a node is in the network, the more it can process transactions and earn XEM.

How do I buy NEM?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of NEM that you would like to buy.
  3. Confirm your purchase and NEM will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

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Common questions about New Economy Movement (NEM)

Learn everything you need to know to buy NEM in the Australian market.

What is the NEM?

The NEM network is a decentralised, peer-to-peer cryptocurrency and blockchain platform that launched in March 2015 in Singapore. NEM is not a fork of another coin but was built from the ground up with the aim of creating an enterprise grade blockchain solution that can seamlessly integrate with existing business systems. XEM is the token for the cryptocurrency NEM (New Economic Movement).

Where can I buy XEM coins?

You can buy Nem (XEM) on a crypto exchange like Cointree. All you need to do is sign up, verify your account, deposit AUD with a bank transfer, and you're ready to start trading. You can trade XEM straight from your free multi-coin crypto wallet. Importantly, it's just as easy to sell Nem and withdraw AUD to your Australian bank account.

Why trade with Cointree?

Cointree is trusted by tens of thousands of Australian investors. Founded in 2013, we've helped Australians buy Nem (XEM) and other cryptocurrencies at the best current price and with low fees. While we can't provide financial advice, we provide an extensive learning hub to provide more information about the crypto market and help you improve your decision making when trading.

Why is Cointree the best place to buy NEM in Australia?

Easy and convenient

Deposit Australian dollars using a convenient method such as PayId/OSKO. You can then use the Australian dollar to make your first trade on our exchange.

Fast and transparent

Buy NEM instantly and with low trading fees. You can buy Nem and other cryptocurrencies in just a few clicks.

Safe and secure

Buy NEM with confidence, knowing that you're using an AUSTRAC regulated Australian exchange that goes above and beyond industry security standards.

Made for you

An intuitive platform built for our members, you can access hundreds of digital currencies, including bitcoin, Ethereum, Dogecoin, and more.

What can you do with your NEM?

Hold NEM

Many members buy and hold their NEM as a long-term investment, anticipating growth within the network and in the crypto space more broadly.

Trade NEM

You can instantly trade any portion of your NEM for any other digital currency within just a few clicks. With our low fees, you get more crypto for every dollar invested.

Send NEM

When you buy NEM in Australia with [Cointree](https://www.cointree.com/), you can send your NEM to any other NEM wallet on the network. It's as easy as using a debit card.

Spend NEM

More and more businesses accept cryptocurrency as payment everyday, making it easier to spend Nem in real stores.

Learn About NEM

Visit our [learning hub](https://www.cointree.com/learn/) to learn more about the crypto space, including [cryptocurrencies](https://www.cointree.com/trade/cryptocurrencies/), [crypto taxes](https://www.cointree.com/learn/pay-tax-cryptocurrency-australia/), and [on-chain analysis](https://www.cointree.com/learn/on-chain-analysis/).

Pay Bills With NEM

You can [pay your Australian BPAY bills with crypto](https://www.cointree.com/trade/pay-bills-with-cryptocurrency/). It's as easy as paying from your bank account and lets you live a more crypto focused lifestyle.

Buy NEM in just a few minutes

Start with as little as AUD $25 and deposit instantly with your bank account.