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Casinos for you
XEMNem
Overview
NEM (symbol: n/a, code: XEM) is a secure open-source cryptocurrency based on Java and JavaScript. We’re bringing you the information about online casinos accepting NEM as one of their deposit and withdrawal methods.
Nem Online Casinos
NEM is a cryptocurrency based on open-source peer-to-peer internet protocols. It is written in Java and JavaScript, and has an entirely original source code. It remains completely untraceable and keeps the user’s privacy, while allowing them to fund their online casino account. Players can easily search for and find a NEM online casino since there are numerous online gambling sites that accept this brand of cryptocurrency as a payment option. The number of NEM online casinos has been steadily growing on the internet.
As many are aware, blockchain technologies that power cryptocurrencies including NEM that we discuss here offer a greatly streamlined method of dealing with secure ledge transactions. The blockchain technology which powers NEM was carefully crafted and coded to offer greater scalability and speedy transactions. As mentioned on the official website, the digital currency’s private blockchain technology also delivers excellent transaction rates for all users of ledgers.
Furthermore, its powerful Supernode program and innovative consensus mechanics used ensure that its blockchain grows at all times without compromising the NEM’s stability and throughput. With these benefits all in place, there is no wonder why many digital currencies-friendly online casinos offer its clients the opportunity to game online using NEM.
Banking
NEM is one of the most preferred digital currencies, as players and online casinos appreciate it for its convenience and reliability. Players must find a NEM wallet to use it for online casino deposits or withdrawals. Once a player gets the necessary NEM wallet, they need to fund it, either by purchasing some NEM using an exchange or by having someone send a certain amount over to their wallet. Once the wallet is funded, players can easily deposit with a NEM online casino by transferring the desired amount to their NEM wallet address. Transactions are usually processed very quickly.
Speaking of using NEM for online casino gaming, the system uses multi-signature contracts like many other currencies of this kind. All of the multi-signature contracts are always universal, built into the NEM blockchain which unlocks loads of advantages. To use the service, players need to download and install their NEM Wallets which are accessible from the NEM official website.
Once done, players will need to get buy some XEM which can be purchased with fiat and digital currencies across many exchanges such as Bittrex, UPBit, HitBTC, and many others. The last step is to find a NEM-friendly online casino, deposit using NEM, and play.
FAQ
Is it legal to use NEM?Using NEM coins at online casinos is considered completely legal.What is special about NEM as an online casino cryptocurrency?NEM uses an integrated P2P messaging system that is fully secure and encrypted, with multi-signature accounts.What is the proof-of-stake?The proof-of-stake refers to the ownership and use of the currency in order to achieve your goal.Where can I purchase XEM with Bitcoin?XEM with Bitcoin can be purchased at LiteBit, Alfa Cashier, Exrates, Bittrex, SpectroCoin, ShapeShift, Okex, BCoin, Coinsuper, UPbit, and many other exchanges.Can I purchase XEM with fiat currencies?Yes, XEM can be purchase across exchange platforms with USD, CNY, CAD, EUR, and JPY.