NEM [XEM] now gets enlisted on the trading chart of Bitpanda
NEM [XEM] has made a recent announcement that it has got enlisted for the purpose of trading on Bitpanda, a European crypto exchange. In the initial phase of August, Bitpanda has already made a declaration of enlisting this digital token in the near future On its official page of Twitter, NEM [XEM] reached out with this information to the crypto enthusiasts and investors on 23rd August.
— Bitpanda (@bitpanda) August 23, 2018
The announcement from the side of Bitpanda came on 14th August, wherein, the crypto exchange also utilised the social media platform, Twitter. It was for the first time that this declaration was made public and following it, the digital currency experienced a hike in its valuation that touched the $0.12 level with market capitalisation of $1 billion on 18th August.
Currently, the CoinMarketCap suggests that the price of the cryptocurrency is $0.09 with a market capitalisation of $886 million. The trading volume in the last 24 hours is marked at $6.45 million and seeing a positive change of 1.47%.
Bitpanda is a cryptocurrency exchange based in Europe that is engaged in the purchasing and selling of the top most digital tokens. Few of the tokens that are already listed on the the trading platform include Bitcoin [BTC], Ripple [XRP] and Ethereum [ETH]. The company has its presence in European nations like Austria and Vienna.
In the previous week, a prominent digital exchange platform located in Australia named Coinspot added NEM [XEM] on it. Very recently, on 21st August at The BlockConscious Summit held in Brisbane NEM Australia has released its hub of NEM blockchain. Being a distributed ledger technology, NEM operates as “permissioned private blockchain”.
Addressing the internal ledgers, the technology performs transaction rates at industry leading level. The innovative feature of the blockchain is that on the basis of Proof of Importance [PoI] consensus, the platform stands. A network theory is used by the algorithm for the allocation of a rating to the account of all the individuals.
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