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What is NEM?

Why should I use NEM when there is Bitcoin?

Bitcoin is purely a crypto currency, like many other digital coins. Some are application specific while some are purely currencies.

Apart from NEM being another crypto currency, NEM is a solution platform, there is more to offer as a platform.

As a crypto currency, it does not require a lot of computing power and energy to run a node.

NEM also advocates low entry barrier with Proof of Importance (POI) instead of the traditional ones that require a lot of stakes or computing power to mine. In NEM we call it harvesting. In addition, it also uses another solution, called Eigentrust ++ to validate and sieve out bad actors in the network.

As an evolving solution, NEM is setting the stage for better things to come.

How do I buy NEM?

1.
Enter the amount of NEM (or Australian Dollar equivalent) that you would like to buy.
2.
Select the payment method you would like to use.
3.
Click ‘Buy Now’ to confirm your NEM purchase and your NEM will arrive in your CoinSpot wallet within minutes.
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