NEM blockchain native cryptocurrency XEM, as of as of late is now listed on bitFlyer, regarded as one of Japan’s biggest cryptocurrency exchanges. The listing will enable NEM’s vast Jap neighborhood to maintain the earnings of the liquidity of the bitFlyer platform.
XEM is the native cryptocurrency of NEM NIS1, the novel blockchain offering from NEM which launched in 2015. With the highly anticipated originate of Symbol from NEM, the following-know-how enterprise-grade blockchain solution, the Symbol chain might be presented in parallel with NEM NIS1 to present XEM holders company by the migration
By opting-in, XEM holders will salvage an XYM balance equal to their XEM balance at the time of the snapshot, a predetermined time when users’ XEM balance across the NEM blockchain might be recorded. Which means that, XEM holders might be ready to expend half within the originate of Symbol with a 1 XEM = 1 XYM allocation at snapshot later this year.
Iain Wilson, Chief Monetary Officer of NEM Crew and Managing Director of NEM Trading, commented, “Our Jap neighborhood has performed an instrumental function within the progress of the NEM ecosystem over the final 5 years. This listing will promote extra momentum and progress of the neighborhood, both in Japan and former. We’re overjoyed that bitFlyer, regarded as one of many most established and trusted exchanges in Japan, has determined to list XEM. This selection deepens their involvement in both NIS1 and Symbol, and brings elevated liquidity to our neighborhood.”