BitFex.trade is Now Being Traded on NEM [XEM]

NEM (XEM) is now available on BitFex.trade, a new exchange that charges 2 XEM for withdrawals and 0 XEM for deposits. The exchange accepts a variety of fiat deposit methods, providing increased liquidity and exposure to the NEM cryptocurrency.

Deposit NEM for Free on BitFex.trade

NEM is working hard to expand its visibility as well as create and enhance its community. NEM received support from the BitFex.trade exchange only a few hours ago. The exchange also tweeted about the addition and offered the specifics; the statement translates roughly as follows:

Trades in #NEM (#XEM) have begun on the #BitFex.trade market. #BTC and #ETH trades in tandem. Deposit fees are 0%, and withdrawal fees are 2 XEM.

In its infancy, BitFex is an exchange that focuses mostly on Russian users. The exchange charges reduced fees because it is a new player in the market. Regardless of the reason, it’s a win-win situation for traders. For investors, the wide range of deposit alternatives, including credit cards, AdvCash, and Yandex, makes it a particularly attractive option.

BitFex has a minimal deposit fee

BitFex has a minimal deposit fee, although it has already stated that NEM will do nothing for them in a Twitter post. Pullout freights, on the other hand, cost twice as much as NEM. The platform features a discussion box, which is both intriguing and unusual. A representative is always available to answer questions from investors, so they get updates from the exchange faster.

Rosters work in favor of cryptocurrencies that might not reflect in their prices but add liquidity to the coin and expose the crypto to important wider followership. NEM dedicates to erecting its global community through a series of meetups.

Its upcoming conferences are Singapore peak and Venezuela meetups, while developed it has several NEM meetups as well. OEM’s price was $0.192 at the time of writing, down 3.57 percent. It currently ranks 16th in the world, with a request ceiling of more than 20,000. According to Coin market cap, it is currently ranked 16th and has a request cap of over one billion dollars.