What is the Neem digital currency and its price.. The nature of its work and how to invest it.

Between the past and the present, a variety of coins followed in human history, which were a means of payment, but what about the currencies of the current era? Is it still traditional paper or will we be facing a new form of financial dealings? Do not be surprised, intangible digital currencies have become a means of payment in many cultures, let's get acquainted in this article with the Nem currency, which is one of the types of digital currencies.

* What is the NEM digital currency?

The NEM cryptocurrency is one of the most popular cryptocurrencies that has proven very competitive and challenging in this market. It was launched in March 2015, and ranks seventh since its launch.

This token occupies its own POI Source Code unlike most other cryptocurrencies.

In short, it is an open source smart contract (peer-to-peer) trading platform that works with Java and JavaScript programming along with 100% source code.

* Nature of the Neem Cryptocurrency

The Neem Foundation of China is the owner of the Neem cryptocurrency, and it is a non-profit company that supports it in every way.

The encrypted Neem currency works through an unparalleled algorithm, called the Proof of Importance algorithm, to take advantage of free systems in addition to the distinct blockchain technology, and this algorithm supports consensus to certify transactions, and this algorithm does not need mining operations to create a currency neem;

The Neem e-currency also works on two protocols: (Infrastructure Server NMS) and symbolized by the symbol (NIS) or the (Community NMS protocol) and also symbolized by the symbol (NCC), and these two protocols are linked to the blockchain network, for the speed of verification and confirmation of transfers that are made very quickly.

* neem cryptocurrency price

The NEM cryptocurrency is one of the currencies that many expect for a bright future; This is because it offers a lot of great features and services, which prompts investors to accept it, which made its price rise to 0.70 US cents recently, after it has been oscillating for long periods between 0.20 and 0.69 US cents.

* Neem Cryptocurrency Limits

At the beginning of the launch of the cryptocurrency Neem, its volume in the markets was about 1.7 billion US dollars, and it increased until it reached 2.5 billion US dollars. At the present time, there are about 5.2 billion US dollars in the cryptocurrency markets, with expectations that its market value will rise much more.

Currently, there are about 8.9 billion pieces of NEM cryptocurrency in the market, which have been issued and are in the markets for trading, and this amount of NEM currency cannot be increased so far, which made its prices not exceed 1 US dollar.

* The most important features of the NEM cryptocurrency

The Neem currency, which is based on a unique system, as it works through advanced technology and does not depend on mathematical equations or blockchain technology only as most other encrypted digital currencies, thus providing many advantages in financial transactions, such as:

1- All transfers are in instant NEM currency.

2- The encrypted Neem currency can be used in all financial transactions from any country without charging any additional fees.

3- All Neem currency wallets are secured with the best encryption and protection techniques.

4- The average blocking time is only 1 minute, 10 times less than Bitcoin.

5- The Proof of Identity algorithm of the NEM cryptocurrency can be used to create new virtual assets that can be linked to real-world collectibles.

6- Neem services are less expensive and do not require additional fees for international transfers.

Also, the encrypted Neem currency has many benefits, and the best of these is the automatic synchronization of the P2P contract, as it provides many and varied services to many sectors other than the financial and banking sector, unlike other digital currencies. The NEM digital currency is available in limited quantities and cannot be increased, which pushes it to great heights in the coming period, all this in addition to the fact that the cost of its services is very low compared to other digital currencies, and it can be used in all international transfers, which gives it an international character.

* What are the facts that I should know before starting to deal with neem?

The value of the Neem coin against the US dollar so far is 0.1083

In 2018, the NEM coin recorded the highest value it reached since its launch, which is approximately $2.

The market capitalization of NEM is over $2 billion.

The NEM network allows you to create a private Paypal or Venmo and enjoy its benefits.

Those interested in cryptocurrency conditions expect a bright future for the NEM coin to occupy advanced positions soon. Feel free to trade it.