Newton makes it fast and easy to buy, sell and hold 70+ cryptocurrencies in Canada.
Nem "New Economy Movement" (XEM) is a blockchain protocol that forked from NXT, and uses its own token called XEM. A NEM user can only store the token in NEM's proprietary Nano wallet, and needs a minimum of 10,000 XEM staked to "harvest" new blocks and receive rewards. This block harvesting employs what is referred to by the network as a "Proof-of-Importance" (POI) validation method, which proportionally scales a user's ability to harvest new blocks in terms of XEM staked.
Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.
*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*Â Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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