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NEM [XEM] Foundation NZ partners with BitPrime

Simran Alphonso



NEM [XEM] Foundation NZ partners with BitPrime

Today, NEM Foundation announced their partnership with BitPrime. Trusted by more than 9,000 NZ clients, BitPrime is a New Zealand commenced and developed digital currency exchanging platform with more than 50 cryptocurrencies in their ecosystem. It works as a safe and simple stage for trading cryptocurrencies.

NEM, today announced their association with BitPrime, they tweeted:

“Christchurch-based @bitprimeNZ will be working with NEM ANZ Team to provide a secure and compliant platform for New Zealand resident to buy and sell with ease, the NEM blockchain cyrptocurrency — $XEM. …”

The NEM Foundation is bolstered by a worldwide framework, gathered of a plenitude of inclusion in IT, venture, business shapes, trading, managing assets, and the NEM traders of the crypto-world. The business strategy of NEM is to give NEM’s blockchain a better update and enhance its features while it is controlled by the public, for the all-inclusive community. 

XEM is the trading coin of the NEM open blockchain. It is used to trade on its open blockchain wherein the ultimate objective is to help its arrangement of open centers that record trades for associations and customers. Foundation’s Development Director for Australia and New Zealand, Jason Lee stated:

“Firms like BitPrime are a key part to the blockchain and cryptocurrency ecosystem. This partnership will signify a big win for both parties because of the shared commitment to help ordinary members of the public and enterprises to understand and trade cryptocurrency”.

With this association declared, Foundation and BitPrime will hold a celebration in June 2018. In the coming few days they will also announce an XEM airdrop. More partnerships are on the way, NEM confirms.

On May 29th, a coordinated effort between NEM establishment, Tutellus, and Cryptonomos were reported. Tutellus, a decentralized stage that pays customers for examining and learning the study material began to use the NEM blockchain to adjust course helpers. It changed the way that understudies and educators taught and learned. It gave them a chance to discover new techniques of learning and teaching. 

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Simran Alphonso is a Journalist at Ambcrypto. She has a background in Financial Markets and holds expertise in Digital Marketing.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj



Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.

As reported by, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.

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