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NEM [XEM] Foundation NZ partners with BitPrime

Simran Alphonso

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NEM [XEM] Foundation NZ partners with BitPrime
Source: Ellsworth.af

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. http://bit.ly/NEM-NZ-BitPrime-Partnership …”

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. 

NEM.io 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, NEM.io 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.

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