NEM [XEM] announced its tie-up with ‘Living room of Satoshi’. This makes bill payments instant and easy in Australia for XEM users. NEM has lately been settling up meetups and launching news-groups in different countries, as the coin has been working on its promotional activities. Over the past few days, NEM has been involved in few tie-ups with exchange platforms and new collaborations.
On 10th July, NEM’s official account tweeted:
“Pay any #Australian bill and pay it with #NEM $XEM. Instantly. Thanks to @roomofsatoshi!”
Sanmeem, a Twitter user commented:
“Now this is a powerful statement #NEM $nem #fintech #payments #blockchain.”
Living Room of Satoshi [LRoS] allows its users to instantly pay bills, credit cards and operate bank accounts using cryptocurrencies. It is also considered to be one of the easiest ways to convert cryptocurrencies to AUD at fair rates while simultaneously earning some reward points.
The platform charges no fees of any kind. Living Room of Satoshi makes revenue from the spread of currencies instead of charging fees. A user’s cryptocurrencies are converted to AUD at current market rates, based on the average of large Australian cryptocurrency exchanges.
Along with NEM’s XEM, Living Room of Satoshi also accepts Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], Dash [DASH], Monero [XMR], Ethereum Classic [ETC], Bitcoin Cash [BCH] and more.
This integration of NEM and Living Room of Satoshi will make it easier for XEM users in Australia to make payments.
Recently on July 2nd, NEM released a new wallet called the Raccoon Wallet. It is ‘user-friendly’ and has a nice ‘user-interface’. The creators of the Raccoon wallet have focused on a digital wallet that can be used as a “tool” in day-to-day affairs.
Some of the popular NEM wallets are NEM NanoWallet and NEM MobileWallet. The wallets are compatible with Windows, Mac and Linux operating systems which permits the users to send XEM, mosaics and messages to any address.
Subscribe to AMBCrypto’s Newsletter
Bitcoin [BTC] Price Analysis: Coin reunites with the bull after escaping the bear trap
Bitcoin [BTC]: John McAfee predicts Bitcoin to breach the $1 million mark on 31 December, 2020
Bitcoin Cash [BCH] Price Analysis: Coin breaks resistance as bulls look to settle down
Bitcoin SV [BSV] Price Analysis: Coin ready for a bull run as markets move steadily
Litecoin [LTC] Price Analysis: Bulls set to take charge as coin recovers from earlier losses
Bitcoin [BTC] developer Jimmy Song lists 3 reasons why Bitcoin SV [BSV] is a “scam”
Bitcoin [BTC] among cryptocurrencies enabled by new debit card launched by Australian Crypto exchange
Bitcoin [BTC]: Mt Gox redemption plan demonstrates the power of open source network, says Brock Pierce
Nouriel Roubini says JP Morgan’s cryptocurrency JPM Coin is a joke; compares it to XRP
A New Generation of Crypto-Exchange: ALL IN ONE Crypto-Exchange
Ethereum [ETH] dApp users drop as EOS and Tron dominate the market
Bitcoin [BTC] Futures by the Chicago Mercantile Exchange Group reaches an all-time high in Q1 of 2019
- Bitcoin Cash
Bitcoin Cash [BCH] support rolled out by Coinbase custodial wallet app
EOS and Litecoin [LTC] lead the charge as the cryptocurrency market continues to rise