GoodCrypto

Good Crypto partners with NEM, providing better portfolio tracking and trading for the NEM community

Good Crypto
Good Crypto partners with NEM, providing better portfolio tracking and trading for the NEM community

Good Crypto partners with NEM, providing better portfolio tracking and trading for the NEM community

We’re constantly striving to move forward, creating a professional trading platform that takes you and your investments to new heights.

XEM traders and investors can now enjoy advanced portfolio tracking and use professional trading tools all in one place. The Good Crypto app is the most impressive portfolio management and trading application on the market, providing you with all the tools you need to have an overview of all your wallets and exchange accounts and increase your trading profits. 

Price alerts, a portfolio overview with all your wallets and exchange accounts, including NEM, programmable trades that don’t freeze your balance, a market overview, new listing alerts, live order books, and a lot more.

What is NEM?

NEM is a blockchain that was launched on March 31st, 2015. Two years later, XEM has reached the 7th rank amongst cryptocurrencies with a market capitalization of approximately $9 billion. At the time of writing, XEM is ranked 21th with a market cap of $1.9 billion.

NEM is a blockchain that stands for a transparent and honest economy. It’s programmed in Javascript and created with the focus on being a foundation to build on top of. Developers enjoy NEM because it’s very API driven and stable.

The community that surrounds NEM is incredible. It reaches every continent and is very active. You can get in touch with thousands of members through their community page.

Use cases

NEM is a blockchain that has many different use cases. Anything that needs value representation can make use of the network. This includes financial payments, supply chain management, KYC and authentications, automatic accounting, storing records, encrypted messaging, and so forth.

You can find the NEM whitepaper here.

In February 2021, NEM will launch Symbol, a brand new cryptocurrency project which is aimed at businesses. 

What is Symbol and how is it related to NEM?

The idea of Symbol was born in 2016 and has been originally called Catapult. As the second iteration of NEM, the purpose of Symbol is to connect both businesses and individuals. Interoperability stands central, connecting Bitcoin, Ethereum, or any other blockchain, even private ones.

Compared to NEM, Symbol has increased safety. Symbol enables any programming language to be integrated. It enables cross-chain swaps. And finally, the API connectivity is made even better, which enables programmers to plug and play any system into the Symbol blockchain.

Symbol promotes itself as being

XYM is the currency that represents Symbol.

You can find the Symbol whitepaper here.

XEM + XYM Airdrop

To seed the Symbol network and promote the XYM currency, NEM has announced an airdrop.

If you buy XEM or hold XEM and opt-in to the snapshot, you will receive the same amount of XYM as your XEM wallet. Find all the details on their website.

The snapshot of the airdrop will happen simultaneously with the launch of the Symbol blockchain, somewhere in February. An exact date has not yet been announced.

Good Crypto and NEM partnership

By announcing our partnership with NEM we now have integrated  NEM wallets tracking (Symbol wallets tracking will be added soon) in our application for more efficient and convenient portfolio tracking and management by the NEM community members and token holders.

Besides, given that Good Crypto is integrated with 30 leading crypto exchanges, users can trade XEM utilising the advanced trading tools provided by GoodCrypto on any exchange they are used to. This means users can sell and buy NEM cryptocurrency, set price alerts, and track the performance of their investments. Good Crypto keeps adding more features over time, with a focus on usability and security.