Investors Rejoice as NEM Becomes Available on Bitpanda
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Investors Rejoice as NEM Becomes Available on Bitpanda

In a recent tweet, NEM (XEM) announced that it is now trading on the crypto exchange Bitpanda.

Bitpanda GmbH is a Fintech company which is based in Vienna, Austria. It specializes in selling and buying Bitcoin and the altcoins. Within no time, the crypto exchange has grown up to have 850,000 users on the platform and thus becoming the leading retail broker for cryptocurrencies in Europe.

As said by NEM on its Medium blog post regarding the inclusion of NEM as a tradable cryptocurrency at Bitpanda:

“Bitpanda.com is a fully automated platform: As soon as the payment is confirmed, the cryptocurrencies are automatically sent to the buyers. This technique allows them to provide their customers with the best and fastest service in the business.”

NEM had announced earlier this month that the Foundation would be extending outreach program to Penang, the Malaysian state—a program consisting of a trade mission aiming to explore Penang’s market with the help of the Internet Alliance, Malaysia.

The alliance is a Malaysian association supporting the internet service providers such as the data centers, web designers, and solution providers, representing their interests to the authorities.

Earlier this month, we had another news about NEM rolling out Australia’s first digital currency town. The project was headed by Gordon Christian, the Queensland Regional Head of NEM. In an interview, he said:

“Anyone that wants to spend their cryptocurrency, can come to Agnes Water in 1770 and have a full travel experience just by using digital currency.”

He then went ahead to say:

“When we introduced the idea of this mode of payment and how it as going to bring more tourism to our area, the local stakeholders and retailers felt that it was a great idea from the start.”

Additionally, he said:

“So within a short period we had about 10 people and the next thing we knew, there were around 20 people. It didn’t take much longer for people to get on board with the idea.”

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.