Buy Flights Using NEM
Book your flights today and pay with NEM (XEM)
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NEM is a distributed crypto platform, developed in March 2015 by a Singapore-based non-profit organization called NEM.io Foundation. It was the first cryptocurrency after Bitcoin to build its code from scratch. NEM was developed by forking out from NXT — which is another popular blockchain-based crypto currency and payment network platform. NEM.io developed its own codebase, from which the new NEM platform developed — completely different from the original NXT network.
NEM stands for ‘New Economy Movement’ and is a technology platform which is working towards developing a smarter and more technologically-advanced blockchain. NEM is striving to a sustainable economy, with financial freedom for all.
What is XEM?
XEM is the cryptocurrency associated with the NEM network. Although merchants are yet to widely accept XEM as a currency in the same way they are for bitcoins, XEM is rapidly growing in popularity and value. Currently, NEM only supports one wallet, the Nano wallet.
Buy Flights with Nem
Alternative Airlines is making it easier than ever to book your flights and pay using the cryptocurrency of your choice.
To begin, simply use the search form at the top of the page to begin searching for flights. You can choose from over 600 global airlines, including American Airlines, Delta Air Lines, Norwegian, British Airways, Emirates, and Qatar Airways, and Qantas. Then choose 'cryptocurrency' at checkout and select 'NEM' from the list.
Did you know? NEM is just one of the cryptocurrencies available through Alternative Airlines. Find out more about all our cryptocurrency options.
Benefits of Buying Flights with Nem (XEM)?
There are many reasons which make NEM unique, including its stability and versatile use. The platform calls itself the ‘Smart Asset blockchain’ — a nickname that refers to the platform’s desire to meet the market’s requirements. NEM seeks to be an efficient and low-cost way for individuals and developers to easily manage assets and data. By getting rid of coin mining, powerful systems and expensive hardware, the NEM platform simplifies cryptocurrency transactions and makes them much faster and more efficient.
Some of the key benefits of using cryptocurrencies such as XEM include:
- Fast transaction speeds
- Low transaction costs
- Ownership of your money
NEM for Flights FAQS
What is NEM and XEM?
In short, NEM is a crypto platform, and XEM is the cryptocurrency associated with it. NEM first developed when it forked out of NXT, before developing its own code from scratch. NEM was established by NEM.io foundation, a non-profit based in Singapore.
Can I mine XEM?
Unlike other cryptocurrencies, such as Bitcoin, XEM cannot be mined. It’s obtained through ‘harvesting’, a process designed by NEM. Every time a transaction is done on NEM platform, the first computer to see and verify it will notify other users, generating a block. Then, when someone who owns more than 10,000 ‘vested’ NEM generates a block, the transaction fees go to them.
What can NEM be used for?
NEM aims to be an easily customizable blockchain solution for all sorts of different use cases, but is particularly business-centred. Financial and accounting use cases include making financial payments, creating cryptocurrency, automatic accounting, loyalty reward points, and in keeping secure records, like encrypted messaging, anti-counterfeiting, and authentication.
How to buy XEM?
If you’re looking to buy XEM, there are over 25 exchanges that will allow you to do so, by exchanging other cryptocurrencies, such as Bitcoin and Ethereum, as well as fiat currencies like USD, and Chinese Yuan. Binance, Coinsuper and Bittrex are popular exchanges. Other exchanges, which support fiat currencies, include: Exrates, Litebit, BuyUcoin.