NEM’s cryptocurrency XEM exclusively lists on BitoEX’s exchange BitoPro


NEM (New Economy Model) is delighted to announce that NEM’s own cryptocurrency, XEM, has exclusively listed on BitoPro, a digital asset exchange owned by BitoEX. The listing expands NEM’s presence in the Taiwanese market and will enable NEM to continue expanding its high-quality blockchain ecosystem.

XEM’s listing on BitoPro will enable Taiwanese users to purchase XEM directly using the New Taiwanese Dollar, providing safer and more convenient trading through BitoPro. Looking ahead, NEM will continue to form partnerships with major companies across various fields to accelerate industrial modernization and system optimization through blockchain.

Titan Cheng, CEO of BitoEX, said that NEM is an important benchmark for the blockchain industry. He believes that the partnership between the two sides will be strong, providing users with safer and faster services, and making the entire blockchain ecosystem more complete.

NEM’s new cooperation with BitoPro in Taiwan builds on the foundation’s strong presence in 21 countries around the world. Drawing upon its strong global experience, NEM strives to help Taiwanese corporates and organizations become more efficient and development a greater understanding about blockchain. NEM’s blockchain is the first smart asset blockchain in the world, which is built for enterprise applications and helps corporates to develop all kinds of assets such as virtual currencies, supply chains, notaries and ownership records. Through a stable and continuously optimized technology, NEM Taiwan looks forward to forging and expanding its partnerships with corporates and organizations throughout Taiwan.

Flora Fang, Head of NEM Taiwan, said, “We hope that through NEM’s public blockchain technology, we will be able to use the power of the world’s best intellectual asset platform to develop mature industrial applications and build smart cities for Taiwan’s economy and blockchain industry. Our new partnership with BitoPro reflects NEM’s deepening ties with Taiwanese talents. Now it’s really convenient that Taiwanese users can buy XEM with NTD, we’re looking forward to building win-win situation with BitoPro”

Also, TTcode, a mechanism created by BitoEX that allows buyers and sellers to trade safely, officially launched on October 31. Titan Cheng said, “This service provides a better mechanism to ensure the security of transactions between users and creates a new era of virtual currency circulation. We expect that there will be more commercial applications using TTcode in the future.”