Casinos Accepting NEM Coin (and Possible Bonuses)
NEM Coin is one of the many crypto-currencies contributing to the diversity of the digital cash trends. NEM is an abbreviation that stands for New Economy Movement, and it was launched in spring of 2015, although the test version dates back to 2014.
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In our database, 1xCorp N.V. network is currently the flagman casino owner to support NEM-based wagering.
It has three popular brands - 1xBet, 1xBit, and 1xSlots. All three are licensed and regulated by the jurisdiction of Curacao, and support financial transactions in an assortment of digital and regular cash. The list includes BTC, NEM, US dollars, Euros, and many other currencies.
In addition to convenient banking, all three locations cater to international traffic with an assortment of over 1,500 games each (these come from more than forty major and niche content creators). What is more, registered members of 1xBet can also wager in Sportsbook and poker rooms, as well as on exchange betting.
Among content suppliers, the lobbies support such manufacturers as Wazdan, Endorphina, Belatra, iSoftBet, Next Generation Gaming, Play’n GO, Euro Games Technology, and many others. Selection of content covers video, classic and progressive slots, table games, video poker and arcades among other content. Live dealer is included, too.
Both registered regulars and newbies are exposed to an assortment of promotions, including cash match on the initial deposit, loyalty programs and ongoing propositions. Withdrawals are fast, and the risk of non-payment is low.
So, what’s NEM’s main difference from other digital currencies?
NEM is, as many other cryptocurrencies, a blockchain-based process. It heavily relies on the proof-of-importance (POI) algorithm. Factors that contribute to POI, are:
Balance of the NEM coin wallet.
Account’s activity online and the quantity of transactions.
Time that the account accumulated online.
In addition to these factors, NEM also introduces the Eigentrust++ algorithm, which evaluates reputation. As a user, you can count on multi-account connections, as well as encrypted messaging.
Users already relying on NEM are also waiting for the unique Catapult innovation - a massive program update that would allow the synchronization of public and private blockchains of the currency.
Tip: Public blockchains are used for free XEM flow on stock exchange, whereas pirate ones are used by the companies, including banks.
So, all the fancy crypto-talk aside, what are the benefits of NEM for online gambling?
Well, its two-level platform allows for extra security of transactions. Unlike Bitcoin chains, NEM allows for a faster transfer of cash. Fee applies to money that is sent, and it is low - only 0.1%.
NEM coin price may vary, as this is a volatile currency. You can buy coins and get started with other transactions via the official resource
NEM
EWallet
2015
5
3
NEM
https://nem.io/
Ukraine, United States, Russia, United Kingdom, Costa Rica, Gibraltar, Afghanistan Show All
0
Yes, it is a decentralized peer-to-peer blockchain accepted by more and more online vendors (including casinos) and recognized as a completely legal means of payment.
It has a range of benefits, including faster withdrawals, convenient e-wallet, smaller volatility and a more modern software with impressive updates to the demands of the industry.
In order to get started, you will need to register an e-wallet, buy NEM coins (either via exchange or with someone sending you a certain amount of coins), and select vendors that accept NEM.
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