This means a couple of things:
NEM as a coin will probably go up in value for a little bit, after the initial “listing depression” and then get a major boost. Take a look at Coinmarketcap for some history (also see below). Previously, NEM was already available on Gunbot-available exchanges Bittrex, Poloniex, and Cryptopia, as well as several other exchanges, plus in several currencies. Having Binance added makes this one of the most liquid coins around.
- After the depression, and after the “boost”, when a coin gets a new listing, there tends to be a lot of volume, liquidity, and depending on how many other exchanges the coin is listed, the news about the coin, drama in the news, external factors, etc… there comes volatility. Gunbot thrives on Volatility.
- If you already own Gunbot, but don’t have a license for Binance exchange, consider adding this exchange to your Gunbot licenses. GBU is an authorized seller of Gunbot, so you can upgrade to the ALL Exchange license. By purchasing your license from Gunbot University, you automatically get a subscription to our Associates program, where you get tips, tricks, settings and assistance with Gunbot.
- If you don’t own Gunbot, you probably should consider botting as a way to drastically improve your profits in crypto. GBU is an authorized seller, so what are you waiting for? Visit us at https://gunbotuniversity.com/shop . One of the bests deals around is the Master Gunbot Pack – you get Gunbot, all Exchanges, Plus GBU hosts your VPS (cloud server) for you for two months, sets everything up, installs everything, and then performs 2hrs of training and white glove handing over of the bot to you, with everything working. Not only that, but you get two months of Master membership at GBU. Master membership can continue for around $250/month after the first two months, and includes VPS for up to six exchanges and at least 2 hours of dedicated one on one training and elite access to our GBU facilities.
- GBU takes more than just Bitcoin for payment — avoid the high fees by using Litecoin, Bitcoin Cash, or DASH when you check out. We even take Paypal (manually) if you want to pay that way. We just need to add a little extra for processing, and it’s not on the website (yet), so if you want to use Paypal, add your products to the cart, add a note about paypal in the note section, check out but don’t pay with crypto. You’ll receive a paypal invoice for the appropriate amount.
NEM, the 116th coin listed on Binance, currently has a minimum order requirement of 0.001 BTC according to their Official Trading Rules.
Here’s what the market had to say:
This listing gave a 25% boost in a short time, but in crypto, coins can have a 25% boost any day.
However, when looking at a larger outlook, and zooming out a little further, the Binance Listing barely shows up as a minor spec on the three-month scale. It has been a largely downturn market for a while.
More about NEM: (source: Binance)
NEM is the world’s first Smart Asset blockchain. Built from the ground up for enterprise-grade performance, NEM’s blockchain technology delivers a world class platform for management of almost any kind of asset: currencies, supply chains, notarizations, ownership records and more. NEM’S power is exposed through a straightforward and secure developer interface so that you can deploy your blockchain solution in record time. Whether you are building the next best mobile app or bringing blockchain into your existing business infrastructure, NEM makes blockchain work for you.
NEM’s Smart Asset system allows anyone to completely customize how they use the NEM blockchain, with a robust set of features including domain-like namespaces and full on-blockchain Multi-signature control. Any application can access these features through NEM’s simple API allowing easy integration within mobile apps, existing business infrastructure or contract logic. The NEM public blockchain provides an open and self-scaling platform for developers.