NEM is a popular cryptocurrency that offers a smart asset system. It also gives you the ability to play NEM slots.
Assuming you’re somebody who’s interested in cryptocurrency slots, then you should check out what NEM (XEM) has to offer.
What Is NEM?
New Economy Movement, better known as NEM, is a dual-layer blockchain that’s coded in Java. Launched in 2015, this blockchain features a smart asset system with a Proof of Importance (POI) algorithm.
The latter determines “importance” based on how many coins an NEM user has. The POI algorithm also uses the number of transactions in one’s wallet to measure their network hierarchy.
Aside from its cryptocurrency functions, NEM also boasts multi-signature accounts and encrypted P2P messaging for users.
How Do You Use XEM to Play Slots?
The basics of XEM might sound like Greek to cryptocurrency newbies. However, the process of playing NEM slots isn’t so difficult to understand.
You begin by purchasing NEM/XEM from an exchange. Coinbase, Binance, and many other exchanges offer this crypto.
Next, you visit the banking section of the relevant casino to obtain a deposit wallet address. You use this address to make your casino deposit.
Most NEM deposits take less than 1 minute to go through. That said, you won’t need to wait long before playing.
Are NEM Slots Worth Playing?
NEM slots give you the opportunity to enjoy online slots with little time wasted. As mentioned above, you need only wait 1 minute or less before funds go through.
Afterward, you’ll be able to play real-money slots. The only thing that you really need to worry about is finding an XEM casino.
Not every gaming site accepts anything beyond Bitcoin. Nevertheless, you can find a fair number of online casinos that do take NEM and let you play crpto slots.