Category: NEM (XEM)

NEM creates a new partnership with Transak to facilitate easier FIAT on and off-ramp for XEM

NEM creates a new partnership with Transak to facilitate easier FIAT on and off-ramp for XEM

To further strengthen the ecosystem and to make it easier for the community to buy and sell their XEM, NEM has formed a strategic partnership with Transak, the FIAT to cryptocurrency on/off ramp platform.  

Transak is a non-custodial SDK for fiat to cryptocurrency on/off ramps, which allows users to buy or sell their tokens directly to their wallet without leaving the application. With Transak now integrated with NEM, it is now possible to buy XEM via bank transfer or debit card.

Transak also aggregates multiple payment gateway partners from around the world, providing even greater access to XEM across the whole ecosystem.  

Iain Wilson, Head of Trading at NEM, said ‘The integration of NEM with Transak represents another significant step in building access to XEM across our widespread community and provides another simple and easy opportunity for buying and selling XEM.  The partnership further strengthens our network and ecosystem as we build up our partnership network to provide more access, strength and growth’

For more information or to sign up to Transak, please visit their website here.


About NEM Group

NEM Group supports the development of Symbol from NEM, a trusted and secure enterprise blockchain that smooths business friction, increasing the flow of data and innovation to supercharge the creation, exchange and protection of assets.

NEM Group comprises three separate entities: NEM Software, NEM Trading, and NEM Ventures. NEM Group shapes the future of blockchain by nurturing a strong and healthy ecosystem that will contribute to the development of blockchain technology for generations to come.

Learn more at NEM.io.

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This article was originally published on: The NEM Blog on