Coinspot and NEM team up to support growth of cryptocurrency and blockchain in Australia

The NEM.io Foundation, creators of the peer-to-peer NEM blockchain platform and the XEM cryptocurrency, announced a collaboration with CoinSpot, one of Australia’s most popular digital currency exchange with over 100 cryptocurrencies on its platform, including XEM.

NEM.io Foundation is in 40 countries across 100 cities and has a strong presence in Australia and New Zealand through its team size of over 20 team members and partners. Its latest announcement was the launch of the NEM Blockchain Hubs, in Brisbane, Australia, and Westport, New Zealand respectively.

These Hubs act as a physical location to engage with the public through on-ground meetups and events.

Promotion

If you are a new user registering on Coinspot, use the referral email address NEM@Coinspot.com and you will be eligible to have AUD$10 of XEM cryptocurrency credited to your new account. This promotion is for a limited time and only available for the first 1,000 users.

Founded in 2013, Coinspot is intentional in keeping things simple for users to buy and sell cryptocurrency, accessible on multiple devices. The year 2018 saw CoinSpot lower its fees and also achieve compliance with Australia’s new anti-money laundering and counter-terrorism financing regulations. Coinspot recently introduced a live chat support function and is making conscious efforts to engage with customers effectively.

“We have listed the XEM cryptocurrency for some time and out of the hundred over digital currencies in our platform, it been one of the top favorites amongst users on Coinspot. Hence, we are looking forward to this collaboration opportunity to work with the NEM.io Foundation in promoting awareness towards cryptocurrency and blockchain.”

Paul Brearley, Business Development Director for Coinspot

“Working with Coinspot means that we are able to provide a convenient way for everyone, from everyday Australians to cryptocurrency investors and blockchain entrepreneurs to buy and sell XEM as we focus on blockchain technology adoption.”

Jason Lee, Expansion Director for Australia and New Zealand for NEM.io Foundation
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