Before investing long-term in any cryptocurrency, it is best for you to make a portfolio with every cryptocurrency you are looking into and make a comparison and then decide. We will write about NEM since we find it really interesting but you should not take this as an investment advice.
So, the best way to describe NEM is as a cryptocurrency that is pretty efficient – which is certainly one of the most important things about it. Because it is not mined, there is no need for lots of energy to run it. There are some analysts and experts that believe that because of this NEM is even 100 times more efficient than Bitcoin.
Also, transactions fees are extremely low, maybe a few cents. Making transactions is also very fast, taking up to 4-5 seconds rather than Bitcoin taking up to 10 minutes maybe even more. This allows NEM to perform dozens of transactions per second. NEM has a very low if not no chance of inflation because all of the NEM coins were issued on day 1 and there will never be more. As for the others, you can find more information about them on the website below and make a comparison between each of them.
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