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What is e-Money coin (NGM) and how does it work?

by Financial Economy

e-Money is an electronic payment system and a store of value. Fast, seamless, global money: an upgrade for banking services that reflect our increasingly interconnected world. Information about some topics that what is e-Money coin (NGM), how does it work, how to buy it, on which exchange, how much is it, reviews about it, its future, etc. is in continuation of the article. You can browse here for information about  Gifto (GTO) coin.

What is e-Money coin (NGM) and how does it work?

Promoting their project as the next generation of money, the creators of e-Money believe that with the digitalization of financial services, cash will not be able to keep up with this innovation. For this reason, the e-Money project developed aims to solve the cash problem in the digitalized banking and finance sector. Promising easy access, speed and transparency to its users, e-Money is designed for instant transactions.

NGM is the staking token of e-Money. NGM holders qualify for NGM rewards by staking NGM tokens. NGM’s inflation is 10% per annum. According to the statement, once minted, fresh NGM is only distributed proportionally to the NGM staked, so the more tokens received, the bigger the reward.

e-Money purpose!

Wanting to provide ease of use in the digitalizing world, e-Money offers blockchain-based stablecoins for its users. A digitized version of fiat currencies can be found on the e-money network. For example, in the e-Money network, the euro is transferred as eEUR and the dollar as eUSD. In this way, the project aims to provide convenience in both daily use and international transfers.

Which exchange is NGM coin on?

e-Money coin is listed on some cryptocurrency exchanges such as KuCoin, AscendEX (BitMax), Sifchain, etc.

How to buy NGM coins?

e-Money coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

NGM coin supply!

Total supply of e-Money coin is 102.993.397 NGM.

NGM coin price!

As of May 10, 2022, at the time of the writing, 1 NGM coin price is around $1,34 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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