NEM (XEM), the 16th largest cryptocurrency in the market according to market cap has been added couple of days ago on Denarii Cash Wallet. Recently NEM Middle East official twitter handle (@nem_middleeast) tweeted the news about XEM being added on denarii.cash wallet. XEM is the third coin that was added on Denarii.Cash wallet right after bitcoin and ethereum. Denarii.Cash is a multi cryptocurrency wallet available on both IOS and Android that allows users to staked, hold, buy, pay bills, accept payment and get rewards for every transaction.
According to Jon Santillan co-founder of denarii.cash. Selecting XEM as our third coin in our wallet is a right decision. NEM presence in the middle east is remarkable because they do have an active and growing community based of NEM enthusiast. We are continuesly adding more coin to support and we are in the process to activate 5 more coins in the coming weeks and these includes Binance, Bitcoin Cash, Litecoin, Ripple and Stellar.
Denarii Cash utilizes blockchain technologies to expand the frontiers of traditional financing as it deconstructs the supply chain of cash by matching demand with supply by introducing “cashpoint” partner network which are often described as "human local ATM machines” for the local community. This cashpoint partner can be an individual or the businesses that dispense cash in return of cryptocurrency credit and token as a reward. Denarii Cash will focus in the middl east for the next 3 years for cash-in and cash-out then
Denarii’s Cash main objective is to focus on easing the financial inclusion problem by applying blockchain technology to build an equitable society where individuals and organisations prosper and flourish in an ecosystem of easy to access financial services.
With a company registered in the Philippines and United Arab Emirates, Denarii Cash is already achieving significant progress as a FinTech company and continuesly on-boarding cashpoint partners in both South East Asia and Middle East, this includes with the recent partnership with paylance.com and oklink.com
Paul Christian, NEM’s, Head of Business Development in the Middle East, stated that “We are happy and at the same time excited to see the addition of NEM token on Denarii.Cash wallet. This shows just how we are committed in expanding XEM’s reached in the region while we continuously facilitating mainstream adoption of blockchain technology internationally.
With Denarii Cash, users can now buy xem, btc and ethereum using their credit and debit card.