I just choose NEM as my next cryptocoin to invest some money/time. I was wondering if there is some place to buy it where the price is lower, or where I can get it directly from dollars/
Also, to start harvesting, do I need to have 10k already in my wallet?
Thanks, amazing community!
FIAT(so $ € ) <-> XEM is in the making. Some people of the community are setting up an exchange with fiat. Although I’ve heard initial testing has started it will probably still take a while to go live.
So you are probably looking to buy from one of the exchanges. You can have a look at this link http://coinmarketcap.com/currencies/nem/#markets to see where XEM is traded and for which price ( although it’s obvious the price may change in a split second).
About your question regarding harvesting:
You need 10k XEM in your vested balance. Each day 10% of your non-vested balance will be transferred to your vested balance. So if you would have 10k XEM in your wallet it will take forever till you have a vested balance of 10 k XEM. On the other hand , if you would have 20 k XEM it will take approximately one week before you have 10 k vested. While it will take you approximately 23 days if you only have 11 k XEM in your account. So if you are patient, I would advise you to buy a minimum of 11 k XEM but the more you’ll have in your account the faster you’ll be able to harvest.
What is the point with having something like “vested” XEM. It only causes confusion to newbees like me. Manuals state that I need 10000 XEM and when I get that I can not start delegated harvesting.
I buy XEM at Poloniex.