The Currency Analytics

NEM Cryptocurrency Symbol Opt-in launch date XEM Holders at Snapshot to get XYM Tokens

By Steven Anderson

NEM Cryptocurrency Reimagine 2020 v2.0 Workshop Series

NEM recently expressed that the Symbol Opt-in launch date is announced.  The opt-in opening date for Symbol is September 15, 2020.

The Opt-in date was on September 07, 2020; however, an additional 8 days have been allotted for testing in order to improve the UI/UX.

For those who do not understand opt-in, it is the method by which the existing XEM holders will be able to claim their XYM tokens at the point of Snapshot, which will take place…

To place the claim on XYM users should understand and accept the terms and conditions which is available on the website.  This is a part of the process of Opt-in.

Of note, the Opt-in web pages and terms and conditions will also be going live on September 15, 2020.

At the point of snapshot, for those who do not opt in the XEM balance that is there, will be allocated with an equivalent amount of XYM in to the user’s wallet.

Starting, September 15, 2020 users will be able to Opt-in using the NEM desktop wallet and the NEM mobile wallet for Android versions only.

Sydney Ifergan, the crypto expert, tweeted:  “It is Snapshot and NEM Opt-in time.  They state Binance have not yet announced support.

The best option for now is to store the funds in the NEM desktop wallet.

In the Reimagine 2020 v2.0 Workshop series, Laura Angel, Business Development LATAM at @NEMofficial have provided a general overview regarding the use cases about the two…

The iOS is expected to be available on the Apple Store at a later date due to the centralized approval process.

Read Full Article