Online casinos — account currency: XEM
XEM is the cryptocurrency of the NEM blockchain platform, launched in 2015. In online casinos it is used to deposit and withdraw winnings without intermediaries. Found in 3 of 40 ranked casinos.
Casinos in our ranking: XEM
Found in 3 of 40 ranked casinos.
| Casino | Rating | Bonus | Min. deposit |
|---|---|---|---|
| Play fortuna | 9 | 175% + 200 FS | 5 USD |
| JOZZ | 8 | 100% up to €500 | 5 USD |
| Booi Casino | 9 | 225% + 100 FS | 5 USD |
What is XEM
XEM is the native token of the NEM (New Economy Movement) platform, a blockchain launched in 2015. Total supply is 9 billion coins, all issued at launch. XEM is used to pay for transactions within the network and as a medium of exchange.
In online casinos, XEM is accepted as an alternative to more widespread cryptocurrencies—for players who prefer this coin. It is traded on crypto exchanges, where it can be purchased or exchanged.
How deposits and withdrawals work through XEM
To deposit, you transfer XEM from your wallet or exchange to the casino's address. The transaction goes through the NEM blockchain, is confirmed by the network, and credited to your gaming account after processing by the operator. Withdrawal works in reverse: the casino sends XEM to your wallet after processing the request.
XEM is subject to exchange rate fluctuations—if the price drops between deposit and withdrawal, the fiat amount may change. Store coins in a non-custodial wallet to control private keys, and verify the address before each transfer.
Pros and cons
Pros
- Decentralization and control over your funds
- No need to disclose banking information
- Transactions are processed by the blockchain without banks' involvement
- Can be used in casinos where this method is available
Cons
- Availability depends on the specific casino's policy
- Exchange rate volatility—fiat balance changes
- You need your own wallet and understanding of how cryptocurrencies work
- An error in the address will result in loss of funds
Frequently asked questions
Where can I get XEM to play at a casino?
Buy XEM on a crypto exchange for fiat or swap from other cryptocurrencies. Then transfer the coins to your personal wallet or directly to the casino's address. Before buying, check XEM availability on your chosen exchange and withdrawal conditions in your region.
Can I withdraw XEM back to rubles or dollars?
Yes, through an exchange: withdraw XEM from the casino to the exchange wallet, sell for fiat, and withdraw to a card or bank account. Take into account exchange fees and the rate at the time of conversion.
Do I need to specify a memo or tag when transferring XEM?
It depends on the casino. If the cashier provides a memo or message ID, you must copy it into your wallet's field—without it, the casino will not be able to credit the deposit to your account.
21+. Gambling can be addictive.