What is NEM trading?

Could you elaborate on the concept of NEM trading? For those who are unfamiliar with the intricacies of the cryptocurrency market, what is the fundamental principle behind NEM trading? Is it similar to trading other cryptocurrencies, or does it have unique characteristics that set it apart? How do traders typically approach NEM trading, and what factors should they consider to ensure success in this realm? Clarifying these questions will provide valuable insight for individuals looking to enter or expand their portfolio within the world of NEM trading.