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How to buy Numeraire (NMR)

Learn how to buy Numeraire (NMR) on 9+ crypto exchanges in our step-by-step guide.

Numeraire
NMR- USD
$14.77
+ $0.32 ( + 2.22%)
PLACEHOLDER-VENTURES-PORTFOLIO

You can buy Numeraire (NMR) on a cryptocurrency exchange like KuCoin. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. According to CoinSwitch, Numerai is an Ethereum-based platform that allows data aggregators and researchers to devise novel machine learning tools and prediction models with ease. Here's how to buy Numeraire.

How to buy Numeraire in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Numeraire is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency, PayPal, wire transfer and credit or debit card payments are widely accepted.
  4. Buy Numeraire
    You can now exchange your funds for Numeraire. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Numeraire to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Numeraire

Find an exchange to buy, sell and trade NMR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 5 of 7
Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

659
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR

287
cryptocurrencies

Buy 260+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Paybis Cryptocurrency Exchange
Bank transfer, Debit card, Neteller, Credit or Debit Card
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

404
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
Coinmama Cryptocurrency Marketplace
Credit card, Fedwire, SEPA, Google Pay, SWIFT, Bank card
USD, EUR, AUD, CAD, GBP, JPY

15
cryptocurrencies

Founded in 2013, CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

133
cryptocurrencies

Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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Compare up to 4 providers

How do I find the best places to buy Numeraire?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Numeraire?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Numeraire.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing NMR with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy Numeraire with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy NMR with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy NMR on the following exchanges:

Platform
Bank deposit
Card deposit
Crypto deposit
Buy NMR
Go to KuCoin Cryptocurrency Exchange
Go to Crypto.com App
Go to Paybis Cryptocurrency Exchange
  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase NMR by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for NMR on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Numeraire?

The easiest way to buy NMR is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying NMR, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Numeraire has been performing recently.

Best Numeraire wallets to store your NMR

You can keep your NMR on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Numeraire a good investment?

If you’re thinking of buying any NMR, some of the factors you may want to consider first include:
  • Competition-centered design: According to CoinMarketCap, Numerai hosts a competition on a weekly basis wherein participants — i.e. data analysts — are required to make use of the data provided to them in order to come up with a financial model that is then tested in real-world markets for a period of three weeks. After this time period, the scientists responsible for creating the top 100 performing models are provided with incentives (in the form of BTC).
  • Unique operational set-up: As a hedge-fund operation, Numerai is designed to help incentivize data analysts to come up with novel financial models using encrypted info that is automatically provided to them.
  • The platform utilizes a unique mix of data science, machine learning, artificial intelligence and cryptography to achieve its goals (all while providing users with a high level of data security).
  • Established team of backers: Numerai is the brainchild of Richard Craib, a graduate of Cornell University. He is well known for his various innovative approaches to hedge-fund management. In fact, as a result of his technical acumen, he was named to the Forbes' "30 under 30" list. Additionally, the company also has on its board the co-founder of Coinbase Fred Ehrsam as well as the founder of Polychain Capital Olaf Carlson-Wee and Kaggie board member Ash Fontana.
  • Incentive-based operations: One of the core value propositions of the NMR token is that it is doled out to researchers whose models deliver decent results in the above-stated Numerai tournaments. What this basically suggests is that as more and more people continue to enter these tournaments, the token’s intrinsic value will increase.

Additional information about Numeraire can be found using our NMR analysis tools.

Today's Numeraire price versus ATH

Compare today's price of Numeraire ($14.93 USD) against its all-time-high price of $93.15 USD on 16 May 2021. The closer the bar is to 100%, the closer NMR is to reaching its ATH again.

Numeraire's price: $14.93
ATH date: May 16, 2021
16.03%

Numeraire ATH: $93.15


How to trade, convert or sell Numeraire

You can convert or sell your NMR with the same exchange you bought it through:
  1. Sign in to the exchange you have NMR on.
  2. If you store your Numeraire in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of NMR you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Numeraire.
  6. Complete your transaction and move your NMR to a wallet for storage.

Disclaimer: Cryptocurrencies, including Numeraire, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NMR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Numeraire or any other cryptocurrency discussed.

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