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How to buy Numeraire (NMR) in the US

A beginner's guide to buying and selling NMR in the US.

Numeraire
NMR- USD
DEFI
$36.33
+$0.36 (+1.01%)

How to buy Numeraire

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Numeraire.

  1. Open an account on an exchange that supports NMR.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Numeraire.
  3. Buy Numeraire.
    Complete your Numeraire purchase and then find the best wallet to store NMR.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Numeraire?

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. It can also act as a hedge fund that relies on the data and predictions produced by its participants. Numeraire (NMR) is the native cryptocurrency of the platform. The currency has a total supply cap of 11,000,000 tokens and is used to secure the network using a proof-of-stake (PoS) consensus mechanism. It can also be staked by owners in return for rewards and other incentives.

Numeraire (NMR) is the 180th largest cryptocurrency in the world by market cap, valued at $222,030,870. The current price of Numeraire is $35.68, which is 0.870% higher than yesterday. Prices have ranged between $37.03 and $33.51 over the past 24 hours. All prices are listed in US dollars and accurate as of July 27, 2021 08:07 UTC.

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.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

267
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Coinbase Digital Currency Exchange
Bank transfer (ACH), Credit card, Debit card, PayPal, Bank transfer (SEPA)
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

63
cryptocurrencies

Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

125
cryptocurrencies

Get 0% fees on credit/debit card purchases for 30 days after signup.
Buy 80+ cryptocurrencies, earn up to 8% on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Revolut Cryptocurrency App
Revolut Cryptocurrency App
Bank transfer (ACH), Bank transfer (SEPA), SWIFT, Credit or Debit Card
USD, EUR, GBP, CAD, NZD, JPY, HKD, NOK, DKK & 9 more

20
cryptocurrencies

Buy and sell several popular cryptocurrencies through your Revolut account, set up recurring purchases and transfer it to other US users. You can’t transfer cryptocurrency to anyone who does not have an active Revolut account. Service not available in Tennessee.
Coinbase Pro
Bank transfer, Cryptocurrency, Debit card, PayPal, Wire transfer
USD, EUR, GBP

69
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
ShapeShift Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Banxa
-

50
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
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Compare up to 4 providers

Numeraire at a glance

Information last updated July 27, 2021 08:07 UTC.
Coin symbolNMR
Total NMR supply10,971,942
Circulating NMR6,282,246
Current priceUS$35.68
All time highUS$93.15
Notable team membersRichard Craib
IndustryMachine learning / stock market prediction
Token usesUtility token
NetworkEthereum

Numeraire price performance over time

Historical prices compared with the price of US$35.68.

1 hour 1.36%
24 hours 0.87%
7 days 24.04%
14 days 13.87%
30 days 32.15%
60 days -25.03%
200 days 26.53%
1 year 77.31%

How to sell Numeraire

You can cash out your NMR with the same exchange you bought it through:

  1. Sign in to the exchange you have NMR on.
    If you store your Numeraire in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of NMR you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Numeraire.

What to consider when buying Numeraire

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.
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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