Buy Numeraire (NMR) in India at ₹825.14

Live NMR/INR Price

₹825.14

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₹825.14

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₹825.14

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Reasons to Buy Numerai (NMR)?

It allows users to earn NMR tokens in exchange for uploading the stock market predictions.

• It aims for everyone’s access to financial products.

• It is an ERC-20 token of Ethereum.

• It has a market capitalization of more than $4 billion.

• It has a maximum supply of 11 million Numeraire coins.

What is Numerai (NMR)?

Numerai was founded in 2015, and it claims to be the first hedge fund to launch a cryptocurrency.

It started with a vision to bring data science to a decentralized platform like blockchain, where people develop better machine learning models. It has better security levels that don’t compromise on the data and incentivize scientists for making financial models. The users can stake their cryptocurrency and earn rewards on the platform through the predictions made by scientists.

Things to consider before buying Numerai (NMR)

• It rewards scientists every week with Bitcoin if they win the model.

• NMR tokens are burnt on a regular basis that could possibly lead to inflation in prices.

• It is the first crypto that has been released by a hedge fund.

Highlight

Numeraire started with a vision to bring data science to a decentralized platform like blockchain, where people develop better machine learning models.

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Price Statistics

NMR Price Today

NMR Price

₹825.14

Price Change 24h

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0%

Price Change 7d

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15.48%

Market Rank

#335

Market Cap

₹634 Cr.

Trade Vol 24h

54 Cr

Circulating Supply

76,93,143 NMR

Trading Activity

82% Buy18% Sell

FAQ's

1. How Can I Buy Numeraire In India?

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CoinSwitch App is the simplest way to buy Numeraire in India. Sign up now and start investing with ₹100.

2. Can I Buy Numeraire Directly?

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To buy Numeraire directly, you can engage in a P2P (Peer to Peer) trade. Decentralized exchanges or DEX are an option that connects you with a seller or you can buy this crypto directly from someone you know. The catch here is the functionality of these decentralized exchanges that can make your process tiresome as well and it is difficult to find a trusted seller that can provide you the crypto. Therefore, this route is suited only for pro traders.

If you are new to cryptocurrency, you might want to take the simplified route and Download the CoinSwitch App!

3. How to Buy Numeraire Stock?

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You can buy Numeraire in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Numeraire.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Numeraire for, say ₹100, and click on the ‘Preview Buy button

• Check all your order details and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Numeraire!

4. What Price To Buy Numeraire (NMR)?

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There is no definite price to buy a crypto as most of them are still under the development stage, with updates being pushed frequently. This could possibly increase the price of Numeraire, and you would regret not buying it early.

Instead, you can invest small amounts periodically and balance the opportunity and risk. Start investing in Numeraire for as low as ₹100

5. What Time To Buy Numeraire?

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There is no clock ever made that shows the best time to invest in cryptos. If you are someone who looks for the prices to dip and then buys at the best prices, you are missing out on the prospective returns.

You can start with small amounts and use them over a period of time; however, you can always choose to invest a lump sum amount when Numeraire (NMR) is available at lower prices.

6. What Platform To Buy Numeraire (NMR)?

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Numeraire could be bought on a variety of platforms but what differs is the experience and process that can be a tiresome job. You can buy it with just a single click, just like you order a cab in seconds.

The crypto apps that are available in the market are complex to use and can make your buying experience horrible; however, CoinSwitch provides complete peace of mind by allowing you to buy cryptos with ease.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.