Buy Numeraire

Buy Numeraire safely and easily at one of Europe's leading exchanges.

  • Low trading fees: 0.25%
  • Buy Numeraire with 8 payment methods
  • Numeraire wallet included
Buy Numeraire Now
0.00000000 NMR

Intuitive Mobile App

Download our mobile app to buy cryptocurrency instantly from your phone. Manage your digital assets from your phone anytime, anywhere.

Legal Compliance

Bitvavo is registered with De Nederlandsche Bank (DNB), the Dutch Chamber of Commerce, and complies with all relevant legislation.

Staking Rewards

Bitvavo enables you to earn a return on your digital assets. Our staking service offers a yield of up to 8% on staked assets.

Frequently Asked Questions

Bitvavo makes Numeraire as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.

What is Numeraire?

Numeraire is an ERC20 Ethereum token. All issued Numeraire are sent to Numerai, the hedge fund behind NMR. By performing well in Numerai’s machine learning competition to predict stock market performance, data scientists will earn Numeraire on an ongoing basis. When data scientists are confident of the predictions they have made, they send Numeraire to the Numeraire Ethereum smart contract. Those data scientists whose predictions performed well earn dollars based on the auction mechanism, and their Numeraire are returned. Those data scientists whose predictions did not perform well on new data risk having their Numeraire destroyed.

How to buy Numeraire?

Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.

1. Sign Up

Create a free account with which you can buy, sell, send, receive and store Numeraire. Access your Bitvavo account from every location, on mobile and desktop.

2. Transfer Funds

Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.

3. Buy and Trade

Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.

How to store Numeraire?

Storing Numeraire and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Numeraire without any technical knowledge. Here is a brief overview of the existing wallet options to store your Numeraire:

Hosted Wallet

Hosted wallets are wallets where the private keys to your Numeraire are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Numeraire online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.

Software wallet

A software wallet is a program installed on your computer or other device in order to use and manage your Numeraire. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Numeraire, and if malicious parties have access to your device, your private keys (and therefore your Numeraire) can be stolen.

Hardware wallet

A hardware wallet is a physical device on which you can store your Numeraire offline. It is one of the safest ways to store your Numeraire, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Numeraire is stored.

You can use Bitvavo's hosted wallet to easily store, send and receive Numeraire. Once you have purchased Numeraire on Bitvavo, you can choose to send your Numeraire from your Bitvavo wallet to your own software or hardware wallet.

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