Numeraire price AUD (NMR)

Numeraire price chart

The below Numeraire price chart tracks the price of Numeraire against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$130.0M

Volume 24hr

$45.9M

Supply

5.9M NMR

Max supply

11.0M NMR

What is Numeraire?

✓Financial modelling ✓Artificial intelligence algorithms ✓Secure data

Brought to you by the hedge fund company Numerai, Numeraire reigns the title as the World’s First Cryptocurrency issued by a hedge fund.

The project revolves around rewarding users to create/produce predictive financial models through the use of machine learning and artificial intelligence to apply to real world financial markets. Numerai allows users/scientists to access their encrypted data to utilise in their modelling process, ensuring that data security is paramount.

How do I buy Numeraire?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Numeraire that you would like to buy.
  3. Confirm your purchase and Numeraire will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

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Common Numeraire questions

Who created Numeraire?

Numerai, the company that created Numeraire, was founded in San Francisco, California in 2015 by Richard Craib and was financed through four separate funding rounds spanning from April 2016 through June 2020, raising a total of $21.5 million.

Where can I buy Numeraire in Australia?

The best place to buy and trade Numeraire at its current price in Australia is on a cryptocurrency exchange like [Cointree](https://www.cointree.com/). With our secure trading platform, we make it easy to buy and sell NMR in Australian dollars. All you need to do is sign up to our exchange, go through the ID verification steps to confirm your personal details, deposit funds and you'll be ready to make your first purchase. Our exchange offers an expert customer service team to help you trade cryptocurrency, low trading fees, and multiple payment options so that you can buy and sell Numeraire with ease. You can deposit your funds and make your first purchase in minutes.

How does Numeraire work?

Through weekly tournaments, individuals who produce proficient predictions/models are incentivized through monetary and crypto provisions. NMR is used by participants as a “stake” when providing their predictions to Numeraire. Consequently, the reward to users factors in the amount of NMR staked and the validity of their models,which is also paid out via NMR.

Where can I store my Numeraire?

You can store your Numeraire in the free multi-coin [digital wallet](https://www.cointree.com/learn/cryptocurrency-wallets/) that you receive when you sign up for an account with Cointree. Alongside your Numeraire, you can store hundreds of other digital currencies listed on our exchange, such as popular long-term investments bitcoin and Ethereum. Alternatively, you can store your Numeraire in an external hardware wallet like a Ledger.

What is the Numeraire market cap?

At the time of writing, Numeraire has a market cap of $1.28M and a maximum supply of 11MNMR.

Buy Numeraire (NMR)

Use the price calculator below to enter the amount of AUD you want to buy in Numeraire. You can also switch to convert NMR to AUD.

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Why is Cointree the best place to buy Numeraire in Australia?

Easy and convenient

Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Numeraire.

Fast and transparent

Buy Numeraire in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Numeraire with every dollar invested.

Safe and secure

Buy Numeraire with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.

Made for you

An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.

What can you do with your Numeraire?

Deposit Numeraire

You can now deposit Numeraire or any other cryptocurrency to your Cointree account instantly. And have the freedom to instantly withdraw your funds, when you need it.

Hold Numeraire

Many members buy and hold their Numeraire as a long-term investment. You can hold your Numeraire in your free multicoin wallet on Cointree or transfer it to a private wallet.

Trade Numeraire

You can instantly trade any portion of your Numeraire for any other digital currency within just a few clicks, and at the lowest rates in Australia.

Send Numeraire

When you buy Numeraire in Australia with Cointree, you can quickly and easily send your Numeraire to any other Numeraire wallet.

Spend Numeraire

You can spend Numeraire purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Numeraire every day.

Learn About Numeraire

Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Numeraire, to an expert holding a diversified portfolio of cryptocurrencies.

Buy in just a few minutes

Start with as little as AUD $25 and deposit instantly with your bank account.