There is no real easy way to convert your cash into Numeraire directly, regardless if you are using USD, Euros, GBP, Canadian Dollars, Paypal, Credit Card, etc.. the list goes on.
In order to buy Numeraire or NMR you first need to convert your currency of choice into one of the main crypto currencies like Bitcoin, Ethereum, or Litecoin, and send it to an exchange where you can easily trade your BTC, ETH, or LTC for NMR.
Click the Buy/Sell tab and buy some crypto!
Select your desired coin, enter the amount, and confirm your transaction in the second step. BTC and ETH are some of the most widely accepted at exchanges for Numeraire.
Let’s get setup and ready to send your new coins to an exchange where Numeraire is being traded.
For this tutorial we will use Binance as our exchange.
Head to Binance.com or click the image below to set up your exchange account.
There are also several other alternative exchanges available if you prefer:
Exchanges currently accepting new sign ups:
Now you are in your fancy new cryptocurrency exchange account and ready to trade your coins purchased from CoinBase into Numeraire.
In the Funds menu click on Deposits and you will land on this page here:
Select the coin you purchased on CoinBase here and you will get your unique address to send to.
We are now ready to buy Numeraire. Head to the exchange tab (use basic to start) and place a buy order on the BTC to NMR exchange. Keep in mind some exchanges may have minimum buy amounts so be sure to check before starting. You can find the coins listed on the right on Binance:
Click on the Numeraire exchange you want and the bottom Buy / Sell area will change to that NMR exchange. Enter your exact amount (or a percentage of your balance if you prefer) and wait for your trade to happen.
Once your order is fulfilled and the trade is complete, you are now the proud owner of some shiny new Numeraire! From here you can choose to keep it in the exchange and let it (hopefully!!) appreciate, trade it for another alt coin, or pretty much do whatever you want with it.
However I would recommend using a more secure wallet, which brings us to our final step.
Send it to a secure wallet! Hardware wallet, software or even a simple piece of paper, there is tons out there to chose from. We recommend the following wallets for storing your Numeraire:
Let us know if you had any questions or issues in the comments below. Happy trading!