How to make a quick Numeraire to USD price swap
This tool helps you swap virtual NMR to USD to get the latest rates of exchange. The following steps will guide you through the process and show you all the different ways to use the tool:
On the top of the page, you will see two input fields. To convert Numeraire to USD, type in the preferred amount of NMR in the left field. You will instantly see the NMR/USD rate on the right field.
You can also use the tool in the opposite way. Enter any amount of dollars in the right field, and the NMR calculator will show you the token value on the left field.
The Numeraire to US dollar calculator can also be adjusted depending on your needs. You can select different currencies by clicking on the USD tab or pick other cryptocurrencies by clicking on the NMR tab.
Once you verify the current NMR price, you can proceed to buy the cryptocurrency directly through Paybis. Click on the "Buy now" button, and you will be transferred to a transaction page.
Finally, by scrolling to the bottom of the NMR USD page, you will be able to choose from popular conversion amounts and other currencies with one click.
Main reasons for using the NMR to USD page
Making Numeraire to USD conversions is a great way to keep track of the latest rates. It also enhances your ability to invest and helps you get insights you would otherwise struggle to get. Let's look at some of the benefits of using this tool:
NMR to USD conversions show you how much your tokens are worth without having to make a transaction or deal with charts and graphs that make the process confusing.
Using the tool in reverse helps you get a better idea of the number of tokens you can purchase with a specific amount of money. Once again, the amount can be depicted in USD or any other preferred currency from the available options.
Regular checks of the current price help you discover great selling and buying opportunities. If you wish to buy NMR, you can do so directly through this page.
Numeraire - The hedge fund token
Numeraire to dollar swapping is mainly performed by investors of the NMR token. The token empowers Numerai, a hedge fund that uses AI technology to invest in the global stock market. Token holders are able to stake their tokens to predict which stocks the fund will invest in next.
In turn, this crowdsourced investment technology helps token holders increase their portfolio value. They then exchange NMR to dollar value in the open market to secure profits.
