We’re currently experiencing an increase in inquiries. There may be a delay in responses from Coinbase Support. Learn more about our commitment to a better customer experience in our latest blog post. We appreciate you bearing with us during this exciting time for the cryptoeconomy.

To view updates on site performance, please visit our Coinbase status page and Coinbase Pro status page.

Numeraire (NMR)

What is NMR?

NMR is an ERC-20 token from the Numeraire Protocol. On the Numeraire Protocol, data scientists have the ability to build models to predict the stock market. 

Participants in the Numeraire Protocol *stake NMR based on their confidence in their prediction model and when their code helps improve the algorithm they are rewarded with more NMR. If the prediction model negatively impacts the algorithm, the participants run the risk of losing their NMR.

*Staking NMR is not available on Coinbase

What countries support NMR? 

For a full list of countries that support NMR, please see our Supported Cryptocurrencies.

Is full trading available for NMR?

Yes. As of August 20 2020, full trading is available (buy, sell, sends, receives, transfers).

Was this article helpful?

Can’t find what you’re looking for?

Contact us