How and Where to Buy NMKR (NMKR) – Detailed Guide
- What is NMKR?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade NMKR
- Last Step: Store NMKR securely in hardware wallets
- Other useful tools for trading NMKR
- Frequently Asked Questions
- Latest News for NMKR
- NMKR Price Prediction and Price Movement
What is NMKR?
What Is NMKR token ($NMKR)?
$NMKR is a utility token introduced by the brand NMKR (formerly NFT-MAKER), an official partner of IOG. $NMKR is a Cardano native token for utility purposes within the NMKR ecosystem. The comprehensive NMKR ecosystem provides an empowering user experience through the power of blockchain. The team behind NMKR is making decentralization usable for everyone by building products that bring new users into the decentralized economy and equipping users with tools to solve real-world problems. Going forward, NMKR is creating an infrastructure for the decentralized economy that will allow users to integrate blockchain into existing products or build new blockchain-based products from scratch. $NMKR is used for:
- Verifying NFT projects
- Fraud prevention in NFTs
- Rewards
- Community self-governance
- Votes on the ecosystem’s future
How Many NMKR tokens are there in circulation?
NMKR token is live on mainnet 1.5 billion tokens in circulation during presale and ICO. In addition, 40 million tokens are made available through IDO which is the third round. The latest circulating supply (aka total supply) figure can be found here [https://cardanoscan.io/tokenPolicy/5dac8536653edc12f6f5e1045d8164b9f59998d3bdc300fc92843489].
Who Are the Founders of NMKR token?
NMKR token is led by the following people at utxo AG based in Switzerland:
*Patrick Tobler - CEO and Founder *Kristian Portz - COO *Ann-Kristin Mackensen - CFO *Sascha Tobler - Tech Lead
Patrick Tobler is the founder of the NMKR brand and has extensive training and knowledge in the Cardano blockchain space and programming experience in NodeJs, java, javascript, python, and C#. In 2021, he introduced the mass minting platform called NMKR Studio which is basically an API tool that enables NFT miniting and has generated a constant revenue stream for the brand. Today, NMKR Studio takes out the complexity of building products on different Blockchains by creating a mix of easy-to-use Development APIs and No-Code building blocks, that can be used in a modular way to fit all Blockchain development needs. NMKR Studio as a core product will also power other NMKR products and services such as NMKR Games, NMKR Store, and NMKR Agency.
Where Can I Buy NMKR token?
NMKR token is listed on a centralized exchange where it can be traded on LCX at lcx.com
In addition, these are the DEXs where NFT-MAKER is listed as well.
- Minswap at minswap.org
- Sundaeswap at sundaeswap.finance
- Muesliswap at muesliswap.com
- Wingriders at wingriders.com
What Makes NMKR Unique?
Since the influx of NFTs on Cardano, maintaining a balance between preventing fraud in a more decentralized way and centralized gatekeeping has been difficult. Maintaining proper verification methods has cost a lot financially and time-wise, making it difficult for many platforms to keep up. $NMKR will make the voices of the community heard by having the community decide what changes will apply in the NMKR ecosystem ranging from how rewards are adjusted to how NFT projects get verified for their authenticity. There will be multiple-use cases for $NMKR token in the future. Ultimately this token will represent a user’s engagement within the Cardano NFT space, rewarding those who actively vote and the NMKR team plans to ensure it has the highest possible utility for all things NFT-related. NMKR is a centerpiece within the NMKR ecosystem.
NMKR also happens to be the first-ever Cardano native token to be listed on a CEX in a legally compliant manner. Following the Liechtenstein Blockchain Laws, LCX conducted and managed the token sale as a registered token issuer with the Financial Market Authority.
How is NMKR secured?
$NMKR infrastructure is based on the Cardano blockchain and benefits from Cardano's security measures.
The Cardano project is working on an environmentally sustainable and verifiably secure proof of stake (PoS) protocol called Ouroboros, which improves upon the security guarantees of a traditional proof of work model while using less power. NMKR runs its very own stake pool called NMKR Pool which is a reliable Cardano node contributing to the protocol.
Ouroboros protocol aims to create a network with sustainable and ethical growth. It's an incentive mechanism that rewards participants in the community for their involvement, making it possible through mathematically verifiable methods combined with behavioral psychology and economic philosophy with technology as well.
As an additional and optional step, $NMKR is KYC and 2FA ready as robust security measures to protect the community from fraud. Their payment gateway for transactions provides bot proofing capabilities to keep financials safe.
Related Pages:
Learn more about NMKR tokenomics on page 69 [https://nmkr.io/whitepaper]
Learn more about NMKR at LCX (https://www.lcx.com/lcxnmkr-token-nmkr-token-listing-at-lcx-exchange/
Learn more about NMKR on CardanoAssets [https://cardanoassets.com/asset1lgultx63fukjlhsncmwp235pcnh4fh988phh7f]
Learn more about NMKR Pool [https://cardanoscan.io/pool/e815603425324aeaf98b5b3609f6ee6d618128046b6032febb48f950?tab=epochhistory]
NMKR was first tradable on 13th Jun, 2022. It has a total supply of 10,000,000,000. As of right now NMKR has a market capitalization of USD $22,029,652.2. The current price of NMKR is $0.00220 and is ranked 3361 on Coinmarketcap and has recently surged 30.12 percent at the time of writing.
NMKR has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy NMKR.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer USDT to an Altcoin Exchange
But we are not done yet, since NMKR is an altcoin we need to transfer our to an exchange that NMKR can be traded. Below is a list of exchanges that offers to trade NMKR in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit USDT to the exchange from UpHold. After the deposit is confirmed you may then purchase NMKR from the exchange view.
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once NMKR gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Gate.io
Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.
BitMart
BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
Last Step: Store NMKR securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your NMKR for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Other useful tools for trading NMKR
Encrypted Secure Connection
NordVPN
Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).
Surfshark
Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!
Atlas VPN
IT nomads created Atlas VPN after seeing a lack of top-notch service within the free VPNs field. Atlas VPN was designed for everyone to have free access to unrestricted content without any strings attached. Atlas VPN set out to be the first trustworthy free VPN armed with top-notch technology. Furthermore, even though Atlas VPN is the new kid on the block, their blog team’s reports have been covered by well-known outlets such as Forbes, Fox News, Washington Post, TechRadar and many others. Below are some of the feature highlights:
- Strong encryption
- Tracker blocker feature blocks dangerous websites, stops third-party cookies from tracking your browsing habits and prevents behavioural advertising.
- Data Breach Monitor finds out whether your personal data is safe.
- SafeSwap servers allow you to have many rotating IP addresses by connecting to a single server
- Best prices on the VPN market (only $1.39/month!!)
- No-log policy to keep your privacy safe
- Automatic Kill Switch to block your device or apps from accessing the internet if the connection fails
- Unlimited simultaneous connections.
- P2P support
Frequently Asked Questions
Can I buy NMKR with cash?
There is no direct way to buy NMKR with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy NMKR in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy NMKR or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
NMKR Price Prediction and Price Movement
NMKR is up 24.23 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of NMKR can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, NMKR has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on NMKR's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.