How & where to buy Namecoin crypto coin
The Namecoin cryptocurrency is difficult to get, because of the lack of crypto exchanges which offer it. The four trading platforms offer 7 pairs: NMC/WAVES, NMC/USD, NMC/USDT and other. Full details read above.
Where to buy Namecoin
Step 1You need an account with a cryptocurrency exchange that supports Namecoin coin. All of them provided on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
CoinEx | ?? / ?? | MEDIUM | Yes | $1004 |
|
AltcoinTrader | ?? / ?? | LOW | Yes | $29 |
|
SouthXchange | ?? / ?? | MEDIUM | Yes | $1 |
|
YoBit | 0.2 / 0.2 | MEDIUM | Yes | $4188 |
Transfer or buy with peer-to-peer trading one of this coins: RUR, USDT, USD, ETH, BTC.
Step 3Switch to spot trading on cryptocurrency exchange and type the coin name in search line. Choose between available trading pairs, then set order and push Buy NMC button.
Congratulations!
After pushing buy, the Namecoin coin will be transferred to your account on the crypto exchange. Remember that only moving your coins from exchange into secure crypto wallet like Trezor One or Ledger Nano, you help better protect your finances. This is not only lower your risk if your trading platform or account gets hacked, but if you move to a “cold,” or offline, wallet, your Namecoin cryptocurrency becomes almost unbreakable. Only flaw is usually have to pay a small withdrawal fee to move your tokens off of the crypto exchange.
What is Namecoin
Namecoin is a domain name registry service and was the first coin to fork Bitcoin. Similar to registering a .com or .io domain name, you register a .bit domain on the network. This domain is censorship-resistant and impervious to activity tracking. Governments and large corporations control traditional domain name services (DNS) servers. This control is how the Chinese government, for instance, can block websites that go against their beliefs
Video Review
What is Namecoin?
Statistics and Externals
The Nmc blockchain use SHA-256 hash algorithm. The genesis challenge block was distributed on April 19, 2011.
Price and supply
The current total supply is 21000000, with a circulating supply of 14.7 millions NMC as of Oct 2024. The Namecoin maximum amount of coins that will ever exist is 14736400.
The Nmc coin price is $0.569082655313 as of 07:52 AM. The price went up on 0.9976% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. Over recent 30 days, the Namecoin token increased on 1.01%.
FAQ
What exchange can I buy Namecoin?
Namecoin crypto can be purchased from four trading platforms. The list includes: AltcoinTrader, CoinEx, YoBit and SouthXchange.
Is Nmc a good investment?
The Namecoin token has a big risks of value drop. Due to the high volatility of all Blockchain world you should understand: any cryptocurrency has a possibility price to crash to zero, learn the risks before you start trading and you can lose all of your invested funds. But on the other hand of that investing in cryptocurrencies is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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