Nimiq (NIM) Price
NIM RANK #1364The price of Nimiq (NIM) is calculated in real-time by aggregating the latest data across 4 exchanges and 5 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. Nimiq is designed to simplify the use of cryptocurrencies for everyone while maintaining decentralization. Unlike Bitcoin and Ethereum, which often rely on third-party nodes, Nimiq ensures that users directly participate in the blockchain by default. Nimiq is distinguished by its innovative features. The Nimiq OASIS is a DeFi crypto-fiat bridge that facilitates atomic swaps between cryptocurrencies like NIM and BTC (with ETH soon to follow) and fiat currencies like EUR (with USD upcoming) without requiring personal information. Additionally, Nimiq has developed Albatross, a fast Proof-of-Stake consensus algorithm, which will be introduced in 2021 with Nimiq 2.0. This algorithm aims to achieve approximately 1000 transactions per second and finality in one second, while reducing energy consumption to less than 1% compared to current Proof-of-Work systems.
