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Easily convert BTC to NMR with ConvertOnline's efficient tool.
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions over the internet without the need for intermediaries such as banks. It operates on a technology called blockchain, which is a distributed ledger that records all transactions transparently and securely.
Numeraire (NMR) is a cryptocurrency that serves as a utility token for Numerai, a hedge fund that utilizes machine learning and data science to make investment decisions. NMR functions as an incentive for data scientists to build and submit predictive models that contribute to the fund's trading strategies, rewarding those whose models perform well.