The way through
A closed market still lets you hold NIM. Fastspot, the swap inside the Nimiq Wallet, trades NIM against USDC, USDT and BTC as non-custodial atomic swaps.
Anyone already holding crypto can convert into NIM with no exchange account. The euro on-ramp is SEPA only, so it does not help here. These markets are closed to buying, not to owning.
In the 14 days to 11 August 2026, Fastspot moved $3,616 of NIM, about $258 a day, against roughly $24,000 a day on the three exchanges.
That is around 1% of all NIM liquidity, across 33 swaps. A real door that almost nobody walks through.
Fastspot's terms never say whether US Persons may use it. In practice the swap completes from the United States: there is no account to open and no balance anyone holds, so there is nothing to geofence.
Volume figures are community reported from the nimiq.cafe Fastspot dashboard.