24 hours, CoinGecko tracked markets
Ranked by crypto owners, scored against the three live venues
The four shut out are China, the United States, the United Kingdom and Canada.
| Venue | Pairs | 24h volume | Share | Blocked |
|---|---|---|---|---|
| MEXCThe deepest book | NIM/USDT | $13,204 | 54.4% | United States, United Kingdom, Canada, Singapore, mainland China, Hong Kong, Kazakhstan, North Korea, Cuba, Sudan, Iran, the Russian held regions of UkrainePlus anywhere under EU or OFAC sanctions, or on the FATF high risk list |
| CoinExDelisted NIM on 5 August 2026, so it is no longer counted | NIM/USDT, NIM/BTC | no trades since 5 Aug | n/a | United States, Canada, United Kingdom, the entire European Union and EEA, Switzerland, mainland China, Hong Kong, Kazakhstan, North Korea, Iran, CubaThe EU was added on 25 June 2026. Moot now that the book is dead, but it is why Europe never reached this venue. |
| KuCoinThe old default for NIM traders | NIM/USDT | $2,860 | 11.8% | United States, Canada, United Kingdom retail, Singapore, mainland China, Hong Kong, Thailand, and sanctioned statesPleaded guilty in January 2025, then permanently barred from the US by a March 2026 CFTC order. Canada runs on a standing Ontario Securities Commission order. |
| GateWas under $400 a day on 9 August, now a third of all NIM volume | NIM/USDT | $8,217 | 33.8% | United States, Canada, United Kingdom, mainland China, Hong Kong, Singapore, France, Germany, Spain, Netherlands, Malta, Malaysia, Venezuela, Bolivia, Myanmar, Uzbekistan, and sanctioned statesOver 30 named jurisdictions. Gate stopped onboarding EEA users to the global platform in March 2025 and routes them to Gate Europe, licensed in Malta since September 2025. Whether that entity lists NIM is unverified. |
| CoinSpotA broker, not an order book, so it never shows in tracked volume | NIM/AUD | not tracked | n/a | Everyone outside AustraliaThe only direct fiat pair for NIM anywhere |
As published by each venue. These change without notice.
NIM has no BTC pair left anywhere, so every market prices it in USDT. Singapore reached NIM only through CoinEx and now has no venue.
How much of that $24k you can reach.
Ranked by crypto owners, from Triple-A's 2023 country table, the newest complete per country dataset published. Everything else here was checked today.
In 29 of the 40 largest markets all three venues are open, so the list below shows only the 11 that are not. The rest are one click away.
The 40 largest crypto populations, 427.6m owners between them. A third of them cannot reach a single NIM order book.
No one authority counts crypto owners. The two that publish most disagree by roughly a hundred million, and per country they disagree far harder.
Two independent counts of the same thing
Gridlines at zero, 400m and 800m owners. Triple-A has not published since 2024.
Triple-A 2023 in blue, the 2026 compilation in green
Triple-A's 2024 report drops to a top 30 by rate with no owner counts, and the 2026 figures in circulation blend surveys. One older dataset measured the same way beats four newer ones that are not comparable.
The Philippines is the tell. One source says 7m, the other 26.6m, because the second counts internet users rather than population. The ranking above uses Triple-A alone, so all 40 rows are measured the same way.
Constrained markets first. The 29 open ones share one route and sit behind the last row.
| Where you live | Venues open | Liquidity | Best route | Ceiling |
|---|---|---|---|---|
| United States, Canada, Hong Kong, ChinaChina alone is 78m owners, the second largest crypto population on earth | None of the three | 0% | Stablecoin into the Nimiq Wallet. Above the cap, a swap desk, terms below. China: where local law allows it at all | $1,000 / 30 days |
| United Kingdom | None of the three | 0% | Same, via an FCA registered venue. The desks do not take UK users either | $1,000 / 30 days |
| European Union | MEXC and KuCoin | 66% | Fiat to USDT on MEXC or KuCoin, then to NIM there. Gate carries a third of NIM volume and does not serve the EU. Gate Europe is licensed, its NIM listing unverified | Exchange limits |
| Singapore | None of the three | 0% | CoinEx was the only venue that took Singapore. Its book died on 5 August, so the wallet route is the only way in | Exchange limits |
| Kazakhstan | KuCoin and Gate | 45.6% | Gate carries most of it now, with KuCoin behind | Exchange limits |
| Thailand | All but KuCoin | 88.2% | MEXC or Gate | Exchange limits |
| Australia | All three, plus CoinSpot | 100% | AUD straight to NIM on CoinSpot, the only direct fiat pair in the world | Account limits |
| North Korea, Iran, Cuba, Syria, Sudan | None | 0% | Nothing on this page applies. Every venue and swap desk screens these lists | n/a |
All three venues open in every row below, and exchange limits are the only ceiling.
| Where you live | Liquidity | Best route |
|---|---|---|
| Switzerland | 100% | Fiat to USDT on MEXC or KuCoin, then USDT to NIM. Gate works here too: Switzerland is outside the EEA, so the March 2025 withdrawal never applied |
| India, Pakistan, Bangladesh, Vietnam, Indonesia, Philippines | 100% | Fiat to USDT on MEXC, then USDT to NIM in the same place |
| Brazil, Mexico, Venezuela, Argentina | 99 to 100% | Same, or peer to peer for the first leg where banks block exchanges |
| Nigeria, Kenya, South Africa, Ethiopia | 100% | Peer to peer for USDT is common, then USDT to NIM on MEXC |
| Ukraine, Russia, Turkey | 100% | Same as above. Occupied Ukrainian regions are blocked everywhere |
| South Korea, Japan | 100% | Open on the venues own lists, though local rules push people to registered domestic exchanges |
| Desk | United States | United Kingdom | What it takes |
|---|---|---|---|
| FastspotThe swap built into the Nimiq Wallet | Works, terms unclear | Open | NIM and BTC legs non-custodial. Euro leg SEPA only, €1,000 per 30 days without ID. The terms never name a barred country, and swaps complete from the US, reported first hand |
| ChangeNOW | Only with an account | No | Account plus ID from the US, with 41 states routed through third party processors. The UK gets no carve out |
| ChangeHero | No | Not listed | The US and all its territories are a Prohibited Jurisdiction, section 5.1.2 |
| SimpleSwap, StealthEX, SwapSpace, Changelly, Swapzone | Not checked | Named on the Nimiq buy page, terms not read yet | |
Fastspot. Atomic swaps inside the Nimiq Wallet, operated by Inuit International Operations Ltd in the UK. The NIM and BTC legs are hash time locked contracts, so nobody holds your coins. The euro leg runs through OASIS and TEN31 Bank, is custodial, and is SEPA only.
Up to €1,000 per rolling 30 days with no identity check, full KYC with TEN31 above that.
The terms never define "Prohibited Jurisdiction" and never state a bar. The clause that should name who is barred points at the paragraph about wallet keys instead.
One clause forbids US Persons from using a VPN to disguise their location, which implies a block it never spells out. There is no account to open and no balance anyone holds, so there is nothing to geofence. Treat the terms as unsettled, not as a bar.
Figures are community reported from the nimiq.cafe Fastspot dashboard, not an endpoint this page can re-check.
ChangeNOW. Clause 11.1 says do not use it from the US or UK, then carves out the US "after account creation".
The Pro terms name 41 US jurisdictions whose registered and verified users are routed through third party processors. Alabama, Alaska, Hawaii, Nevada, New Mexico, New York, Rhode Island, South Dakota, Vermont and Washington are not on that list.
So it is an account plus ID, not the no signup swap it is sold as.
ChangeHero. Section 5.1.2 names the United States and all its territories a Prohibited Jurisdiction, next to Cuba, Iran and North Korea. It adds that ChangeHero "makes no attempt to operate in Prohibited Jurisdictions". Ontario, Japan, Bangladesh and Bolivia are on the same list.
This page sends blocked markets to Fastspot. In the fourteen days to 11 August 2026 it moved $3,616 of NIM, about $258 a day, against roughly $24,000 a day on the three exchanges.
One per cent of NIM liquidity, across 33 swaps. The escape hatch is real and it is tiny.
Six markets are refused by all three venues, 143 million crypto owners between them. Who they are, and why licensing rather than sanctions closes them.
Buying is only half of reach: NIMmesh, now in alpha, sends a payment where no exchange and no internet reaches.
The largest buyer on these three books is Nimiq itself. Its treasury bought $73,921 of NIM in July alone, and where that NIM ended up can be checked against the chain.
Read nextNimiq's treasury, 2018 to 2026 NewNIMmesh enters alpha testing AlsoWhere NIM cannot be purchased