Investors seeking to trade Namecoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini.
It is usually not presently possible to purchase alternative cryptocurrencies such as Namecoin directly using U.S. dollars.
Namecoins used to purchase records are marked as used and destroyed, as giving the fee to miners would enable larger miners to register names at a significant discount.
Over the last seven days, Namecoin has traded up 1.7% against the US dollar.
Namecoin has a total market capitalization of $5.95 million and $370.00 worth of Namecoin was traded on exchanges in the last day.