What is NEAR Protocol? NEAR Protocol is a decentralized cryptocurrency platform that aims to use standard applications over the web. The project was launched by Alex Skidanov and Illia Polosukhin. Proof of Stake (PoS) is traded on consensus. In addition, it has a useful protocol of its own called Nightshade. NEAR Coin is a native cryptocurrency owned by NEAR Protocol.
What is NEAR Protocol?
The aim of the project is to enable applications to be used on the web. NEAR coin rewards its users, who contribute to network management and perform staking, with NEAR Coin in the use of the application. The project has 4 different usage scenarios as applications, users, validators and delegates.
According to current data, the price of 1 NEAR Coin is 148.52 TL. With the current exchange rate, it is equivalent to 10.07 USD. NEAR Coin has lost 1.51% in the last 24 hours. According to the CoinMarketCap ranking, it is in the 22nd place in the crypto money markets. Also, the 24-hour trading volume of NEAR Coin is 7,316,611,038 TL. Its circulating supply is 653,667,819 NEAR Coins while its maximum max level supply is 1,000,000,000 NEAR Coins.
NEAR Coin advantages:
Investors can earn passive income at the end of a certain maturity thanks to staking. Unlike other cryptocurrencies, it is preferred because of lower transaction fees. It is easy to use for people who are just starting to learn about the blockchain and cryptocurrency world.
NEAR Coin disadvantages
NEAR coin has high volatility. It is possible to experience a sudden positive or negative price movement. As with any cryptocurrency, there is a possibility of hacking attacks. However, this risk is minimized if stored in offline wallets.
What is NEAR Protocol? How to Get NEAR Coin?
NEAR Coin is listed on popular, large and global exchanges such as Binance, Hotcoin Global, OKX and Bitget. First, enter any exchange platform where the NEAR Coin mentioned above is listed. Then enter the free account creation page. Create your account after entering the requested information.
Complete the authentication process steps completely. After the account opening and verification process is completed, transfer money to your account from the deposit menu of the stock exchange with the method suitable for you. In the last step, enter the exchange tab where NEAR Coin is listed. You can easily get NEAR Coins by entering the current price or the amount you want.
