What is NEAR Protocol (NEAR)?
NEAR Protocol is a public blockchain network that aims to rival Ethereum. Like other layer-1, it boasts speed, low transaction cost, and scalability. In fact, it claims to be able to process up to 100,000 transactions per second, a much higher rate than other networks. This makes NEAR Protocol very promising as a mass-used blockchain. However, that potential has not been realized yet.
NEAR Protocol was founded in 2017 by Alex Skidanov and Illia Polosukhin. Fundraising events of NEAR Protocol attracted such investors as Andreessen Horowitz, FTX Venturs, and Pantera Capital
How NEAR Protocol (NEAR) Works
NEAR Protocol is a Proof-of-Stake blockchain that utilizes sharding, a method of partitioning data for faster and more efficient processing. The implementation of these two technologies allows NEAR Protocol to achieve great speed and scalability.
On the other hand, the network develops special solutions to facilitate interoperability with Ethereum. The first one is Rainbow Bridge, a bridge that enables users to easily transfer assets between the two chains. The other solution is Aurora, a layer-2 network developed on NEAR Protocol, allowing Ethereum dapps to operate on the said network.
How Many NEAR Protocol (NEAR) Tokens Are in Circulation?
NEAR is the native token of NEAR Protocol. Since the network is a PoS blockchain, NEAR is needed to become a node. Notably, developers who create smart contracts on the blockchain earn a part of transaction fees, which encourages the growth of the whole ecosystem.
NEAR's total supply: 1,000,000,000
NEAR's circulating supply: 812,963,867
How to Buy NEAR Protocol (NEAR)
Consider investing in NEAR Protocol (NEAR)? It only takes 2 minutes to create an account on Bitget and start trading NEAR.
Check out the available NEAR trading pairs on Bitget!
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Spot market
NEAR Protocol (NEAR) Resources
Simple 3-step guide to buying NEAR today in Lesotho
Create your free Bitget account
Select a funding method
Complete your NEAR Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for NEAR Protocol using a payment method of your choice:
Buy NEAR Protocol with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your NEAR Protocol order.
How to buy crypto with credit/debit cardBuy NEAR Protocol with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into NEAR Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your NEAR Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your NEAR Protocol order.Buy NEAR Protocol with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your NEAR Protocol order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor NEAR Protocol in your Bitget spot wallet
Bitget—where the world trades NEAR Protocol
How to buy NEAR Protocol for free
- Learn how to earn NEAR Protocol for free through the Learn2Earn promotion
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FAQ
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