How to Buy NEAR Protocol (NEAR) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy NEAR Protocol and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells NEAR Protocol.
  2. Register a new account.
  3. Fund your account.
  4. Buy NEAR Protocol.
NEAR
$7.2572331403709

These steps are simple if you know where to buy NEAR Protocol cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy NEAR Protocol (NEAR) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best NEAR Protocol Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

64

Only

64

of these exchanges sell NEAR Protocol.

We then filter down the entire set of possible marketplaces to only the ones that have active NEAR markets.

34

Only

34

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

8

Only

8

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Coinbase

VISIT Coinbase Read Review
Reasons we ♥ Coinbase
Low fees
Educational incentives
Quick withdrawals
CRYPTOCURRENCIES: 238
FUNDING:
Bank Transfer (ACH)
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Debit Card
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Wire Transfer
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Paypal
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Apple Pay
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Google Pay
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SEPA
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EFTCAD
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Interac
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SGD Transfers
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3D Secure Card UK
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Easy Bank Transfer UK
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Faster Payments UK
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Instant Card Cashouts UK
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PayPal UK
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Step 2Register Your New Account

  1. Prepare Personal Information: Collect your personal details, including your name, address, and documents for identity and address verification.
  2. Create an Account: Visit the Coinbase Pro website, click "Sign Up," and provide your name, email address, and country of residence. Then, create a secure password and, if desired, set up two-factor authentication with your phone number.
  3. Agree to Terms: Read and agree to the user agreement and privacy statement.
  4. Verify Identity: Complete a two-step identity verification process by uploading a government-issued ID (passport, driver's license, or national ID card) and taking a selfie to confirm the validity of the photo ID.
  5. Wait for Approval: Wait for Coinbase Pro to review and validate the documents, which can take up to 48 hours, followed by immediate account verification upon approval​​.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy NEAR Protocol cryptocurrency.

You can buy NEAR Protocol on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy NEAR Protocol (NEAR)

After registering and funding your account at , you should be able to buy NEAR Protocol after your deposit finishes processing. After you receive your NEAR, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best NEAR Protocol Exchanges

NEAR Protocol is also available on these exchanges:


Frequently Asked Questions

Yes, NEAR Protocol is safe to buy. It is listed for trade on some of our top-rated exchanges including Zengo, Binance, Coinbase, Kraken, KuCoin, Bybit, OKX, Gate.io, BingX.

You can buy NEAR Protocol instantly at Zengo, Binance, Coinbase using their instant buy feature or a credit card.

Yes you can buy less than one (1) NEAR. Cryptocurrencies in general are divisible to 16 decimal places.

To buy NEAR Protocol, you will need to deposit funds into your exchange account - which usually has no fees - and then buy NEAR, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of NEAR Protocol at Zengo, Binance, Coinbase.

NEAR Protocol Investment & Buying Guide

Diving into the NEAR Protocol, you’re uncovering a cryptocurrency that’s pushing the boundaries of blockchain technology. With its unique sharding mechanism, NEAR is designed for scalability and ease of use, setting it apart in the crowded crypto space.

NEAR’s promise of a user-friendly platform isn’t just talk; it’s built to attract developers and users alike. As you explore, you’ll find out how NEAR is carving its niche, offering a seamless experience that could very well redefine the future of decentralized applications (dApps).

What is NEAR Protocol Cryptocurrency?

NEAR Protocol is a decentralized development platform designed to make apps usable on the web. It aims to eliminate some of the biggest limitations of other blockchains, like slow transaction speeds, low throughput, and poor cross-compatibility.

How Does NEAR Protocol Compare to Other Cryptocurrencies?

NEAR uses a Proof of Stake (PoS) consensus mechanism. This approach is more energy-efficient than Bitcoin’s Proof of Work (PoW) model.

The platform’s unique Nightshade sharding allows it to process transactions faster. This positions NEAR as a strong competitor in terms of scalability.

NEAR offers smart contract functionality similar to Ethereum. However, NEAR’s emphasis on user experience could give it an edge.

It also features a dynamic re-sharding process. This means NEAR can adapt to network changes without massive disruptions.

Transaction fees on NEAR are low and predictable. This is a key selling point when compared to Ethereum’s sometimes unpredictable gas fees.

NEAR has a built-in DAO (Decentralized Autonomous Organization) system. This supports community-led governance, pushing the envelope in decentralized decision-making.

Cross-chain interoperability is a fundamental part of NEAR. The Rainbow Bridge connects NEAR with Ethereum, facilitating the smooth transfer of assets.

Developers are incentivized through the NEAR token. The token is used to pay for transaction fees and storage, ensuring the network remains sustainable.

Financial backing and partnerships have been integral to NEAR’s growth. The involvement of major VC firms speaks to its perceived potential in the market.

The platform’s human-readable account names make it more accessible. Users can interact without the complexity of traditional cryptographic wallet addresses.

With a focus on decentralized identity, NEAR could revolutionize how personal data is managed online. User empowerment is central to the platform’s ethos.

NEAR Protocol’s commitment to a simplified developer experience is noteworthy. They provide extensive documentation, online resources, and a supportive community.

Market performance reflects NEAR’s growing popularity. Its token has seen increasing volumes and liquidity, indicators of a robust network.

To understand the full potential of NEAR, it’s essential to look at active projects on the network. A vibrant ecosystem of dApps signals the platform’s integrity and future prospects.

NEAR Protocol History & Growth

NEAR Protocol was officially launched in April 2020, following three years of meticulous development and testing. Backed by an impressive $21 million initial funding round, the project quickly attracted attention in the crypto community.

The team behind NEAR comprises former Microsoft, Google, and Facebook employees, bringing a wealth of tech industry experience to the blockchain space. This pool of talent has been pivotal in NEAR’s technological advancements and strategic partnerships.

In Q1 2021, NEAR implemented its groundbreaking Nightshade sharding solution. This update marked a significant milestone, drastically improving the network’s scalability and throughput.

NEAR’s token, $NEAR, reached an all-time high market capitalization in excess of $10 billion in November 2021. The surge reflected growing investor confidence in NEAR’s long-term viability and innovative approach to decentralization.

Continued growth is evident through NEAR’s thriving community and expanding decentralized applications (dApps) ecosystem. As of early 2023, NEAR had over 400 projects under development, demonstrating the protocol’s strong adoption and developer interest.

The protocol’s educational initiatives, like NEAR University, have empowered thousands across the globe. Such initiatives are contributing to an ever-more robust developer community.

With consistent feature updates and improvements, NEAR is positioning itself as a solid contender in the world of crypto. Its dedication to simplifying blockchain technology for mainstream usage is resonating with users and developers alike, signaling a bright outlook for its ecosystem.

Buying NEAR Protocol with Different Payment Methods

Buying NEAR Protocol with a Credit Card

Purchasing $NEAR with a credit card is widely accepted on most cryptocurrency exchanges. It’s fast and convenient but watch out for higher transaction fees that credit card companies tend to charge.

Buying NEAR Protocol with a Debit Card

Using a debit card to buy NEAR Protocol is similar to credit card transactions but often has lower fees. Ensure your bank allows transactions with crypto-related platforms to avoid any declined payments.

Buying NEAR Protocol with Apple Pay

Apple Pay offers a seamless purchase experience for NEAR tokens on compatible exchanges. This method provides an extra layer of security through biometric authentication while purchasing your crypto assets.

Buying NEAR Protocol with Paypal

Select crypto exchanges allow you to buy NEAR Protocol using PayPal. With PayPal, you get the benefit of purchase protection and instant transfers, making it a user-friendly option for many.

Buying NEAR Protocol with a Bank Transfer

Bank transfers are generally the most cost-effective method to acquire $NEAR. They do take longer, however, so plan ahead if you choose this option to add NEAR Protocol to your investment portfolio.

Keeping Your NEAR Protocol Safe

Software Wallets

Software wallets offer you a convenient way to access your NEAR tokens. They’re applications that you can easily download to your computer or smartphone. However, while they’re user-friendly, software wallets are not as secure as hardware wallets because they’re connected to the Internet, making them more susceptible to hacks and phishing attacks. Top choices for NEAR software wallets include NEAR Wallet and Trust Wallet, known for their robust security measures.

Hardware Wallets

Using a hardware wallet is akin to having a personal safe for your digital assets. These physical devices store your NEAR tokens offline, greatly reducing the risk of cyber theft. They look similar to USB drives and are ideal for long-term storage of significant amounts of cryptocurrency. Ledger and Trezor are popular hardware wallet brands compatible with NEAR, and they’re celebrated for their advanced security features.

Selling & Withdrawing NEAR Protocol

When you’re ready to cash in on your NEAR holdings, selling your tokens can be as straightforward as the buying process. You’ll often use the same exchanges where you initially purchased NEAR to conduct your sale. Most platforms support a direct exchange from NEAR to fiat currencies like USD or EUR, or to other cryptocurrencies. The exact process may vary by exchange, but it generally involves placing a sell order and selecting your desired currency for receiving payment.

Once you’ve sold your NEAR tokens, withdrawing your funds follows. If you’re withdrawing fiat money, you may choose to have it transferred to your bank account, which can take a few days to process, depending on your location and bank policies. For crypto withdrawals, you’ll need to provide a recipient wallet address compatible with the currency you’ve exchanged NEAR for; these transactions typically complete much faster.

Keep in mind that exchanges may have withdrawal limits and could charge fees for these transactions. It’s crucial to review the fees schedule on the exchange to understand what costs you’ll incur when withdrawing your money. Furthermore, always ensure that you’re compliant with any regional regulations or taxes that might apply to crypto transactions in your jurisdiction.

Is NEAR Protocol a Good Investment?

Investing in NEAR Protocol is an opportunity to take part in a rapidly expanding ecosystem. NEAR’s adaptability and user-friendly approach make it a standout choice for developers and users alike. In November 2021, its token reached an all-time high, signaling strong market confidence. Since then, NEAR has maintained a robust community, indicating a sustained interest.

Transaction speeds and costs on NEAR are highly competitive compared to other blockchain networks. This can lead to greater adoption, which may positively impact NEAR’s token value. With over 400 projects under development, NEAR’s utility and demand are on an upward trajectory.

It’s essential to evaluate NEAR’s long-term development roadmap and potential market risks. Research and due diligence are your best tools to determine if NEAR aligns with your investment strategy. Remember, past performance doesn’t guarantee future results but does provide a metric for evaluation.

Keep an eye on NEAR’s continued commitment to educational programs. These can drive further development and adoption, paving the way for possible growth. Diversifying your portfolio can mitigate risks, and including cryptocurrencies like NEAR could be part of that strategy.

Consider regional regulations and technological advancements as they can affect NEAR’s relevance. Staying informed will help you navigate the fluid landscape of cryptocurrency investments.

NEAR Protocol Price Predictions

When discussing NEAR Protocol’s future, it’s critical to consider expert analyses and market trends. Many analysts predict a bullish future for NEAR due to its innovative technology and growing ecosystem.

Historical data reflects a volatile but generally upward trend in NEAR’s price trajectory. Adoption rates and platform upgrades like Nightshade play significant roles in shaping its value.

Predictive models suggest NEAR could see substantial growth in the coming years. External factors such as global economic conditions and crypto market sentiment also impact these forecasts.

Crypto forecasting is inherently uncertain, but NEAR’s solid fundamentals may provide support for optimistic outlooks. Always check multiple sources and apply your due diligence when interpreting price predictions.

The continued expansion of NEAR’s DeFi and NFT sectors could further influence its market position. Diversification and technological adoption spur demand for NEAR, potentially driving prices upward.

Remember, cryptocurrency investments are subject to market risks. Monitor NEAR Protocol’s performance regularly to make informed decisions based on up-to-date information.

Additional Info

With the NEAR Protocol’s impressive strides from its inception to the innovative Nightshade sharding, you’ve seen just how dynamic this ecosystem is. The surge to an all-time high market cap and the robust growth of its community are testaments to its potential. Remember, securing your NEAR tokens in reliable wallets is crucial as you explore investment opportunities within this burgeoning platform. It’s essential to weigh the long-term prospects against market volatilities and stay abreast of the regulatory landscape. The bullish outlook shared by experts reflects confidence in NEAR’s future, but it’s vital to keep a close eye on adoption trends and platform evolutions. Make sure you’re making investment choices with the most current insights at hand, as NEAR Protocol continues to shape the frontier of blockchain technology.

NEAR Protocol (NEAR)
Price
$7.2572331403709
24h Change
-0.5
7d Change
8.0