Near token is one of the leading crypto assets that has been gaining much attention from investors. If you have actively been participating in the cryptocurrency market, you will know that there are a lot of crypto assets available in the market.
There’s no doubt that new crypto assets are being launched almost every day, and if you are interested in investing your hard-earned money in any of the tokens, you must learn more about the token beforehand.
In this regard, I will give a glimpse of Near cryptocurrency and also share with you easy steps on how to buy Near protocol tokens.
Likewise, I will list some reputable exchanges supporting Near protocol tokens.
Thus, If you want to learn about Near protocol and are eager to learn easy steps on how to buy Near protocol tokens, then keep reading.
Table of Contents
- What is Near cryptocurrency?
- Where can you buy Near tokens?
- Can you buy Near Protocol token on Binance?
- How to buy Near Protocol token on Binance
- How to buy Near Protocol token on Coinbase
- How to buy Near Protocol token in the US
- How do you invest in Near Protocol?
- Is Near Protocol token a good investment?
- Can you stake Near Protocol token?
What is Near cryptocurrency?
Near is a blockchain-based protocol that enables developers and businesses to create apps that make use of blockchain technology without any hassle.
Near can be used to create apps across various industries, including retail, travel, healthcare, supply chain, and many more.
The blockchain’s crypto asset (NEAR) is a utility token that powers the protocol network.
Use cases of Near Protocol token
Use cases of a crypto asset are what drive demand for the asset, and it’s important to consider this factor before you buy into any crypto asset.
Near protocol are a decentralized computer vision and artificial intelligence protocol that allows developers to create augmented reality applications and services with ease.
With the Near protocol product, users will be able to interact with the world around them using virtual objects that are linked to the physical world.
It is designed to work on any device, be it a smartphone, a computer, or even a piece of hardware.
Where can you buy Near tokens?
The best place to get information about where you can buy Near tokens is to navigate to their official website. However, below are some of the exchanges that support buying and selling Near tokens.
- Binance: It is one of top largest exchange platforms when it comes to cryptocurrency trading. Binance has been growing at a fast pace since its existence. It supports a wide variety of cryptocurrency assets. You can buy NEAR on Binance using BTC, ETH, USDC, and BUSD.
- Huobi: Huobi is another cryptocurrency exchange that supports more than 350 cryptocurrencies and tokens. You can buy NEAR on Huobi using BTC, ETH, and USDT.
- Coinbase: It is one of the world’s most popular cryptocurrency exchanges. Coinbase is based out of San Francisco, CA, and has been operational since 2012. Coinbase just announced that Near token will be supported on the platform soon.
- HitBTC: It is one of the most popular cryptocurrency exchanges in the world. You can buy NEAR on HitBTC using USD.
- KuCoin: It is one of the fastest growing exchanges and has been in operation since 2017. You can buy NEAR on KuCoin using USDC, BTC, and USDT.
- Kraken: Kraken is popular and trusted exchange based in the United States. You can buy NEAR from Kraken using USD and EUR.
Can you buy Near Protocol token on Binance?
One of the questions that may have been running through your mind is; if you can buy Near protocol on Binance. This is because it is one of the exchange platforms that have been dominating the crypto sphere due to its great user experience and security.
The answer to the question “Can You Buy Near Protocol Token On Binance” is Yes, you can buy near protocol tokens on the platform.
Binance is a crypto-to-crypto exchange that enables buying and selling of a wide range of cryptocurrency assets.
How to buy Near Protocol token on Binance
If you have decided to buy a Near protocol token on Binance and you want to know how to buy it on the exchange; read the guide below:
Go to the official platform (Binance.com) or download the app, and create an account. Once you have created an account, you need to log in to your account.
Near token is available on the Binance exchange. But then, you will need to first buy or fund a stable asset on the exchange.
Once you’re logged in to the exchange, navigate to the platform P2P section or utilize other deposit methods available on the platform.
After you’ve successfully bought the stable asset (e.g., USDT), then navigate to the “Trade” section and type “NEAR” in the search bar to select the Near/USDT pair.
How to buy Near Protocol token on Coinbase
To buy Near protocol on Coinbase, navigate to the Coinbase platform, and create an account. But if you already have an account, you need to log in to your account.
Near token can be bought using the Coinbase account and Coinbase pro account.
Coinbase also has a wide array of deposit methods, including credit cards and P2P, you can utilize any of the options that are suitable for you and buy a stablecoin (USDT preferably).
After that, navigate to the trade section and select the NEAR/USDT pair to buy Near protocol.
How to buy Near Protocol token in the US
It’s undoubtedly that US residents were restricted from buying certain crypto assets on some exchange platforms. Thus, knowing how to buy Near protocol tokens in the US is crucial.
The best crypto exchange to buy Near tokens as a US citizen is Kraken and Coinbase. Coinbase is one of the most secure and trusted cryptocurrency exchanges to use. The exchange recently announced it would list the Near token for US customers.
If you want to buy Near tokens, you must create an account on Coinbase. Once you have created an account, you can fund the account through your debit/credit card or bank account.
Once your account is funded, click on the “Buy/Sell” section and select the “NEAR” token from the drop-down menu.
It would show the number of Near tokens you can buy for your selected amount.
How do you invest in Near Protocol?
The first thing you should do before investing in crypto assets is to find out if it is worth being considered an ideal investment.
If you want to invest in Near tokens, you must know the fundamental factors that are backing the Near protocol project.
You can do this by doing more research on the project, reading the whitepaper, understanding the project use cases, etc.
When you are confident about the information gathered, that’s the time to make a decision. You can then proceed with buying Near protocol tokens.
Where can I trade Near Protocol token?
If you are new to the world of cryptocurrencies or you’re an expert, you may be interested in trading Near tokens. To do this, you will first have to buy BTC, USDT, or ETH.
The Near token is tradable on a few exchanges like Binance, Bitfinex, and Robinhood. These exchanges enable you to trade Near tokens with different features.
Binance offers crypto-to-crypto trading; thus, you can buy Near protocol tokens using BTC or ETH as your trading pair. Likewise, Bitfinex also allows you to trade Near tokens with Ethereum (Ether).
In addition, Robinhood is a zero-fee crypto-to-crypto exchange that enables its users to trade Near protocol tokens with USDT, BTC, or ETH.
Is Near Protocol token a good investment?
Near token is a good investment, and it has the potential to become a strong and valuable investment choice in the long run.
One of the major factors why the Near protocol token is considered a good investment is the team behind the entire project.
The team is made up of a group of skilled engineers who have years of experience in the computer vision space and artificial intelligence.
Near protocol also has a strong presence on different social media platforms. The team behind the token is very active on platforms like Reddit, Twitter, and Telegram, and they keep their followers updated with the latest happenings and developments of the token.
Can you stake Near Protocol token?
Near token is an ERC-20 token, and you can stake them on the Near wallet. It allows you to earn interest on your holding, so while holding the asset for the long term, you are earning fractions of it.
If you are looking for a crypto asset that has the potential to generate an ideal ROI in the long term, then Near protocol could be the best choice.
And to invest in the Near protocol, you’d need to buy BTC, USDT, or ETH on any supported crypto exchange platform and trade it for Near tokens.
In this post, we discussed some easy steps on how to buy Near protocol tokens. We also mentioned some of the exchanges that allow you to buy Near tokens and stake them.
You can buy Near tokens from exchanges like Binance, Huobi, Coinbase, and Kucoin.
If you are in the US and want to buy Near tokens, then buying from the Coinbase exchange could be the best option.
With the detailed guides in this article, buying Near protocol tokens has become much easier.
Disclaimer: All the information on this website is published for general information purposes only. They are not financial advice and do not represent the opinions of Coindictate to buy or sell any asset. Please do your own research before taking any action.