NEAR Protocol (NEAR) registers a 35% rise in 24 hours: here are the best places to buy it

By: Charles Thuo
Charles Thuo
Charles loves traveling, reading, and sharing his knowledge about blockchain technology. read more.
on Sep 8, 2021
  • NEAR Protocol (NEAR) coin is currently trading above $8.2.
  • It has been on a bullish trend since July 19.
  • Scroll down to find out more.

NEAR Protocol (NEAR) coin has been on a relentless bullish trend since mid-July and the momentum just seems to be increasing. As a result, crypto investors have turned their attention towards the coin and they are scrambling to add it to their portfolios before the price goes through the roof.

Because of the increased demand for the NEAR Protocol coin, Invezz has created a brief article to assist the investors to understand what NEAR Protocol (NEAR) is and also assist them to find the best places to buy it.

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How & where to buy the NEAR Protocol (NEAR) online

Have you made up your mind about buying NEAR Protocol (NEAR) but wondering how and where to buy it online? Well, you are in the right place. All you have to do is to find a reliable exchange, open a trading account, and deposit funds (either fiat or crypto depending on the allowed form) to purchase the number of NEAR coins you want.

According to our team of professionals, here are some of the best platforms where are you can buy NEAR Protocol (NEAR) online:

eToro

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Binance

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What is NEAR Protocol (NEAR)?

NEAR Protocol (NEAR) coin, which is commonly referred to as just NEAR token, is the native utility token of the NEAR Protocol.

If it is the first time hearing about the NEAR Protocol, it is a decentralized application platform where developers can make decentralized apps that are usable on the web. It uses a Proof-of-Stake (PoS) consensus mechanism known as Nightshade, which enables the protocol to become scalable and at the same time offer stable fees.

The NEAR token is used for paying the fees required for processing and storing data in NEAR Protocol, for running validator nodes on NEAR Protocol through staking, and for governing the protocol.

Should I buy NEAR Protocol (NEAR) today?

NEAR Protocol (NEAR) could be a good investment going by its recent price movements.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile; meaning sentiment can shift from bull to bear in seconds.

NEAR Protocol (NEAR) price prediction

NEAR Protocol (NEAR) shows no signs of slowing down with its bullish trend that has taken place for over a month now. In the last 30 days, it has risen by 223.8%.

NEAR Protocol (NEAR) social media coverage

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