How to get NEAR coin? A complete picture and text tutorial on how to buy and obtain NEAR coin

To acquire NEAR coins, individuals can opt for reputable crypto exchanges like Binance or Huobi, buy NEAR tokens using supported trading pairs, and transfer them to personal crypto wallets for added security and control.

Oct 03, 2024 at 04:41 am

How to Get NEAR Coins: A Comprehensive Guide on Buying and Acquiring NEAR Coins

NEAR Protocol is a layer-1 blockchain platform that supports decentralized applications (dApps) and smart contracts. Its native token, NEAR, serves as a medium of exchange, payment for gas fees, and a governance token for the network. Acquiring NEAR coins is essential for individuals seeking to participate in the NEAR ecosystem, including building and deploying dApps, staking, and participating in network governance. Here's a detailed guide to getting NEAR coins:

1. Choose a Crypto Exchange or Platform:

Step 1: Sign up for an account at a cryptocurrency exchange or platform that supports NEAR coin trading. Popular platforms include Binance, FTX, Huobi, and Gate.io.
Step 2: Complete the user verification process, which usually involves submitting personal information and proof of identity.
Step 3: Fund your account using a supported payment method, such as bank transfer, credit/debit card, or other cryptocurrencies.

2. Buy NEAR Coins:

Step 1: Navigate to the trading section of the exchange or platform.
Step 2: Search for the NEAR/USDT or NEAR/BUSD trading pair (or similar).
Step 3: Enter the amount of NEAR coins you want to buy.
Step 4: Select the order type (limit order or market order) and place your buy order.
Step 5: Once your order is filled, the NEAR coins will be credited to your exchange or platform account.

3. Transfer NEAR Coins to a Personal Wallet:

Step 1: Create a personal crypto wallet, such as MetaMask, Ledger, or Trust Wallet.
Step 2: Obtain the wallet address for NEAR coin.
Step 3: Withdraw NEAR coins from the exchange or platform to your personal wallet by initiating a withdrawal request and providing your wallet address.
Step 4: The NEAR coins will be transferred to your personal wallet within a certain timeframe, depending on the network conditions and the processing time of the exchange or platform.

Note:

Always research and choose reputable crypto exchanges or platforms.
Fees may apply for trading and transferring NEAR coins.
Secure your personal wallet by using strong passwords and implementing 2FA (two-factor authentication).
Monitor the NEAR coin market and its price fluctuations to make informed decisions.
Consider using a decentralized exchange (DEX) for peer-to-peer trading of NEAR coins directly with other users. Use caution, as DEXs may have lower liquidity than centralized exchanges.