Cryptocurrencies

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How to get NEAR coins? This article teaches you how to get NEAR coins

Sentence: NEAR coins can be acquired through various methods, including exchanges, staking, liquidity mining, airdrops, custody services, and apps that integrate with the NEAR Protocol.

Oct 09, 2024 at 10:30 am

How to Acquire NEAR Coins

NEAR coins, the native token of the NEAR Protocol blockchain, can be obtained through various methods. Here's a comprehensive guide:

1. Exchanges

Centralized Exchanges (CEXs): Purchase NEAR directly from reputable platforms such as Binance, Huobi, Kraken, and FTX.
Decentralized Exchanges (DEXs): Access NEAR on DEXs like Uniswap, Sushiswap, and 1inch Network.

2. Staking and Delegation

Staking: Delegate your NEAR coins to a validator node and earn rewards in the form of new NEAR coins.
Delegation: Similar to staking but you entrust a validator with your coins to participate in consensus, earning proportional rewards.

3. Liquidity Mining

Pool Participation: Provide liquidity to NEAR liquidity pools on protocols like Orca and others, receiving rewards in NEAR tokens.

4. Airdrops and Giveaways

NEAR Foundation Promotions: The NEAR Foundation occasionally conducts airdrops and giveaways to distribute NEAR coins.
Partner Programs: Various projects and companies may offer NEAR coins as rewards for participating in their programs.

5. Mining

PoS Mining: NEAR utilizes Proof-of-Stake (PoS) consensus, which does not involve traditional mining.

6. Custody Services

Crypto Custodians: Store your NEAR coins with trusted third-party custodians such as Coinbase Custody or BitGo.
Hardware Wallets: Securely store your NEAR coins on hardware wallets like Ledger or Trezor.

7. Apps and Games

NEAR-Integrated Apps: Engage with dApps and games built on the NEAR Protocol that may offer NEAR coins as rewards or incentives.

8. NFT Marketplaces

Paras: Purchase non-fungible tokens (NFTs) on Paras, where you can pay with NEAR coins and potentially earn rewards through participation.

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