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What is NEAR? Detailed introduction to NEAR coin trading platforms and total volume

NEAR's user-friendly interface and decentralized nature make it an attractive option for developers seeking to create and deploy blockchain applications.

Oct 02, 2024 at 06:42 am

What is NEAR?

NEAR is a decentralized application platform that uses sharding technology to achieve scalability. It was founded in 2018 by Alexander Skidanov and Illia Polosukhin. NEAR's native token, NEAR, is used for staking, governance, and transaction fees.

Key features of NEAR:

  • Scalability: NEAR can process up to 100,000 transactions per second.
  • Security: NEAR uses a proof-of-stake consensus mechanism, which is more secure than proof-of-work.
  • Decentralization: NEAR is a decentralized platform, meaning that it is not controlled by any single entity.
  • User-friendliness: NEAR is easy to use, even for beginners.

NEAR coin trading platforms

NEAR coins can be traded on a variety of exchanges, including:

  • Binance
  • Coinbase
  • Huobi
  • FTX
  • Kraken

Total volume

The total trading volume of NEAR coins is over $1 billion.

Conclusion

NEAR is a promising decentralized application platform with a number of key features. It is scalable, secure, decentralized, and user-friendly. NEAR coins can be traded on a variety of exchanges, and the total trading volume is over $1 billion.

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