What is NEAR coin? Introduction to platforms that can buy and sell NEAR coins

What is NEAR Coin?

NEAR is a blockchain platform designed for ease of use and scalability. It aims to provide a user-friendly experience for developers and a fast, secure, and low-cost network for users. NEAR uses a unique consensus mechanism called Nightshade, which allows for parallel processing of transactions, significantly increasing the network's throughput.

Platforms to Buy and Sell NEAR Coins

1. Binance: Binance is one of the world's largest cryptocurrency exchanges, with a wide range of coins and tokens available for trading. It offers various NEAR trading pairs, including BTC/NEAR and ETH/NEAR.
2. Crypto.com: Crypto.com is another popular cryptocurrency exchange with a user-friendly interface and high liquidity. It supports NEAR trading pairs such as BTC/NEAR, USDT/NEAR, and EUR/NEAR.
3. Gate.io: Gate.io is a long-established cryptocurrency exchange with a wide selection of altcoins. It provides NEAR trading pairs with BTC, ETH, USDT, and several other tokens.
4. Huobi Global: Huobi Global is a leading cryptocurrency exchange in Asia. It offers NEAR trading pairs with BTC, ETH, USDT, and various other coins.
5. OKX: OKX is a cryptocurrency exchange known for its advanced trading features and high liquidity. It supports NEAR trading pairs with BTC, ETH, USDT, and other popular cryptocurrencies.

How to Buy NEAR Coins

1. Create an Account: Sign up for an account on one of the mentioned exchanges.
2. Verify Identity: Complete the identity verification process to comply with anti-money laundering regulations.
3. Deposit Funds: Deposit funds into your account using a supported method, such as bank transfer or credit/debit card.
4. Buy NEAR: Once funds are deposited, navigate to the NEAR trading page and place a buy order. Choose the desired trading pair and enter the amount of NEAR you want to purchase.
5. Confirm Transaction: Review the order details and execute the transaction. NEAR coins will be credited to your exchange wallet upon successful completion.

How to Sell NEAR Coins

1. Navigate to Trading Page: Go to the NEAR trading page on the exchange.
2. Select Sell Option: Choose the relevant NEAR trading pair (e.g., NEAR/BTC) and select the "Sell" option.
3. Enter Amount: Specify the amount of NEAR you want to sell.
4. Place Order: Set the desired sell price and place the sell order.
5. Confirm Transaction: Review the order details and execute the transaction. Upon successful completion, the proceeds from the NEAR sale will be credited to your exchange wallet in the selected currency.