NEAR Protocol is an open-source Proof of Stake (PoS) blockchain well positioned for the dApp economy. The software incentivises a network of computers to operate a platform for developers to create and launch decentralized applications. NEAR Protocol includes an application called the Rainbow Bridge that allows anyone to easily transfer Ethereum tokens back and forth between Ethereum and NEAR. Aurora is a Layer 2 scaling solution built on NEAR Protocol that allows developers to launch Ethereum decentralized applications on NEAR’s network. They can use the NEAR token to stake, pay for transactions and data storage fees and vote for governance proposals. The NEAR token is deployed on the Ethereum network.
How To Buy NEAR Protocol or Add it to your Strategy
The fastest, most convenient way to purchase NEAR Protocol is to purchase it on ICONOMI. We check NEAR Protocol live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy NEAR Protocol by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if NEAR Protocol is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy NEAR Protocol, we recommend you read the next section, as copying might be a better approach.
Add NEAR Protocol to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have NEAR Protocol in their structure.
