Buy NEAR (NEAR) in India at ₹622.79

Live NEAR/INR Price

₹622.79

1.17%

Price Changes

₹7.28

1.17%

24h Low

₹614.11

24h High

₹655.0

Price

INR

Quantity

NEAR

TRADE NOW

Reasons to buy the NEAR coin

Here are some reasons why you should invest in the NEAR coin. The NEAR protocol has the following features, which make it a good thing to invest in:

• Usability: NEAR helps developers build and deploy contracts efficiently. It also allows end users to have simpler onboarding, better ease of use, and predictable and consistent pricing.

• Scalability: The platform has the ability to scale at justifiable thresholds.

• Simplicity: The NEAR protocol has been designed to help the developers achieve their goals without complicating the experience for users.

• Sustainable decentralization: The NEAR protocol also tries to set the bar to qualify as a validating node as low as possible. This is meant to encourage participation and reduce network centralization.

What is the NEAR Protocol?

The NEAR protocol is a Layer-1 blockchain—meaning a blockchain that does not depend on other chains for its operation. It is meant to be used by developers for the creation of decentralized applications (dApps). Hundreds of unique projects are already creating dApps on NEAR.

NEAR can support transactions on Ethereum and is faster and cheaper than it. With time, Near may be able to process up to 100,000 Transactions Per Second (TPS).

Some of the most popular programming languages, including JavaScript, can be used on the protocol.

Things to consider before buying the NEAR Protocol coin

These are some things you should keep in mind if you are considering buying this coin:

• While the NEAR protocol allows users to store sensitive information and high-value assets on the network, including but not limited to digital money, there have been some concerns about the rising centralization levels of the network in the past.

• The coin is currently trading around 85% below the current all-time high, which it hit on 14 January 2022.

FAQ's

1. How can you buy NEAR Protocol coins? (Use the steps here)

Follow these steps to buy the NEAR coin on the CoinSwitch App:

• Log in to the CoinSwitch App using biometric authentication or your personalized PIN code.

• Locate the search button on the top right hand corner of the home screen and then type in “NEAR.”

• Click on the coin once the name pops up.

• Navigate your way to the “Buy” button on the lower left corner of the screen.

• Select the type of order you are interested in from the three options on display: Instant, Limit, or a Systematic Investment Plan.

• Enter the INR amount you want to invest in the crypto.

• Preview your order and click Buy.

If you have enough funds in your CoinSwitch App, the transaction will go through, and you will receive confirmation very soon. Your investment will then be recorded in the relevant Portfolio section of the app, on the ribbon at the bottom.

2. Who are the founders of NEAR Protocol?

NEAR protocol was spearheaded by developer Alexander Skidanov and Artificial Intelligence researcher Illia Polosukhin. Skidanov started his career at Microsoft in 2009. Polosukhin, on the other hand, has more than 10 years of industry experience in technology. He spent three years at Google, where he was a major contributor to the development of the core search code.

3. What makes NEAR coin unique?

The NEAR protocol is unique because it uses advanced sharding technologies that can be used to scale its network infinitely.

The blockchain is similar to the “cloud-based” infrastructure that software developers develop applications, but the cloud is no longer controlled by a single company running a large data centre.

The coin has multiple utilities, which make it special. It is used:

• To pay transaction fees

• For staking

• To become a validator

• Within the dApps that the NEAR

• Protocol is used to create

4. How many NEAR coins are in circulation?

Current there are 812,963,867 NEAR coins in circulation.

5. How is the NEAR Protocol secured?

The NEAR protocol uses the Proof-of-Stake mechanism of validating transactions. So users have to stake their NEAR coins to earn the right to verify transactions. Since nodes are incentivizes for good actions like staking and penalties applied for bad actions, the security of the blockchain is ensured to a large extent.

To further decentralization and security, a block generation mechanism called Doomslug is used. Doomslug works by having a set of participants take turns to produce and broadcast blocks on the chain. Once a certain height is reached, the participant generating the block gets changed and another one takes their place.

News Feed

Is CoinSwitch safe for crypto investments?

CoinSwitch, India's largest crypto exchange, is a safe and reputed investment platform. In keeping with its mission to...

The future of cryptocurrencies

Cryptocurrencies have emerged as an attractive investment option in recent years, capturing the imagination of investors despite their high volatility.

Introducing blockchain technology

A simple explainer can be a pretty rare thing in a realm as complicated as the cryptosphere. That's what we are here to change—one article at a time.

How to invest in cryptocurrency in India

CoinSwitch is the leading crypto exchange in India. It is a mobile-only crypto exchange. CoinSwitch provides you the platform to buy and sell more than 80 coins such as BTC, ETH, MATIC, ADA, and LITE.

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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Bought on

INR

₹

Current Value

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BUY

Reasons to buy the NEAR coin

Here are some reasons why you should invest in the NEAR coin. The NEAR protocol has the following features, which make it a good thing to invest in:

• Usability: NEAR helps developers build and deploy contracts efficiently. It also allows end users to have simpler onboarding, better ease of use, and predictable and consistent pricing.

• Scalability: The platform has the ability to scale at justifiable thresholds.

• Simplicity: The NEAR protocol has been designed to help the developers achieve their goals without complicating the experience for users.

What is the NEAR Protocol?

NEAR can support transactions on Ethereum and is faster and cheaper than it. With time, Near may be able to process up to 100,000 Transactions Per Second (TPS).

Some of the most popular programming languages, including JavaScript, can be used on the protocol.

Things to consider before buying the NEAR Protocol coin

These are some things you should keep in mind if you are considering buying this coin:

• The coin is currently trading around 85% below the current all-time high, which it hit on 14 January 2022.

Highlight

Near protocol Price Statistics

NEAR Price Today

NEAR Price

₹622.79

Price Change 24h

1.17%

Price Change 7d

11.38%

Market Rank

#24

Market Cap

₹74,254 Cr.

Trade Vol 24h

₹5,229 Cr

Circulating Supply

₹122 Cr. NEAR

Trading Activity

62% Buy38% Sell

FAQ's

1. How can you buy NEAR Protocol coins? (Use the steps here)

Follow these steps to buy the NEAR coin on the CoinSwitch App:

• Log in to the CoinSwitch App using biometric authentication or your personalized PIN code.

• Locate the search button on the top right hand corner of the home screen and then type in “NEAR.”

• Click on the coin once the name pops up.

• Navigate your way to the “Buy” button on the lower left corner of the screen.

• Select the type of order you are interested in from the three options on display: Instant, Limit, or a Systematic Investment Plan.

• Enter the INR amount you want to invest in the crypto.

• Preview your order and click Buy.

2. Who are the founders of NEAR Protocol?

3. What makes NEAR coin unique?

The NEAR protocol is unique because it uses advanced sharding technologies that can be used to scale its network infinitely.

The blockchain is similar to the “cloud-based” infrastructure that software developers develop applications, but the cloud is no longer controlled by a single company running a large data centre.

The coin has multiple utilities, which make it special. It is used:

• To pay transaction fees

• For staking

• To become a validator

• Within the dApps that the NEAR

• Protocol is used to create

4. How many NEAR coins are in circulation?

Current there are 812,963,867 NEAR coins in circulation.

5. How is the NEAR Protocol secured?

News Feed

Is CoinSwitch safe for crypto investments?

CoinSwitch, India's largest crypto exchange, is a safe and reputed investment platform. In keeping with its mission to...

The future of cryptocurrencies

Cryptocurrencies have emerged as an attractive investment option in recent years, capturing the imagination of investors despite their high volatility.

Introducing blockchain technology

A simple explainer can be a pretty rare thing in a realm as complicated as the cryptosphere. That's what we are here to change—one article at a time.

How to invest in cryptocurrency in India

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+3.77%

MOVE

Movement

₹56.0352

-12.36%

POL

Pol (ex-matic)

₹55.71

-1.73%

OMG

Omisego

₹44.04

+0.018%

MOODENG

Moo deng (moodengsol.com)

₹35.338

-1.08%

ORDER

Orderly network

₹20.4933

-2.82%

DAR

Mines of dalarnia

₹17.5317

+1.37%

NKN

Nkn

₹10.8577

+0.86%

MEME

Memecoin

₹1.2802

-0.82%

MEMEFI

Memefi

₹0.653744

-7.87%

METIS

Metis

₹5,102.2808

+2.75%

OGN

Origin protocol

₹12.793

+3.58%

MYRO

Myro

₹9.053

-1.48%

MIGGLES

Mr miggles

₹8.62978

-4.74%

XEM

Nem

₹3.015

+6.64%

CKB

Nervos network

₹1.2879

+0.25%

NOT

Notcoin

₹0.7462

-1.2%

MOG

Mog coin

₹0.000276

-4.92%

NEO

Neo

₹1,642.81

-0.57%

NMR

Numeraire

₹2,030.58

+0.95%

ORDI

Ordi

₹3,352.3

+1.35%

OMNI

Omni network

₹1,131.48

+10.46%

RENDER

Render

₹846.19

-0.5%

DOT

Polkadot

₹809.5

+0.49%

RNDR

Render token

₹780.6722

+1.84%

PENDLE

Pendle

₹548.08

-1.32%

RAY

Raydium

₹492.2836

-0.086%

XRP

Ripple

₹211.08

-1.12%

SAFE

Safe

₹115.0338

-0.87%

POPCAT

Popcat (sol)

₹111.33

+0.0035%

SCR

Scroll

₹106.2334

+3.25%

PERP

Perpetual protocol

₹96.48

+0.46%

SFP

Safepal

₹65.186

+3.02%

SPX

Spx6900

₹61.6208

-9.55%

SEI

Sei

₹54.2482

-1.31%

MATIC

Polygon

₹50.9955

-1.62%

Space id

₹48.914

-0.13%

PONKE

Ponke

₹44.1636

-5.41%

PYTH

Pyth network

₹40.4

+1.81%

POLYX

Polymesh

₹32.1

+1.49%

POWR

Power ledger

₹27.332

+1.98%

PIXEL

Pixels

₹21.4712

-0.49%

GMT

Stepn

₹18.3

+2.06%

PHA

Phala network

₹15.87664

+2.56%

SUNDOG

Sundog

₹13.17

-4.27%

REQ

Request

₹11.822

+4.88%

RDNT

Radiant capital

₹7.36

+0.43%

SKL

Skale

₹6.10101

-0.6%

RSR

Reserve rights

₹1.30048

-1.57%

PEPE

Pepe

₹0.00213

-5.0%

QNT

Quant

₹12,623.0

-1.26%

REZ

Renzo

₹4.8

+2.91%

REN

Republic protocol

₹4.049

-1.52%

QKC

Quarkchain

₹1.059481

+6.82%

RPL

Rocket pool

₹1,394.0

+8.61%

RUNE

Thorchain

₹582.1

+1.91%

TON

Toncoin

₹578.84

-0.76%

SUI

Sui

₹418.21

+2.51%

UMA

Uma

₹336.72

+4.79%

SNX

Synthetix network token

₹280.83

+7.47%

THETA

Theta network

₹238.419

+3.13%

STX

Stacks

₹211.18

-1.86%

SUSHI

Sushi

₹197.18

-2.22%

SUPER

Superverse

₹186.111

-0.11%

THE

Thena

₹161.1371

-4.15%

XTZ

Tezos

₹133.18

-0.34%

TWT

Trust wallet token

₹120.8888

-0.24%

USDT

Tether

₹89.8

-0.06%

SYN

Synapse

₹70.8952

+6.18%

SAND

The sandbox

₹68.68

-1.45%

AGIX

Singularitynet

₹66.04

+0.067%

TNSR

Tensor

₹63.2821

-2.04%

STRK

Starknet

₹59.45

+0.23%

STORJ

Storj

₹53.76

+0.58%

LUNA2

Terra 2.0

₹51.17

-0.49%

XLM

Stellar

₹38.441

-1.68%

SXP

Solar

₹34.729

+0.8%

STG

Stargate finance

₹33.0554

-0.25%

FIDA

Solana name service

₹29.4364

-3.5%

TRX

Tron

₹26.753

+5.26%

TRU

Truefi

₹11.4046

-0.25%

TFUEL

Theta fuel

₹7.2898

+0.44%

SNT

Status

₹5.083048

-0.39%

CAT

Simon's cat

₹0.003904

-7.62%

SOL

Solana

₹20,360.39

-0.6%

XVS

Venus

₹989.596

+6.07%

Io.net

₹370.13

+0.81%

PYR

Vulcan forged (pyr)

₹357.4938

-0.38%

WLD

Worldcoin

₹279.05

-1.2%

WIF

Dogwifhat

₹264.82

-3.28%

ETHFI

Ether.fi

₹243.77

+3.14%

RLC

Iexec rlc

₹230.94

+4.07%

DYDX

Dydx

₹197.07

+4.7%

USDC

Usd coin

₹88.2481

-0.016%

YGG

Yield guild games

₹62.87

+0.27%

UXLINK

Uxlink

₹53.9608

+3.63%

UNI

Uniswap

₹1,569.56

+3.21%

VIRTUAL

Virtuals protocol

₹191.6332

+12.56%

WAVES

Waves

₹189.38

+4.72%

PEAQ

Peaq

₹53.7453

-6.52%

ELF

Aelf

₹48.025

+0.044%

XAI

Xai

₹30.24

-1.13%

Wormhole

₹30.02

-3.08%

WOO

Woo

₹26.4012

-0.69%

GRT

The graph

₹25.496

-1.26%

VOXEL

Voxies

₹22.441

+2.59%

Zksync

₹20.91

-2.52%

VANRY

Vanar chain

₹13.82022

+2.98%

BCUT

Bitscrunch

₹9.33

+3.09%

VET

Vechain

₹5.297

+0.99%

ZIL

Zilliqa

₹2.5216

-0.32%

SUN

Sun (new)

₹2.3802

+2.56%

HIPPO

Sudeng

₹1.195867

+4.99%

TURBO

Turbo

₹1.1054

-5.76%

MEW

Cat in a dogs world

₹0.73679

-5.41%

TEL

Telcoin

₹0.627073

+0.95%

VTHO

Vethor token

₹0.325345

+4.35%

X empire

₹0.019038

-5.72%

XEC

Ecash

₹0.004052

-0.043%

SHIB

Shiba inu

₹0.002515

-2.19%

YFI

Yearn.finance

₹10,23,382.0

-1.54%

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