Crypto Conversion Simplified : NEAR to INR

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Here are some steps you will need to follow to buy NEAR on CoinSwitch:

• Log in to the CoinSwitch app or portal using biometric authentication or your personalized pin code.

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

• After you click on the coin, navigate to the Buy button, which is placed at the left corner at the bottom of your screen.

• Select the type of order you want to go for from the options available: Instant, Limit, or a Systematic Investment Plan.

• Enter the Indian National Rupee (INR) amount you want to invest in NEAR.

• Preview your order and click Buy.

So long as you have enough funds in your CoinSwitch wallet, the transaction will go through and a confirmation your order will be visible to you. Depending on the order type, your investment will be recorded on the Portfolio section of the app, which you can find on the bottom ribbon.

• Instant: When you select an instant order, the INR amount entered gets converted to the crypto you have chosen, in keeping its market price at that moment. Instant orders get fulfilled immediately, provided there’s enough liquidity. Your investments get reflected in the Portfolio section on the app after a short while.

• Limit: The limit order option is useful when you want to buy crypto at a specific price. With these orders, you don’t want to wait for the coin’s price to hit your target. Once placed, limit orders take care of themselves and get executed on their own in the background. Users can also choose whether they want to receive a notification when this happens. Investments get reflected in the app’s Portfolio section a short while afterward.

• Systematic Investment Plan (SIP): This is a good option when you want to make a long-term investment in a particular crypto. You can select the amount of money you want to invest every month and click confirm. All you need to do is ensure that you have enough funds in your account to fulfil these orders each month. SIPs are great investment tools for cost-averaging your investments and HODLing.