How to buy Near (NEAR) in the US

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Near?

Near is a smart contract blockchain platform, which competes with Ethereum 2.0 and is designed to be compatible with many of its features (including existing tokens and solidity contracts). According to its website, you can use Near to create a decentralized application in 5 minutes. As a NEAR token holder you can use applications on NEAR, participate in network governance and earn token rewards. There are two major groups who use the NEAR token: users who are using apps built on the NEAR platform and token holders who lend their tokens to a validating pool in exchange for returns. NEAR tokens were launched in August 2020 via an initial coin offering (ICO) which raised US$10 million at $0.40 per coin.

Near (NEAR) is the 49th largest cryptocurrency in the world by market cap, valued at $4,050,581,865. The current price of Near is $9.03, which is 7.704% higher than yesterday. Prices have ranged between $9.03 and $8.15 over the past 24 hours. All prices are listed in US dollars and accurate as of September 18, 2021 11:09 UTC.

Where to buy Near

Find an exchange to buy, sell and trade NEAR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Is it a good time to buy Near?

The technical analysis gauge for Near displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Near based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility. This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Near: moving averages, oscillators and pivots. Finder is not responsible for how NEAR performs.

Near at a glance

Information last updated September 18, 2021 11:09 UTC.

Coin symbol	NEAR
Total NEAR supply	1,000,000,000
Circulating NEAR	462,587,909
Current price	US$9.03
All time high	US$11.84
Notable team members	Alexander Skidanov, Illia Polosukhin
Partnerships	The Graph
Industry	Blockchain platform
Token uses	Utility token
Network	NEAR

Near price performance over time

Historical prices compared with the price of US$9.03.

1 hour	1.33%
24 hours	7.70%
7 days	-8.86%
14 days	46.12%

30 days	105.43%
60 days	415.57%
200 days	114.77%
1 year	N/A

How to sell Near

You can cash out your NEAR with the same exchange you bought it through:

1. Sign in to the exchange you have NEAR on.
   If you store your Near in a digital wallet, compare crypto exchanges to sell it on.
2. Place a sell order.
   Choose the amount of NEAR you'd like to sell.
3. Complete your transaction.
   Confirm the sell price and fees and close your sale of Near.

What to consider when buying Near

Buying a cryptocurrency carries inherent risks and is often subject to price volatility. Before buying NEAR tokens here are some of the important factors to consider:

• Supply. When NEAR tokens were launched in 2020, there were 1 billion NEAR tokens. Every year the supply will increase by a maximum of 5% in order to pay network validators. According to the Near blog, the network will burn transaction fees it collects so that token supply will be reduced over time as the Near network grows.
• Staking vs holding. NEAR is currently minted at a maximum of 5% per year which means it is subject to a 5% annual inflation rate. This means you should consider the benefits of staking if you plan to hold NEAR long-term, in order to both benefit from and protect against inflation.
• Competition. The Near platform competes with other blockchain platforms such as Ethereum 2.0 and Polkadot.

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