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What is NEAR Protocol?

Near Protocol (NEAR) is a decentralised application platform that seeks to accelerate the process of dApp development.

  • The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade. This consensus aims to provide dynamic scalability to stabilise fees.
  • NEAR Protocol created a set of tools that assist with development, on-boarding, integration and more.
  • NEAR token is the native utility token used for fees, staking and governance voting.

Near Protocol has set out to build a technology framework designed to make apps similarly usable to those on today's web.

How do I swap NEAR Protocol?

Enter amount to swap
Select the quantity of NEAR Protocol you would like to swap.
Select coin to swap with
Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about NEAR Protocol

Why Should I Trade NEAR with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell NEAR Protocol no matter what your trading experience is. Unlike other international and Australian NEAR Protocol exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy NEAR Protocol with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade NEAR Protocol how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your NEAR Protocol?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your NEAR Protocol for free.

Cold Storage

If you are holding NEAR Protocol as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy NEAR Protocol. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for NEAR Protocol. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
NEAR Protocol has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As NEAR Protocol is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual NEAR Protocol exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in NEAR Protocol & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying NEAR Protocol safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your NEAR Protocol portfolio here.
Yes! With CoinSpot you can convert your NEAR Protocol to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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and start earning!