The Near Protocol (NEAR) token has seen a strong rally over the past 24 hours as the network works with Panther to develop privacy solutions for DeFi
The Near Protocol token is trading at $7.19 at the time of writing this article. The NEAR token could multiply twenty-fold if the bulls can keep control of the current rally. The first target for the NEAR Coin is its all-time high (ATH), currently at $11.84. The token could break through its ATH soon if volumes continue to rise.
How and where to buy Near Protocol in Germany and elsewhere
You need to open a trading account with a crypto exchange/broker in order to buy/trade cryptocurrencies. When registering an account, you must provide your full name, email address and phone number. The Website will ask you to verify the account by providing proof of identity and address. This requirement is part of the Know Your Customer (KYC) regulation and can be met by presenting copies of documents such as a driver’s license and utility bill.
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What is Near Protocol?
The Near protocol is used for the development of dApps and is comparatively cheaper than other platforms such as Ethereum. It provides support for ERC-20 tokens over a bridge. The NEAR token is used for governance purposes within the network and is also used to pay transaction fees.
Should I buy NEAR today?
The Near Protocol is currently experiencing a strong rally with a steady increase in purchase volumes. The token could continue to recover in the short term if the whales continue to buy large quantities. NEAR’s early adopters could benefit from the token’s long-term price increase as the ecosystem expands. Traders could also take advantage of price volatility for short-term gains.
This article is for information purposes only – none of the content should be construed as financial or investment advice.