Is near a cryptocurrency?

As a competitor of Ethereum, NearProtocol is also smart-contract capable and a proof-of-stake (PoS) blockchain. Near uses sharding technology to achieve scalability, a core aspect discussed later. The native token, NEAR, is used for transaction fees and storage on the Near crypto platform .

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Can you invest in near protocol?

If you do have to purchase NEAR Protocol with another crypto, you’ll need to first create a crypto wallet that supports NEAR Protocol, then you’ll buy the first currency and use it to buy NEAR Protocol on the platform you chose . If you get stuck, most platforms provide guides.

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