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What is NEAR?

NEAR Protocol (NEAR) is a high-performance blockchain platform built for speed, scalability, and developer friendliness. Designed to make decentralised applications accessible to everyone, NEAR processes transactions at lightning speed with minimal fees. With a rapidly growing ecosystem of DeFi, NFT, and Web3 projects and strong backing from leading global investors, buying NEAR is an increasingly popular choice for forward-thinking crypto investors. Whether you're new to NEAR or expanding your crypto portfolio, UpTrade is Australia's trusted NEAR broker — making it simple, secure, and fast for investors across Australia.

How to get started

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Complete your account application online in a matter of minutes.

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Step 2

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Discuss digital assets you may trade , your risk appetite, and your investment support needs with your dedicated crypto broker. *

We’ll also answer any specific questions you might have to ensure you get the most out of our services.*

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Step 3

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Access 500+ digital assets and 24/7 service and support from your dedicated crypto broker.

Each and every trade follows strict broker-to-trader approvals.

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Keep your investment on track with monthly performance portfolio reports, in-depth market analysis and research, and investment guidance.

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NEAR Protocol FAQs

What is the Rainbow Bridge on NEAR Protocol?
The Rainbow Bridge is NEAR Protocol's trustless, permissionless cross-chain bridge that connects NEAR to the Ethereum network. It allows users to transfer ERC-20 tokens, NFTs, and other assets between Ethereum and NEAR without relying on a centralized intermediary. This makes it easier for Ethereum developers and users to leverage NEAR's lower fees and faster speeds.
How can I stake NEAR tokens?
You can stake NEAR tokens by delegating them to a validator through the NEAR wallet or compatible wallets like MyNearWallet. Staking helps secure the network and in return you earn staking rewards distributed as a percentage of the staked amount over time. There is no minimum lock-up period for delegated staking on NEAR, giving you flexibility to unstake when needed.
What is NEAR Protocol?
NEAR Protocol is a decentralized, open-source blockchain platform designed for scalability and ease of use. It uses a sharding technique called Nightshade to process transactions in parallel, making it faster and cheaper than many other blockchains. NEAR is built to support decentralized applications (dApps) and is developer-friendly, with support for Rust and JavaScript smart contracts.
How does NEAR Protocol achieve scalability?
NEAR Protocol achieves scalability through a sharding mechanism called Nightshade. Rather than every node processing every transaction, the network is split into multiple shards that process transactions in parallel. This allows throughput to increase as the network grows, enabling NEAR to handle thousands of transactions per second with low fees.
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