WhiteBIT exchange will list NEAR with NEAR/BTC, NEAR/ETH, and NEAR/USDT pairs. Launched in Dec 2018, WhiteBIT is a European-centralized exchange that offers crypto-to-crypto and crypto-to-fiat transactions with 0.1% trading fees. With European Exchange and Custody licenses, WhiteBIT meets KYC and AML requirements.
WhiteBIT also offers instant transactions with P2P codes, possibility of staking, private and public API and different trading tools: limit, market, stop limit and stop market orders. Quick deposits and withdrawals are carried out with InstantSend by Dash.
NEAR Protocol is a collective, a foundation, and a development platform built on a new layer-one blockchain. It was designed as a community-run cloud computing platform and it tackles some blockchain limitations, such as low transaction speeds, low throughput and poor interoperability. These features provide the ideal environment for DApps and creates a developer and user-friendly platform.
The NEAR Foundation (NF) helped to launch both a technological platform (the NEAR Protocol) and the ecosystem around it. NEAR is described on the website as sustainable and its PoS network was certified as carbon-neutral in February 2021. It has lower transaction fees for users and developers earn 30% of transaction fees, so it is cost-effective, as well as “secure, friendly, harmonious and pragmatic.”
Besides, NEAR uses Nightshade technology, which improves transaction throughput massively. It is a variation of sharding, in which individual sets of validators process transactions in parallel across multiple sharded chains, improving the overall capacity of the blockchain. Thanks to Nightshade, NEAR can achieve up to 100,000 transactions per second and transactions are almost instantaneous thanks to a one-second block cadence while simultaneously keeping transaction fees at virtually zero.According to CoinMarketCap, the price of NEAR Protocol at the moment of writing is US$13,53 with a 24-hour trading volume of US$822.191.772. It is currently ranked number 22 in CoinMarketCap’s ranking, with a live market cap of US$8.559.421.342. It has a circulating supply of 632.632.475 NEAR coins and a maximum supply of 1.000.000.000 NEAR coins.
