What are NEAR Protocol and NEAR?
NEAR is the native token used in NEAR Protocol. It is used to pay transaction fees when people use applications on the network.
NEAR Protocol also uses sharding. Put simply, sharding splits network activity into smaller sections, called shards, to spread the load across the blockchain.
How to buy NEAR Protocol in Singapore
In the Crypto.com App, here is the basic flow:
- Create your account and complete identity verification.
- Add funds to your account.
- Tap 'Buy' and search for NEAR Protocol.
- Choose a payment method and enter the amount.
- Tap 'Confirm' to complete the purchase.
What payment methods can you use to buy NEAR Protocol?
In Singapore, you can hold either SGD or USD on your account.
You can fund your account by bank transfer, debit card, Apple Pay, Google Pay or by transferring crypto to your wallet. SGD deposits are made by FAST bank transfer, while USD deposits are made by Swift transfer.
Funding your account in SGD via FAST is free on Crypto.com, so you can buy NEAR Protocol without any extra funding charges.
Can you buy a fraction of NEAR Protocol?
Yes. Cryptocurrencies are highly divisible, so you don't need to buy a whole NEAR token.
The minimum purchase depends on how you pay: from SGD 1 for direct purchases with Apple Pay or Google Pay, SGD 20 by card, and SGD 50 by FAST bank transfer.




