$NEAR Token Is Getting Listed On The LCX Exchange
a LCX Team · · Updated May 30, 2025
We are happy to announce the listing of $NEAR. Starting on Tuesday, 21st January 2025, at 12 PM CET. LCX Exchange will support the $NEAR. Deposits will start on – Tuesday, 21st January 2025, at 12 PM CET. The trading pair $NEAR / EUR will be listed.
What is NEAR Protocol (NEAR)?
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform.
For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”
NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
What Makes NEAR Protocol (NEAR) Unique?
NEAR uses its Nightshade technology to improve transaction throughput massively. Nightshade 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. In contrast to “regular” sharding, shards in Nightshade produce a fraction of the next block, called “chunks.” In doing so, NEAR Protocol is able to achieve up to 100,000 transactions per second and achieve near-instant transaction finality thanks to a one-second block cadence while simultaneously keeping transaction fees at virtually zero.
NEAR Protocol also improves upon the convoluted onboarding process of other blockchains by having human-readable addresses and building decentralized applications with similar registration flow to what users have already experienced. Moreover, it provides developers with modular components, helping them start projects like token contracts or NFTs more quickly.
Users can sign up for an LCX Account here
Start Trading $NEAR
Launch LCX ExchangeDeposits: Deposits open on Tuesday, 21st January 2025, at 12 PM CET
Pair Listing Details:
$NEAR /EUR starting on Tuesday, 21st January 2025, at 12 PM CET
How to deposit $NEAR?
Go to LCX Accounts > Wallet
Scroll down to $NEAR.
Click on the “Deposit” tab next to $NEAR.
Your deposit address will be displayed on the screen.
Send $NEAR to this address.
This content is provided for informational purposes only and does not constitute financial, legal, or investment advice. The buying, selling, and trading of cryptocurrencies and digital assets involve significant risk and may result in the loss of your entire investment. Always conduct your research and consult a qualified advisor before making financial decisions. LCX is a regulated entity operating in accordance with the Liechtenstein Blockchain Act. It has approvals for roles including token generator, token issuer, and exchange service provider. LCX provides technology and compliance infrastructure for digital asset services.