BitMart Officially Integrates with the NEAR Protocol

BitMart, a premier global digital asset trading platform, is pleased to announce official integration with the NEAR Protocol. NEAR, the native token of the NEAR Protocol, was listed on BitMart on July 22, 2021.

NEAR is a secure decentralized application platform that is built atop a public proof-of-stake blockchain. As a smart contract platform, the protocol also supports interoperability with Ethereum and other decentralized application platforms.

To increase transaction speed and capacity, NEAR Protocol uses a new sharding mechanism called “Nightshade”, which splits the network into multiple pieces so that the computation is done in parallel. Parallelism can increase throughput and allow the network to scale up as the number of nodes increases. With NEAR, there isn’t a theoretical limit on the network’s capacity.

NEAR’s unique account model allows developers to build secure and pragmatic apps that consumers can use similarly to today’s web apps, which requires multiple second-layer add-ons on other blockchains.

“NEAR provides a user-friendly platform that is easy to build, use and maintain,” Sheldon Xia, Founder and CEO at BitMart, commented, “We firmly believe that our official integration with NEAR will help decentralized applications make a bigger impact to the blockchain community.” 

“From day 1, NEAR has been about experience and our ecosystem is ready for mass adoption now,” Illia Polosukhin, Co-Founder of NEAR, commented, “The integration with BitMart will help users and communities to find decentralized applications with great experience on NEAR.”

About BitMart

BitMart Exchange is a premier global digital assets trading platform with over 5.5 million users worldwide and ranked among the top crypto exchanges on CoinGecko. BitMart currently offers 550+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.

About NEAR

NEAR is an open source platform that enables creators, communities, and markets to drive a more open, interconnected and consumer-empowered world. The NEAR token enables token holders to use applications on NEAR, participate in network governance, and earn token rewards by staking to the network. To learn more about NEAR, please visit their official website, join their Twitter and Telegram.

Related Articles

KuCoin Launches ZKT’s World Premiere and Takes Part in zkTube Layer2 Mining

zkTube is the world’s first Layer 2 mining protocol based on ZK-Rollup technology. Starting from 2020, in Melbourne-Australia, the company has achieved several significant...

Buying Your First Crypto? 10 Things You Should Know

Between dogecoin’s cameos on U.S. television and bitcoin’s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before. Skyrocketing prices...

Weekly and 4 Hr Chart Analyses Reveals Buy Signal for Polygon

Polygon recently set a new record for highest bounty paid in DeFi. The team at Polygon paid a two million US dollar worth of...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

KuCoin Launches ZKT’s World Premiere and Takes Part in zkTube Layer2 Mining

zkTube is the world’s first Layer 2 mining protocol based on ZK-Rollup technology. Starting from 2020, in Melbourne-Australia, the company has achieved several significant...

Buying Your First Crypto? 10 Things You Should Know

Between dogecoin’s cameos on U.S. television and bitcoin’s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before. Skyrocketing prices...

Weekly and 4 Hr Chart Analyses Reveals Buy Signal for Polygon

Polygon recently set a new record for highest bounty paid in DeFi. The team at Polygon paid a two million US dollar worth of...

New Ethereum-to-Cardano Bridge Will Provide NFT Creators Eco-friendly Options

Bondly has announced a new functionality on the Cardano blockchain that is aimed at creators. Energy consumption has been a major problem on the...

Near Protocol Offers $800M in Grants in Bid for DeFi Mindshare

While the Fantom, Harmony, Avalanche and Celo blockchains have all launched nine-figure ecosystem development funds, Near may be setting a new high-water mark with...