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What are the potential uses of NEAR token on Coinbase?

avatarSimone_CherryJan 12, 2022 · 3 years ago1 answers

Can you explain the various potential use cases for the NEAR token on the Coinbase platform? How can users benefit from holding NEAR tokens on Coinbase?

What are the potential uses of NEAR token on Coinbase?
NEAR Token
Coinbase
Potential Uses

1 answers

  • avatarJan 12, 2022 · 3 years ago
    The NEAR token on Coinbase opens up a world of potential uses for users. Firstly, NEAR tokens can be used to interact with and benefit from the various dApps built on the NEAR Protocol. These dApps span across different industries, offering users opportunities in finance, gaming, and social media. By holding NEAR tokens, users can access these applications and potentially earn rewards or participate in governance decisions. Additionally, NEAR tokens can be staked to support the security and operation of the NEAR network, allowing users to earn staking rewards. Lastly, NEAR tokens can be traded on Coinbase, providing users with liquidity and the ability to diversify their cryptocurrency portfolio.

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