What is a NEAR Protocol wallet
What is a NEAR Protocol wallet, exactly, and why do you need one?
Simply put, a NEAR wallet is a device, app or online service used to receive and manage your crypto. Every NEAR Protocol wallet has a public address used to receive crypto and a private key used to manage it. The public address can be freely shared – in fact, you need to provide it to receive your crypto from someone else. The private key, however, must remain secret to keep your wallet safe.
With a variety of crypto wallets out there, choosing a suitable one for the NEAR Protocol might initially seem challenging. Think about your requirements:
Access to your wallet provides full access to your crypto, so pick the safest NEAR Protocol wallet;
Make sure you can always access your NEAR wallet – without it, you cannot access your crypto;
Consider how you'll use your NEAR Protocol wallet – ease-of-use matters.
We've kept all these things in mind when designing the Paybis wallet. It is a free and secure NEAR Protocol wallet you can access right from your browser – no devices or apps necessary.
We want to note, however, that custodial wallets, like Paybis Wallet, have some inherent risk. Please read our detailed article explaining those risks and also how we address those risks.
Getting started with your NEAR wallet
We offer an online NEAR Protocol wallet you can access right from your Paybis profile. If you already have a Paybis profile, log in – and, if you don't, signing up only takes a few minutes.
Once you've logged on, you can get your free NEAR wallet in three easy steps:
Click the “Wallets” tab on top of the page;
Select “Wallet” from the upper right hand corner;
Pick “NEAR Protocol” from the dropdown menu.
That's it – you now have a full-featured NEAR Protocol wallet you can start using right away.
Using your NEAR Protocol wallet
We've learned what is a NEAR Protocol wallet, why you need it and how you can get it. Now, let's see what you can do with it.
Your new NEAR wallet is empty, so you may want to start by adding some crypto to it. You have the option to deposit cryptocurrency from an external source using your public address, or alternatively, you can acquire cryptocurrency directly on this page (not available in the UK).
Many crypto enthusiasts choose to keep their crypto in their wallet, waiting for it to increase in value. Our free NEAR Protocol wallet is also suitable for this purporase – there are never any maintenance fees and you're always in charge of your crypto.
And, of course, you can always send your crypto to another NEAR Protocol wallet – there are no restrictions or withdrawal fees, apart from the standard blockchain network fees.
Is this the right wallet for NEAR? The decision is yours. Try it out for yourself and see!