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NEAR/BDT: Convert NEAR Protocol (NEAR) to Bangladeshi Taka (BDT)

1 NEAR Protocol equals BDT 590.02 Bangladeshi Taka

Last update: 2:31 AM, June 20, 2024

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Overview

About NEAR Protocol (NEAR)

NEAR is the native token of the NEAR Protocol, a highly scalable blockchain network that provides a developer-friendly, decentralized application platform. NEAR tokens are used to pay network fees and can be staked to enhance network security.

NEAR Protocol (NEAR) is a layer-one blockchain designed to function as a community-run cloud computing platform. It aims to address some of the limitations that have been challenging other blockchains, such as low transaction speeds, limited throughput, and poor interoperability. NEAR Protocol provides a conducive environment for decentralized applications (DApps) and strives to create a platform that is both developer and user-friendly. For example, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to other platforms. NEAR Protocol is being developed by the NEAR Collective, a community that is continually updating the initial code and releasing updates to the ecosystem.

NEAR Protocol operates using its unique consensus mechanism known as "Doomslug." It also employs its Nightshade technology to significantly improve transaction throughput. Nightshade is a variation of sharding, where individual sets of validators process transactions in parallel across multiple sharded chains, enhancing the overall capacity of the blockchain. NEAR Protocol aims to achieve up to 100,000 transactions per second and near-instant transaction finality thanks to a one-second block cadence, while keeping transaction fees virtually zero. Additionally, NEAR Protocol simplifies the onboarding process of other blockchains by having human-readable addresses and building decentralized applications with a similar registration flow to what users have already experienced.

NEAR Protocol is designed to manage high-value assets and make them useful for everyday people. It provides a platform for the development of various projects. For example, Flux, a protocol that allows developers to create markets based on assets, commodities, and real-world events, and Mintbase, a platform for minting non-fungible tokens (NFTs), are examples of projects being built on NEAR Protocol. The NEAR token is used for processing transactions and storing data, running validator nodes on the network via staking NEAR tokens, and for governance votes to determine how network resources are allocated.

NEAR Protocol was founded by Erik Trautman, Illia Polosukhin, and Alexander Skidanov. Erik Trautman is an entrepreneur with experience on Wall Street and the founder of Viking Education. Illia Polosukhin has over ten years of industry experience, including three years at Google. Alexander Skidanov is a computer scientist who worked at Microsoft and later joined memSQL, where he became the director of engineering. The NEAR Protocol team includes several International Collegiate Programming Contest (ICPC) gold medalists and winners. NEAR Protocol launched its mainnet on April 22, 2020, with 1 billion NEAR tokens created at genesis.

How NEAR Protocol (NEAR) and Bangladeshi Taka (BDT) differ

NEAR Protocol and Bangladeshi Taka are two distinct forms of value exchange, each with unique characteristics. NEAR Protocol is a layer-one blockchain platform that aims to address limitations in transaction speeds, throughput, and interoperability found in other blockchains. It operates using a unique consensus mechanism known as "Doomslug" and employs Nightshade technology to improve transaction throughput. NEAR Protocol is designed to manage high-value assets and make them useful for everyday people, providing a platform for the development of various projects. On the other hand, the Bangladeshi Taka is the official currency of Bangladesh, a physical form of value exchange regulated by the Bangladesh Bank. Unlike NEAR Protocol, which is digital and operates on a decentralized network, the Taka is a centralized currency, subject to monetary policies and regulations set by the government. The Taka is used for all types of transactions within Bangladesh, while NEAR Protocol, with its focus on high-value assets, is used for processing transactions, storing data, running validator nodes, and governance votes within its network.

NEAR Protocol Markets

NEAR Protocol is falling this week.

The current price of NEAR Protocol is BDT 590.02 per NEAR. With a circulating supply of 1,090,033,918 NEAR, it means that NEAR Protocol has a total market cap of BDT 641,969,422,736.63. The amount of NEAR Protocol traded has fallen by BDT 10,573,386,637.07 in the last 24 hours, which is a 32.12% decrease. Additionally, in the last day, BDT 32,914,992,346.70 worth of NEAR has been traded.

Market cap

$642.0B

Volume (24h)

$32.9B

Circulating supply

1.1B NEAR

FAQ

How much is 1 NEAR Protocol in BDT?

Right now, 1 NEAR Protocol is worth about BDT 590.02.

How much NEAR could I buy for 1 BDT?

Based on the current rate, you could get 0.0017 NEAR for 1 BDT.

How much has the price of NEAR Protocol changed?

NEAR Protocol price has been on the rise. Since yesterday, the exchange rate of NEAR Protocol has increased. Since last month, the exchange rate of NEAR Protocol has decreased. Since this time last year, the price of NEAR Protocol has increased.

How do I calculate or convert NEAR to BDT?

You can use our NEAR to BDT calculator at the top of this page to convert any amount of NEAR to BDT. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BDT is equivalent to 0.0085 NEAR. Inversely, 5 NEAR will cost about 2,950.1189 BDT.

How can I buy 1 NEAR Protocol on Coinbase?

NEAR Protocol is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy NEAR Protocol.

What are assets similar to NEAR Protocol that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to NEAR Protocol, including Filecoin, Ethereum Classic, and Bittensor. For a more robust list of assets to explore, jump to the asset page dedicated to NEAR Protocol.

Conversion tables

The exchange rate of NEAR Protocol is decreasing.

The current value of 1 NEAR is BDT 590.02 BDT. In other words, to buy 5 NEAR Protocol, it would cost you BDT 2,950.12 BDT. Inversely, BDT 1.00 BDT would allow you to trade for 0.0017 NEAR while BDT 50.00 BDT would convert to 0.0847 NEAR, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 20.34%. Meanwhile, in the last 24 hours, the rate has changed by 1.85%, which means that the the highest exchange rate of 1 NEAR to Bangladeshi Taka was 5.114 BDT and the lowest 24 hour value was 1 NEAR for 4.861 BDT. This time last month, the value of 1 NEAR was BDT 933.59 BDT, which is a 36.8% increase from where it is now. Looking back a year, NEAR Protocol has changed by -BDT 437.49 BDT.

NEAR to BDT

Amount
Today at 2:31 am
0.5 NEAR
BDT 295.01
1 NEAR
BDT 590.02
5 NEAR
BDT 2,950.12
10 NEAR
BDT 5,900.24
50 NEAR
BDT 29,501.19
100 NEAR
BDT 59,002.38
500 NEAR
BDT 295,011.89
1,000 NEAR
BDT 590,023.77

BDT to NEAR

Amount
Today at 2:31 am
0.5 BDT
0.000847 NEAR
1 BDT
0.0017 NEAR
5 BDT
0.0085 NEAR
10 BDT
0.0169 NEAR
50 BDT
0.0847 NEAR
100 BDT
0.17 NEAR
500 BDT
0.85 NEAR
1,000 BDT
1.69 NEAR

Today vs. 24 hours ago

Amount
Today at 2:31 am
24 hours ago
24H Change
0.5 NEAR
BDT 295.01
BDT 289.66
+1.85%
1 NEAR
BDT 590.02
BDT 579.31
+1.85%
5 NEAR
BDT 2,950.12
BDT 2,896.57
+1.85%
10 NEAR
BDT 5,900.24
BDT 5,793.13
+1.85%
50 NEAR
BDT 29,501.19
BDT 28,965.66
+1.85%
100 NEAR
BDT 59,002.38
BDT 57,931.32
+1.85%
500 NEAR
BDT 295,011.89
BDT 289,656.59
+1.85%
1,000 NEAR
BDT 590,023.77
BDT 579,313.19
+1.85%

Today vs. 1 month ago

Amount
Today at 2:31 am
1 months ago
1M Change
0.5 NEAR
BDT 295.01
BDT 466.79
-36.80%
1 NEAR
BDT 590.02
BDT 933.59
-36.80%
5 NEAR
BDT 2,950.12
BDT 4,667.93
-36.80%
10 NEAR
BDT 5,900.24
BDT 9,335.86
-36.80%
50 NEAR
BDT 29,501.19
BDT 46,679.32
-36.80%
100 NEAR
BDT 59,002.38
BDT 93,358.64
-36.80%
500 NEAR
BDT 295,011.89
BDT 466,793.19
-36.80%
1,000 NEAR
BDT 590,023.77
BDT 933,586.39
-36.80%

Today vs. 1 year ago

Amount
Today at 2:31 am
1 year ago
1Y Change
0.5 NEAR
BDT 295.01
BDT 76.27
+286.81%
1 NEAR
BDT 590.02
BDT 152.54
+286.81%
5 NEAR
BDT 2,950.12
BDT 762.69
+286.81%
10 NEAR
BDT 5,900.24
BDT 1,525.38
+286.81%
50 NEAR
BDT 29,501.19
BDT 7,626.88
+286.81%
100 NEAR
BDT 59,002.38
BDT 15,253.76
+286.81%
500 NEAR
BDT 295,011.89
BDT 76,268.78
+286.81%
1,000 NEAR
BDT 590,023.77
BDT 152,537.56
+286.81%

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