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How to create a NEAR wallet

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NEAR Protocol is a decentralized platform for building web applications. The network runs on a Proof-of-Stake consensus mechanism called Nightshade, which aims to provide scalability and stable fees. NEAR is a native utility token that is used to:

🔹 Collect fees for transaction processing and data storage.

🔹 Launch validator nodes on the network by staking NEAR tokens.

🔹 Vote by network governance, for example, to determine how to allocate network resources.

We will show you how to create a wallet for EUPi storage.

Step 1. Go to NEAR Wallet and click the «Create Account» button.

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Step 2. If you want to, you can learn more about NEAR by following the link. To continue, click the «Get Started» button.

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Step 3. Choose a security method. We will use the secure passphrase. Then click the «Secure My Account» button.

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Step 4. Save the 12-word phrase so you can quickly regain access to your wallet. Then click the «Continue» button.

❗️Never share this data with anyone!

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Step 5. Confirm your secret recovery phrase by entering one of its words. After entering, click «Verify & Complete».

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Step 6. Congratulations! 🎉 You created your NEAR wallet. Now let’s copy your wallet address. Click the «Receive» button.

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Step 7. Copy your wallet ID address by clicking «Copy».

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Step 8. Now, using this address, you can easily buy NEAR on itez. Just paste it in the appropriate box and complete the purchase.

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Maria Kachura
Maria Kachura

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