Near-Blackdragon coin , a must buy for any serious investor

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1 Apr 2024
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The live Black Dragon price today is $1.29e-7 USD with a 24-hour trading volume of $174,924 USD. We update our BLACKDRAGON to USD price in real-time. Black Dragon is up 16.01% in the last 24 hours. The current CoinMarketCap ranking is #3432, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000,000 BLACKDRAGON coins. "CoinMarketCap"


Dear investors,

Today I bring you a token that is currently making wave in the crypto market from the near protocol project which have housed token such as Nearvidia, Uwon and Bendog. Today shall be looking at why this will be a good investment in the near future. First let's look at why this meme coin was created and it near future.

What is Blackdragon token

The Black Dragon token ("BLACKDRAGON") is a memecoin developed on NEAR Protocol’s stack for entertainment and educational purposes within the cryptocurrency community. It is not intended as an investment, financial product, or a representation of value. The creators of BLACKDRAGON do not promote it as a means of investment or as a financial asset.

But the recent swapping of near to blackdragon and the rise in the value of this token have lead to its popularity in the crypto market making the affirmationed statement a kind of tricky.

History of blackdragon token


With the Chinese year of the dragon coming around the corner, NEAR saw a curious memecoin rise from its ever-evolving tech stack. For those unaware, the symbol of the Black Dragon resonates deeply within the NEAR community, mostly because it pays homage to Ilia Polosukhin (@ilblackdragon)—a key architect of NEAR who champions the concept of chain abstraction.

In this manner, Black Dragon emerges as a playful yet enlightening force in the open-source space. It is designed to be a mass-adoption driver and a building block for the community to achieve the core purpose of supporting the development of the NEAR and its ''Dragon Stack''.

Steps on how to buy blackdragon token using binance


Binance is constantly reviewing and adding cryptocurrencies that can be used on the Binance platform. If you would like to know where to buy Black Dragon, which is currently not listed on Binance, you can follow the step-by-step guide below.

The most straightforward way is to find a reliable centralized exchange where you can buy Black Dragon, similar to Binance. You can refer to Coinmarketcap.com's Markets section to find the list of centralized exchange the coin is listed on.

Another option to buy the Black Dragon is through a decentralized exchange (DEX) which supports the blockchain where your Black Dragon resides. This guide will show you how to buy Black Dragon by connecting your crypto wallet to a decentralized exchange (DEX) and using your Binance account to buy the base currency.

1• Download a Near Wallet
There are several crypto wallets to choose from within the Near network and Near appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting the Near’s website.

2• Set up your Near
Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. You may refer to the wallet’s support page for reference. Make sure to keep your seed phrase safe, and take note of your wallet address. You will be using it later on Steps 4 and 6.

3• Buy NEAR as Your Base Currency
Once your wallet is setup, you can login to your Binance account and proceed to the Binance Crypto webpage to buy the NEAR. If you are not an existing user, you can refer to our How to Buy NEAR guide on registering and buying your first cryptocurrency on Binance.

4• Send NEAR From Binance to Your Crypto Wallet
Once you buy your NEAR, go to your Binance wallet section and look for the NEAR you purchased. Click on withdraw and fill up the required information. Set the network to Near, provide your wallet address and the amount you want to transfer. Click the withdraw button and wait for your NEAR to appear in your Near.

5• Choose a Decentralized Exchange (DEX)
There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. For example, if you use Near wallet, you can go to Trisolaris to make the transaction.

6• Connect Your Wallet
Connect your Near wallet to the DEX you want to use by using your wallet address from Step 2.

7• Trade Your NEAR With the Coin You Want to Get
Select your NEAR as the payment and select the Black Dragon as the coin you want to acquire.

8• If Black Dragon Doesn’t Appear, Find its Smart Contract
If the coin you want does not appear on the DEX, you can refer to https://explorer.near.org/ and find the smart contract address. You can then copy and paste it into Trisolaris. Beware of scams and make sure you got the official contract address.

9•Apply the Swap
Once you are done with the previous steps, you can click on the Swap button. From deciding where to buy Black Dragon to making the purchase, your crypto transaction is now complete!

Conclusion:

Though the Bullish season is in, we must still apply caution while trading or investing in any cryptocurrency. Just like the blackdragon rise so many token have risen before and a still declined. So we should buy only what we feel we can afford to loss. But with all things being equal this token will be a good investment.

Visit these blogs for more:

1. What is Sidra Bank token
2. The need for multiple crypto wallets
3. Reasons to invest for the future












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