NEAR Wallet on Telegram: mining for the lazy

Paul Sazan
| Editor:
June 21, 2024
5 min read

What’s NEAR Wallet All About?

NEAR Wallet is a non-custodial wallet that works right inside Telegram. It’s your go-to for handling NEAR network assets, including HOT tokens. Launched on January 31, 2024, it grabbed 200,000 users in just 36 hours. Why the rush? Folks were eager to mine HOT tokens on the cheap, making it a hot pick for earning tokens without breaking the bank.

Cool Stuff NEAR Wallet Can Do

NEAR Wallet packs a punch with features that crypto traders and investors will love. Here’s the lowdown:

  • Asset Variety: NEAR Wallet handles HOT tokens, NEAR cryptocurrency, and USDT stablecoin, all within Telegram.
  • Official Stamp: It’s the real deal from the NEAR Protocol blockchain, so you know it’s safe and sound.
  • Token Juggling: You can farm HOT coins for free, plus buy, send, and stash tokens securely.
  • HOT Token Perks: HOT tokens aren’t just for show. Use them to pay fees, play games, and do real transactions on the blockchain.

NEAR Wallet’s mix of features and its quick rise in popularity make it a solid choice for anyone wanting to manage their crypto assets smoothly within Telegram.

Mining HOT Tokens

Mining HOT tokens through the NEAR Wallet mini-app on Telegram is a fun and easy way to earn some crypto. Let's break down how you can get started and why it's worth your time.

How to Mine HOT Tokens

Mining HOT tokens in the NEAR Wallet is a breeze. Here’s how you can get started:

  1. Create an Account: Open the NEAR Wallet mini-app on Telegram and set up your account.
  2. Pick a Nickname: Choose a unique nickname that will act as your payment address on the blockchain.
  3. Claim Tokens: Every two hours, log in and hit the "Claim HOT" button to mine your tokens.

That's it! Just a few clicks and you're mining.

Why Mine HOT Tokens?

Mining HOT tokens isn't just easy; it's also rewarding. Here’s why:

  1. Steady Earnings: You can earn 0.02 HOT every two hours right from the start. These small amounts add up over time.
  2. In-Game Perks: Use your tokens to buy in-game items that can boost your mining efficiency, leading to even more rewards.
  3. Referral Program: Earn extra tokens by referring friends. Here’s how it works:
    • 20% Rewards: From direct referrals (your friends).
    • 5% Rewards: From indirect referrals (friends of your friends).

By getting your friends involved, you can significantly increase your earnings. The combination of regular mining and referral bonuses makes this a great way to dive into the world of crypto.

Mining HOT tokens in the NEAR Wallet on Telegram is a straightforward and rewarding way to get involved in cryptocurrency. The process is simple, and the benefits are clear, making it a great option for anyone interested in crypto.

NEAR Wallet Upgrades

NEAR Wallet users can boost their mining and storage capabilities with some nifty upgrades. These tweaks are all about making your mining journey smoother and more efficient.

Pump Up Your Storage

Want to stash more mined tokens? Upgrading your storage in the NEAR Wallet is the way to go. You can beef up your storage with upgrades like Storage, Fireplace, and Wood. Each upgrade has different levels and costs, but they all help you store more and mine better.

These upgrades let you hold more tokens, making your mining efforts more productive.

Speed Up Your Mining

If you want to mine faster, NEAR Wallet has got you covered. You can speed up your mining with the same upgrades: Storage, Fireplace, and Wood. Each level of upgrade boosts your mining speed and has its own cost.

Investing in these upgrades means you can mine more efficiently, raking in higher rewards and making the whole process a breeze.

Referral Program and Villages

The NEAR Wallet on Telegram offers a fun way to boost your earnings and build a community with its referral program and upcoming villages feature.

Earn with Referrals

The referral program in NEAR Wallet lets you earn HOT tokens by inviting friends. It's a simple way to grow your wallet with direct and indirect referrals.

Invite your friends and get 20% cashback for each claim they make. Plus, you get 5% cashback from their friends' claims. It's a win-win, encouraging you to expand your network and stay active on the platform.

Build and Manage Villages

As NEAR Wallet grows, developers will introduce a 'villages' system once there are 700,000 miners. This feature aims to create a sense of community and shared responsibility.

Villages will get 5% of the income generated by their users, which can be shared among community members. Starting February 10th, a new mining method for HOT tokens will let active users create villages and invite friends. An extra 5% of the claimed amount by village residents goes to the village's common capital, which can be shared or used for community projects.

This system not only boosts your earning potential but also promotes teamwork and growth within the NEAR Wallet community.

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