How to buy NEO in 4 easy steps
NEO debuted in 2014 as Antshre, China’s first-ever publicly owned blockchain. Eric Zhang and Da Hongfei started the Antshare project in 2014, which was then rebranded to NEO in 2017. Today, NEO labels itself as an ecosystem that is “fast-growing and developing.” NEO aims to become the foundation for the new internet age, where digitized payments and assets merge. The thing that makes NEO stand out from other blockchain tokens is its ability to continuously develop. It makes NEO future-friendly and gives it the strength to cope with a sudden rise in demands.
So are you searching for the answer to how to buy NEO? Then carry on reading this article to its end.
Our step-by-step guide on how to buy Neo (NEO)
Step 1 -Choose a Crypto Exchange that supports neo
The first step to buying NEO is to pick a cryptocurrency exchange that accepts Neo (NEO). Binance, Huobi, and Bitfinex are popular exchanges where NEO is listed. Consider security, cost, and user interface when choosing a crypto exchange. Examining whether the exchange accepts your preferred payment type is another smart move. After choosing an exchange, you can open an account, fund it, and trade NEO. Buying NEO may be a quick and easy process with the proper exchange.
Step 2: Register Yourself on The Crypto Exchange
After choosing the best crypto exchange as your preference, you must register yourself. It is one of the significant steps in the process of purchasing NEO. By registering, you can be sure you are an authorized platform user. It will lessen the possibility of fraud, giving you access to customer service support. Enter your contact information, including your name, email address, phone number, and country of residence, to create a free account on the exchange website or mobile app. You must also upload an authorized identification card, passport, or driver’s license to comply with AML and KYC rules.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
After registering now, it is time to purchase NEO. Decide on a payment option, such as a credit card, debit card, bank transfer, or third-party payment service, depending on the exchange that best suits your requirements and price range. CEXs such as EXMO, Crypto.com, and Bitfinex allow you to purchase NEO with fiat currency such as USD with Visa, Mastercard, or a wire transfer. Alternatively, you can use KuCoin, Gate.io, Bittrex, or OKX to buy NEO using BTC, ETH, or USDT.
Step 4: Store Your Neo Coin in a Wallet
After purchasing it, you need to store it properly. It is always advisable to find the best wallet to store NEO. Keeping Neo in a wallet is crucial. Choose a reliable wallet such as Neon, Ledger, WazirX, or Trezor. Download and install the wallet on your device. Create a new wallet and securely store your seed phrase. Transfer Neo from the exchange to your wallet. Make sure to back up your wallet regularly. By keeping your Neo in a wallet, you will have full access.
Also read: How to buy Starlink
Popular Video Guides on Buying Neo
Also read: Neo Prices Live
Where to buy Neo
1. Crypto.com Exchange
Crypto.com Exchange is one of the most well-known CEX platforms, offering more than 250 currencies for futures, spot trading, and advance orders. With a user base of more than 70 million customers worldwide, this CEX also allows investing, staking, and swapping cryptocurrencies and trading NFTs.
Factsheet
Header 1 | Header 1 |
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Operational Since | 2016 |
Deposit Methods | Bank transfer, Credit/ Debit card, Cryptocurrency, or wire transfer |
Deposit Fees | None |
Cryptos Listed | 270+ |
Trading Fees | Standard Fee of 0-0.075% for the maker and 0.05%-0.075% for the taker |
Fiat Currencies Supported | 25+, including USD, EUR, GBP, and COP. |
Trustworthiness | Safe and reliable |
2. Bittrex
Bittrex is a cryptocurrency exchange platform that allows users to trade various cryptocurrencies for other cryptocurrencies or traditional fiat currencies like USD or EUR. Bittrex, established in 2014 and based in the US, is now considered one of the largest and most trustworthy digital asset exchanges globally. It provides a dependable and secure trading platform for both beginners and experienced traders. Bittrex prides itself on its robust security measures, high liquidity, and extensive range of trading pairs.
Factsheet
Header 1 | Header 1 |
---|---|
Operational Since | 2014 |
Deposit Methods | Credit/Debit Card, Wire Transfer, or ACH transfer |
Deposit Fees | None |
Cryptos Listed | 400+ |
Trading Fees | Maker Fee (0-0.75%) Taker Fee(0.05-0.75%) |
Fiat Currencies Supported | USD and EURO |
Trustworthiness | Safe and reliable |
3. Bitfinex
Bitfinex is one of the most popular crypto exchanges, known for its low fees. The platform offers a range of features, including margin trading, lending, and liquidity swaps. Bitfinex has gained a reputation for being one of the largest and most secure cryptocurrency exchanges, with a high level of liquidity and a wide range of trading pairs available.
Factsheet
Header 1 | Header 1 |
---|---|
Operational Since | 2012 |
Deposit Methods | Cryptocurrencies, Tether Tokens, Wire Transfer, Credit/Debit Card |
Deposit Fees | 0.1% (Min 60 Euro/USD) for wire transfer and 0 for cryptocurrency |
Cryptos Listed | 170+ |
Trading Fees | 0.1% for the maker and 0.2% for the taker |
Fiat Currencies Supported | USD, Euro, GBP, JPY |
Trustworthiness | Safe and reliable |
Frequently Asked Questions
Where can you buy Neo with a credit or debit card?
You can buy NEO with a credit or debit card on Bitfinex, Crypto.com, and EXMO. Visa and MasterCard are both accepted by these platforms. You need to follow the procedure on the website and buy NEO coins.
What will you need to buy Neo?
The first thing you will need is a digital wallet. It would help if you constructed a NEO-compatible digital wallet. It would help if you opened a profile with a cryptocurrency exchange that accepts NEO. Submit the necessary documents. Then you must deposit with a credit/debit card or a bank transfer. That’s it; you are ready to go!
What is the easiest way to buy Neo?
NEO is listed on the majority of the crypto exchanges. You can get it as a trading pair with BTC, ETH, or USDT on Binance, KuCoin, Gate.io, and Huobi. Alternatively, you can buy NEO tokens with your fiat currencies on Bitfinex, EXMO, and Crypto.com Exchange.
Best wallets to store your Neo ?
Some of the best wallets to store NEO are:
- Ledger Nano S: Hardware wallet
- NEON Wallet: Desktop wallet
- O3 Wallet: Mobile and desktop wallet
- NeoLine: Web and desktop wallet
- Ansy: Mobile wallet
- Guarda Wallet: Multi-currency mobile and desktop wallet
- Atomic Wallet: Multi-currency desktop and mobile wallet.
- WazirX- the most trusted one!