You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you. NEO has rewarded its investors handsomely since the digital token hit public exchanges in 2016. The blockchain itself is one of the most efficient in the market, with near-instant transfers, smart contract capabilities, and a total throughput of over 10,000 transactions per second. However, like all digital assets, whether or not NEO represents a good investment should be determined by your own research. In conclusion, this guide has highlighted just how easy and safe it is to buy NEO in the UK when you use a trusted broker like eToro.
- Although it has to be said, there is usually a multitude of payment options at modern online crypto brokers.
- Some of the biggest disadvantages of Binance mostly existed early on and are no longer problems.
- For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
- By adding Neo to your watchlist, you can keep up with its price action.
- You must also upload an authorized identification card, passport, or driver’s license to comply with AML and KYC rules.
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. A trust-free approach eliminates the necessity to rely on a third party to act in one’s favor.
We do not advise or recommend any provider but are here to allow our reader to make informed decisions and proceed at their own responsibility. Contracts for Difference (“CFDs”) are leveraged products and carry a significant risk of loss to your capital. Please ensure you fully understand the risks and seek independent advice. However, you can buy fractions of a coin with eToro – meaning you can invest from as little as $25 per trade. To trade crypto (and other assets) with eToro, you’ll need to verify yourself.
People who run the Neo Framework, which facilitates Neo improvements and promotes the usage of Neo’s system. NEO has a roughly $2.75 billion market valuation and is now selling for slightly below $40. You can find the list of coins you can buy through Ledger Live here. Simply send your Neo from the exchange to your Neo address by using a compatible third party wallet. However, despite the exchange’s exclusivity and hack, the exchange is in the top 5 NEO exchanges by volume, so I felt it should be included in the list.
Here are some of the best crypto exchanges users can browse to buy, sell, and trade NEO in 2023. Neo is a reputed cryptocurrency that has been listed on numerous cryptocurrency exchanges. NEO is many times called the “Ethereum of China” because it implemented smart contracts, similar to the Ethereum Virtual Machine (EVM).
- The easiest way to buy NEO is by placing an ‘instant buy’ order to purchase it for a fixed price but not all crypto exchanges offer this feature.
- We always recommend that you move your cryptocurrencies off of exchanges if you are planning to hold on to them.
- Hence, the maximum price for NEO in 2024 will be $20.73, with a minimum of $16.59 and an average trading price of $18.25.
- There are more than 70 other cryptocurrencies you can trade alongside Neo, as well as other asset types, such as stocks, forex, and ETFs.
- This is really important, as Ethereum is the second-largest cryptocurrency in terms of market capitalization.
- The first step to buying NEO is to pick a cryptocurrency exchange that accepts Neo (NEO).
However, remember that you should always consult a financial expert before you make any investment. Once you are registered to any of the above, find the BTC/NEO or ETH/NEO trading how to buy neo pair and then place the order to buy those pairing cryptocurrencies. When it’s time to cash out at eToro, you simply need to sign in and opt to sell your NEO coins.
Other Ways to Buy NEO
When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. A direct result of being an FCA-regulated cryptocurrency broker is that the platform can facilitate fiat currency deposits and withdrawals. This simply means that you can use your debit/credit card, bank account, or even an e-wallet like Paypal to fund your NEO purchase. The fees charged by Binance for a crypto-to-crypto trade is just 0.10%.
- Currently, NEO is compatible with over 9 blockchains, including Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), and Cosmos (ATOM).
- As a result, it is generally a good idea to get your coins off the exchange as soon as possible.
- EToro also accepts wire transfer, but if you are wondering how to buy NEO instantly – this is not the way to do it.
- With Bitcoin, it is still possible to use a peer-to-peer marketplace and arrange to meet someone to transfer Bitcoin for cash anonymously or you can purchase through a dedicated ATM.
- As such, if you wanted to quadruple the same investment, NEO would have to rise to a price of $60.60.
- Unless you plan on keeping your NEO or GAS on an exchange, you’ll need to choose a wallet to store it in.
Having already made sure your payment method of choice is compatible with the crypto platform you have chosen – you are good to go. Not only that, but where some platforms take days to process ID documents – eToro uses modern automated tech, meaning you can usually buy NEO within minutes of depositing. At the risk of repetition, we recommend only ever signing up with a licensed broker, rather than risking your capital at an unregulated exchange. This is because there are hundreds of shady online providers waiting to scam unsuspecting investors. All of the above is standard with any regulated crypto broker as per rules on KYC (with the view to prevent financial crime). As we touched on, eToro affords you the convenience of purchasing NEO, and any other digital currency, from as little as $25.
How to create a Binance account
KuCoin currently offers NEO (NEO) cryptocurrency trading as well as over 300 other popular tokens. Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry. You can get it as a trading pair with BTC, ETH, or USDT on Binance, KuCoin, Gate.io, and Huobi. Alternatively, https://www.tokenexus.com/derivatives-in-crypto/ you can buy NEO tokens with your fiat currencies on Bitfinex, EXMO, and Crypto.com Exchange. Being a system for creating investment instruments on a blockchain, Neo rivals straight with Ethereum. Buyers who feel that some other cryptocurrency will someday substitute Ethereum as a framework for developing distributed software will find Neo appealing.