How to Buy Neo on CEX.IO

What about having a voice in the management of a potentially big part of the crypto economy? The NEO coin, a cryptocurrency of the NEO blockchain, gives you the right to vote on network changes. Another major benefit of holding NEO is the chance to earn GAS, another token of the NEO network. CEX.IO recently listed NEO currency pairs so you can buy NEO quickly and easily.

If you want to buy NEO with credit card, register an account on CEX.IO and link your card on the Card page. Once it’s linked, you’ll be able to make instant fiat deposits in USD, EUR, or GBP.

Purchasing Neo on CEX.IO involves several straightforward steps. Understanding the process can help facilitate a smooth transaction. Follow these steps to acquire Neo:

1. Create an account on CEX.IO by registering with your email address and setting up a secure password.
2. Verify your identity following the platform's KYC (Know Your Customer) requirements.
3. Deposit funds into your CEX.IO wallet using various accepted payment methods such as bank transfers, credit or debit cards, and cryptocurrency deposits.
4. Navigate to the Neo trading section on the exchange.
5. Select the amount of Neo you wish to purchase and review the transaction details.
6. Confirm your order and wait for the transaction to complete, resulting in the Neo being credited to your CEX.IO account.

What is Neo?

Neo is a blockchain project designed to create a decentralized platform for the development of digital assets and smart contracts. Often referred to as "Ethereum of China," it serves as both a cryptocurrency and a blockchain framework. Neo aims to digitise assets, streamline asset management, and enable the development of applications that leverage blockchain technology.

How it Works

Neo operates on a unique mechanism termed as Delegated Byzantine Fault Tolerance (dBFT), which provides a reliable consensus process whilst ensuring efficient transaction speeds. This allows for short block generation times and the ability to handle high throughput levels. By utilising smart contracts, developers can create diverse applications ranging from finance to supply chain management. The Neo platform employs a dual-token system comprising NEO and GAS, allowing users to hold NEO for governance while GAS serves as the fuel for executing transactions and smart contracts.

Utility and Use Cases

The primary utility of Neo lies in its ability to facilitate the creation and management of digital assets and smart contracts. Various industries can benefit from its features, such as finance, gaming, and real estate. Demand for rapid, low-cost transactions makes it appealing for developers aiming to create decentralised applications (dApps). Its capability to support various programming languages enhances accessibility for developers from different backgrounds, increasing the potential for large-scale adoption.

Buy Neo instantly and trade it easily wherever you go

CEX.IO charts on the Trade page give you a clear vision of crypto market trends in real time. With this information, you can identify the best moment for buying or selling NEO and design your own trading strategy. CEX.IO offers various ways to buy NEO as soon as you see favorable conditions on the price charts.

One way is by placing a market order on the Trade page. When you create a market buy order, you’ll be shown the estimated amount of NEO you’ll get. However, this amount can differ from the actual amount you receive in the end due to a price jump or drop.

Wondering how to buy NEO and avoid price fluctuations? Try the Instant Buy service. Choose a NEO pack or enter your own amount and click Buy. CEX.IO will freeze the NEO price while you make your purchase so you can buy NEO instantly at the exact rate you’ve agreed to.

The next step is to select a payment method. You can use funds on your CEX.IO balance or buy NEO with debit card. The fastest way is to pay with your current balance or with a verified card. However, you can also add a new debit or credit card when making a purchase. Verification will take no more than five minutes.

With the CEX.IO mobile app, you can buy and trade cryptocurrencies anywhere you go. All you need is your smartphone and an internet connection. The app also offers the Instant Sell feature, which lets you instantly sell crypto and top up your card. Welcome to the era of financial freedom!

Buy Neo with debit card and benefit from staking

Want to know how to get NEO quickly and trade it at any time? Fund your CEX.IO account in advance so you can react to any market moves in no time. To put funds in your account, you can make a deposit with your verified Visa or Mastercard credit or debit card, send funds via international or domestic bank transfer, or make a crypto deposit.

Without a doubt, the fastest funding method is using your payment card. If you’ve already linked it to your CEX.IO account, you only need to enter the amount you want to deposit and confirm the operation. No more figuring out how to purchase NEO, as you can do it with no effort on CEX.IO.

As a bonus (and to help you grow your crypto portfolio), CEX.IO supports NEO staking. When you purchase NEO and hold it in your CEX.IO wallet, you automatically receive a reward in GAS. Moreover, you can still trade your staked NEO coins. They’ll participate in staking until your order is completed. Join the smart economy with CEX.IO.