How to Buy NEO Crypto
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NEO is a smart contract platform launched in 2014, originally under the name Antshares. Often referred to as “the Ethereum of China,” NEO was one of the first public blockchains to support decentralized applications (dApps), digital identity, and asset tokenization. While it no longer ranks among the top cryptocurrencies by market cap, it still has an active user base and is supported on several major exchanges.
If you’re new to NEO and want to know how to buy and store it safely, this guide will walk you through everything you need to get started.
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What Is NEO?
NEO is a Layer 1 blockchain designed to host smart contracts and decentralized applications. Its key features include support for digital identity, regulatory compliance tools, and a dual-token model: NEO (used for governance and staking) and GAS (used to pay for transactions on the network).
Unlike Ethereum, NEO is built to support multiple programming languages such as C#, Python, and Java, making it more accessible to traditional developers. It also has a faster consensus mechanism (dBFT) that allows for quicker transaction finality.
Though newer platforms have taken the spotlight in recent years, NEO continues to evolve with updates to its infrastructure and developer tools.
Where to Buy NEO
You can buy NEO on several reputable centralized exchanges that offer user-friendly interfaces and global access. Some of the most reliable platforms include:
- Binance – Offers high liquidity and a wide range of trading pairs, including NEO/USDT.
- KuCoin – Popular for altcoins and often chosen by more adventurous traders.
- Kraken – A regulated exchange with a strong focus on security and compliance.
- Gate.io – Lists a wide variety of assets, including NEO.
- OKX – Known for advanced trading features and support for many crypto assets.
⚠️ Reminder: Always verify that you’re selecting the correct token when searching for NEO on an exchange. The official ticker is NEO. Be cautious of similarly named tokens that may not be related.
How to Buy NEO Crypto
Here’s a simple, step-by-step guide to help you buy NEO, even if it’s your first time buying crypto:
- Sign Up for a Crypto Exchange Account
Choose an exchange from the list above and create a free account using your email address or phone number. - Complete Identity Verification (KYC)
Most regulated exchanges require you to verify your identity. This usually involves uploading a government-issued ID and possibly a selfie. - Deposit Fiat or Stablecoins
You can fund your account with fiat currencies like USD or EUR using a bank card, wire transfer, or third-party payment provider. Many platforms also let you deposit stablecoins like USDT if you already own crypto elsewhere. - Search for NEO and Place a Buy Order
Once your funds are available, search for NEO in the trading section. You’ll usually find pairs like NEO/USDT. Choose between:- A market order to buy instantly at the current price.
- A limit order to buy only when the price reaches a level you set.
- Confirm the Transaction and View Your Holdings
After your purchase, your NEO tokens will appear in your exchange wallet. You can view your balance and transaction history directly within your account dashboard.
Where to Store NEO
Once you’ve bought NEO, it’s important to think about storage. Here are your main options:
- NEON Wallet – The official desktop wallet for NEO, maintained by the community. Supports both NEO and GAS.
- O3 Wallet – A cross-platform wallet available on mobile and desktop, supporting NEO and other chains.
- Hardware Wallets (like Ledger) – Offers the highest level of security by storing your private keys offline.
- Exchange Wallets – Convenient for short-term use or active trading, but not recommended for long-term storage due to security risks.
🔐 Tip: Always back up your recovery phrase when setting up a wallet and store it somewhere secure, offline.
Buying NEO is straightforward once you’ve chosen a trusted exchange and understand the basic steps. Platforms like Binance, Kraken, and KuCoin make it easy to get started with fiat or crypto. After purchase, storing your NEO in a secure wallet—especially one you control—is the safest approach.
As with any crypto asset, be sure to research the project, understand the risks, and never invest more than you can afford to lose. With a little preparation, buying and storing NEO can be a smooth and secure experience.