Where to Store NEO Crypto

After buying NEO, one of the most important next steps is choosing a secure and compatible wallet. NEO uses a dual-token system—NEO and GAS—which means not all wallets are equipped to support its full functionality. The right wallet ensures you can safely store your tokens, access your GAS rewards, and interact with the NEO blockchain when needed.

Whether you’re planning to hold NEO long term or simply want to manage it securely, understanding how NEO wallets work is key.

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Where to Store NEO Crypto

What Makes NEO Wallets Different?

Unlike many other blockchains, NEO has a dual-token model:

  • NEO is the main token representing ownership and governance rights.
  • GAS is generated by holding NEO and is used to pay for transactions and smart contract execution.

A proper NEO-compatible wallet allows you to claim GAS generated by your NEO holdings. Some generic wallets may let you store NEO but don’t support GAS claiming or network interaction. This is why using a wallet built specifically for NEO—or one known to support its unique features—is essential for full access and functionality.

Where to Store NEO Crypto
/Best Wallets for Storing NEO

Here are some of the most well-known and widely used wallets that support NEO and GAS:

  • NEON Wallet
    An open-source desktop wallet created by the NEO community. Designed specifically for the NEO blockchain, it supports both NEO and GAS, allows users to claim GAS, and is compatible with Ledger hardware wallets. NEON is often chosen by users looking for a straightforward, NEO-focused solution.
  • O3 Wallet
    A multi-chain wallet available on both mobile and desktop. It supports NEO along with other blockchains like Ethereum and Bitcoin. O3 also offers built-in features for claiming GAS and interacting with dApps, making it a versatile option for users who manage multiple crypto assets.
  • NEOline
    A browser extension wallet (similar to MetaMask) developed for the NEO ecosystem. It enables direct interaction with NEO dApps and smart contracts from within the browser. NEOline is designed for users interested in participating in the NEO Web3 ecosystem, such as voting or using decentralized applications.
  • Hardware Wallets (e.g., Ledger)
    Devices like the Ledger Nano S or X provide offline (cold) storage for enhanced security. While Ledger doesn’t support NEO directly through its interface, it can be used in combination with compatible software wallets like NEON or O3 to manage and access NEO and GAS safely.

Each of these wallets has different features and interfaces, so your choice may depend on how you plan to use your NEO.

Can You Store NEO on an Exchange?

Yes, you can store NEO on a centralized exchange, and most major platforms (like Binance, Kraken, and KuCoin) offer integrated wallets for account balances.

However, there are important risks to be aware of:

  • Security – Centralized exchanges are targets for hacks.
  • Custody – You don’t control the private keys to your wallet.
  • Access – In rare cases, exchanges may freeze withdrawals or experience downtime.

Storing NEO on an exchange can be convenient for active trading or short-term holding. But for long-term safekeeping or access to features like GAS claiming and dApp interaction, a self-custodial wallet is recommended.

How to Choose the Right Wallet

Here are a few things to consider when selecting a wallet for NEO:

  • NEO and GAS Compatibility
    Make sure the wallet fully supports both NEO and GAS, including the ability to claim GAS rewards.
  • Device Preference
    Choose between mobile, desktop, or browser extension wallets based on how you prefer to manage your crypto.
  • Open-Source and Community-Trusted
    Many users favor wallets that are open-source and backed by the NEO community for transparency and reliability.
  • Ledger Support
    If using a hardware wallet like Ledger, confirm compatibility with a NEO interface such as NEON or O3.
  • dApp Features
    If you plan to interact with NEO-based dApps, look for wallets that offer browser integration (e.g., NEOline).

Storing NEO securely requires more than just downloading a wallet—it means understanding the blockchain’s dual-token model and ensuring compatibility with both NEO and GAS. While exchanges offer convenience, self-custody wallets give you full control and access to the NEO ecosystem.

Whether you choose a desktop wallet, mobile app, or hardware solution, take the time to explore your options and make sure the wallet aligns with your goals. Especially with older blockchains like NEO, using a wallet designed for the ecosystem is the best way to ensure you’re getting the full benefits of your holdings safely and securely.