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How & Where to Buy Gas A Step-by-Step Guide to Buying GAS

Congratulations! You can buy Gas directly with cash at CoinSwitch.

  1. Sign up at our one of our top-ranked Gas exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy GasGAS

Read on for detailed instructions below on where and how to buy Gas and you will be a GasGAS owner in no time at all.

  1. STEP 1Register at a GAS Exchange

    Best Gas (GAS) Exchanges

    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume
      $
      Coins
      361

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Gas GasGAS quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy GAS with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for GAS.

Frequently Asked Questions About Buying & Selling Gas (GAS)

How do I Buy GAS with Crypto?

If you want to buy GAS with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Gas (GAS)?

To sell GAS, simply reverse the buying process described above. You will likely need to trade your GasGAS into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Gas Research Center

Gas Technical Details & Statistics

Tokenomics
  • Market Rank348
  • Market Cap65,676,584
  • Circulating Supply10,128,375
  • Total Supply17,190,378 GAS
  • Max Supply100,000,000
Yesterday's Trading
  • 24 HR Volume31,004,517 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Gas?

Gas (GAS) is a cryptocurrency used to pay for transactions on the NEO network. NEO is a second generation, Ethereum-like platform with an advanced, open source API. Developed in China, NEO hosts a number of ICO projects on its blockchain, all of which use Gas to fuel their transactions with NEO. Gas is mainly used to pay transaction fees for token and NEO coin movement across the blockchain and is distributed to addresses holding NEO at regular intervals.

History of Gas

NEO originally began as AntShares, founded in 2014 as “China’s first blockchain platform.” It has been an evolving project with some parts still under development, making use of Ethereum-like smart contracts and hosting its own token system. Upon its initial deployment, the NEO team released a “Gas market dApp” where users could go to purchase additional gas to cover their transaction fees. In it first year after being introduced to markets after the AntShares rebranding period, Gas has been extremely volatile, undergoing massive price swings and climbing 22-fold in dollar price over a 7-month period.

How Gas Works

Gas is one of the two native tokens of the NEO blockchain (the other, of course, being NEO). In the genesis block, 100 million NEO tokens and zero Gas tokens were created. Instead, Gas is distributed to all addresses holding NEO at a rate of 8 Gas per block, which are an average of 15-20 seconds apart. Gas is distributed proportionally to the amount of NEO held by each address. NEO holders claim their Gas using a feature built into the platform and most wallets. Eventually, the amount of Gas created will equal the total amount of NEO, at which time no new Gas will be generated.

Gas is primarily used as a flexible transaction fee that can prioritize transactions. Neo Gas works in a fashion similar to Ethereum “gas,” but instead of being denominated in units of its parent system’s namesake, it has properties, characteristics, and a trading symbol of its own. Gas is also used to conduct governance votes on the NEO network and access other functions within the platform.

Why Gas?

  • Gas is an essential part of the NEO platform, necessary for transactions, network voting and access to platform functionalities.
  • The success of Gas is dependence on the success of NEO: if NEO becomes a launching platform for ICO projects, develops a thriving ecosystem and community, or grows from any other positive aspect, the need for Gas will grow along with it.
  • Gas is generated at a very specific amount, at very regular intervals, with a predetermined cap on total amount generated. Much like bitcoin, the coding behind NEO has been well scrutinized and vindicated of containing any malicious code. This makes it a predictable store of value, even though the price of Gas has had a history of being anything but stable.
  • Two of the biggest exchanges to list Gas, Binance and KuCoin, offer zero fees for Gas withdrawals.