NeoHow & Where to Buy Neo A Step-by-Step Guide to Buying NEO
Congratulations! You can buy Neo directly with cash at Binance.US.
- Sign up at our one of our top-ranked Neo exchanges.
- Fund your new account with cash or crypto.
- Buy
NEO
Read on for detailed instructions below on where and how to buy Neo and you will be a NEO owner in no time at all.
- STEP 1Register at a NEO Exchange
Best Neo (NEO) Exchanges
Ease of useEasyTime to 1st Buy24 hrs24h Volume$27,986,487Coins54Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.
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.
- STEP 2Fund Your Account
It is now time to add funds to your newly created exchange account. This will allow you to purchase Neo
NEO quickly.Upon signing up at the exchange, you should be shown easy to follow instructions to buy NEO 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 NEO.
Frequently Asked Questions About Buying & Selling Neo (NEO)
How do I Buy NEO with Crypto?
If you want to buy NEO with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Binance.US 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 Binance.US.
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 Neo (NEO)?
To sell NEO, simply reverse the buying process described above. You will likely need to trade your NEO into a USD coin like 
USDT. 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.
What is NEO?
NEO (NEO) is a decentralized, open source blockchain protocol and cryptocurrency, frequently called the “Ethereum of China.” Its advanced API functionalities allow people to create and own their own digital assets, as well as to earn dividends from these assets, much like stocks where the companies pay dividends to holders. The coin was previously known as Antshares, with its assets being called Antshares (ANS), and dividends payed out in a token called Antcoins (ANC).
History of NEO
NEO was launched in 2014 by Da Hongfei and was the first open source blockchain project to come out of China. It was known as Antshares until June 2017, when it was rebranded as NEO. The term “NEO” was chosen by developers because of its Greek etymology, representing the characteristics of “innovation, modernization and youth.” It has enjoyed tremendous success since its rebranding and became a top 10 cryptocurrency by market capitalization in August 2017.
How NEO Works
NEO is a very similar concept to Ethereum where it is much more than a simple cryptocurrency. In fact, it is almost an ecosystem by itself where people can trade digital assets like Bitcoin or real world assets freely and directly, without any central authority of third party intervention. It allows users to convert traditional assets (like Gold) and convert them into digital assets.
Using Smart Contracts 2.0, a concept popularised by Ethereum, the users can do smart transactions. NEOcoins are currency of the network and is used to own the share of a blockchain. NEOcoins are also used to earn dividends for owning the blockchain. Instead of Proof of Work (POW) or Proof of Stake (POS), both of which are resource hungry, NEO utilises Dual Byzantine Fault Tolerance (dBFT) algorithm to confirm transactions.
Why NEO?
As a “second generation,” platform-based cryptocurrency, NEO offers multiple advantages over bitcoin.
- Government backed: The currency and the system has the support of Chinese government and that means it is a very stable and secure investment with almost zero chance of the company going bankrupt or out of business.
- Reputable Private Backers: Some of the private organizations who openly support Antshares are Microsoft, Alibaba, Wings and Bancor, among others.
- Patented Cross Chain Technology: This allows NEO to work with different blockchains. All cryptocurrencies have their own internal blockchains for transactions and NEO can access multiple such blockchains, allowing for the direct integration of many coins with its platform.
- Versatile Asset Management: Whether it is a digital asset or a real world asset, NEO allows users to map it to a digital identity within its network.
- Easy to Use: Using Smart Contracts 2.0 and a user-friendly API system, NEO makes it possible to write contracts without any knowledge in programming.
- Lightning Fast Transactions: Using Dockers, the NEO network is capable of conducting superfast transactions within the network.
- Quantum Security: Using Lattice based cryptography, NEO has been able to make its transactions secure at the quantum level.