Last update: Jun 6, 2022

How to Buy NEO (NEO)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy NEO. Depending on where you’re located, you’ll have a few cryptocurrency trading platforms to choose from.

In this guide, we not only cover the top 3 global cryptocurrency exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Neo

How to Buy NEO – 4 Easy Steps

1. Choose a crypto exchange

Finding a cryptocurrency trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have NEO of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy NEO

Now that you have what you need to buy NEO, head over to the market or buy section of the crypto trading platform and buy some NEO.

If the crypto exchange doesn’t have any NEO on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has NEO first), and trade your Ethereum for NEO.

Where to Buy NEO (NEO)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell NEO

  1. Sign into the crypto exchange where you bought NEO.
  2. Move your NEO to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell NEO.

 

Crypto trading

How to Buy NEO (NEO) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy NEO in Australia, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy NEO if it’s available. If the exchange doesn’t have NEO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has NEO), and trade your ETH for NEO.

Alternatively, if you want to learn more about the exchanges we recommend, look at our comparison of the best crypto exchanges in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy NEO (NEO) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy NEO in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy NEO if it’s available. If the exchange doesn’t have NEO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has NEO), and trade your ETH for NEO.

It’s also possible to take a look at our analysis of the best Canadian crypto exchanges if you’re looking to learn more about which exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy NEO (NEO) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy NEO in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy NEO if it’s available. If the exchange doesn’t have NEO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has NEO), and trade your ETH for NEO.

If you’d like to know more about the exchanges we like, check our comparison of the top crypto exchanges in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying NEO? NEO Rundown

Neo describes itself as an "rapidly developing and growing" ecosystem with the goal to become the foundation of the next generation internet. This new economy will see digitized assets, payments, and identities come together.

This project, originally known as Antshares was the first Chinese public blockchain. It was launched in February 2014. Three years later, Neo was adopted as the new name for the open-source platform.

The project created a global community of developers to create new infrastructure and lower barriers to entry. Additionally, the EcoBoost initiative was launched by the team behind the project to encourage others to build decentralized apps on the blockchain.

It has been compared to the Chinese version the Ethereum network.

The Neo blockchain's continuous development is one of its unique selling points. This allows it to be futureproof and can handle sudden increases in demand. Neo 3.0 has been developed by the Neo project, which enhances network security and allows for more transactions per second.

This network has two native tokens, NEO and GAS. It is different from other blockchains. NEO is an investment token that allows users to vote on improvements to the blockchain. GAS is used for fees to cover transactions completed on the network.

Neo is the only blockchain project to have a development fund. EcoBoost was launched in 2019 and is billed as an initiative that offers "full life cycle support for high-potential project" -- which includes grants, technical support, and promotion on social networks.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.