How to Buy NEO Coin 2020 – Where to Buy NEO Coin? (Updated)

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How to Buy NEO Coin – NEO is a great coin with tremendous potential and it is one of those cryptocurrencies which I recommend to hold for at least 2 years for maximum potential. Currently, Neo coin is at the tenth position in CoinMarketCap with 7.23 Billion USD. I and my whole team are having Neo in our portfolio and we do recommend it to all my readers too. It is an amazing cryptocurrency with great specification. A lot of people were asking us on How to Buy Neo Coin easily without any hassle, so we did our research and found 2 great ways to buy the neo coin.

How to buy Neo Coin

What is Neo Coin?

(According to Wikipedia) NEO is a blockchain platform and cryptocurrency which enables the development of digital assets and smart contracts. The project is based in China and was originally launched in 2014 as AntShares. NEO uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism and can support up to 10,000 transactions per second. NEO tokens can be staked to produce GAS tokens which are used as the fuel of the platform, to pay for computation or deployment of smart contracts within the NEO network. The project was founded by Da Hongfei.

A total of 100 million NEO was issued and represents the ownership of the chain. 100 million was created in the Genesis Block and distributed according to distribution mechanism as described in its white paper. The total amount of NEO shares is fixed at 100 million and cannot be increased. The smallest unit of the NEO is 1 NEO and cannot be divided.

How to Buy NEO Coin – Where to Buy NEO Coin?

Requirements to Buy NEO coin

Read This : Best XRP Wallets

Best NEO Wallet

Ledger Nano S (Recommended Wallet)

Ledger Nano S is a hardware wallet which is super good. It is almost impossible to hack this wallet because it is a hardware wallet. Ledger Nano S Supports all the major cryptocurrencies so you only need to buy it once and you can store all your coins in it. It supports all the major coins such as bitcoin, Ethereum, Litecoin, Cardano, Tron, XEM or NEM, XLM, Neo and other cryptocurrencies.

(Method 1) How to Buy Neo Coin – Where to Buy Neo Coin? using Binance

1. Buy Bitcoin or Ethereum 

Firstly, you need to buy Bitcoin or Ethereum to buy Neo because you cant use your fiat currency which is the normal currency that you use such as US Dollar or Euro or Indian Rupees. 

These are the best place to buy Bitcoin (BTC)

These are the best place to buy Ethereum (ETH)

  • Coinbase (You will get free $10 worth of ETH if you buy ETH for $100)

2. Register and get a Binance account

After you brought Bitcoin or Ethereum, you need to register and get a binance account. Why Binance?you might ask. Binance is the No 1 Exchange Platform currently. You can easily exchange your bitcoin or Ethereum to NEO coin using binance easily.

Click Here to Register a Binance Account

3. Deposit Bitcoin or Ethereum in Binance

After creating an account in binance, you need to deposit BTC or ETH in your binance account to buy NEO coins.

To Deposit BTC or Eth in Binance

  1. Top Right Hand Side, You will find Funds, in Funds drop-down click on Deposit and Withdrawal

Binance Deposit ADA

2. Search for Bitcoin or Ethereum coin

3. Click on deposit

4. You will get a Bitcoin or Ethereum Deposit Address

5. Copy the address and transfer the required Bitcoin or Ethereum from Coinbase or LocalBitcoin to that Bitcoin or Ethereum address.

4. Buy NEO Coin

After depositing your BTC or ETH to Binance, now you can buy NEO coin in Binance.

To Buy NEO Coin
  1. Click on Exchange in Left Side Top, in drop-down click on basic.
  2. Select BTC or ETH on the right side.
  3. Click on NEO/BTC if you are buying using Bitcoin or Click on NEO/ETH if you are buying using Ethereum.
  4. Enter Price and Amount.
  5. Click Buy NEO.

Read This : How to Buy Stellar Lumens Coin

(METHOD 2) How to Buy NEO Coin – Where to Buy NEO Coin? using Bittrex

1. Buy Bitcoin or Ethereum 

Firstly, you need to buy Bitcoin or Ethereum to buy NEO because you cant use your fiat currency which is the normal currency that you use such as US Dollar or Euro or Indian Rupees. 

These are the best place to buy Bitcoin (BTC)

These are the best place to buy Ethereum (ETH)

  • Coinbase (You will get free $10 worth of ETH if you buy ETH for $100)

2. Register and get a Bittrex account

After you brought Bitcoin or Ethereum, you need to register and get a Bittrex account. You can easily exchange your bitcoin or Ethereum to NEO coin using Bittrex easily.

3. Deposit Bitcoin or Ethereum in Bittrex

After creating an account in Bittrex, you need to deposit BTC or ETH in your Bitrrex account to buy NEO coins.

To Deposit BTC or Eth in Bittrex

  1. Click on Wallets in Right Side Top Menu Bar.
  2. Click on Add or + icon in Bitcoin to Deposit Bitcoin or Click + in Ethereum to deposit eth.
  3. A Unique deposit address will be generated.
  4. Copy the address and transfer the required Bitcoin or Ethereum from Coinbase or LocalBitcoin to that Bitcoin or Ethereum address.

4. Buy NEO Coin

After depositing your BTC or ETH to Bittrex, now you can buy NEO coin in Bittrex.

To Buy NEO Coin
  1. Click on Market on Top Left Hand Side Top Menu Bar.
  2. Click on NEO/BTC if you are buying using Bitcoin or Click on NEO/ETH if you are buying using Ethereum.
  3. Enter Price and Amount.
  4. Click Buy NEO.

Conclusion on How to Buy NEO Coins

We hope that we have explain you how to buy NEO coin or where to buy neo easily step by step. If you still face any problem, then please comment below or contact us at buyersguidex@gmail.com. Thank You and please do share this article with your friends.