How to Buy Neo (NEO)

Just think how smart you would have been buying Bitcoin at this undervalued price. With that kind of upside.  As I write this, NEO is trading at USD 11.064.

An excellent price for a truly global blockchain platform positioned to be a major player in the Smart Economy. Especially after major upgrades launched less than a year ago. 

How to Buy NEO Coins

  1. Create a Crypto.com account - We recommend using Crypto.com as it offers new users a 10% rebate on trading fees for 12 months.
  2. Add a payment method - Add your payment method and fund your account.
  3. Research the coin - Search for the coin by name or ticker symbol - NEO.
  4. Decide the amount of coins - Now it is time to decide how many coins you want to buy of Neo.
  5. Purchase coins of NEO - Buy the amount of coins you want with at the current price on Crypto.com.

Why we like Crypto.com:

Crypto.com is a cryptocurrency exchange app based in Singapore. It is on a mission to accelerate the world's transition to cryptocurrency.

>> Read our full review

Trading fees: 0%-2.99%

Account minimum: $0

Promotion:  New users a 10% rebate on trading fees for 12 months

What is Neo?

Neo is an open-source blockchain platform. Supported by many international developers, it provides a platform for building decentralized applications.

Neo enables automated management of assets, decentralized storage, and even domain name services.

Who Are the Founders of Neo?

Neo was founded in 2014 by Da Hongfei and Eric Zhang as Antshares. Some of the earliest developers to get on board with Neo were COZ, NeoEconoLabs, and O3 Labs. 

Neo’s Shanghai home office now boasts over 50 employees. The worldwide developer network is even larger.  Neo became one of the top 20 cryptocurrencies within three years of its inception by achieving $5 Billion in market capitalization.

Neo (NEO) Price Today

How Many Neo (NEO) Coins Are in Circulation?

Neo pioneered a system of dual tokens. The Neo coin is the original token you purchase when investing. It is used to accrue value and confers voting rights to the owner.

More coins equal more votes.  GAS coins are used for payments and rewards. They are created by activity on the chain. The more Neo coins you hold and the more active you are within the company, the more GAS reward tokens you will receive.

Neo Coins

100,000,000 Neo coins were created at the company’s inception. This number is a hard cap. No more coins will be created. They were all pre-mined before the company’s ICO.

Approximately 50% were sold in the initial ICO. The balance is held in reserve by the governing council–to be used as required. Holders of Neo coins have the right to vote on company governance, directors, and direction.

Neo coins are indivisible–making them one of the most scarce blockchain tokens. Fewer coins that cannot be divided keep the coin value high and do not dilute your holdings.

GAS Coins

GAS coins are the means of commerce on Neo.org. GAS coins also started at 100,000,000 coins. They were not pre-mined. They are used to allocate resources, finance the blockchain’s daily operations, and reward users. 

Note that GAS coin distribution is heavily weighted to benefit Neo voters. These people take an interest in maintaining the value and integrity of the blockchain.

Each additional block on the chain generates five GAS coins, which are distributed as follows:

  • 10% split among all Neo coin holders
  • 80% split among all successful Neo voters
  • 10% evenly among the 21 Neo Council members

The largest portion of GAS is used to reward and encourage active participation in Neo Governance. Make sure you choose a wallet that allows you to participate in voting and collect your GAS.

GAS tokens are divisible down to a minimum unit value of 0.00000001. You do not require a minimum number of Neo coins to begin collecting GAS.

Holding one Neo coin is enough to provide a benefit.  Neo distributes GAS tokens in a non-discriminatory way. You will receive more GAS if you own more Neo coins.

But the percentage does not change relative to your holdings.  At this time Neo is returning 1.62% on your Neo coin investment in GAS tokens.

A big improvement on your bank savings account.

How is Neo Secured?

Neo is the most popular cryptocurrency in China–as it competes with Ethereum. It is backed by the Chinese government and boasts large corporate investors like Alibaba–greatly increasing its chances of long-term success.

Neo uses the delegated Byzantine Fault Tolerance (dBFT) mechanism. This modified proof-of-stake model ensures blockchain consensus. Neo also keeps its blockchain secure and its network of computers in sync by using dBFT.

Neo is designed to allow and encourage more online businesses. The platform specializes in providing Smart Contracts for enhanced online security.

Neo also understands multiple programming languages, making for a user-friendly operation.  Being more accessible to people with only moderate technological abilities and crypto users without a deep understanding of cryptocurrency will inevitably help secure Neo’s future.

What Makes Neo Unique?

Neo coins are unique because owning even one provides access to all the tools of the Neo platform. It also produces GAS tokens at each block of the chain.

GAS acts as a spendable dividend for Neo coin holders without decreasing their coin holdings.  Neo intends to create an operating platform providing sufficient security to deny access to anyone without a Neo coin. 

The platform allows developers to create Smart Contracts and design new programs.  The unique part of drafting contracts and programs on Neo is the ability to use existing program languages, such as C# and Java–eliminating the need for developers to learn a new programming language.

What About Neo’s Future?

Neo is not resting on its laurels. It has expanded by setting up an office in Seattle, USA. Currently, the new manager focuses on making Neo even more user-friendly than it already is.

By attracting as many of the limited pool of extraordinary blockchain developers as possible.  It is working on further decentralization, allowing developer candidates to apply to become consensus nodes.

Many new and captivating projects–such as Travala and Nash–are also being built on Neo.

Neo Alternatives

Should I Buy Neo (NEO)?

Yes. Neo is a secure and innovative cryptocurrency company. It is not only increasing in value but provides a unique, user-friendly platform for Smart Contracts.

Neo coins also pay dividends.  Many analysts suggest that now is a good time to add some Neo to your holdings.

  • cointobuy.io/neo is predicting a profit of over 200%
  • forexcrunch.com is forecasting a 116% increase in stock value
  • coinmarketcap.com is also recommending the stock as a buy now

Buy your Neo coins now. Become a voting member and collect your GAS dividends while your stock value increases.

Crypto.com

Crypto.com is a cryptocurrency exchange app based in Singapore. It is on a mission to accelerate the world's transition to cryptocurrency.

Cryptodotcom icon

You may also like