How to Buy Neo (NEO)

Price of Neo(24h) $7.20 +1.69%

Looking to buy Neo (NEO) or discover other digital assets? You're in the perfect spot! This comprehensive guide walks you through all available methods on how to purchase Neo tokens. While Phemex offers access to 450+ cryptocurrencies and regularly expands our selection with promising new projects, Neo isn't currently listed on our platform. Below, we've outlined a detailed step-by-step process to help you buy Neo (NEO) through alternative channels.

Where can I buy Neo (NEO)

• 1. Phemex Onchain Trade

  Phemex Onchain Trade lets you trade Neo (NEO) directly from your Phemex account with ease. Follow these steps to purchase Neo (NEO):

    1. Access Onchain Trade: Log in to your Phemex account and navigate to the Onchain Trade platform.

    2. Search for NEO: Enter NEO or its contract address in the search bar.

    3. Confirm Availability: If NEO appears in the results, you're ready to trade.

    4. Place Your Order: Select NEO, specify the amount, and complete your purchase using USDT—no external wallet required.

• 2. Centralized Exchanges

  Newer investors may prefer to purchase Neo (NEO) through an established exchange or broker for a more streamlined experience. When choosing a centralized exchange, make sure that it maintains robust security, provides sufficient liquidity, offers competitive trading fees, and supports NEO.

• 3. Crypto Wallets

  You can also consider buying and storing Neo (NEO) through a non-custodial wallet for enhanced asset control. Many leading Web3 wallets enable seamless purchasing and swapping of thousands of digital assets. Simply install a trusted wallet browser extension or mobile app, then generate or import a wallet address to securely manage your various tokens.

• 4. Decentralized Exchanges

  Unlike centralized platforms like Phemex, decentralized exchanges (DEXs) enable permissionless cryptocurrency trading through automated smart contracts. Leading DEXs like Uniswap facilitate the exchange of thousands of cryptocurrency pairs, so there’s a high likelihood you can find a DEX that supports buying and trading Neo (NEO). To use a DEX, simply connect a supported Web3 wallet like MetaMask or Phantom to begin trading.

How to Buy Neo (NEO): Full Guide

• 1.

  Buy Neo (NEO) via a Centralized Exchange

  CEXs still represent the most popular and convenient way to purchase and trade cryptocurrencies. Here’s how to buy Neo (NEO)through a centralized exchange:

  • 1. Select a Trusted Exchange: Choose a reputable centralized exchange (CEX) that supports Neo (NEO). Evaluate factors like user experience, fees, and available payment methods before making your choice.
  • 2. Register & Secure Your Account: Provide the required details to create an account and set a strong password. It’s recommended to enable two-factor authentication for enhanced security.
  • 3. Complete KYC Verification: Most regulated exchanges require identity verification (KYC). The documents needed depend on your country and region. Completing KYC often unlocks higher limits and additional platform features.
  • 4. Link a Payment Method: Connect a credit/debit card, bank transfer, or other supported option. Required details may vary based on the policies of your exchange or bank.
  • 5. Purchase Neo (NEO): You can now go ahead and buy Neo. Either purchase Neo (NEO) directly using USD, EUR, or other fiat currencies if the fiat on-ramp is supported, or first purchase a stablecoin and swap in for NEO via spot trading.
• 2.

  Buy Neo (NEO) through a Crypto Wallet

  Some crypto can be bought directly through a crypto wallet. If supported, use your wallet to purchase Neo (NEO) by following these steps:

  • 1. Choose a Secure Wallet: Select a trusted, reputable wallet that supports Neo (NEO).
  • 2. Download the Wallet: Get the official wallet app from the App Store, Google Play, or as a browser extension. Avoid third-party downloads to prevent scams.
  • 3. Set Up Your Wallet: Create a new wallet or import an existing one. Back up your seed phrase securely, as losing it may mean a permanent loss of funds.
  • 4. Buy NEO with Fiat (If Supported): Use credit or debit cards, bank transfers, or other payment methods to acquire Neo. Note that fees might be higher than on exchanges.
  • 5. Swap for NEO: If direct fiat purchases aren’t available, you can also buy stablecoins like USDT and swap them for NEO in your wallet.
• 3.

  Buy Neo (NEO) on a Decentralized Exchange

  Buying Neo (NEO) via a decentralized exchange means you’ll be trading directly with other users without a centralized intermediary, providing greater privacy since these platforms typically don't require identity verification. The following step-by-step guide explains how to safely acquire Neo (NEO) through DEX platforms while maintaining full ownership of your cryptocurrency holdings:

  • 1. Select a Compatible DEX: Choose a decentralized exchange that lists Neo (NEO) trading pairs. Open the DEX platform and connect your Web3 wallet, making sure that it’s compatible with the network.
  • 2. Acquire Base Currency: Since DEXs only support crypto-to-crypto transactions, to buy NEO you’ll first need to acquire an appropriate base cryptocurrency like ETH or USDT from a trusted CEX such as Phemex.
  • 3. Transfer Base Currency to Your Wallet: Send your purchased base cryptocurrency to your Web3 wallet address. Transfers might take some time depending on network confirmations.
  • 4. Swap for Neo (NEO): Once the transfer completes, use the DEX interface to exchange your base currency for Neo (NEO) tokens

Phemex is the Best Crypto Exchange to Buy Neo (NEO)

• Trusted and Secure

  Phemex implements a hierarchical deterministic cold wallet system and regularly updates our proof-of-reserves to verify that all user assets are backed 1:1.

• Smooth and Intuitive

  Our user’s trading experience is a top priority. Our custom built trading engines can process up to 300,000 transactions per second with instantaneous order response time.

• Deep Liquidity

  Phemex offers deep liquidity for both spot and futures trading. Our high volume order book ensures smooth trading and stable prices for all listed assets.

• Top-notch Support

  We provide 24x7 multilingual customer support, and support staff in our communities on Telegram and Discord are highly active.

Store Neo (NEO) on an Exchange

Keeping your crypto on an exchange allows you to enjoy instant access to a variety of products including spot and futures trading, earning opportunities, lending, and more. CEXs safeguard your assets so you don’t need to worry about managing private keys yourself. Be sure to select an exchange with robust asset and account security, then strengthen protections via settings like 2-factor authentication to block unauthorized access.

What can you do with Neo (NEO) on Phemex?

• Hold

  Safely store NEO in your Phemex spot wallet

• Trade

  Conveniently trade NEO on our spot and futures markets

• Earn

  Expand your assets via NEO earning and lending opportunities

Frequently Asked Questions

• Where can I buy Neo (NEO)?

  Although Neo (NEO) is not currently available for direct purchase on Phemex, investors can still acquire NEO tokens through alternative channels including other centralized exchanges, compatible crypto wallets, and decentralized exchanges.

• How do I use a credit card to buy Neo (NEO)?

  Phemex currently doesn’t offer Neo for direct purchase, but you can still acquire NEO tokens through other exchanges using a credit or debit card. Before proceeding with any transactions, be sure to evaluate the platform’s security measures, market liquidity, and fee structure. Always verify platform legitimacy and watch out for potential scams.

• Should I buy Neo (NEO)?

  It’s impossible to say for sure what NEO price will be at a specific time in the future, but it’s important to conduct your own research. Be aware of your own risk tolerance levels, and it’s recommended to perform both technical analysis and fundamental analysis on the project.

• Is Neo considered a good investment?

  The cryptocurrency market is known for its significant price fluctuations, making independent meticulous research and careful risk assessment essential. Before purchasing Neo (NEO), we recommend studying its historical price movements and market patterns to identify optimal entry points for your investment.

• How can I sell Neo (NEO)?

  You can also sell Neo (NEO) using Phemex Onchain Trade if it's available. Here's how:

  1. 1. Check Onchain Trade: Search for NEO in the Onchain Trade platform to confirm it's available for selling.
  2. 2. Place a Sell Order: If supported, select NEO, enter the amount, and execute your sell order.

  Alternatively, you can sell NEO on other centralized exchanges, through compatible crypto wallets for direct blockchain transactions, or on decentralized platforms supporting Neo trades.

• Alternative Ways to Buy Neo (NEO)

  Beyond the conventional approaches we've outlined, several alternative methods exist to buy Neo (NEO), such as: 1. P2P Crypto Marketplaces. Peer-to-peer (P2P) platforms facilitate direct crypto transactions between buyers and sellers while supporting multiple payment options. This method gives you greater flexibility to choose favorable deals and negotiate directly with trading partners. Remember to exercise caution and verify counterparty reputation to avoid bad terms or potential scams. 2. Crypto ATMs. As cryptocurrency enters the mainstream, crypto ATMs are rapidly expanding globally. These machines can be a potentially convenient way to purchase Neo (NEO) - simply locate a supported ATM near you to complete your transaction. 3. Crypto Gift Cards. While still a niche option, purchasing cryptocurrency with gift cards presents a viable alternative to acquire Neo (NEO). This method allows users to convert gift card balances into NEO tokens if supported.