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  • Writer's pictureEmre Ata

How to buy Neo?

Updated: Mar 6, 2021

How to buy Neo?

NEO is an indispensable part of the blockchain. As a digital ecosystem, NEO has seen incredible growth in its technical infrastructure and decentralized applications recently. NEO seems to be getting closer to its goal of supporting large-scale, commercial applications with blockchain technology. '' NEO Will Hit The Market In The Third Quarter Of 2020 ''

A robust upgrade of the blockchain that offers high throughput, improved stability and security, and an optimized smart contract system. With the digital economy looking like it's tailor-made for a post-pandemic world, the NEO seems well-positioned. So, how do you buy NEO?

How to buy Neo
How to buy Neo

Our team of experts has created this guide to explain the best ways to buy NEOs, as well as the fastest and cheapest ones too. will provide the necessary steps that can be taken to purchase NEO through credit or debit cards and other known payment systems. If you are new to cryptocurrency, we'll let you know the easiest way to buy NEO on any budget.

Buy NEO With Credit Or Debit Cards

Everyone knows the convenience that credit cards offer compared to other payment methods. You can buy NEO almost instantly with a credit or debit card. However, the fees are some of the highest compared to other payment methods. Credit cards are also only offered as a payment option on the more established global exchanges. In general, brokers are more likely to offer credit and debit cards as a payment option.

The Verification Process For Trading With NEO

You will likely be asked to provide proof of your identity when you sign up. Usually, this is a straightforward step process designed to keep you safe. You'll need to provide a photo ID to prove you are who you say you are. Sometimes you will be asked to upload a photo with the document to make sure it is yours and has not been stolen. This practice is intended to ensure your own safety and to help the broker comply with guidelines, which are designed to prevent money laundering. If you live in an area with strict government regulations, you may need to provide proof of your address with a recent utility bill.

It is entirely possible to make a good profit with NEO using both a long-term and a short-term approach. With the launch of NEO later this year, the value of the token is likely to increase. Increased use of the network could be another driving force behind the price of NEO. You have to decide for yourself whether you want to hold NEO for the long term or prefer to realize short-term profits.

Why Buy NEO Instead Of Trading?

The advantage of owning NEO is that you can benefit from the increasing use cases of the network, both in terms of the value of the NEO token and the distribution of system fees to NEO holders. However, the long-term approach with an exchange is somewhat more complex than trading with a broker. It is advisable to collect your coins and transfer them to a wallet that you have chosen after extensive research. Probably the fastest way to buy NEO is through a broker. With a broker, you can buy and trade NEO immediately without having to own the underlying asset.

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