Another way to acquire LDO is by participating in liquidity mining programs on supported platforms. You can earn attractive interest over a specific period by providing liquidity how to buy neo in LDO. Liquidity mining is considered one of the safer strategies to grow your crypto portfolio, especially for long-term “HODLers” who wish to accumulate tokens steadily.
- This will help you predict more accurately the future price of the token.
- We list the top 5 exchanges that offer the ability to buy NEO (NEO) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
- Crypto asset investing is highly volatile and unregulated in some EU countries.
- In some countries, you will find unregulated platforms that advertise KYC-free trading, these expose the investor to greater risks.
- For example, you need to rely on a crypto exchange to hold your assets securely and continue supporting the cryptocurrency tokens you’re invested in.
If you plan on day trading your NEO, then you’ll need to keep your crypto on an exchange. You can’t trade cryptocurrencies from most crypto wallets, but some high-tech wallets let you exchange crypto using smart contracts. If you’re holding your NEO in a crypto wallet, you’ll need to send it back to an exchange in order to sell it. To transfer your NEO tokens from your crypto wallet, just enter your exchange’s NEO address in your crypto wallet and send it on its way. There are platforms that expect a minimum deposit of $250 while others have no minimum limit. If you register on Pepperstone, you are free to trade with no lower limits.
How to buy Neo (NEO)
In terms of deposit fees, there is quite a range between crypto platforms. For instance, at Coinbase clients pay 3.99% for each and every debit card transaction. This means that in our example above you would have paid $79.80 to enter your NEO position – had you used a debit card. Then, when you exited your position, the standard 1.49% commission would have kicked in.
- The mobile app makes it easy to manage your portfolio and trade from anywhere.
- Once your crypto account on the exchange is credited, you can proceed to the transaction portal to order your NEO token.
- It is generally not a good idea to do this anyway and we recommend using an exchange or broker where ID verification is required.
- Customer account limits are displayed in the Limits section of My Account.
- If your investment methodology is about earning quick profits, then the second route of trading tokens through financial instruments is a superior alternative.
Additionally, this is a full node wallet, meaning you will download the complete NEO blockchain to your machine, which could take a while. The most logical place to get a https://www.tokenexus.com/ NEO wallet is directly from the NEO website, as it features desktop, web and mobile versions. Customer account limits are displayed in the Limits section of My Account.
Store NEO in Your KuCoin Account
What worked in Binance’s favor is its large selection of trading and analysis tools and effective services. Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions.
OKX: Low Exchange Fees
As we said, regulation offers a secure and trustworthy space to buy NEO – in an otherwise dubious expanse of unaccountable crypto platforms. We’ll walk you through the steps of choosing a broker, understanding the potential risks and rewards, and completing your NEO investment in the safest way possible. While we are independent, we may receive compensation from our partners for featured placement of their products or services. As seen historically, the cryptocurrency NEO has been able to stray from its usual price path quite often. Therefore, by the end of the year, factors like Neo’s competitors, the overall Bitcoin markets, and other external factors can play a huge role in determining what’s ahead for Neo. By the end of 2023, Neo’s price might climb to a maximum price of $15 with an average price of $14.
EToro’s social investing features distinguish it from its competitors, making it easy to connect with and learn from other Neo traders. You can even view stats on other users’ risk profiles and profit margins, and choose a successful trader to copy with the unique CopyTrader feature. Whilst not many online brokers allow you to buy NEO with Paypal, eToro does.