A Step-by-Step-Guide on how to buy NEO (NEO)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. NEO (NEO) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate NEO (NEO) As soon as your deposit has been verified, you will now have access to your funds and you can initiate buying and trading. To invest in NEO (NEO) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot NEO (NEO), you will need to put the cointype (NEO) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “NEO/BTC” to go ahead.
Step 4 – Acquisition of NEO (NEO) Once you have found NEO (NEO), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most latest price NEO (NEO) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of NEO you wish to purchase. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of NEO. If you're glad, click on “Buy NEO”. Your plan will be filled as soon as a Seller trades their NEO for the price you offered.
Step 5 – Withdraw NEO (NEO) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time frame. To take off your NEO (NEO), go to the ”Funds” tab and mouse click on “Withdraw”. NEO (NEO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEO (NEO) by using the provided drop-down box. Enter the amount of NEO (NEO) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.