A Step-by-Step-Guide on how to buy NEO (NEO)
Step 1 – Join Kraken In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. NEO (NEO) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate NEO (NEO) As soon as your deposit has been approved, you'll immediately have access to your funds and you can initiate buying and trading. To buy NEO (NEO) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To spot NEO (NEO), you'll need to insert the short name of the asset (NEO) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “NEO/BTC” to proceed.
Step 4 – Buy NEO (NEO) After you've spotted NEO (NEO), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the latest tariff NEO (NEO) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of NEO you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of NEO. If you are glad, make a mouse click on “Buy NEO”. Your plan will be filled when a Vendor sells their NEO for the price you offered.
Step 5 – Withdraw NEO (NEO) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time frame. To take off your NEO (NEO), go to the ”Funds” tab and mouse click on “Withdraw”. NEO (NEO) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find NEO (NEO) by using the given drop-down box. Put into the volumen of NEO (NEO) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click “Submit”. You could be requested for phone/email verification ahead of a take off.