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 – Transmit Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. NEO (NEO) is obtainable 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 this guide) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate NEO (NEO) Once your deposit has been verified, you will directly have access to your funds and you can start purchasing and trading. To buy NEO (NEO) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To discover NEO (NEO), you will need to insert the short name of the asset (NEO) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “NEO/BTC” to go ahead.
Step 4 – Acquisition of NEO (NEO) After you have discovered NEO (NEO), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're making our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff NEO (NEO) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of NEO you like to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole volumen of NEO. When you are glad, click on “Buy NEO”. Your order will be filled as soon as a Seller sells their NEO for the price you gave.
Step 5 – Withdraw NEO (NEO) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended period of time. In order to take off your NEO (NEO), go to the ”Funds” tab and click on “Withdraw”. NEO (NEO) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find NEO (NEO) by using the given drop-down box. Put into the quantity of NEO (NEO) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.