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 Bitcoin or Ethereum to an 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 will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find NEO (NEO) As soon as your deposit has been confirmed, you will directly have access to your finances and you can start invest and trading. To buy NEO (NEO) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to find NEO (NEO), you will need to put the cointype (NEO) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this too. Click on “NEO/BTC” to proceed.
Step 4 – Buying NEO (NEO) As soon as you've spotted NEO (NEO), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price NEO (NEO) was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of NEO you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of NEO. If you are happy, make a mouse click on “Buy NEO”. Your plan will be filled when a Seller sells their NEO for the price you introduced.
Step 5 – Withdraw NEO (NEO) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. In order to take off your NEO (NEO), hover over the ”Funds” tab and click on “Withdraw”. NEO (NEO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find NEO (NEO) by using the provided drop-down box. Put into the amount of NEO (NEO) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You could be requested for verfication via email/phone before a take off.