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 – Send Your Funds to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. NEO (NEO) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find NEO (NEO) As soon as your deposit has been approved, you'll now have access to your assets and you can commence invest and trading. To buy NEO (NEO) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot NEO (NEO), you will need to insert the shortname of the coin (NEO) into the search box, which is marked in the picture. Make sure you have choosen the proper pairing, we've marked this too. Click on “NEO/BTC” to progress.
Step 4 – Buying NEO (NEO) After you've found NEO (NEO), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation NEO (NEO) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of NEO you wish to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of NEO. If you're happy, click on “Buy NEO”. Your order will be filled when a Vendor trades their NEO for the price you submitted.
Step 5 – Withdraw NEO (NEO) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. To take off your NEO (NEO), hover over the tab called “Funds” and click on “Withdraw”. NEO (NEO) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate NEO (NEO) by using the given drop-down box. Drop in the volumen of NEO (NEO) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.