What is Neo (NEO) Coin
Neo bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together.
Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.
As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.
It’s often been likened to the Chinese version of the Ethereum network.
- Neo is an open-source, community driven platform. The project aims to leverage “the intrinsic advantages of blockchain technology to realize the optimized digital world of the future”.
- Neo launched in 2016 (previously “Antshares”) and relies on a unique dual-token model with NEO and GAS tokens. While NEO is the dedicated network cryptocurrency, GAS tokens are used to perform transactions on the Neo blockchain and are distributed by holding NEO in wallets.
- Neo’s technology is powered by dBFT2.0 (a consensus algorithm) and includes the use of the NeoVM (a lightweight, cross-platform, and scalable virtual machine) with the support of smart-contracts. Other blockchain features include elements such as NeoID (a decentralized identity protocol) and NeoFS (a distributed object storage solution for on-chain data applications).
- It is expected to launch Neo3 in 2020 introducing higher throughput, enhanced stability & security, an optimized smart-contract system, and a feature-packed infrastructure to bolster developer adoption & enterprise support.
How To Buy Neo (NEO) Coin
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Neo coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Neo coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
How Much is a Neo (NEO) Coin
Neo (NEO) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
Neo (NEO) Coin Review
You can learn more about NEO (NEO) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://neo.org/ Github https://github.com/neo-project Medium https://medium.com/neo-smart-economy Documentation https://docs.neo.org/ Telegram https://t.me/NEO_EN Discord https://discord.gg/rvZFQ5382k