How do i invest in NEO coin?
NEO is a blockchain platform and cryptocurrency, which is designed to digitize assets using smart contracts, aiming to bring blockchain to the masses.
It supports common programming languages like Javascript and C++, with improvements to its technology, making it less vulnerable to hackers than Ethereum. The NEO's goal is to become No. 1 blockchain project by 2020.
Buying NEO cryptocurrency using fiat currency isn’t widely supported, but you can exchange it for other cryptocurrencies like BTC, LTC or ETH. NEO is currently listed on more than 40 exchanges globally, where you can trade it with BTC, USDT, ETH and rarely even fiat currency like Euro or Indian Rupees. Top exchanges include Bittrex, Bitfinex, Cryptopia, and more.
How to Buy Neo
Buy BTC from any of the trusted source available in your country,
Exchange BTC to NEO from Coinswitch .co
CoinSwitch will actively help you make the right decision by providing the prices for NEO on the crypto exchanges it’s sold in, all at one place.You can choose whichever pair you want with your NEO token, and CoinSwitch will facilitate the comparison in various exchanges.
CoinSwitchis the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through the global exchanges like KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on them. You can find the best rates offered by the above exchanges on coinswitch .co.
I think you need to buy Bitcoin first, and then exchange it for NEO at any platform which lists it in their markets.
It sucks, that one can't buy NEO with fiats like say BTC or ETH. But probably, it's just a matter of time. As this coin is often compared to Ethereum, and even nicknamed “the Chinese Ethereum”. Being both a network and a digital coin, it supports smart contracts and cryptocurrency assets.
Yeah, it also generates neoGAS, which can be used to pay transaction-related fees. So, that's the reason why people want to invest in it. But since it cannot be purchased directly from F2C exchanges, this can cause some difficulties. Still, there is a way. As TheProblem https://theproblem.wtf/guide-neo/ guide says, in order to obtain NEO you'll have to buy BTC/altcoins, and after that — swap it for NEO. To do that, you need to be registered at both exchanges you're gonna use. Also, it's vital to set up a wallet beforehand and transfer your NEO there.