NEO
What is NEO coin?
NEO coin is the very first decentralized, open-source cryptocurrency and blockchain platform based in China (sometimes NEO is called Chinese Ethereum). The main goal of NEO is helping to convert traditional real-world assets into digital ones with the use of smart contracts. Besides, NEO is there when there is a need to create identity information in electronic form and later access it via multi-factor authentication.
However, those are not all the features the platform has to bring – NEO also allows users to create and manage smart contracts and decentralized applications. The platform has two crypto tokens – NEO and GAS, both cryptos come in a max supply of 100.000.000 units.
NEO cryptocurrency acts as an investment capital of the blockchain. All the 100 million coins were pre-mined during the block creation. Hence, NEO coin mining is impossible..
What are the advantages of NEO?
Smart Contracts. NEO’s system of smart contract creation is truly revolutionary – it supports common programming languages and does not require special skills from the programmers using it.
DApps. NEO is focused on developing decentralised applications. Due to this, they constantly update by adding more profound tools and mechanisms.
How to store NEO coin?
There are not that many NEO crypto wallets out there on the market. However, there are several options that users can consider. Ledger Nano S hardware wallet supports NEO coin along with other cryptocurrencies, also there is a Desktop cryptocurrency wallet called NEON and a Web NEO wallet.
How to buy NEO coin?
NEO crypto is not often purchased with fiat money, but you can buy it with other currencies – Bitcoin, Litecoin, Ethereum and others. Currently, more than 40 major exchanges allow their clients to buy NEO coin . You may always check the most relevant NEO coin price on CoinMarketCap.
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On ChangeNOW , a leading non-custodial cryptocurrency exchange, you can purchase, sell and trade NEO with over 150 crypto coins and tokens listed on our website. We provide the best rates for NEO deals along with user-friendly and convenient service interface.
If you are interested in more NEO news, follow ChangeNOW updates and be sure that we will soon release more informational pieces on NEO value, development and future.
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