What is NEO (NEO)?
NEO is an open source blockchain designed to create a scalable and decentralized network for the smart economy. It integrates digital assets, digital credentials and smart contracts, allowing users to automate the management of digital assets through its smart contract system. The platform utilizes a dual token model, with NEO serving as the management token and GAS being used for transaction fees and smart contract execution, ensuring efficient and transparent interactions on the network.
NEO utilizes a consensus mechanism called Delegated Byzantine Fault Tolerance (dBFT), which provides high throughput and low latency, making it suitable for large-scale commercial applications. The platform also supports multiple programming languages, making it accessible to developers with different technical backgrounds. Through its comprehensive ecosystem, NEO aims to create a smart economy where digital assets, credentials and contracts are seamlessly integrated.
How to Buy NEO on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing NEO. Some reputable platforms include Bybit、OKX、Binance, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing NEO.
Step 5: Purchase NEO
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of NEO you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy NEO.
Step 6: Store Your NEO
After purchasing, you can choose to store your NEO in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and NEO assets, be sure to use a strong password and enable two-factor authentication.
NEO Price:The price fluctuates daily, You can go to the exchange: okx to check the price.
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