NEO is a Cryptocurrency, the network powered by PoS (consensus mechanism based on stacking) algorithm. The original software was developed by Da HongFei & Erik Zhang from CN and first released February 11th, 2014. Nowadays the cryptocurrency is managed by the Onchain, an organization based in the CN. Smart Contracts are supported by the NEO blockchain. The official NEO website is https://neo.org.
As of today, November 27th, 2020, out of totally available 100,000,000 NEO, 70,530,000 are in circulation. It's not possible to mine neos. The total market capitalization of neo is $1,205,155,698, the rank among other cryptocurrencies (based on the capitalization) is #26. The current rate of 1 NEO is $17.09 USD.
NEO utilizes blockchain technology and digital identities to create a "Smart Economy", a distributed network that automates the management of digital assets using smart contracts. The history of the project starts in 2014 (the original name was the Antshares), the mainnet was released in October 2016. The vision of the Smart Economy was set with the rebranding to NEO in 2017; a very successful ICO was organized to raise the funds for further project development. Besides the Smart Contracts and Digital Assets, a crucial part of the Smart Economy is so-called "Digital Identity": any legal entity or individual operating on NEO blockchain receives such digital identity, that can be verified to tie the tokens to real-life identities complying with KYC, AML, and other regulatory requirements.
Nodes on the network need to pass through the identity verification process before they can contribute to the transaction verification (staking). NEO utilizes an improved version of the PoS consensus algorithm, called Byzantine Fault Tolerance Algorithm (dBFT). It relies on a delegated voting process which should make it impossible to fork the blockchain. The dBFT protocol allows NEO network to process transactions fast with a capacity of 1,000-10,000 transactions per second.
The base native asset of the NEO blockchain is a NEO token. These tokens are non-divisible, transaction fees are paid by the GAS tokens that are generated from NEO during the staking process. In March 2018, all the NEO holders also received ONT tokens (1 per five): these can be used for voting on system upgrades, governance issues, and the digital identity verification. The native Smart Contracts system supports multiple programming languages such as C#, Java, and Python (unlike with many other blockchains, developers don't need to learn a new language to develop smart contracts here). NEO sometimes is referred to as the "Ethereum of China”, it's supported by major corporations like Alibaba and Microsoft and even the Chinese government. Some successful ICOs were held on the platform.
NEO is currently supported by 25% of exchanges (2 of 8) currently having active orders at ExchangeRates.Pro: 2 Trading Platforms have offers, allowing you to buy and sell NEO. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap neo with fiat (national) currencies. Here are the top one exchanges to buy and sell neos in United States:
Besides the abovelisted great exchanges, serving United States among other countries, there are also very good international ones among the websites exchanging neos (exchanges that accept US, but don't allow fiat payments there are also in this list). So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell neo using the bank account or local payment system from there) or if you are looking for an exchange for someone else, we have another top list prepared for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro, or feel free to check this selection of top one highest-ranked NEO exchanges from all around the world:
Are you looking for the best place to buy neos? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell NEO, based on your location and preferences.
At this moment, there are 1 offers to buy NEO in United States. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
We've compared a lot of offers to find the top ones; right now we have 257 ways for you to purchase neo available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay from United States, the ones that will surely be good for this country are a little bit above. The top popular ways to purchase NEO crypto:
Even the greatest NEO HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell neos to US Dollar and 151 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
There are currently 4 opportunities to cash out your neo coins in US. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in United States prefer to exchange neo to fiat:
Sometimes you may need to transfer the money to another country. If you are holding NEO, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 966 options to out-exchange the neo to fiat; the most frequently used banks, money transfer operators and global payment systems are:
Did you know that it's possible to exchange NEO to 30 other cryptocurrencies? It's possible to convert NEO to/from 91% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 61 swap possibilities with NEO and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap NEO with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first: