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, May 25th, 2022, 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 $810,509,998, the rank among other cryptocurrencies (based on the capitalization) is #76. The current rate of 1 NEO is $11.51 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 22% of exchanges (4 of 18) currently having active orders at ExchangeRates.Pro: 2 Exchange Brokers, 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!
There are some worthy and undoubtedly good, trusted exchanges among the ones with NEO support. One of them, CEX trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging NEO. The service is extraordinarily fine, very few of the rest 331 exchanges and 14 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making CEX an ideal trading platform for buying, selling and exchanging NEO in United States:
CEX is a Trading Platform; CEX.IO LTD (dba CEX) had started the project back in July 2014. The company is incorporated in the United Kingdom and headquartered in London. The official street address of CEX is 24th Floor One Canada Square, Canary Wharf London E14 5AB. The operational entity is a registered, regulated and licensed financial company. License granted by the FinCEN, the Firm is holding the Money Transmission license. FINCEN registration number 31000176194955. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 29 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BUSD, DAI, DASH, DOGE, DOT, ETH, ICP, KSM, LINK, LTC, MATIC, NEO, OMG, SOL, SUSHI, TRX, TUSD, UNI, USDC, USDT, WBTC, XLM, XRP, ZRX.
The customers are welcome to buy and sell coins and tokens with 3 national aka fiat currencies: EUR, GBP, USD. Totally 8 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, cex.io is offering some other services, that could be interesting for crypto-users, like Lending, Margin Trading, Faucets (small amounts of cryptos for free), Staking, MasterNodes, etc. (passive income opportunity). Impressive, right? The features that our users enjoy the most out of this wonderful platform:
CEX currently provides 6 ways of purchase and sale NEOs in United States with the national currencies and the most exciting news are that the payments in US Dollars are possible:
Sweet! Buying and selling with fiat aside, there are 10 cryptocoins and tokens exchangeable with NEO: BCHABC, DASH, ETH, LTC, OMG, TRX, USDT, WBTC, XLM, XRP can be converted to NEO and vice versa any time you please.
People love this Trading Platform; our ranking algorithms also came up with a high score. Hence we award CEX with a special status: the best Trading Platform worldwide! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 332 exchange websites and apps! The outline is that cex.io is truly remarkable service with reference to safety, reliability, reputation, etc., all over... We are confident, you won't have any regrets choosing this one!
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 two exchanges to buy and sell neos in United States:
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 4 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 6 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 with US Dollar, the ones that will surely be good for the domestic currency 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 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
There are currently 3 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 5 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 46 other cryptocurrencies? It's possible to convert NEO to/from 94% 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 163 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: