For long term strategies, it is best to have a licensed online broker by your side. Long term traders tend to spend a vast amount of capital on investing, so a trustworthy platform will make the process easier for you. However, trading NEO against a fiat currency is likely to get you access to higher liquidity and hence, better spreads on trades. When you opt for crypto-crypto pairs, you are trading the value of NEO against another cryptocurrency. You need insight into the value and market of both cryptocurrencies to make the right speculation.

• Our NEO exchanges table show liquidity and also rating to measure how trusted is these liquidity stats.
• If you’re a seasoned professional and want to invest heavily in crypto, choose advanced KYC and if you’re a newbie and want to get started with trading, choose primary KYC.
• Regardless of whether you are going long or short, you will need to execute one of these orders to enter your trade.
• It should be noted that Paypal is accepted at fewer exchanges than normal bank transfers or credit card payments.
• The idea was that any real asset could be digitized with tokens, and be soled or exchanged.
• NEO is one of the twenty largest cryptocurrencies in terms of market capitalisation.
• In order to store your Neo tokens you will have to use it in combination with the NEON wallet.

However, that does not diminish any risks involved in trading NEO. You have to invest time in understanding the asset, and find an efficient regulated broker to give you access to the market. NEO is a blockchain-based platform that aims to build a smart economy. NEO is the official currency of this network and can be traded either against other cryptocurrencies, or fiat currency.

The CoinCodex Cryptocurrency Price Tracker

Buying and selling Neo is easy when you create and verify an account on Beaxy. In just a few minutes you can complete the KYC process and be ready to fund your account and start trading. This prepares you to be able to take advantage of fiat pairs that will be implemented soon as well as other cool and exciting features that are currently in development. Super secure and convenient crypto wallet available anywhere at anytime.

Using the private key, you can access their NEO tokens or GAS coins to spend them. NEON is a ‘light’ wallet, enabling users to interact with their currencies https://www.tokenexus.com/ on the NEO blockchain  without having to store all of the data. Light wallets save a significant amount of processing space, time and money.

Step 3: Select the “Buy/Sell” option on the menu, once our account is verified

The majority of NEO trading with stablecoins is done on Binance Futures. Binance is the best choice when it comes to trading NEO with stablecoins. To make things simpler, how to sell neo we have created a list for you to crosscheck the qualifying factors of online brokers. In trading, every second, every penny, and every decision carries tons of weight.