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4 simple steps to buy NEO in India

We know that altcoins help us to increase our number of bitcoins. So we have brought a good altcoin to buy today. We will look at how to buy NEO in India. Here is the list of altcoins that can give you monstrous gains.

What is NEO?

What is NEO
What is NEO

NEO is an open-source decentralized blockchain platform and cryptocurrency founded in 2014 by Da HongFei and Erik Zhang which is designed to digitize assets using smart contracts.

One of the best thing about NEO is, it supports almost all programming languages like C, C++, JAVA, JAVASCRIPT, PYTHON, etc. NEO is better than Ethereum because it cannot be easily hacked. NEO is aiming to be in top place by 2020.

NEO aims to build a platform on which other decentralized applications can be built by allowing users to execute smart contracts on their blockchain, thus increasing the spread of the blockchain technology.

NEO follows a smart contract way in which the agreements are coded making it difficult to hack and no need to require for a third party. But in Ethereum, contracts can be coded only with Solidity language.

Some of the benefits are digital assets, digital identity, smart contracts, Dapps and lots more.

Also, NEO uses a consensus mechanism called Delegated Byzantine Fault Tolerance that offers lower electricity costs and lesser possibility of a chain break.

According to Coin Market Cap, it has given 6153% of ROI to its early investors

How to buy NEO in India

How to buy NEO in India
How to buy NEO in India
  1. Get a NEO wallet 
  2. Locate your NEO address 
  3. Go to the website you are comfortable with. 
  4. Deposit Bitcoin / Ethereum to your account and Buy NEO with Bitcoin / Ethereum 
  5. And finally, withdraw your tokens.

Where to buy NEO?

Some of the best platforms to buy NEO,

  • Binance ( Cards & Cryptocurrency )
  • Bitfinex ( Wire transfer & Cryptocurrency ) 
  • Bittrex ( Wire transfer & Cryptocurrency ) 
  • Hitbtc ( Cryptocurrency only)
  • Upbit ( Wire transfer, Cards & Cryptocurrency)
  • Okex ( UPI, Cards & Cryptocurrency)

One can pay with a credit card or wire transfer while others only allow the purchase of NEO coins with other cryptocurrencies such as Bitcoin or Ethereum. Currently, the only exchange that accepts fiat money (USD, EUR, GBP, etc.) in order to purchase NEO is Hitbtc.

When looking to purchase NEO coins with Bitcoin or Ethereum, You can purchase directly on the exchange and transfer it to another any exchange that supports NEO. 

Buying Bitcoin or Ethereum is particularly easy with methods of payment including credit card, bank transfer. Some best services include,

  • Coinbase
  • Changelly
  • LocalBitcoin
  • CEX.IO
  • Coinmama

Buying cryptocurrencies like NEO in exchange for fiat currencies like USD, EUR, GBP through centralized exchanges is quite easy. These exchanges provide you fiat linked crypto wallets in which you can deposit fiat currencies and buy NEO in exchange for it.

About the author

Wikicrypto45

I am Vijay Dangi, a Cryptocurrency, and Blockchain enthusiastic from India. I became interested in Cryptocurrency and Blockchain Technology in 2017 when I came across the powerful security of blockchain while browsing Youtube. I was very inspired and keen to invest in Bitcoin at the same time. But rules and regulations in India didn't allow me to do that. So I started a blog to follow my passion for Cryptocurrency and Blockchain Technology.

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