How to Buy NEO NEO: Step-by-step Guide

Neo is a digital asset that can be used as an asset class when building a diversified portfolio. Its equity potential (the possibility to increase in value) makes it worthy of consideration for modern portfolios. However, we can give pointers to help you arrive at that decision yourself. You can buy immediately at market price or set a price you’d like to buy at.

How to Buy NEO Buy NEO in 4 easy steps

• This makes digital currency a possible long-term alternative to gold.
• You are then free to withdraw this money or reinvest it as you see fit.
• The market cap of NEO stands at 656.82M, with $70.53M NEO in circulation.
• From the bare basics to fees, strategies, and how to find a trustworthy broker.
• Fortunately, we’ve compiled a bunch of reputable exchanges to help you with the process.
• You must also upload an authorized identification card, passport, or driver’s license to comply with AML and KYC rules.

Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready. Once you’re ready to buy shares in Nio, log in to your how to buy neo investing account or trading app. Type in Nio’s ticker symbol and the number of shares you want to buy or the amount of money you’re prepared to invest.

• Although that probably sounds simple enough, this can also be considered a disadvantage.
• One of the major disadvantages of this exchange is that it only trades against BTC.
• Finder, or the author, may have holdings in the cryptocurrencies discussed.
• With a user base of more than 70 million customers worldwide, this CEX also allows investing, staking, and swapping cryptocurrencies and trading NFTs.
• Second, comes the platform fee which is typically levied as an annual fee for holding shares on a particular investing platform.

How to buy Neo (NEO) without fees?

Again, some providers impose no fee, others charge a flat fee, and some services charge a percentage, typically, 0.25% to 0.45% per annum of the underlying portfolio. First is a share trading fee that investors are charged by a platform each time they buy or sell shares. Note that some platforms charge no fee for this activity, while others may charge a flat fee of typically between £6 and £12. Whether you’re a seasoned share trader, or new to stock market-based investments, you’ll need to open an account with a regulated brokerage to buy shares in Nio.

Mini-LEDs are less pricey

In this beginner’s guide on how to buy NEO, we have covered the ins and outs of what you need to know. From the bare basics to fees, strategies, and how to find a trustworthy broker. To reiterate, although it’s not always the case – most crypto-exchange spaces aren’t under the rule of any regulatory body. Once your order is executed, your newly purchased NEO coins will be added to your eToro portfolio. Now, the broker will action your orders such as buy/sell, limit/market – of course, at your selected stake amount. At eToro, you don’t have to throw wads of cash at purchasing NEO, as you can invest from just $25 each time.

Limit or Market Order

How Much Does It Cost to Buy NEO?

Nio (NIO) share price