NEO, formerly known to the public as “Antshares,” is a cryptocurrency and “smart economy” based protocol that runs in a decentralized & distributed manner to deliver fast, low-cost transactions on an inclusive platform. NEO is many times called the “Ethereum of China” because it implemented smart contracts, similar to the Ethereum Virtual Machine (EVM).
NEO was founded in 2014 by a group of Chinese developers led by Da Hong Fu (Also the co-founder of OnChain), with a vision of creating a framework for infinite amounts of subsequent blockchains. Rather than serving a singular purpose, the vision behind NEO was to establish a platform and ecosystem for the age of the Internet in the most user-efficient way possible. Since its inception in 2014, NEO has grown to obtain billions of dollars in market capitalization and has served as a staple for the overall cryptocurrency economy, being one of the market’s most actively traded digital assets.
How to Buy NEO (Quick Step Guide)
- Step 1: Open an eToro Account – The first step is to open an eToro Account, which requires one to sign up and provide KYC details.
- Step 2: Deposit Funds – Link a deposit method and then proceed to fund your account for $10 if you are from the UK or the US. You can fund your account using crypto or fiat methods like debit/credit cards.
- Step 3: Search for NEO – Find a pairing of “NEO” to your deposited crypto – on eToro, you must search for the token by typing in the ticker name – NEO – in the search bar.
- Step 4: Buy NEO – Click on the “Open Trade” button, put in your buy order, enter the amount of NEO tokens you want to buy, and click on the Trade button to submit.
Where to Buy NEO in 2024?
Neo is a reputed cryptocurrency that has been listed on numerous cryptocurrency exchanges. Most of these crypto exchanges are some of the best in the industry and boast some exciting and helpful features that might intrigue any crypto investor, whether novice, intermediate, or advanced.
Hence, for the investors to figure out the best platform for them, many factors must be considered. These include the fees of the platform, the number of currencies listed there, additional features like copy trading, safety, and the overall user experience, which makes it a worthwhile experience for the final user, too.
Here are some of the best crypto exchanges users can browse to buy, sell, and trade NEO in 2024.
eToro: Safe, Secure & Efficient
The first and safest place to buy NEO in 2023 is via eToro.
eToro has become a global and trusted brand in crypto exchange platforms since its launch in 2007. 
The platform’s user-first approach has enabled it to roll out some fantastic features, making it the first choice for many.
Considering the new and beginner users, eToro might just be the best platform for them to explore and understand cryptocurrencies.
The platform has rightly focused on providing its users with the correct information and educating them. Its ‘dummy account’ or Virtual Money Account, which gives users up to $100,000 to spend and test the platform, is truly unique.
And for those wanting to diversify their crypto portfolios, eToro offers smart portfolios – which offer some of the best altcoins. Traders will also find it easier to trade thanks to the platform’s social trading mechanics that involve copy trading, where they can copy the investing strategies of successful traders.
Registering on eToro is simple, and the interface makes a user’s efforts worthwhile.
- An overall community experience with features like copy trading and social trading
- An established global platform
- A diverse platform with multiple financial assets
- Demo account and trading options
- User-friendly interface and experience
- Only available in 46 US states
- Limited ETF and stock selections
- Higher than average trading fees
Your capital is at risk
Binance: Various Versions Depending on Suitability
Binance is a well-known name in the crypto and blockchain industry. It is the world’s largest cryptocurrency trading platform in the world. 
Headquartered in Hong Kong, Binance was launched in 2017, and since then has become one of the most prominent known names in the crypto sphere.
What worked in Binance’s favor is its large selection of trading and analysis tools and effective services. Users prefer Binance due to this and various other factors.
Binance rose to popularity due to its consistent effort to provide the best to its users. It has solid and consistent features like the Binance eWallet, the mobile trading app, analytical charts, and deep-depth research for the foremost crypto investors.
Furthermore, the users who join the platform don’t face many problems depositing and withdrawing their funds from the Binance platform.
- Large enough selection of cryptocurrencies
- A long list of services on offer
- Low fees
- A great analysis tool that can be helpful for advanced investors.
- Lacks proactive customer support
- Lengthy and complex account verification process
- Only available in 46 US states
Your capital is at risk
OKX: Low Exchange Fees
OKX is a crypto exchange platform based out of Malta. Founded in 2014, the exchange has come a long way since its beginning. 
It is active in over 100 countries and ranks 4th regarding trading volume.
OKX provides some excellent financial services. From earning interest via staking to flexible borrowing, the platform caters to various financial needs via its platforms, catering to different types of users. Its unique features make it many crypto investors’ first choice.
The platform has an immaculate and easy-to-use interface that lets beginners get the hang of the things on OKX. This is further accentuated by the multiple payment options available on OKX, including debit cards, credit cards, wire transfers, Google Pay, bank transfers, etc. It offers a large variety of crypto options to its users, too, allowing them to diversify their portfolios.
This further improves with a comparatively lower fee structure, zero deposit, and low withdrawal fees. If users face any problems on the OKX platform, they can also connect with their 24×7 customer support.
- Low trading fees of around 0.10%
- Higher interest staking options for long-term investors
- Zero OKX deposit fees
- Easy-to-understand interface
- Not available for users from the United States
- Low liquidity for a few currencies
- A low but multi-tiered fee structure
Your capital is at risk
What is NEO
NEO is much more dynamic than a simple static cryptocurrency. While the China-developed crypto still functions similarly and possesses many relative benefactors to those of traditionally used mainstream cryptocurrencies such as Bitcoin, NEO functions as more of an “economy” or platform instead of a protocol. NEO goes by the same ticker when traded or transferred across platforms or wallets: $NEO. In the case of purchasing or trading NEO on platforms such as Binance, pairs such as NEO/USD or NEO/GBP will be prevalent.
The foundational layer that serves as the backbone for all NEO processes works parallel to the originally proposed idea of “Smart Contracts” by Nick Szabo in 1996. While other blockchain infrastructures such as Ethereum and EOS have also taken to the concept of smart contracts, NEO has catered more to the idea of incorporating a “storage”-like system through their blockchain, something that the technology in Ethereum or EOS may be stifled in accomplishing. The idea that encompasses NEO is that the platform can serve as the framework for subsequently issued blockchains, applications, transactions, and much more. As a result, multiple layers or “pillars” compose the NEO concept.
NEO’s take on smart contracts is what they refer to as “NEO Contracts.” These contracts are arguably what powers the entirety of the NEO ecosystem, as developers and participants in the NEO network all in some way will interact with a variety of smart contracts. While the core concept behind NEO contracts is similar to that of Ethereum or EOS, it is more complex as NEO enables you to develop the NEO economy with contracts using many different development frameworks. These contracts include mechanisms and foundational forms of technology that allow developers to create virtual agreements amongst different parties through code. In many ways, these agreements can serve as “virtual escrow systems.”
While there is more to what makes NEO individual and unique amongst remaining cryptocurrencies, proving to be the most widely used and most efficiently adopted innovative economy seems to be NEO’s primary goal.
Is it worth Buying NEO in 2024?
In the wake of a turbulent 2022, characterized by a persistently bearish market sentiment, whether to invest in NEO in 2023 has become a topic of keen interest. Last year saw NEO’s value plummet from a starting point of $25 to a low of $9 due to regulatory concerns and market uncertainties.
2023 brought a mixed bag of developments for NEO, with distinct phases reflecting the ever-changing market dynamics. The year kicked off with a glimmer of hope as NEO managed a partial recovery, pushing its price to around $14 in April. However, this upward momentum was short-lived, quickly giving way to a retracement that saw NEO’s value drop below the $10 mark.
As the months progressed, NEO’s price entered a period of relative stability. From June 2023 onwards, the coin’s value remained confined within the range of $7 to $10, highlighting the ongoing challenges posed by the broader market environment.
Amidst this price volatility, NEO’s ecosystem has shown resilience and growth. The Neo Global Development General Monthly Report for June 2023 highlighted many positive developments. The Neo ecosystem witnessed expansion by supporting new projects, strategic marketing efforts, and initiatives to enhance token liquidity through listings and migrations. The team also continued to foster collaborations, as evidenced by Neo’s sponsorship of the TOKEN2049 conference and participation in events like the Tribeca Film Festival.
Recent technical advancements have underscored Neo’s commitment to innovation and cross-chain interoperability. The launch of O3 Swap on Neo N3 has enabled users to seamlessly swap tokens across Neo and 14 other chains, thus bolstering liquidity and accessibility.
Community engagement remains a priority for Neo. The platform hosted various events, including AMA sessions, cross-chain airdrops, and DeFi-themed discussions to involve its user base in shaping the platform’s future.
The ecosystem’s growth is further exemplified by the diverse range of projects making strides within the Neo environment. Flamingo Finance, Perlin Finance, and O3 Labs are just a few of the initiatives contributing to the ecosystem’s vibrancy.
Fluctuations have marked NEO’s price trajectory in 2023, but the ecosystem’s resilience, growth, and continuous development efforts paint a broader picture. As always, prudent research and consideration of one’s investment goals are paramount in deciding whether NEO is a worthy investment in 2023.
Your capital is at risk
NEO Price
In the ever-fluctuating landscape of cryptocurrency markets, NEO, a prominent player in the NEO Network sector, currently finds itself amid a bearish sentiment. As of the latest update, NEO’s price is $7.21, representing a 2.10% increase over the last 24 hours. However, this uptick doesn’t mask the larger trend of recent price struggles.
With a 24-hour trading volume of $28.65M and a market capitalization of $508.47M, NEO maintains a market dominance of 0.05%, underscoring the coin’s presence within its sector. However, its price journey has been marked by notable highs and lows.
NEO’s highest historical price was achieved on January 15, 2018, when the coin soared to an all-time high of $195.95, showcasing the remarkable price potential of the cryptocurrency. Conversely, NEO’s all-time low was recorded on October 21, 2016, at a mere $0.072287.
Recent market dynamics have led NEO to experience a price low of $4.18 since its previous all-time high, underscoring the volatility and fluctuation inherent in cryptocurrency. In contrast, a recent cycle high saw NEO’s price reach $138.87, showcasing the potential for substantial gains even amidst periods of turbulence.
The circulating supply of NEO currently amounts to 70.54M out of a maximum supply of 100.00M. This distribution emphasizes the platform’s approach to scarcity and scarcity as it navigates the market.
The NEO ecosystem faces a sentiment leaning towards bearishness, reflecting the broader market context. Furthermore, the Fear & Greed Index stands at 38, indicating a state of fear among investors and market participants.
While NEO’s recent price trajectory has faced challenges, its historical highs and lows illustrate the coin’s potential for both significant gains and notable volatility. As the cryptocurrency market evolves, the current bearish sentiment will give way to renewed bullish momentum, or if further challenges lie ahead.
NEO Price Prediction
Predicting NEO’s price in the volatile cryptocurrency market is a formidable challenge. With its current price at $7.21, a recent 2.10% increase, NEO’s future trajectory remains uncertain. Historical highs and lows, alongside factors like ecosystem developments, market sentiment, and regulatory changes, will all contribute to its performance. While past trends suggest potential gains and losses, the broader cryptocurrency market’s trends will also play a crucial role in shaping NEO’s price movements.
Here’s a 5-year price prediction for NEO, which can assist users in understanding the price movements, volatility, and the other factors that will affect NEO’s price in the coming future.
Neo Price Prediction 2023
Neo’s price prediction for 2023 depends on a lot of factors. As seen historically, the cryptocurrency NEO has been able to stray from its usual price path quite often. Therefore, by the end of the year, factors like Neo’s competitors, the overall Bitcoin markets, and other external factors can play a huge role in determining what’s ahead for Neo. By the end of 2023, Neo’s price might climb to a maximum price of $15 with an average price of $14.
Neo Price Prediction 2024
In 2024, things for Neo start to look a bit more optimistic. Cryptocurrency has scope for expansion. This will be due to its continued focus on developing technology and highlighting the problem areas. Moreover, technological collaborations with similar companies might also play a significant role. In 2024, NEO might also be able to cross the $20 mark. Hence, the maximum price for NEO in 2024 will be $20.73, with a minimum of $16.59 and an average trading price of $18.25.
Neo Price Prediction 2025
Taking the upward trend from 2025 forward, NEO might be able to touch newer highs further, nearing $30 levels. The maximum price for Neo in 2025 could be $29.03, with a minimum of $24.88 and an average price of $26.54.
Neo Price Prediction 2026
By 2026, things will seem bright for NEO as a cryptocurrency. This will be due to the overall predicted adoption of cryptocurrencies and how well Neo and its services adapt to the new realm. Taking its positive growth of the previous 3-4 years further, the crypto might as well reach the $37 maximum price, followed by an average of $35 and a minimum price of $33.
Your capital is at risk
Ways of Buying NEO
Listed below are some of the ways to buy NEO:
Buy NEO with Paypal
Most users would find Paypal to be the best way to buy NEO. The process requires linking their PayPal account with eToro or any other platform. This process is suitable since it doesn’t require furnishing the bank details repeatedly.
Buy NEO with Bank Transfer
Bank transfer is another technique to buy NEO. Providing bank details for account verification is the mandatory step to complete this process. It is also very time-consuming
Buy NEO with a Credit/Debit Card
Platforms like eToro allow investors to buy crypto like NEO using debit and credit cards. Credit and debit card charges can be high, primarily due to the card company charging them.
Your capital is at risk
How to Buy Neo – Step-by-Step Guide
Step 1: Registration on eToro
To get started on Etoro, the first thing you will have to do is visit etoro.com and create an account. To do that, you will simply have to fill in a short registration form requiring you to provide details such as full name, email address, and a password that you will need to login in whenever you want.
Step 3: Deposit funds
Once you have created an account, the next step is depositing funds. Click on the deposit button in the bottom left corner once you have logged in and are ready to start.
Step 3: Buy NEO
Now, all you need to do is go to the search bar, enter “NEO,” and click the open trade button beside it. Enter the amount of NEO tokens to buy and click the “Trade button” to execute the order.
Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.
Your capital is at risk
How to Sell NEO?
Listed below are the five steps to selling NEO
- Go to eToro and click on the portfolio button
- Select “NEO”
- Click on the red cross ab
- Select the number of NEO tokens to sell on the pop-up that appears before you
- Click on the “close trade” button to close your position on NEO
Conclusion
NEO is an excellent framework for those looking to engage in an alternative form of distributed development and those looking to utilize its functionality in an unsaturated, innovative economy. While the platform currently has billions of dollars in its market cap, its growth potential is astounding since it’s very applicable and appropriate for real-life government systems in the modern day.
Our mentioned cryptocurrency exchanges are the top recommendations for buying NEO. However, the eToro platform is more suitable for those looking for simplicity.
eToro - Our Recommended Crypto Platform
- 30 Million Users Worldwide
- Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort
- Free Demo Account, Social Trading Community
- Free Secure Wallet - Unlosable Private Key
- Copytrade Professional Crypto Traders
FAQ
Who created NEO?
Da Hongfei and Erik Zhang created NEO in 2014 under the original name of 'Antshares'
Are Antshares and NEO the same thing?
NEO was originally released in 2014 under the project name of Antshares, however, since 2017 the project was renamed NEO. The project core remains, so yes, they are fundamentally the same project.
What is the safest place to buy NEO?
Considering NEO is a cryptocurrency and requires a very secure and digitally encompassed atmosphere, Binance may be the best solution as far as safety since they are registered and overseen by the FCA.
WHow can I keep my NEO safe?
Try to keep multiple wallets of NEO with high-level security if you are going to be holding a lot of NEO. Also, try to incorporate 2FA and instantiate any provisional protocols that could further security.
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