The Chinese government and authorities have not supported cryptocurrencies for a long time. They have not adopted any, including the well-known currencies Ethereum, Dash and DAO.
But that all changed in 2014, with the arrival of Antshares. The company started working in China, offering flexible digitalization. It became a huge success and opened up incredible investment opportunities not only for China, but also for the rest of the world.
The company is now called NEO and here is how you can buy and invest in NEO.
NEO remained in the Chinese market for a long time and had limited buying options. But now there are many ways to get NEO coins.
The easiest way to get NEO is to contact a central company. They can provide you with NEO tokens in exchange for fiat currency or other cryptocurrency assets.
Another way is to buy NEO, which is a decentralized exchange. It has all the benefits of a broker, including multiple payment methods, but without any control. They oversee peer-to-peer transfers and do not control your finances like centralized companies.
And on top of that, you can also purchase through a cryptocurrency wallet. You can use any wallet to redeem your deposits and other digital assets to purchase NEO coins. Wallets are not as secure and safe, but they work well enough to invest on a personal level.
How to invest in NEO?
NEO is a powerful cryptocurrency that is safe for online transactions and currency digitization. You can use it for online investing, stock market marketing and many other works.
If you know volatility and how to take advantage of it, you can make huge profits on your investments. Just buy NEO tokens, invest them well and reap the rewards.
NEO Trading platform
There is more than one platform to buy and sell NEO coins. The currency is available from brokers, cryptocurrency exchanges, and even e-wallets. You can use any of them to buy NEO and start trading it.
How do I start investing in NEO?
To buy Neo and start investing in it, you must first register an account for the currency. Once it is set up, you can use the account to get the latest updates, buy NEO in Nigeria and much more.
How do I register?
Registering for the NEO currency exchange is a simple process that requires little more than an email, a password and some minor details. You may also need some documents to verify your account. Once you have these, simply register and you are ready to invest in NEO.
How can I open a demo account?
If you are new to trading platforms that sell NEO, you can start by opening a demo account instead of a registered account. This way, you can familiarize yourself with the exchange before you make a trade.
Just enter the site and click on the registration option.Please enter your email ID and the secure password you wish to receive.
Then click on the demo registration button and an email will be sent to your registered email address.
Please confirm this email and you can start using the trading platform.
How do I open a live account?
Once you have mastered the basics of NEO currencies, you can register your account to enjoy the full features. All that is required is a small deposit and some paperwork. You will receive the option to make a deposit when you register or in the payment tab of your account.
After payment, the platform will ask you to send your documents, please send them. That's all, your account is ready to invest in NEO in Nigeria and generate profits for you.
How do I make a deposit?
To fund your account, you must have a NEO merchant account and a credit or debit card.
- Please open your account and go to the deposit option.
- Then please enter the amount you wish to transfer and the payment method.
- You may use both debit and credit cards to order coins.
- If your exchange does not support fiat currencies, please consider using another cryptocurrency for the exchange.
Using your account, you can check the price of NEO tokens before buying them. In this way, you will get a rough idea of the investment you will need.
Most exchanges do not set a minimum deposit amount to buy NEO in Nigeria. However, you should pay attention to the exchange rates and taxes charged on deposits.
How do I withdraw money?
Transferring money from your foreign currency account to your wallet or to banks is not that difficult. All you need is a verified account.
Simply log into your account, click on the withdrawal option and enter the amount you wish to transfer. Then you need to set the payment method and verify the payment. The same applies to the e-wallet. However, you will need your wallet address for the e-wallet transfer.
NEO Investment Security
When you invest with NEO in Nigeria, security is the one thing you don't have to worry about. NEO uses smart contracts to ensure that your investment remains secure. It also has some additional algorithms to ensure that there are no breaches or data theft issues. Moreover, the open-source blockchain is decentralized.
How safe is it to invest in NEO?
Considering the stability and historical data of NEO currency, investing in NEO in Nigeria is quite safe. The currency uses blockchain with secure algorithms that prevent any unwanted activity. It also protects your personal information and transaction details from external attacks.
Is it safe to invest in NEO online?
NEO was developed based on blockchain technology, the same as Ethereum. The parent company also made some improvements to the algorithms and "fossilized" them. All these features protect it from online attacks and prevent misuse of your data.
Then there are error handling algorithms that remove instability and the possibility of errors.
How to safely invest in NEO online
Like any other cryptocurrency, NEO has multiple layers of security to prevent unwanted activities. However, if you want to buy the cryptocurrency online, there are a few things to consider.
- Conducting a background check on your broker. Please use secure wallets and secure logins for your account.
- Please think about the benefits, but also understand the risks associated with investing in NEO. Understand NEO volatility before you trade
- Please take standard cybersecurity measures and never use the open web to access your ANS account.
Can you buy NEO?
NEO currency was founded by a Chinese company in 2014, but it's globally accepted. So, as long as you have the required wallet, a working ID, and a quality NEO trader, feel free to buy Neo in Nigeria.
Is NEO a good buy?
The NEO currency comes with both Proof-of-work and Proof of Stake consensus. Its makers have also introduced Delegated Byzantine Fault Tolerance in the NEO blockchain. Thus, the currency provides both security and stability. Thus it's a good buy for anyone interested in Cryptocurrency investment.
Is NEO a good long term investment?
The Antshare company that later got renamed NEO started in 2014. When it got renamed the total value of one token was approximately $0.1. Presently, the NEO token values nearly $29.01. So, yes, it's a great future choice for anyone looking for earning some profit.
Where can I buy NEO?
There are multiple places to buy NEO assets. You can get these digitized assets from a trader, an online website, or a wallet. The NEO homesite is also selling NEO for users.
How do I buy NEO with a credit card?
The process of buying NEO through a credit card is non-complicated and straightforward. Simply log-in to your exchange account, navigate to the purchase section, and fill in the amount of tokens you need. Then simply select the credit card as your payment option and checkout.
How to buy NEO in Nigeria?
Buying NEO in Nigeria is not much different than buying it from any other country. You just need to create an exchange account login into it and make a deposit. Then you can trade the deposits for NEO tokens.
What happened with NEO?
The open-source blockchain NEO started in the year 2014 by the name ANT or Antshare. The Chinese Ethereum stayed in the market and then got rebranded in 2017. It was valued at $0.1 per token at that time. However, the coin raised gradually and attained a high value of approximately $160. It also attained a rich market capital. Presently it acquired a market cap value of $2,048,534,355.92 and ranks as the 34 most popular crypto assets.
Why did NEO drop?
NEO provided customers with more features and flexibility than most other currencies. But it's still a work in progress and has faced some controversies in the past. For instance, the NEO nodes went offline resulting in a network crash. The issue was immediately attended, but it created doubts, thus its value dropped.
Why did NEO rise?
NEO was developed to be better than other cryptocurrencies with the vision to build a future economy around digital assets. It moved ahead of the common proof of work or proof of stake algorithm and also added a unique fault tolerance algorithm, making it very advanced.
And then there is the flexibility and ease of use that comes with it. Each of these factors made it convenient, hence, contributed to its popularity.