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NEO (NEO)

€ 16,90

5,77 % € 0,97
24h 1w 1m 1y All

NEO Price in Euros

(NEO to EUR)

€ 16,90

NEO Volume

(24h)

€ 108.42 M

Market Cap

(NEO)

€1.19 B
BTC

What is NEO

Considered as Ethereum’s direct competitor, NEO is not only known as China’s first digital currency, it is also a decentralized blockchain-based platform that uses smart contracts in managing digital assets. NEO’s goal is to create a smart economy.

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How does NEO work?

Before NEO users can facilitate an exchange, their assets have to be digitized first and turned into NEO. After this, they can start making their smart contracts, which are all kept in the system’s decentralized blockchain – and carry out the trade according to contract specifications.

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How to buy NEO?

NEO has two tokens on which its network is built on: NEO and GAS or neoGAS. To get your own NEO, simply create an account with Coinmerce and use your credit card or any preferred payment method to pay for your purchase.

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How to buy NEO?

You want to buy NEO? You can buy NEO using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see NEO, use the search function to search for NEO and click on the name. You can indicate for how many euros you want to buy NEO in the right window. Below is shown how much NEO you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy NEO when the price of NEO reaches your entered value. You can also execute a repeating order. Do you want to buy NEO with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive NEO.

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About NEO

NEO traces its roots in China, where Erik Zhang and Da HongFei originally created and launched the platform as Antshares in 2014. It only became known as NEO in 2017. That year, the platform started focusing on its goal of creating a smart economy by managing digital assets using smart contracts and blockchain technology. NEO uses a modified proof-of-stake protocol known as dBFT or delegated Byzantine Fault Tolerant. NEO is considered a direct competitor of Ethereum. The main reason for this is its focus on smart contracts. Ethereum originally created smart contracts, which are self-executing agreements between two parties (i.e. the buyer and the seller) with the terms written in computer codes. The smart contracts are in a decentralized blockchain network. NEO coins are similar to company stocks in the sense that users cannot divide them. As such, you cannot transfer 0.50 NEO; it has to be the entire coin amount (i.e. 1 NEO or 2 NEO). In 2018, NEO hit its highest price at $196.85. NEO and GAS, the platform’s tokens, each have significant functions. While NEO investment tokens give users the privilege of voting for platform improvements they agree with, GAS tokens are used as payments for network-based transactions.

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Founder Da Hongfei
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Founder
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Founded 2014
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Industry Smart Contract Platform
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Website Website
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Network NEO
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Location People
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Rank 95
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Market Cap 1.19 B
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Trading volume 108.42 M
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Maximum coins 100 M
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Circulating 70.54 M
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Facebook Facebook
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Twitter Twitter
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