Coinbase, Exchanges

Can I Buy NEO on Coinbase?

NEO is a blockchain platform and cryptocurrency which enables the development of digital assets and smart contracts. NEO was founded in 2014 and is currently one of the largest cryptocurrencies by market capitalization.

NEO is not currently available to purchase on Coinbase. However, there are a few ways to indirectly purchase NEO using Coinbase.

One method is to first purchase ETH or BTC on Coinbase, and then transfer those funds to an exchange which supports NEO trading. Once on the exchange, you can trade your ETH or BTC for NEO.

NOTE: It is important to note that Coinbase currently does not offer the ability to buy NEO. There are other cryptocurrency exchanges, such as Binance and KuCoin, which do allow customers to buy NEO. Furthermore, it is essential to be aware of the potential risks associated with trading cryptocurrencies, such as market volatility, security risks, and technical difficulties. Before engaging in any cryptocurrency transactions, investors should thoroughly research the subject and understand all potential risks involved.

Another method is to purchase a different cryptocurrency which is available on Coinbase, such as LTC or BCH, and then trade that for NEO on an exchange. Although this method requires a few extra steps, it may be preferable for some users as it does not require sending funds off of Coinbase.

At this time, the only way to directly purchase NEO using fiat currency (USD, EUR, etc.) is to use the Binance exchange.

Binance does not currently allow US-based customers to buy NEO with fiat currency. However, if you are based outside of the US, you can use Binance to buy NEO with your local currency.

If you are looking to invest in NEO for the long term, you may want to consider storing your NEO in a wallet which supports the Neo smart contract platform. The Neo official desktop wallet (Neon Wallet) and the Ledger Nano S hardware wallet both support Neo smart contracts.

Previous ArticleNext Article