How To Invest in NEO | Invest in NEO In 4 Easy Steps

NEO is a blockchain protocol that aims to build an economy that integrates identities, digitized payments, and assets. With a growing community of developers who continue to improve the protocol’s infrastructure, the network seeks to usher in the next generation of the internet.

If you want to know how to invest in NEO, we have prepared this guide to answer all your questions. Here, you’ll learn the steps involved in buying the token and selecting the right NEO broker to use for this purpose.

#1 Broker to Invest in NEO – eToro

How To Invest in NEO – Choose a Broker

NEO has been in the cryptocurrency space since 2014. You can expect to come across dozens of brokers that will allow you to invest in the token. Here, we bring you the top brokers to invest in NEO from the comfort of your home.

• eToro – Overall Best Place to Invest in NEO
• Binance – Best Crypto Exchange to Invest in NEO for Diversification
• Okex – Invest in NEO through a Crypto-to-Crypto Exchange
• Capital.com – Maximize Your NEO Trades with Leverage

You’ll find our review of the above NEO investment platforms further down on this page.

How to Invest in NEO – A Quick Guide For 2021

Learning how to invest in NEO is straightforward if you have prior knowledge about the cryptocurrency industry. You simply have to decide on the best platform to use and then proceed to invest in the token.

Here, we’ll explain to you how you can complete the NEO investment process using eToro – a low-cost broker licensed by the SEC, FCA, and several other financial bodies.

• Step 1: Create an Investment Account with eToro: Opening an account with this broker is super easy. You only have to provide eToro with some personal details such as your full name and contact information. Then, choose a username and password with which you’ll access your account moving forward.
• Step 2: Provide an ID: eToro is a regulated broker, meaning you have to verify your identity before the platform allows you to invest in NEO. For this purpose, you will need a government-issued ID and proof of address – such as a bank statement or utility bill.
• Step 3: Add Funds: You can make a minimum deposit of $200 into your eToro account ($50 for US clients). To do this, there are various payment options supported by the platform, including debit/credit cards, wire transfers, and e-wallets.
• Step 4: Invest in NEO: After funding your account, you can now proceed to buy the token. Click on the search tab to look for the coin. Once it appears, click on ‘Trade.’ This will take you to the next and last stage where you’ll decide the amount you want to invest in NEO After inputting the amount, you can then click on ‘Open Trade’ to complete the investment process.

With the steps discussed above, you can invest in NEO via eToro and be done in under five minutes. One of the perks of using eToro is that the broker allows you to store your NEO tokens on the platform until…