Top Places To Sell NEO (NEO) With User Reviews
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Where can you sell NEO (NEO) in 2024?
Exploring the possibilities of where you can sell NEO (NEO) opens up a fascinating avenue into the world of cryptocurrency. This article, written exclusively for a cryptocurrency review website, aims to provide an in-depth look at the avenues for selling NEO, along with a comprehensive understanding of this unique digital asset.
Understanding NEO (NEO)
NEO, often referred to as the "Ethereum of China," is a distinctive player in the cryptocurrency space. Launched in 2014 under the name AntShares, which later rebranded to NEO in 2017, it's a blockchain-based platform that supports its own cryptocurrency and enables the development of digital assets and smart contracts.
The Technology Behind NEO
NEO is unique in its use of two different tokens: NEO and GAS. While NEO represents ownership of the NEO blockchain and is used for governance, GAS is used to pay for transaction fees and services on the network. NEO’s use of the Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism sets it apart from other blockchain technologies, offering improved transaction speed and security.
Where to Sell NEO
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Cryptocurrency Exchanges: The most common place to sell NEO is on cryptocurrency exchanges. Platforms like Binance, Bitfinex, and Huobi offer the ability to trade NEO for other cryptocurrencies or fiat currencies. These exchanges are known for their liquidity, security, and user-friendly interfaces.
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Peer-to-Peer Platforms: For those who prefer a more direct approach, peer-to-peer platforms can be an alternative. These platforms, such as LocalNEO (a theoretical P2P platform for NEO, analogous to LocalBitcoins), allow users to sell NEO directly to buyers, often with a wider array of payment methods.
Trading Strategies and Tips
When selling NEO, it’s important to consider market trends, trading volumes, and the platform's security features. Setting up stop-loss orders and staying updated with market news can be beneficial in making informed trading decisions.
NEO's Place in the Future of Blockchain
NEO's vision of a smart economy, combined with its unique features like dual tokens, high transaction speed, and a focus on regulatory compliance, positions it as a significant player in the future of blockchain technology.
Conclusion
Selling NEO involves not just knowing the right platforms but also understanding the unique aspects of the NEO blockchain. Whether through an exchange or a P2P platform, a strategic approach, grounded in a comprehensive understanding of NEO’s technology and market dynamics, is essential.
When choosing a platform to sell NEO (NEO), consider its user rating.
Make a conscious choice when choosing a platform. Study the company page on our website,
read user reviews and draw conclusions whether you should use this service.
There are a lot of scams in the field of cryptocurrency.
Taking into account the reputation of the service when choosing a place to sell NEO (NEO)
is absolutely necessary if you do not want to lose your investment.
92 companies
Bitfinex is one of the largest exchanges in terms of daily trading volumes and overall recognition. It was founded in 2012 and it is based in Hong Kong. 72 trading pairs are currently available on the platform. The pairs are linked to the four currencies including USD, EUR, BTC and ETH.
BitForex is part of a galaxy of new crypto exchanges that appeared after the explosive growth of interest in crypto assets in 2017. A trading platform was registered in Singapore, focused on the Asian and Western markets. At the moment the exchange offers 300+ coins, the ability to trade with futures, 9 languages of the interface, etc. The turnover of the exchange is about $661.457.759 according to coinmarketcup at the moment.
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Bitonic is a Netherland-based cryptocurrency exchange and the first Dutch Bitcoin company. Its history dates back to 2012 when three Bitcoin enthusiasts offered a fast way to buy Bitcoin in the Netherlands. When working with Bitonic, you don’t need to set up an account.
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors.
But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account.
Bittylicious is a UK-based cryptocurrency exchange. It was founded in 2013. The headquarters of the company is located in London. A CEO and founder of Bittylicious is Marc Warne.
BTC-Alpha is a UK based platform founded in 2018.
The platform facilitates a solid number crypto currencies and trading pairs.
Its web trading platform also powers analytical tools. Flat trading fee (0.20%) is a little lower than the market’s average rate. Fiat-to-cryptocurrency trading (USD) is available.
BTC Trade UA is the Ukranian cryptocurrency exchange platform. It offers 23 trading pairs, as well as mobile apps designed for both Android and iOS.
The most important thing we should know about C-Cex exchange today is that this platform is currently not active. The exchange has suspended its services on June 1, 2019. The website is down, too. Those who didn't withdraw their assets from the C-Cex account cannot do that since June 1.
CoinBene is a cryptocurrency exchange founded back in 2017. It is located in Singapore and holds one of the leading positions by its adjusted volume. The exchange has more than 70 coins listed and almost 200 active markets. Like many exchanges on the market, CoinBene has a native token that you can use to reduce trading fees. CoinBene’s token (CONI) cuts trading fees in half to 0.05.
Coincorner was founded in 2014, during June, it went live just one month later in July 2014, and during October 2014 it was among the first places in the United Kingdom that would provide the ability to its users and customers to buy the Bitcoin using debit and credit cards.
As of November 29, 2019, the volume of the exchange is $158.309 or 20,38914170 BTC. Most active markets are BTC/GBP making 88.50% of the volume, and BTC/EUR making 11.50% of the volume. Data is based on the CoinMarketCap site.
CoinDeal exchange was started in March 2018. The exchange is subject to the Malta Financial Services Authority (MFSA) and has recently applied for the MFSA’s license.
CoinEx exchange was established in 2017 in Hong Kong. The platform can be used as a low-cost exchange with a broad range of different coins. The main asset is Bitcoin cash. Moreover, there is information that this exchange is going to present its new coin soon. It might be called CoinEx Token. Besides, the developers of CoinEx can establish a special exchange with the decentralized system using CET as “gas”.
The exchange was closed in 2019 with the preliminary notice informing about suspension of trading and deposit. Withdrawals had been operational for a couple of months since that time till December 1, 2019. The team explained the termination of activity by business reasons.
Update: It seems like the CoinMex exchange shut down, possibly exit scammed.
CoinMex provides access to BTC, ETH, USDT and NEO markets. The company was incorporated under the legislation of the Republic of Seychelles in 2018 and is affiliated with NEWEX Technology Co. Ltd. CoinMex is focused on the Chinese market.
Coinone exchange was launched in South Korea in 2014 with the primary focus on the local market. At present, Coinone features several coins against South Korean Won (KRW) and no crypto-to-crypto trading is available.
CoinPayments Wallet is a crypto wallet used for transactions and exchange of 100+ cryptocurrencies on iOS and Android devices. Due to its payment options, such as a Mobile Point of Sale, It is especially convenient for businesses.
Update: The exchange is closed, possibly exit scammed. The exchange website is gone and the old domain is used for advertising.
CoinPlace offered a wide range of tokens for trading. The exchange’s website had English and Russian language versions. The trading commission made 0.2% for a position paid in crypto. For unverified users, the daily withdrawal limit was 100 USD. The native token of the platform - CLP - was available for purchase and trading. Twitter Media of the company has not seen any updates since January, 2019.
Coinrate is currently inactive. The exchange’s website does not display any active orders in the trading window. The social media channels of the company had not been updated for about 2 years. Initially, Coinrate offered fiat currencies as well as Bitcoin and Fargocoin as the main currencies in trading pairs.
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to.
The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.