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
Coinsquare is a cryptocurrency trading platform located in Toronto, Canada. The company was founded in 2014. The aim of Coinsquare was to create a platform for fast and secure trading of cryptocurrencies and fiat money. We can't say that this exchange boasts huge trading volume, but it is one of the comfortable cryptocurrency platforms providing fiat money options that include Canadian, Australian, and US dollars, Swiss francs, Pounds sterling, and Euro.
CoinTiger is incorporated under the laws of the Republic of Singapore and works as a centralized exchange. It offers BTC, ETH, USDT, TRX, XRP markets, as well as trading pairs against bitCNY token.
CryptoMarket exchange focuses on the Latin American region. Using this service, local residents can buy ETH, BTC, XLM and EOS with their domestic fiat currencies.
Cryptonex is a centralized cryptocurrency exchange launched in 2017. Its reported volume is about 250007314 $ as of 8 October 2019. Cryptonex has 18 available trading pairs and 8 coins. Deposits are free on the exchange. Cryptonex has fiat deposits option. Margin trading option is not available on the exchange. Cryptonex is quite active in social media, with more than 25000 Twitter followers. You can leave your review about Cryptonex here.
Cryptopia exchange was closed after a theft that took place in early 2019. Cryptopia was established in New Zealand in 2014. Its website had been publishing updates on the liquidation process until the mid-2019.
Digifinex is a ditigal asset trading platform. It covers BCH, BTC, ETH, TRX, USDT markets as well as the pairs against DFT, the platform’s utility token.
EO.Finance is a licensed crypto wallet with support for more than 40 currencies and debit/credit card payments. Members may use their crypto and fiat funds with EO Card, connect their card to any of the 50+ currency accounts and the user will have immediate access after registering. EO.Finance allows users to buy cryptos easily and safely with debit or credit card. Additionally, users will be able to withdraw cash from any ATM anywhere in the world and perform wire transfers for both the deposit and withdrawal of funds, meaning users can withdraw their fiat currencies directly from EO.Finance.
Ethfinex exchange was established in 2018 and further rebranded to DeversiFi. DeversiFi is a decentralized exchange, allowing you to trade with assets by connecting your Ethereum wallet to the platform without registration.
EXMO is a cryptocurrency platform which enables users to carry out financial transactions with each other in cryptocurrency. A lot of important key facts about the exchange is found on the About Us page. The Exmo exchange was founded in 2013. It is based in London. The physical address is EXMO EXCHANGE LTD. 41 Corsham St, London, United Kingdom.
Exx exchange was founded in 2017 and is based in Hong Kong. In 2021 many users reported of disappearance of their funds on the exchange. We strongly recommend to avoid using this exchange.
Chinese platform FCoin announced in February, 2020 that the exchange will stop its operation. A founder of the exchange explained this decision by internal errors. FCoin still owes its users the amount from 7.000 to 13.000 BTC.
Site:
www.fcoin.com
Launched:
2018
Fedlio exchange was opened in mid-2019, following the infamous collapse of BiteBTC. Fedlio is operated by the same individuals, who stand behind BiteBTC. However, Fedlio exchange did not redeem financial liabilities of BiteBTC.
Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.
GDAC is the centralized Korean exchange offering trading pairs against BTC, KRW (Korean Won) and GT, native token of the platform.
Guarda Wallet is a non-custodial service for top coins, such as BTC, ETH, EOS, USDT and other currencies. Using Guarda Wallet, one can purchase, exchange and stake cryptos.
In March, 2020 GuldenTrader exchange has published an announcement calling its customers to withdraw their funds before April 1, when the exchange will cease its operation.
Site:
guldentrader.com
Launched:
2014
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.
Huobi is a cryptocurrency exchange founded in China in 2013. Currently, Huobi is based in Singapore because this country has friendlier cryptocurrency regulations. The company is registered in Seychelles. Before leaving China due to a cryptocurrency ban, the exchange was responsible for 90% of Bitcoin trading volume in this country. Now Huobi is an international platform with offices located in Singapore, Hong Kong, the United States, Japan, and Korea. In China, the company provides blockchain consulting services. Huobi has sub-exchanges: Huobi Korea, Huobi US, etc. Huobi Global is the biggest Huobi exchange. In November 2019 Huobi Global had to shut down all the accounts belonging to the US customers due to strict cryptocurrency regulations of the USA.
Indacoin is a company working in the cryptocurrency field since 2013, based in London, the UK. Users can utilize the service to buy over 100 different cryptocurrencies through credit/debit card payment without registration.
Indodax is one of the biggest crypto exchanges in Indonesia. It provides cryptocurrency pairs against BTC and IDR, Indonesian Rupiah.