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 company
Currently registered in the UK, the Isle of Man Infinito was founded in 2017. The main thing making InfinitoWallet outstanding is the number of supported coins and tokens.
InfinityCoin Exchange is operated by UNIA TRADE AND INVEST. LIMITED registered on British Virgin Islands. It provides only BTC and XIN (the abbreviation of the Infinity Coin) markets.
Jaxx was established in 2014 as a decentralized wallet, allowing its users to keep multiple coins in the same application. The founding company, Decentral is claimed to be the first large blockchain company from Canada. Currently, the wallet supports more than 80 popular coins and tokens.
Koineks exchange was rebranded to Thodex. It covers three markets: Turkish Lira, BTC and USDT.
Kraken was founded back in 2011 but was officially opened two years later. It is one of the oldest active cryptocurrency exchanges. Kraken provides efficient trading opportunities in numerous Fiat currencies. It is currently holding the world leadership in terms of Bitcoin to Euro trading volumes. The exchange supports both crypto and Fiat deposits as well as withdrawals.
KuCoin is a relatively new exchange that started to operate in the mid-2017. The team behind the project is claimed to be experienced in the blockchain research since 2013. KuCoin has more than a hundred coins listed as well as about 400 active Markets.
LakeBTC is one of the oldest exchanges on the market. It had been found back in 2013 and it still has the Asian audience as the priority. The presence of different deposit types are making the exchange interesting for a starting traders. From another point of view the service is reported to be buggy from time to time and some complaints about the support service can be found over the internet. The company also provides the wallet alongside with the exchange, but it is a questionable decision to have both the exchange and the wallet with the same company. Unfortunately, it seems that LakeBTC has ceased its operations although there is no official statement to confirm that.
LBank was founded in Hong-Kong in 2016. It focuses on Asian markets and offers mostly crypto-to-crypto spot trading, but also works with fiat: not only US dollars (USD) but also Chinese Yuan (CYN). What’s more, traders can use their bank accounts directly to deposit or withdraw. There are also over 40 cryptocurrency pairs.
Ledger Nano S Wallet is a hardware wallet, a flagship product of the Ledger company, that has been in the industry since 2014. More than 1.5 mln units were sold across the world.
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
LiteBit has been operating since 2013 and is part of the structure of 2525 Ventures B.V. On the LiteBit platform there is a fairly large number of coins, and not only the most popular. Currently, the exchange supports about 51 digital coins. Also, LiteBit was awarded the title of the best crypto broker 2019.
Livecoin was founded in 2013 in London. This exchange works with dollars, euros and roubles. It has more than 100 available coins to trade. Additionaly, the trading fee is not so high, it could be less than 0.02 for high-volume traders.
Livecoin's volume is quite high and it represents more than $30.500.000.
Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.
Lykke is the cryptocurrency exchange incorporated in Switzerland with offices across the world. Its products are open-source. Lykke is the initiative of the Oanda’s founder, a famous forex exchange trading platform.
Nanex exchange published a shutdown announcement in April 2019. This announcement was later deleted from the company’s blog on Medium.
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries.
P2B is a centralized cryptocurrency platform, that offers more than 200 tokens. It covers the following markets: BTC, ETH, USD, EUR, and a number of stablecoins.
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
RightBTC is a centralized cryptocurrency exchange and professional asset management service covering USDT, BTC and ETH markets.
Ripple China is the Ripple Gateway that was established in 2013 in China. The current status of this service is uncertain. The company’s website is still live.