How to Buy NEO (NEO) in Iceland

A Step-by-Step-Guide on how to buy NEO (NEO) in Iceland

Step 1 – Signup to Coinbase and get 10$ for free

You'll first need to buy one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting your welcome 10$.

Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. NEO (NEO) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate NEO (NEO)

As soon as your deposit has been verified, you will directly have access to your funds and you can initiate invest and trading. To purchase NEO (NEO) on Binance, you will want to hover over theExchangetab and after that click onBasic”.

To find (NEO) NEO, you will need to put the cointype (NEO) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we have marked this too. Click onNEO/BTCto go ahead.

Step 4 – Purchasing (NEO) NEO

After you've located NEO (NEO), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are creating our Limit Order.

The field with thePricetag will be filled automatically with the up-to-date tariff (NEO) NEO was sold for. This can be changed to your favoured rate. TheAmountfield is the quantity of NEO you like to buy. TheTotalfield is the whole price in BTC that you will settle for the complete volumen of NEO.

When you're satisfied, make a mouse click onBuy NEO”. Your plan will be filled as soon as a Seller sells their NEO for the price you submitted.

Step 5 – Withdraw (NEO) NEO

Unless you are regularly trading, never keep your crypto coins on an Exchange for an longer period of time. To withdraw your NEO (NEO), go to the tab calledFundsand click onWithdraw”. NEO (NEO) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find NEO (NEO) by using the given drop-down box. Put into the amount of (NEO) NEO you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click onSubmit”. You could be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully purchased and safed (NEO) NEO in Iceland.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the NEO (NEO) is safe in your wallet, you're done.