The NEO token has seen strong volume near the $45 region and the coin could be heading for a rally soon
The NEO token is currently trading at $45.35 and the coin could continue to rise if the whales amass large amounts of the token. The Neo token has the potential to rise further if the bulls can push prices down in the future. The coin could very well rise towards the $50 region and beyond if volumes continue to increase in the short term.
How and where to buy Neo in Germany and elsewhere
To buy Neo Token, you need to register an account with a crypto exchange/broker platform. The whole process is simple and all you need to do is provide a username, password and email address. The website will ask you to verify the account as part of Know Your Customer (KYC) regulation. You may submit copies of your passport and utility bill to prove your identity or address.
Avoid trading on decentralized exchanges as they are not regulated. For your convenience, we have selected two of the best platforms where you can trade safely.
eToro
eToro is one of the leading trading platforms for investing in crypto assets. Packed with features including copy trading, advanced technical charts and a range of trading tools, eToro’s platform is suitable for beginners and professionals alike.
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Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges in the market.
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What is Neo?
Neo is a full-fledged blockchain network that supports dApps. The main token of the Neo blockchain is called NEO and generates a second token called GAS. The Neo network is popularly referred to as the Ethereum of China.
Should I buy NEO today?
The Neo Token seems to be heading for an early rally due to the high volume. The early supporters of the NEO token could be generously rewarded in the future if the coin continues its rally.
The first target for the NEO token remains the $50 mark and the coin could rally towards the $55 mark and new highs if the whales manage to take control.
This article is for informational purposes only – none of the content should be construed as financial or investment advice.