What is NEO, and Where can you buy it 2023?

NEO token is a large-scale blockchain project allowing you to conduct fast transactions using secure encryption tools. It is a Chinese variant of Ethereum aimed at building decentralized applications, DeFi financial tools, and developing smart contracts.

Cryptocurrency Neo has been showing stable growth for a long time. It quickly got to the top of the most promising digital assets. Now the NEO price is constant but shows the prospect of growth. However, before adding NEO to your cryptocurrency portfolio, you must know its live crypto price. The well-known cryptocurrency exchange WhiteBIT will help to cope with this task.

Features and benefits of NEO token

Cryptocurrency Neo is a convenient system for the secure exchange of information and financial resources between the participants of this system without the risk of losing their tangible assets. NEO can be bought on popular trading platforms. Traders often compare the price of NEO crypto with the value of Bitcoin (BTC) or US dollars.

Advantages of Neo cryptocurrency:

• NEO token allows you to create decentralized digital assets protected by law. It also provides the ability to generate and verify the digital identifiers of organizations and individuals.
• The number of coins in the NEO platform is limited – no more than 100 million. Over 50 percent are already in circulation. This trend excludes the uncontrolled emission of currency and the influence of mining structures on the principles of system organization.
• The NEO smart contract system, known as NeoContract, allows developers to create and execute contracts without learning a new programming language. Thus, NEO has become a desirable platform for many developers.
• NEO uses a unique consensus mechanism that improves system scalability and throughput.
• No fees for NEO transfers. The system functions on the PoS algorithm, implying minimal costs for maintaining performance and no charges for transactions with currency.
• The NEO blockchain uses two different tokens – NEO and GAS. NEO is used in blockchain governance, while GAS is used to pay transaction fees generated by applications on the network.

The support of the Chinese government has made the cryptocurrency NEO attractive to investors. NEO can change the future of blockchain technology and the digital economy.

NEO organizes the transfer of assets between different market entities with minimal cost, risk, and maximum speed. At the same time, the system does not require a central regulator, and the currency holders set the procedure rules.

Where can you buy NEO?

The easiest way to buy NEO is on the WhiteBIT crypto exchange. It is one of the largest European centralized crypto exchanges, with over 3.5 million registered customers worldwide. Over 350 trading pairs, 270+ assets, and six government currencies are on the exchange. It is a secure and easy-to-use platform, the main goal of which is the mass adoption of blockchain technology and the expansion of the crypto community. The WhiteBIT exchange provides extensive information about live crypto prices.

WhiteBIT strictly complies with all security rules, keeping 96% of digital assets in cold wallets. The crypto exchange uses Web Application Firewall (WAF) technology to detect and block hacker attacks, so your funds on WhiteBIT will always be safe. WhiteBIT meets the highest security requirements and is among the top three exchanges with a high AAA rating.