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Friday, September 30, 2022

How to buy Neo on SimpleSwap

Hi guys and welcome to the simple Swap cryptocurrency exchange! In this article, we will guide you on how to buy Neo in just a few simple steps using our platform. So let’s roll! The Neo project was founded by Da Hongfei and ErikZhan in 2014 in China.

Today it is an open-source,community-driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future.

The main goal of the Neos team is to develop a “smart economy” with a distributed network by utilizing blockchain technology and digital identity to digitize assets and automating the management of digital assets using smart contracts.

Sounds cool, right?Ready to get some NEO? Start with selecting the coin that you want to exchange in the You send section using the drop-down list. You can also use the search bar: just start typing the name of the cryptocurrency or its ticker. Next, enter the amount you would like to exchange.

Now select Neo in the You get section. You can also use the search bar. After that, you will see the estimated amount of NEO you will receive. Please note that there is a minimum amount for every exchange.

Do not send an amount less than the minimum one. Then you need to enter the Recipient’s NeoAddress. Be extremely careful and double-check your NEO address. Your Neo coins will be sent to this address right after the exchange. Alright, now all the necessary details for the exchange are entered.

Once again, make sure that all the data is correct. If everything is ok, click the Exchange button, and you will be forwarded to the exchange page. At this stage, the status of your exchange is”Waiting”. Here you will see the address to send the indicated amount of Ethereum to continue the exchange.

You can use the QR code to speed things up. After we have received the deposit to our address and the transaction has the required amount of confirmations – the status will be indicated as “Exchanging”, which means that your exchange is in progress.

While our system is sending you Neo, the status changes to “Sending”, and you will only have to wait for a little for the coins to reach your address. Now, that’s it! Your exchange is completed and you can see the indicated status as Finished.

Read More: How to change your cryptocurrency to Tether on StormGain Web platform?

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