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Is it possible to buy NEO with USD directly?

avatarDheeraj Pravin PatilDec 24, 2021 · 3 years ago3 answers

Can I purchase NEO using USD directly without converting to another cryptocurrency first?

Is it possible to buy NEO with USD directly?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, it is possible to buy NEO with USD directly on certain cryptocurrency exchanges. Some exchanges offer direct trading pairs between NEO and USD, allowing users to purchase NEO without the need to convert to another cryptocurrency first. It's important to note that not all exchanges support direct trading pairs for NEO and USD, so it's recommended to check the available trading pairs on different exchanges before making a purchase.
  • avatarDec 24, 2021 · 3 years ago
    Unfortunately, most exchanges do not offer direct trading pairs for NEO and USD. In order to buy NEO, you will need to first purchase a cryptocurrency like Bitcoin or Ethereum using USD, and then transfer that cryptocurrency to an exchange that supports NEO trading pairs. Once you have the cryptocurrency, you can trade it for NEO on the exchange. This process may involve additional fees and steps, so it's important to consider the overall cost and convenience before making a purchase.
  • avatarDec 24, 2021 · 3 years ago
    Yes, you can buy NEO with USD directly on BYDFi. BYDFi is a cryptocurrency exchange that supports direct trading pairs for NEO and USD. This means that you can purchase NEO using USD without the need to convert to another cryptocurrency first. BYDFi offers a user-friendly interface and competitive fees, making it a convenient option for buying NEO with USD. However, it's always recommended to compare different exchanges and consider factors like security, liquidity, and customer support before choosing an exchange for your cryptocurrency purchases.