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- Register an account
- Enable Two-Factor Authentication
- Set up an offline wallet on your desktop
- Understand exchange rates
- Understand a basic transaction (buyer, seller, price, volume)
- Know your investment limits
Table of Contents
- Get Bitcoins
- Fund Bittrex Account
- Learn Trading Basics
- Buy NEO
1. Get Bitcoins
For most people, getting Bitcoins (BTC) is the first step to acquiring cryptocurrencies like NEO. BTC is the world’s crypto reserve currency, like the role USD plays for fiat. Got some obscure coin? Someone out there is probably willing to buy or sell it for BTC.
There are tons of ways to get BTC, but the easiest way is to use the most established crypto platform in the USA, Coinbase.
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On Coinbase, you’ll be able to purchase BTC with conventional fiat ways (like bank account and wallet), which I won’t even begin to describe here. I’ll wait here while you buy some.
A few days later…
Okay great! Let’s get those BTC over to Bittrex, one of the best exchanges for acquiring coins like NEO. Tab on over in your Coinbase account to “Send” and pop in that Bitcoin address from your Bittrex account with all of your newly bought BTC.
2. Fund Bittrex Account
What Bittrex account address, you ask? If you haven’t already, make an account on Bittrex with basic and phone verifications set up so you can get some Digital Token Trading in. If everything is set up correctly, then your “Settings” tab should have a check mark like the following:
Now you can head over to your “Wallets” tab and click on the “+” next to “Bitcoin”. Clicking on that will pop open an address that represents your personal online wallet that Bittrex holds for you. This address is where you should be sending your BTC that you bought from Coinbase.
Continue Reading Here: Guide to Buying NEO (Antshares) on Bittrex Exchange