How to Buy and Sell NEO Coin on Binance in 4 Minutes (Complete Beginner Guide)

Buying and selling NEO Coin on Binance is a simple process that can be completed in just a few minutes once your account is ready. Binance is one of the largest cryptocurrency exchanges in the world and offers a secure platform where users can trade hundreds of digital assets including NEO. To start trading NEO on Binance, you first need to create a Binance account, complete KYC identity verification, enable two-factor authentication (2FA), deposit funds, and then access the NEO trading pair on the Binance spot market.

Many beginners also choose to register using a Binance referral code because it may provide trading fee discounts and campaign rewards depending on current promotions.

Verified Binance Referral Code: JL3MPH7U

Using a referral code when opening a Binance account can give traders access to potential benefits such as fee rebates or welcome bonuses.

What is NEO Coin?

NEO is a blockchain platform designed to support smart contracts and decentralized applications (dApps). It is often referred to as the “Ethereum of China” because of its focus on building a smart economy powered by digital assets, digital identity, and smart contracts.

The NEO ecosystem also includes another token called GAS, which is used to pay for network transaction fees.

Some of the key features of the NEO blockchain include:

• Smart contract functionality

• Fast transaction speeds

• Digital asset tokenization

• Decentralized applications (dApps)

• Governance participation for token holders

Because of these features, NEO has remained a popular cryptocurrency among investors and traders.

Disclosure: Links on this site may be affiliate links, such as our Binance partner code (JL3MPH7U). Using them to sign up supports our independent research at no extra cost to you, and often provides you with exclusive lifetime discounts.

Risk Warning: Crypto trading involves significant risk.

This is not investment advice. (DYOR) Verified by: Official Binance Affiliate Emre Ata

Binance Account Opening Comparison

When creating a Binance account, some users register directly while others use a referral code.

Feature	With Referral Code (JL3MPH7U)	Without Code
Trading Fee Benefits	Possible fee rebate %20	Standard fees
Promotional Campaigns	Eligible for campaigns	Limited access
Welcome Rewards	Up to $600 depending on promotions	Not guaranteed
Binance Ecosystem Access	Full access	Full access

While the core trading features remain the same, using a referral code may provide additional campaign advantages.

Step 1 – How to Open a Binance Account with Video

https://www.youtube.com/watch?v=V_VqgoRoUAs

Opening a Binance account is the first step to buying NEO.

Follow these steps:

1. Visit the Binance registration page

2. Enter your email address or phone number

3. Create a strong password

4. Enter the referral code JL3MPH7U (optional but recommended)

5. Confirm your email verification code

Once your registration is completed, you will be able to log in to the Binance dashboard.

Step 2 – Complete Binance KYC Verification

Before you can fully use Binance trading features, you must complete Know Your Customer (KYC) verification.

This verification process helps Binance comply with global regulations and protect users against fraud.

Steps to complete KYC verification:

1. Go to Account → Identification

2. Upload a valid passport, ID card, or driver's license

3. Complete the face verification process

4. Submit your information for review

In most cases, Binance verifies accounts within a few minutes.

After verification, users gain access to:

• Higher withdrawal limits

• Full trading features

• Increased account security

Step 3 – Enable Two-Factor Authentication (2FA)

Security should always be a top priority when trading cryptocurrencies.

Binance strongly recommends enabling 2FA (Two-Factor Authentication) to protect your account.

Available security options include:

• Google Authenticator

• Binance Authenticator

• SMS verification

• Email verification

Among these options, Google Authenticator is widely considered the safest method.

Once enabled, your Binance account will require a unique security code each time you log in or withdraw funds.

Step 4 – Deposit Funds into Binance

After setting up your account and security features, the next step is depositing funds.

Binance offers several deposit options including:

Cryptocurrency Deposit

You can transfer crypto from another wallet or exchange.

Steps:

1. Go to Wallet → Deposit

2. Select the cryptocurrency you want to deposit

3. Copy your Binance wallet address

4. Send funds from your external wallet

Bank Transfer or Card Payment

Depending on your region, Binance may support:

• Bank transfers

• Credit card purchases

• Debit card purchases

Once your deposit is confirmed, your funds will appear in your Spot Wallet.

Step 5 – How to Buy NEO Coin on Binance

Once your account is funded, buying NEO takes only a few clicks.

Steps to buy NEO:

1. Go to Trade → Spot

2. Search for NEO/USDT

3. Select the trading pair

4. Choose Market Order for instant purchase

5. Enter the amount you want to buy

6. Click Buy NEO

Your purchased NEO coins will immediately appear in your Binance Spot Wallet.

Market orders execute instantly at the current market price, which is ideal for beginners.

Step 6 – How to Sell NEO Coin on

Binance

Selling NEO follows the same process as buying.

Steps to sell NEO:

1. Open the NEO/USDT trading pair

2. Select Sell

3. Choose Market Order or Limit Order

4. Enter the amount of NEO you want to sell

5. Confirm the trade

Once the trade is executed, your balance will convert to USDT or another trading pair currency.

Market Orders vs Limit Orders

When trading NEO on Binance, you will encounter two main order types.

Market Order

A market order buys or sells instantly at the current market price.

Best for:

• Beginners

• Quick trades

• Immediate execution

Limit Order

A limit order allows you to set a specific price.

Best for:

• Experienced traders

• Strategic entry points

• Waiting for price targets

Understanding these order types can help improve your trading strategy.

Tips for Trading NEO Safely

Cryptocurrency trading carries risk, so beginners should follow some important safety tips.

Use Strong Security

Always enable:

• 2FA

• Anti-phishing code

• Withdrawal whitelist

Start with Small Amounts

If you are new to trading, start with a small amount until you become comfortable with the platform.

Use Secure Passwords

Never reuse passwords across exchanges.

Always Do Your Own Research (DYOR)

Before investing in any cryptocurrency, research the project, market conditions, and risks.

Neo Max and Total Supply

Why Many Traders Choose Binance

Binance has become one of the most widely used cryptocurrency exchanges for several reasons.

Key advantages include:

• Large selection of cryptocurrencies

• High liquidity and fast trading

• Strong security infrastructure

• Low trading fees

• Global user base

• Advanced trading tools

Because of these features, millions of users choose Binance as their primary crypto trading platform.

Editor's Note

Neo Coin is truly one of the oldest cryptocurrencies in the market. Over the years, it has helped many investors earn significant profits. However, transaction fees on its network have often been relatively high.

At the time of writing this article, Neo is trading around the $2.50 range. Despite this lower price level, the possibility that Neo could one day return to the $100 range again makes it an attractive project for many traders and investors in the crypto market. However, it is important to clearly state that this is not financial advice.

Even though Neo may appear to have strong potential, the cryptocurrency market is extremely volatile and many factors can influence price movements. For example, when Neo previously reached its all-time highs around $100–$120, the entire crypto ecosystem only had around 1,500 to 2,000 tokens and coins. Today, the market contains millions of tokens and cryptocurrencies. Because of this massive increase in competition, predicting the future or making long-term investment forecasts has become much more uncertain.

For this reason, you should always do your own research (DYOR) before trading or investing in any cryptocurrency.

From my personal experience, I once managed to catch a price movement in Neo during one of its ups and downs, and even though the profit was small, it was still a positive trade for me. Because of that experience, Neo has a special place for me personally.

However, as I always mention in my videos and articles, it is essential to conduct your own research before investing. When you discover a crypto project, investigate its background carefully. Look into questions such as:

• What has the project experienced in the past?

• Who are the team members behind the project?

• Have they previously launched other crypto or blockchain projects?

• What happened to those projects in the market?

• On which exchanges have their tokens been listed?

In addition, always pay close attention to important metrics such as market capitalization, token unlock schedules, and overall tokenomics before making any trading decision.

Thank you for taking the time to read my article.

Author: Emre Ata

Emre Ata

Emre Ata – 11 Years Affiliate Marketing Expert & Verified Partner for Binance, Gate, BitGet, HTX (Huobi), KuCoin, MEXC, OKX, and many other major exchanges for over 7 years. Providing verified crypto referral codes since 2019. My goal is to provide 100% working, secure referral codes and expert insights into the crypto industry. Using these codes grants you lifetime commission discounts/rebates and directly supports my work. All codes have been working flawlessly for years