How To Get NEO AND $FRANK
1. From an Exchange
Your first step to get NEO or GAS* is your way to an exchange. As you may know, NEO is a cryptocurrency and "cryptos" are traded on exchanges. I prefer Gate.io but you can also use Binance. These are trustworthy centralized exchanges (CEX)**.
If you want a decentralized (DEX)*** one, I suggest flamingo.finance.
*GAS is needed for transactions on the Neo blockchain, so it´s good to have both.
**Even though you can never be too careful.
***Decentralized exchanges are mostly run by smart contracts and not by a company, which means: You have full control over your funds, thanks to the "computer".
2. Registration/Buy
When using a CEX you first have to create an account there (e-mail, password). Afterwards you must do a KYC (know your customer), which means: Giving all kinds of information about
yourself to the exchange - to prevent money laundering. This includes:
- Your name, place of residence, birthdate, ... and a photo of your identity card
Afterwards you are able to buy/trade on that exchange. It´s best to buy via credit card or bank transfer:
- https://www.gate.io/article/28915/how-to-buy-crypto-with-credit-debit-card
- https://www.gate.io/article/28916/how-to-buy-crypto-with-bank-transfer
3. Send to your wallet
I asume, you have first read "How to Neo".
On your prefered exchange you need to find the "Withdraw" button or window. Then choose your crypto you want to withdraw, in our case NEO or GAS, and insert your Neo wallet address (starting
with N) and the amount you want to withdraw. Depending on your exchange, you need to insert your password and a 2fa (2 factor authentification) code.
If everything is done, just give it a few minutes and you should receive your funds to your selected wallet.
How to get $frank
- FrankCoin ($frank) is currently only available on the decentralized exchange "forthewin.network"
- The trading pair is GAS/frank, which means you need GAS to get FrankCoin
- https://www.forthewin.network/#/swap?tokenA=0xd2a4cff31913016155e38e474a2c06d08be276cf&tokenB=0xa06cfd7ae9dd7befb7bf8e5b8c5902c969182de0