How to earn GAS by holding NEO [GUIDE]

in #cryptocurrency6 years ago (edited)

Hello steemians!

Today I wrote to you about the altcoin NEO.

NEO is an altcoin defined by many as "the new ethereum" because it implements the "Smart Contract" technology. It also has low and very fast transaction fees. Neo is a coin with a total supply of 100 million pieces (but there are only 65 million in circulation) and it's not mineable.

A good feature of NEO is that if you hold it in your wallet you will be able to earn free the "GAS" token! Gas is a token with a supply of around 13 million pieces that you can sell on an exchange as binance.com!

  • HOW CAN I EARN GAS?
  1. To start buy NEO, it's possible to but it on binance or bittrex;
  2. Download the neonwallet, here: neonwallet.com;
  3. Open it.
  4. Now you have to click on "Create a new wallet":
  5. Choose a passphare to encrypt your private key:
  6. Choose a name for your wallet and click on "Save Key":
  7. Click on "back" and "Login using a saved wallet";
  8. Choose your wallet and click "login":
  9. At this point copy your NEO address and send the coins from the exchange (or another wallet)


  • HOW MUCH GAS CAN WE EARN?

It depends on how many NEO you have in your wallet. You can calculate how much gas you will earn on this site https://neotogas.com or from this app for Android.

In any case if you, for example, have 100 NEO, you can earn around 10 GAS per year.


N.B. You can earn GAS if you hold your NEO on binance, it's explained here. Don't hold your NEO on bittrex otherwise you will not get GAS.

Thanks for reading.


See my steemit profile for other contents!

If you want to donate me eth, ltc or verge I’ll be happy to accept them :) 

ETH (or token arc20): 0x15784b26cFa46bD5c280AE5B011ab63761521072

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If you notice ungrammatical English, I'm sorry. I'm still studying English.

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Informative, thanks for sharing. Guess I will move my neo out of bittrex

Exactly

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All you have to know about NEO: https://wissen.fun/en/neo-2/