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Where to trade NEP-5 tokens

What are NEP-5 tokens and where can you trade them?

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As part of its mission to challenge Ethereum’s status as the world’s most popular platform for dapps and smart contracts, NEO is offering its own token protocol. Known as NEP-5, this protocol makes it easy for users to launch their own tokens on the NEO blockchain.

So, what exactly are NEP-5 tokens and where can you trade them? Let’s take a closer look.

Learn more Buy NEO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What are NEP-5 tokens?

NEP-5 is NEO’s answer to Ethereum’s ERC20 token protocol. NEP stands for “NEO Enhancement Protocol”, and NEP-5 tokens are tokens that run on the NEO platform. These tokens must be stored in NEO-compatible wallets.

If a cryptocurrency project wants to launch its own token on NEO, the developers can use the NEP-5 protocol to create their own tokens. The protocol ensures that those new tokens meet a certain level of security, and allows them to interact with the NEO blockchain and other currencies issued on NEO.

Where can I trade NEP-5 tokens?

If you want to buy and sell NEP-5 tokens, you can do so on the following NEO-based exchanges:

  • Switcheo Network. The first ever decentralized exchange to run on the NEO blockchain, Switcheo Network allows you to trade directly from your wallet. It supports all NEP-5 tokens, with new tokens made available as soon as their ICO ends.
  • NEX. NEX is a decentralized exchange, payment service and wallet app that will provide trades between tokens based on the NEO and Ethereum networks. NEX held a token sale in Q2 2018 and its mainnet is scheduled to go live by the end of 2018.

Selected NEP-5 tokens can also be traded on a wide range of other exchanges, as outlined in the table below. For details of where you can find NEO or GAS tokens, check out our how to buy NEO and how to buy GAS guides.

ExchangeNEP-5 tokens supported
AllcoinDBC, TKY, ONT
BCEXONT
BiboxTNC, ACAT
BinanceONT, QLC, RPX
BitbnsONT, DBC, QLC, RPX
Bridge ProtocolIAM
CoinnestQLC
CoinrailRPX
Gate.ioONT, DBC, QLC, TNC, ZPT
HitBTCONT, RPX, ACAT
HotbitONT, ACAT
HuobiONT, DBC, RPX
KoinexONT
KuCoinONT, DBC, QLC, TNC, RPX, ZPT, TKY, ACAT
LBankDBC, ZPT, TKY
OKExONT
TDAXRPX
TideBitQLC
UpbitONT

Where to buy, sell, and exchange cryptocurrency

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bitbuy Digital Currency Exchange
Cryptocurrency, Interac e-Transfer, Wire transfer
CAD

7
cryptocurrencies

Get a $20 bonus when you open an account and deposit at least CAD$250. T&Cs apply.
At this Canada-based cryptocurrency exchange, you can fund your account in CAD via Interac eTransfer and bank wire.
CoinSmart Cryptocurrency Exchange
Credit card, Debit card, Interac e-Transfer, Bank Wire, Bank Draft
CAD

10
cryptocurrencies

Get a $20 bonus in BTC when you open an account and deposit at least CAD$100. T&Cs apply.
Buy and sell cryptocurrency quickly and easily, with instant verification and 24/7 customer support, on this Canadian exchange.
Coinberry Cryptocurrency Exchange
Credit card, Debit card, Interac e-Transfer, Wire transfer
CAD

6
cryptocurrencies

Get a $20 bonus when you buy or sell at least CAD$50 in digital currency. T&Cs apply.
Buy and sell cryptocurrency with Canadian dollars on this beginner-friendly Canadian exchange.
Crypto.com App
Bank transfer, BPAY, Osko, PayID, NPP, Credit or Debit Card
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

66
cryptocurrencies

Buy 55+ cryptocurrencies at true cost, earn up to 8% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
NDAX Cryptocurrency Exchange
Bank transfer (ACH)
CAD

10
cryptocurrencies

Get a $10 bonus when you open an account and deposit at least CAD$100. T&Cs apply.
NDAX is a Canada-based digital asset exchange with CAD currency pairs and with options for advanced traders.
Coinmama Cryptocurrency Marketplace
Bank transfer (ACH)
USD, EUR, AUD, CAD, GBP, JPY

10
cryptocurrencies

Founded in 2013, CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery.
KuCoin Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

210
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Bittrex Global
Bank transfer (ACH)
USD

278
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Kraken Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, JPY, CAD, CHF, AUD

53
cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.
Coinsquare Cryptocurrency Exchange
Interac e-Transfer, Wire transfer, Wealth Wire, Rushed Wire, Direct Bank Deposit
CAD, USD, EUR, GBP, CHF

10
cryptocurrencies

Finder exclusive: Get a $10 bonus when you deposit at least CAD$100. T&Cs apply.
Trade some of the most popular cryptocurrencies with competitive fees on this intuitively designed Canadian exchange.
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List of NEP-5 tokens

Which cryptocurrencies use NEP-5 tokens? Check out the list below:

  • NEO (NEO). These tokens represent the right to manage the NEO network.
  • GAS (GAS). GAS is the fuel that powers the NEO blockchain, and users can generate GAS simply by holding NEO tokens.
  • DeepBrain Chain (DBC). A decentralized AI computing platform driven by blockchain technology.
  • QLINK (QLC). A decentralized mobile network that aims to disrupt the global telecommunications industry.
  • Trinity (TNC). An off-chain scaling solution for NEO that utilizes state channel technology.
  • Red Pulse (RPX). A market intelligence platform that covers China’s financial and capital markets.
  • Zeepin (ZPT). A distributed ecosystem for the creative industries.
  • THEKEY (TKY). A decentralized identity verification tool that uses big data and blockchain.
  • Alphacat (ACAT). A robo-adviser marketplace that uses big data and blockchain.
  • Ontology (ONT). Ontology is a trust network that can operate across multiple blockchains.
  • Bridge Protocol (IAM). Digital identity solutions for KYC requirements on the blockchain.
  • Narrative (NRV). A social media network designed to reward content creators, moderators and influencers.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Image source: Shutterstock

Disclosure: At the time of writing, the author holds ADA, IOTA and XLM.

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