How to buy Neos Credits (NCR) in the UK

Learn how to buy Neos Credits (NCR) in our step-by-step guide.

Where to buy Neos Credits in the UK

It looks like NCR may not be available to purchase on an exchange in the UK.

You can still purchase NCR by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase NCR using a decentralised exchange.
  1. Find NCR on a decentralised exchange and make sure Neos Credits can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for NCR using an exchange like CoinJar. You will need to purchase enough ETH to swap for NCR as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for NCR on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the NCR tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the UK.

Best Neos Credits wallets to store your NCR

You can keep your NCR on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your NCR below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Neos Credits a good investment?

All altcoin investments require thorough research. While NCR is involved in the popular metaverse movement, that does not guarantee future returns. Here are a few points to consider before placing funds into this asset:

  • Ongoing development: Although the game was originally launched in 2018, the development of the metaverse game/project is not finished. The game is still going through constant development, which means that significant changes to the ecosystem could still take place.
  • Competitive market: With the popularity of metaverse projects growing, Neos will likely find it increasingly difficult to capture market share. There are already tens of other metaverse projects and games available. Metaverse games such as Neos can lose favour relatively quickly. If users of Neos leave to play elsewhere, this will have a negative impact on NCR prices.
  • Native minting option: Although the NCR token can be accessed via decentralised exchanges, such as Uniswap, there is also a native minting option on the official Neos website. The native minting option can sometimes be slightly cheaper than accessing the token through an exchange, therefore, it is worth checking both.
    • Today's Neos Credits price versus ATH

      Compare today's price of Neos Credits ($0.091386 USD) against its all-time-high price of $9.42 USD on 29 November 2021. The closer the bar is to 100%, the closer NCR is to reaching its ATH again.

      Neos Credits's price: $0.091386
      ATH date: November 29, 2021
      0.97%

      Neos Credits ATH: $9.42


      How to trade, convert or sell Neos Credits

      You can convert or sell your NCR with the same exchange you bought it through:
  1. Sign in to the exchange you have NCR on.
  2. If you store your Neos Credits in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of NCR you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Neos Credits.
  6. Complete your transaction and move your NCR to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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