Trade NEO/USD
Neo / US Dollar
A smart contract platform originally launched as AntShares in China, designed to digitise assets, integrate digital identity, and support multiple programming languages.
Specifications
About Neo (NEO/USD)
Neo (originally AntShares) launched in 2014 as one of the first smart contract platforms outside of Ethereum. Founded by Da Hongfei and Erik Zhang in China, Neo was designed with regulatory compliance in mind, incorporating digital identity features alongside its smart contract capabilities. The network uses a dual-token model: NEO for governance and staking, and GAS for paying transaction fees. Neo N3, the third-generation protocol, introduced a built-in oracle, decentralized storage, and a more developer-friendly environment. NEO is indivisible, meaning it can only be held in whole numbers.
Key Price Drivers
- Chinese regulatory developments affecting price despite global operations
- Neo N3 dApp ecosystem and TVL growth needed to compete with larger platforms
- Automatic GAS generation creating yield-like incentive for NEO holders
- Cross-chain interoperability efforts including Poly Network partnerships
Peak Trading Hours
Layer 1 blockchain tokens trade around the clock as CFDs on StoicFX MT5. Volume typically follows the US and European equity sessions, when most institutional and retail crypto trading takes place.
US and European business hours (13:00-21:00 UTC)
Network upgrades, governance votes, and validator-related events can move L1 token prices at any hour. Available on MT5 from Monday 00:00 to Friday 23:59 UTC.
How to Trade NEOUSD on StoicFX
Open an Account
Register for a live or demo account in minutes.
Fund Your Account
Deposit via bank transfer, card, crypto, or e-wallet.
Find NEOUSD in MT5
Open MetaTrader 5, search for NEOUSD in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
FAQ
What is the difference between NEO and GAS?
Neo uses a dual-token model. NEO is the governance token used for voting and block production, and it is indivisible (you can only hold whole numbers). GAS is the utility token used to pay transaction fees and deploy smart contracts. Holding NEO in a compatible wallet automatically generates GAS over time.
Why was Neo called the 'Chinese Ethereum'?
Neo was one of the first smart contract platforms developed in China and shared conceptual similarities with Ethereum. During the 2017 bull market, this comparison drove significant retail interest. However, Neo has its own distinct architecture, governance model, and development philosophy, and the comparison oversimplifies both projects.
What changed with the Neo N3 upgrade?
Neo N3 was a complete rebuild of the original Neo protocol. It introduced native oracles, decentralized file storage (NeoFS), a name service (NNS), and improved developer tools. The migration required users to swap tokens from Neo Legacy to Neo N3, which was completed through a migration process.
Does holding a NEO/USD CFD on StoicFX generate GAS?
No. NEO/USD on StoicFX is a CFD that tracks the price of NEO against the US dollar. No NEO tokens are held on your behalf, so no GAS is generated. GAS generation requires holding actual NEO tokens in a compatible wallet.
Start Trading NEO/USD
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CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.