Register with KuCoin instantly

How to Buy Gas (GAS) - A Beginner’s Guide

By Benson Toti - Updated 24 March 2023
Gas Logo Gas (GAS)
Price
...
24hr ...
7d ...
Market Cap ...
Gas Logo
Fact Checked
While all our writers independently research and evaluate every product that we write about, this post may contain references to products from our partners that we may earn commission from. This in no way affects how we evaluate them. Find out more about how we test and how we fund this site.

There are few crypto projects more exciting than NEO (the so-called “Ethereum of China”). NEO is making huge advances into the smart contract and dapp spaces, with footprints in other sectors within cryptocurrency. If improvements continue being made on this blockchain, it will surely be one of the top 2 or 3 cryptocurrencies in the next couple of years.

NEO runs on GAS, a coin that pays for transaction costs of the blockchain. GAS is given incrementally to NEO holders, but it’s also sold on various exchanges like Binance. If you’re interested in learning how to buy GAS coin in 2024, and which are the best platforms to purchase GAS, continue to read more in our guide below. 

5 Steps to Buy Gas Instantly!

1

Visit our recommended platform to buy Gas by clicking the button below.

2

Enter your details in the required fields to create a new account.

3

Fund your account using your preferred payment method and confirm your new balance.

4

Choose Gas and select a "Instant/Market Order” to buy it instantly.

5

Enter the amount you want to buy (you’ll see the equivalent in GAS) and confirm your order!

Where to Buy GAS

1
Min Deposit
-
Promotion
User Score
4.45
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Visit Site
Description:
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
Payment Methods:
Bank Transfer, Debit Card, neteller, Credit Card, WebMoney, Mastercard, American Express, AdvCash, Payeer, Perfect Money, Apple Pay, Discover, Banxa, Simplex, Bank Transfer: SEPA, AirTM, Wise, Cash App, skrill, Zelle
Full Regulations:
2
Min Deposit
$ 5
Promotion
User Score
4
Combines a user-friendly platform and low fees
Largest digital asset exchange in the Netherlands
Trade over 50 digital assets and pay a maximum trading fee of 0.25%
Visit Site
Description:
The Bitvavo platform was launched in 2018, with the goal to bridge the gap between traditional currencies and digital assets. Bitvavo is making digital assets accessible to everyone, by offering transparent fees, a wide range of assets and an easy to use platform.
Payment Methods:
Debit Card, Credit Card
Full Regulations:
3
Min Deposit
$ 30
Promotion
User Score
4
Accepts 70+ cryptocurrencies
Majority of cryptocurrencies are held in a secure Cold Storage
Buy cryptocurrencies instantly with your credit card
Visit Site
Description:
CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes. Permission-based account management, fiat payouts to the bank account and brand new email billing feature are just a few reasons why CoinGate has become a go-to payment processor for many.
Payment Methods:
Full Regulations:

The Difference Between Trading and Buying

The ultimate beginner’s guide to trading Gas

Why Buy GAS Now? 

From where this author is sitting, a market recovery might just be in the works. After languishing through the first half of 2018, crypto prices have been in the dumpster. Just a fraction of all time high prices, even the best blockchains have seen investors flee in recent days. As GAS is integrated in one of the world’s most exciting blockchains, why not invest in the currency which fuels it? GAS is tethered to the price of NEO. NEO (at around $40 today) once exceeded $200. 

How to Buy GAS Through Exchanges

There are plenty of other exchanges that sell GAS, especially when considering those who make ownership based investment possible. Here are a couple of the best options.

Binance 

Binance allows you to trade Bitcoin, Ethereum, and Tether for GAS. Just sign up and deposit your first crypto. Then go to “Exchange” > “Basic” and look for the trading pairs with GAS. Buy as much as you like. Interesting fact, if you store NEO on Binance, they will collect your GAS for you.

Buy GAS with Binance

Binance Huge range of cryptocurrencies Highly liquid 2 Factor Authentication Min Deposit  £1 Start TradingView key features Top Coins Payment Methods Cryptocurrencies Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy GAS with KuCoin 

Another Chinese exchange often compared to Binance, KuCoin offers several trading pairs for GAS. For some people, KuCoin is the more accessible exchange. For others it’s simply a matter of preference. In any case, sign up and look for the GAS trading pairs. But it up and hope GAS’s recent price jump proves to be a trend.

How to Store GAS in a Wallet

The NEON wallet may be the best way to store GAS. NEON is developed and maintained by the City of Zion – a team of amateur engineers who has proved to be more than capable. They volunteer for the NEO blockchain and have developed some of its best assets. The NEON wallet is free and stores both NEO and GAS, as well as new NEO coins.

Other Ways to Buy GAS

Want GAS but don’t want to pay for it directly? Here’s a great method that’s worthy of your consideration.

Buy NEO

As we’ve stated already, people who hold NEO get GAS for free. NEO is a coin that allows you to vote on the NEO blockchain, along with other privileges. GAS pays for transactions on the NEO blockchain. For every NEO coin, there is one GAS. Each GAS coin will be released in a trickle over the next 20 years. The trickle is fastest at the start. If you were to buy up a bunch of NEO, you would eventually have a bunch of GAS as well. Many people think of this as a buy one get one free scenario, and they’re not wrong. As there are those who believe that GAS will one day be more expensive than NEO, it’s a deal that you shouldn’t carelessly pass up.

Conclusion

It goes without saying at this point that GAS is an exciting investment option with a lot of potential upside. Its integration into the NEO ecosystem of blockchain, dapps, and enterprise gives it immediate use cases. Its utility will only become greater as time goes on and the NEO network expands. Whether you buy GAS directly with Coinbull or Binance, or get it through ownership of NEO, you are very likely to be pleased with your GAS investment.

Frequently Asked Questions

How many GAS will NEO give you in a month?
NEO is giving off GAS pretty quickly these days. If you had, say, 500 NEO, you'd get around 5 or 6 GAS for free every month. Of course, most people aren't just going to buy up 500 NEO in one go. But even with more modest volumes, GAS will eventually accumulate into an explosive holding.
How Are NEO and GAS Different?
Many people don't understand why a blockchain needs two coins. Why not have one coin serve all functions, like Ethereum does with Ether? There are some important differences in the coins. Most notably, NEO is indivisible (for now). It can only be transferred in integer values (1, 2, 3 - no 4.284). Gas is divisible to 8 decimal places, like Bitcoin. NEO has always been the "elite" coin, so to speak, as it confers voting rights and new GAS when it's introduced into the system. There has been discussion of making NEO divisible just like GAS, in which case who knows how their purposes would change. The community has largely fought against this development, so it'll be interesting to see which way the NEO team goes.
Why Should I Invest in a Coin Like Gas?
GAS sounds cool, but if you're not from China, why bother? Well, blockchains are international, and NEO is one of the best of them. The Chinese government has allowed NEO to blossom with little negative restriction. NEO also has corrected some of the problems with Ethereum and other older smart contract platforms. Thinking of NEO as a Chinese coin is to kind of miss the point. Its ambitions are global.

Related Content

Celsius Logo

Celsius (CEL)

Hamster (HAM)

Stratis (STRAT)

Before you go! Register with KuCoin instantly
Open Account