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What is NEO?

NEO is a blockchain platform built for the development of digital assets and smart contracts. Often referred to as the "Ethereum of China", NEO supports multiple programming languages making it accessible to developers worldwide. With a strong focus on regulatory compliance and a growing ecosystem of decentralised applications, buying NEO is an increasingly interesting choice for crypto investors. Whether you're new to NEO or expanding your crypto portfolio, UpTrade is Australia's trusted NEO broker — making it simple, secure, and fast for investors across Australia.

How to get started

We’ve simplified the process so you can start trading faster.

Step 1

Create your account

Complete your account application online in a matter of minutes.

We’ll handle the rest.

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Step 2

Book your virtual discussion

Discuss digital assets you may trade , your risk appetite, and your investment support needs with your dedicated crypto broker. *

We’ll also answer any specific questions you might have to ensure you get the most out of our services.*

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Step 3

Start trading

Access 500+ digital assets and 24/7 service and support from your dedicated crypto broker.

Each and every trade follows strict broker-to-trader approvals.

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Step 4

Grow your portfolio

Keep your investment on track with monthly performance portfolio reports, in-depth market analysis and research, and investment guidance.

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NEO FAQs

What is the difference between NEO and GAS tokens?
NEO has a unique dual-token system. NEO is the governance token — holding it gives you ownership and voting rights over the network. GAS is the utility token used to pay for transactions and smart contract deployments on the NEO blockchain. Simply holding NEO in a compatible wallet automatically generates GAS over time — no staking required. This makes it one of the more passive income-friendly crypto assets available to Australian investors.
Is NEO available to buy in Australia?
Yes. NEO is legal to buy, sell, and hold in Australia. However it's not listed on all major Australian exchanges — it's not available on Coinbase for example. It can be purchased on Binance and KuCoin with AUD funding via PayID or bank transfer. UpTrade is AUSTRAC-registered and provides access to NEO as part of its full suite of 500+ digital assets.
What makes NEO different from Ethereum?
Both are smart contract platforms, but NEO — often called the "Ethereum of China" — was launched in 2014 and positions itself around regulatory compliance and digital identity. Unlike Ethereum, NEO allows developers to write smart contracts in common programming languages like C# and Java, rather than requiring a new language. NEO also has a fixed supply of 100 million tokens, with no further issuance.
Do I pay tax on NEO and GAS in Australia?
Yes — and NEO has an added layer worth knowing. The ATO treats NEO as a CGT asset, so selling or trading it triggers a CGT event. If you hold for more than 12 months you're entitled to the 50% CGT discount. The GAS tokens generated passively from holding NEO are treated as ordinary income by the ATO at their AUD value on the day you receive them — taxed at your full marginal rate with no CGT discount on that income portion. Keep records of both your NEO holdings and every GAS distribution received, and consult a crypto-savvy accountant.
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