After buying NEO, you should move your money to a wallet you control RIGHT AWAY!
Because if the exchange gets hacked, you will lose money. The wallets below will let you take your coins into your own hands and have true control over your NEO.
The Nano S is made by Ledger, a Bitcoin security company based in France. They have been creating cryptocurrency hardware wallets since 2014.
The Nano S costs about $65 and can be ordered from Ledger’s website.
If you are buying NEO that you plan to hold for a while, then the Nano S is probably the easiest way to securely store your NEO for a long period of time.
When digital currency like bitcoins or NEO is stored on online computers, it can easily be obtained by malware or hackers. The Nano S stores your NEO offline and away from hackers or malware. The Nano S stores your private keys which control your NEO in its secure offline enviroment.
At this time, there is no good mobile wallet for Android, iOS or Windows phone. We will keep this post updated and hope to have more wallet options to list soon.
NEONWallet is an open source NEO wallet for desktop.
It is probably fine to store NEO on a mobile device for short periods, but if you are serious about securing your NEO then it is worth it to pick up a hardware wallet. Since mobile devices are connected to the internet it is much easier for hackers to steal cryptocurrency from them.
There isn’t a good NEO web wallet at this time. Regardless, web wallets for any cryptocurrency are very easily hacked and stolen from so it is not a good idea to use them in the first place.
NEO has jumped a ton over the past few months, and has settled down around $41.78. It is currently the 14th biggest cryptocurrency even though it really acts more like a platform rather than a currency.
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