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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.

Why Use a Broker for crypto trading?

If you’ve traded for a while, you already know that not all Crypto brokers are created equal. At Uptrade, we combine professional execution with the security and service sophisticated investors demand.

Registered and regulated – UpTrade is a registered and regulated crypto broker, fully compliant with our regulatory responsibilities.

Seamless conversions – Convert Bitcoin into USD, EUR, CAD, AUD and more with ease.

One-to-one personal support – Uncertainty breeds hesitation, and no one profits from hesitation. We keep you in the loop with personal broker support, so you’re never left searching for answers.

Designed for sophisticated investors – Our rates are sharp, with no hidden fees. Just clear and competitive pricing. 

Preservation and control of wealth – Imagine trading with the expertise of an entire in-house team of analysts behind you. If you want to trade as a high-value investor, you need high-value market research

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Frequently Asked Questions

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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