How and Where to Buy NEOPIN (NPT) – Detailed Guide

What is NPT?

Experience the power of trust and stability, NEOPIN CeDeFi What is a “Trust”? How do you trust others? We say that we trust people not when they are friendly, but when we can transparently know who they are for a long time. What about commercial services? Why do we trust Amazon, Google, Apple and Samsung and give them all my card and personal information? We did not trust these services in the first place. These services became trustworthy with the value of their company based on secure long term interaction with users and technologies. However, any trust we place in these services are never immutable, just like people. This applies to both traditional finance and Web 3.0 markets as well.

The traditional financial market provided reliable services, but we also hear news of some major banks being hacked or abusing users’ personal and/or financial information. DeFi was created to solve this problem, but it raised an issue of inability to filter users as the service is decentralized, leading to the potential abuse of criminal proceeds such as money laundering, etc. At NEOPIN, we wanted to solve this paradox by providing a transparent, reliable and stable financial service, but one that is user-oriented financial service. We believe that the best approach to providing innovative crypto services is to take advantage of both CeFi and DeFi.

Pathways to CeDeFi

The Trial and Failure of CeFi and DeFi The evolution of CeFi and DeFi has been rapid since the emergence of decentralized finance, centered around the Bitcoin and Ethereum networks. As a result, the ecosystems of layer 1 and layer 2 networks have grown significantly in a short period of time.

However, a series of events in which the weaknesses of each area became starkly apparent have greatly affected the growth of the overall blockchain industry.

Ultimately, CeFi, which includes centralized exchanges, has faced many problems due to unclear management of customer funds, excessive third-party leverage exposure, and ethical issues, resulting in many victims. DeFi has also faced challenges, including the oracle problem of difficulty in managing counterparty risk due to protocol flaws and cumulated issues that erupted at the same time and caused great damage.

What is CeDeFi CeDeFi stands for "Centralized-Decentralized Finance". It is a new concept that aims to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi).

The idea behind CeDeFi is to take the best aspects of both CeFi and DeFi and combine them to create a financial ecosystem that is more efficient, transparent, and user-friendly.

CeFi has a reputation for stability, security and regulatory compliance, but it can be lacking in terms of transparency and accessibility. On the other hand, DeFi has a reputation for transparency, accessibility and innovation, but it can be lacking in terms of stability, security and regulatory compliance.

CeDeFi aims to solve these problems by leveraging the strengths of both CeFi and DeFi, such as providing a stable and secure platform with regulatory compliance, while also providing transparency and accessibility as well as innovation and flexibility.

The CeDeFi ecosystem is expected to bring many benefits to the financial industry, although it is still relatively new and rapidly evolving. For this reason, CeDeFi offers the DeFi products such as yield farming, lending, borrowing, liquidity staking and token swapping, which are available on the DeFi protocols and at the same time are compliant in terms of regulation.

The necessity of CeDeFi The Web3 market is in need of a new direction for the continued growth and mass adoption that everyone has been clamoring for over the past decade. While we have been through all the noise and scandals coming from both centralized platforms and decentralized ecosystems, the innovators in the industry have been quietly preparing to embrace a regulatory environment that will allow them to build an open and welcoming ecosystem to invite traditional financial market participants.

The reason why billions of dollars of traditional finance haven't been unlocked and deployed in the Web3 space is that there is no real bridge between the traditional world and the decentralized finance ecosystem.

The lack of regulation and standards in the crypto space is what CeDeFi is designed to address. It does this by being compliant with the regulations that make it easier for law enforcement to identify potential criminals in a more straightforward way. CeDeFi is also characterized by centralized entities that make use of governance structures that are similar to those that are known from the traditional financial sector. At the same time, it leverages the efficiencies of decentralized finance for cost reduction.

NEOPIN CeDeFi Landscape NEOPIN NEOPIN is a CeDeFi platform that has an innovative approach to the market, taking advantage of CeFi and DeFi: CeDeFi. The protocol aim to lead a new era of the CeDeFi by leveraging the stability and security of centralized systems with the flexibility and transparency of decentralized ones. Combining the strengths of both systems, providing its users with greater trust and stability through the implementation of KYC and AML procedures. Unlike address-based DeFi projects, which can be vulnerable to external security threats, NEOPIN has implemented strict security policies such as a KYC identification system and AML guidelines since it started operating in January 2022.

NEOPIN offers a range of DeFi services, including staking, swap and yield farming in various cryptocurrencies. These services have been designed with ease of use and positive user experience in mind. NEOPIN is constantly working on innovative ideas that will allow its users to make use of the assets they have accumulated through the platform in a variety of ways, including X2E (P2E, S2E, M2E) and NFT services. Ultimately, based on its secure security protocols and regulatory environment, NEOPIN aims to become an open blockchain platform that bridges traditional finance and DeFi protocols for all users.

NPT was first tradable on 21st Mar, 2022. It has a total supply of 1,000,000,000. As of right now NPT has a market capitalization of USD $604,238,998.66. The current price of NPT is $0.604 and is ranked 596 on Coinmarketcap and has recently surged 26.79 percent at the time of writing.

NPT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy NPT.

Step 1: Register on Fiat-to-Crypto Exchange

You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.

uphold

Suitable for US traders

Select Fiat-to-Crypto Exchange for details:

NPT

Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:

  • Easy to buy and trade among multiple assets, more than 50 and still adding
  • Currently more than 7M users worldwide
  • You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
  • Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
  • No hidden fees and any other account fees
  • There are limited buy/sell orders for more advanced users
  • You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
  • USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Show Details Steps ▾
NPT

Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.

NPT

You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.

NPT

Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.

Step 2: Buy USDT with fiat money

NPT

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.

NPT

Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.

Step 3: Transfer USDT to an Altcoin Exchange

NPT

But we are not done yet, since NPT is an altcoin we need to transfer our USDT to an exchange that NPT can be traded, here we will use Gate.io as our exchange. Gate.io is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.

NPT

After going through a similar process as we've done before with UpHold, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Step 4: Deposit USDT to exchange

NPT

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.

NPT

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'USDT address', this is a unique public address of your USDT wallet at Gate.io and you can receive USDT by giving this address to the person to send you the funds. Since we are now transferring our previously bought USDT on UpHold to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to UpHold, go to the Transact screen and click on USDT on the "From" field, choose the amount you wan to send and on the "To" field choose USDT under "Crypto Network", then click "Preview withdraw".

On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

After reviewing, click 'Confirm' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Gate.io!

NPT

Now go back to Gate.io and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the USDT network, during busy times it may take even longer.

You should receive a confirmation notification from Gate.io once your USDT has arrived. And you are now finally ready to purchase NPT!

Step 5: Trade NPT

NPT

Go back to Gate.io, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.

NPT

In the right column there is a search bar, now make sure "USDT" is selected as we are trading USDT to altcoin pair. Click on it and type in "NPT", you should see NPT/USDT, select that pair and you should see a price chart of NPT/USDT in the middle of the page.

Below there is a box with a green button that says "Buy NPT", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your USDT deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy NPT". Voila! You have finally bought NPT!

Last Step: Store NPT securely in hardware wallets

Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Ledger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your NPT for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.

Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.

Frequently Asked Questions

Can I buy NPT with cash?

There is no direct way to buy NPT with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.

LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.

Are there any quick ways to buy NPT in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.

Are there any alternative platforms to buy NPT or Bitcoin with credit cards?

Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

Read more on NEOPIN's fundamentals and current price here.

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