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RE: The implications of NEO being indivisible - more scarce than even Bitcoin 🤓

in #cryptocurrency7 years ago (edited)

I wonder how many people transfer their crypto from their exchange wallet to the Neo wallet? As you say if it's on the exchange, to the average investor you can buy 0.5 Neo and they are non the wiser. You make a lot of very good points. I've been holding Neo for awhile now. $1500 sounds good :)

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A lot of small and new investors don't know this, if they haven't done their research. But the big players obviously know.. or perhaps they don't because they don't ever bother with fractions?
I'm sure a fair deal of newbies are disappointed from time to time though. They must just hodl it on the exchange instead..? if they choose the right exchange they can still get GAS

"if they choose the right exchange they can still get GAS"

I didn't know you could claim gas on an exchange. Good to know.

Yeah I think most people probably just hold on an exchange. Maybe the big players do to so they can sell it quickly if they wanted to.

You don't claim it per se, but Binance and Kucoin both claim it for you if you hold NEO on there. I believe they pay it out once per month?
But it's better than Bittrex, which doesn't pay out the GAS and simply collects it for themselves!

Bittrex's Neo wallet has withdrawals suspended at the minute as well. Thanks for the information on Binance.