The Neutrino protocol is a decentralized application built on the Waves blockchain. It is a protocol that allows generated stablecoins to be tied to physical assets. 

The token is one of many stablecoins pegged to the US dollar. This guide will walk you through how to buy Neutrino USD easily and from the comfort of your home. 

How to Buy Neutrino USD- Quickfire Walkthrough In Less Than 10 Minutes. 

Neutrino USD is one of the most popular stablecoins. If you’re looking to buy this Defi coin, Pancakeswap is the most suitable decentralized exchange. The exchange makes it possible to purchase stablecoins without going through a third party. 

The following steps will show you how to buy Neutrino USD tokens within ten minutes. 

  • Step 1: Download Trust Wallet: This wallet is the most suitable option to use with Pancakeswap. You can download it on your Android or iOS. 
  • Step 2: Search for Neutrino USD: In the search box located at the top right corner of the Trust Wallet, find  the coin by entering “Neutrino USD.”
  • Step 3: Add Cryptocurrency Assets to Your Wallet: You cannot make any exchange if you don’t already have cryptocurrency in your wallet. You may choose to buy tokens with your credit/debit card or transfer digital assets from an external source. 
  • Step 4: Connect to Pancakeswap: Once you fund your wallet, you can proceed to connect to Pancakeswap. Click ‘DApps’ at the lower part of your screen, choose Pancakeswap, and connect. 
  • Step 5: Buy Neutrino USD: After connecting your wallet, you can now buy Neutrino USD tokens. Locate the ‘From’ tab under the ‘Exchange’ icon, and select the token you intend to swap for Neutrino USD. The other side of the screen has the ‘To’ tab, where you choose Neutrino USD. Finally, select the number of Neutrino USD tokens you want and click ‘Swap.’ 

Your Neutrino USD coins will appear in your Trust Wallet within minutes. You can also use Pancakeswap to sell the tokens when the time for this eventually comes around. 

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

How To Buy Neutrino USD Tokens- Full Step-By-Step Walkthrough 

The quickfire guide above will appear sufficient if you are already familiar with cryptocurrency trading and exchanges. However, if this is your first time using a DEX to buy Defi coins, you will likely need a more detailed guide. 

We have provided below an in-depth guide on how to buy Neutrino USD below – which is aimed at beginners.

Step 1: Download Trust Wallet 

Trust Wallet is the most suitable option to use with Pancakeswap when buying Neutrino USD. The wallet is accessible, secure, easy to use, and has the backing of Binance. Pancakeswap is a decentralized application that allows you to exchange coins conveniently. The exchange is very suitable for swapping Defi coins such as Neutrino USD. 

Trust Wallet is available on both Android and iOS devices. Go to your Apple Store or Google Playstore and search for Trust Wallet. Set up your account and select a secure and memorable password.

Trust Wallet provides a 12-word passphrase that lets you retrieve your account if you lose your phone or forget your password, so ensure you keep it somewhere safe. 

Step 2: Add Cryptocurrency Assets To Your Wallet. 

You cannot carry out transactions or exchanges without funding your Trust Wallet. This can be done in two ways, so you get to choose which serves you best. 

Buy Cryptocurrency With Your Credit/Debit Card

Trust Wallet stands out because it allows you to buy any amount of cryptocurrency using your credit/debit card. The best part is that the wallet has a simple user interface, albeit buying with a credit/debit card means you have to complete your verification process.

In verifying your identity, you will have to upload a government-issued identity card like a driver’s license or passport. After verifying your identity through the Know Your Customer (KYC) process, you can follow these steps to buy cryptocurrency with your credit/debit card:

  • Locate ‘Buy’ at the upper part of your Trust Wallet. 
  • There are numerous cryptocurrencies available on Trust Wallet, and you can choose anyone.
  • However, you may want to go for BNB or any other renowned coin. Established coins like this are the best to swap with.
  • Select the number of tokens you want for the particular coin you have chosen and complete the transaction. 

Within a short while, your tokens will appear in your wallet. 

Send Cryptocurrency Assets From an External Source

You can also fund your Trust Wallet by sending cryptocurrency tokens from an external source. However, you have to own cryptocurrency in another wallet before you can do this. If you do, then here’s how to continue: 

  • Search for the ‘Receive’ tab in your Trust Wallet. Select the cryptocurrency you want to receive from the available range of supported tokens. 
  • A wallet address will appear on your screen. Be sure to copy it because that saves time and ensures accuracy. 
  • Locate the ‘Send’ bar in your source wallet and paste the copied address in it. Next, type the number of tokens you want to send and confirm the transaction. 

In a matter of seconds, the cryptocurrency tokens you have transferred will reflect in your Trust Wallet. 

Step 3: How To Buy Neutrino USD Through Pancakeswap 

Since you have deposited some cryptocurrency in your wallet, you can now buy Neutrino USD using Pancakeswap. You will, however, have to connect Pancakeswap to your Trust Wallet. After connecting your Trust Wallet to Pancakeswap, you can follow these steps to buy Neutrino USD tokens:

  • Find ‘DEX’ on the Pancakeswap page. 
  • Locate the ‘Swap’ bar. Here, look for the ‘You Pay’ icon and choose the coin you bought or sent to your Trust Wallet. Also, select the quantity you want to exchange. 
  • Search for the ‘You Get’ icon and select Neutrino USD. The Trust Wallet will inform you of the amount of Neutrino USD tokens equivalent to the coins you chose in the ‘You Pay’ section. 
  • Click ‘Swap’ and complete the transaction. 

Your Neutrino USD tokens will reflect within seconds after you confirm the transaction. 

Step 4: How to Sell Neutrino USD

It is equally important to know how to sell Neutrino USD using Pancakeswap. Even if you’re not willing to sell soon, understanding the process is crucial.

This can be done in two ways: 

  • On Pancakeswap, you can exchange Neutrino USD for another token. First, follow the steps on ‘how to buy Neutrino USD.’ Then, at the ‘You Pay’ section, select Neutrino USD instead. 
  • You can also convert your Neutrino USD tokens to fiat currency. However, you will have to sell them on another platform. When you sell in this regard, you’ll get credited actual money – which you can then withdraw to your bank account.

Where Can You Buy Neutrino USD Online?

Buying Neutrino USD should be a walk in the park because there are numerous exchanges offering this service. However, Pancakeswap is the most suitable method because of its impressive features and convenience in buying a Defi coin like Neutrino USD.

There are numerous reasons for this, and you can find some of them below. 

Pancakeswap – Buy Neutrino USD Through a Decentralized Exchange

As a DEX, Pancakeswap makes it possible to buy Defi coins without third-party interference. The exchange has an impressive security framework and continues to get updated with user-focused features. Owing to the platform’s continuing development, it has outdone Uniswap as an exchange.

This is one exchange where you can buy Neutrino USD seamlessly. In addition, Pancakeswap is relatively user-friendly. Cryptocurrency newbies and veterans alike will find it easy to navigate the ‘DApp.’ The exchange also stands out for charging low transaction fees – while at the same time, is home to super-fast execution speed. You can complete your transactions within the shortest possible time. 

If you have access to many idle coins, then Pancakeswap may be just what you need. The exchange allows you to reap rewards on those coins because their existence contributes to the platform’s liquidity pool. Pancakeswap also allows for staking, which is just another way to make money off your Neutrino USD tokens. 

Furthermore, Pancakeswap offers you a wide range of projects to buy into, making it easy to diversify. There are numerous cryptocurrency tokens you can exchange or trade with. This makes it more practical to hedge your risks when investing in projects. To get started with Pancakeswap, set up your Trust Wallet and fund it accordingly.

Pros:

  • Exchange digital currencies in a decentralized manner
  • No requirement to use a third party when buying and selling cryptocurrency
  • Supports a sizable number of digital tokens
  • Allows you to earn interest on your idle crypto funds
  • Sufficient levels of liquidity – even on smaller tokens
  • Prediction and lottery games


Cons:

  • Might appear daunting at first glance for newbies
  • Does not support fiat payments directly

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile. 

Ways To Buy Neutrino USD Tokens 

There are two major ways you can buy Neutrino USD with ease and from the comfort of your home. They include:

Buy Neutrino USD With Your Credit or Debit Card 

You can buy Neutrino USD tokens with your credit/debit card, but you will have to complete the Know Your Customer process and verify your Trust Wallet. Next, you will have to connect your Trust Wallet to Pancakeswap. You can now buy all the Neutrino USD you want once you are done with these steps. 

Buy Neutrino USD With Cryptocurrency

If you already have cryptocurrency assets in an external wallet, you can transfer the quantity you need to your Trust Wallet. First, you have to copy your Trust Wallet address, paste it into your external wallet, and send the amount of cryptocurrency you desire.

Then, connect your Trust Wallet to Pancakeswap and buy your Neutrino USD. Whatever method you decide to go for, you may follow the above guide on ‘how to buy Neutrino USD.’

Should I Buy Neutrino USD?

Our guide on how to buy Neutrino USD helps you to understand in detail all you need to know about buying this Defi coin. However, before you get to that point, you must have done extensive research on why you should invest in this project. 

We have a few factors you may want to consider before you go ahead with your purchase.

The Project  

The Neutrino protocol has grown to include more features and functions since its launch. The NSBT token enjoys an elastic supply that makes it possible for Neutrino to maintain its reserves’ stability through recapitalization. Additionally, when you stake NSBT, you’re eligible for some of the 2% fees generated from the operation of all smart contracts.

In the first week of launch, holders of NSBT staked over 80% of the coins in circulation, which in total amounted to over $400,000 worth of USDN and WAVES received by network participants. Additionally, aside from activating NSBT staking, the protocol has now expanded the function of its governance.

Consequently, the system can now mint stablecoins in practically any denomination. More so, the process of forex assets’ selection is guided by a democratic procedure. By making the protocol more democratic and self-sustaining, the project is positioned for adequate growth. 

Stable Value 

Neutrino USD is a stablecoin that is pegged to USD and, as such, has the same financial value as a dollar. However, this hasn't always been the case.

  • For instance, the digital token has hit all-time highs of $1.20.
  • Furthermore, and perhaps most importantly, Neutrino USD hit lows of $0.12 on 14 June 2021 - which is very concerning.  

Nevertheless, stable value presupposes that this coin will continue to remain somewhere around $1, making it a worthy digital token to consider holding in your portfolio.

Suppose you got a signal to sell another Defi coin you’re holding, but you don’t want your money in fiat, you can easily convert to Neutrino USD. Having your money in this project means you can retain the value for as long as you desire.

Neutrino Smart Contract 

The Neutrino USD smart contract uses an approach that no other protocol has ever applied. It allows you to exchange USDN for $WAVES on an equal basis. The entire procedure is governed by the smart contract, which stakes and generates rewards for you through the Waves consensus mechanism. 

The protocol also has systems in place to help users mitigate their risk when trading the coin. This makes it a relatively safe coin to use for different purposes. 

Neutrino USD Price Prediction

Remember, Neutrino USD is a stablecoin pegged against the US dollar. This means that although its price can alter, it will always hover around $1 - at least in theory. So, the coin is not versatile. Yet, no one can say for a fact whether it will be $0.99 tomorrow or slightly above $1.

To that end, price predictions concerning a stablecoin such as Neutrino USD are invalid. If you want to know more about investing in the coin, you should lean towards factors like the market cap, trading value, history, and liquidity of Neutrino USD before proceeding.  

Risks of Buying Neutrino USD Tokens

Although a stablecoin, buying Neutrino USD should still be based on your personal research. There are some practices you can apply to reduce the risks of buying Neutrino USD, and they include:

  • Carry out extensive research: There is complete information about Neutrino USD on the internet. You may use it to your advantage when you want to buy this stablecoin. Read up on the market capitalization, available tokens, and other features of Neutrino USD before you make a buying decision. 
  • Diversify: Importantly, you may choose not to put all your finances in a single coin. It helps to mitigate your risks.
  • Invest periodically: Instead of investing all at once, buying coins at intervals helps to reduce your risks. This is because you get to purchase when the price is low and sell if it shoots up, even if it's a tiny increase. This also enables you to handle price fluctuations more conveniently. 

Best Neutrino USD Wallet

Aside from knowing how to buy Neutrino USD, you also need to understand the best wallets for securing the coin. When you are choosing a wallet for this, factor in ease of access and security. 

Here are the best Neutrino USD wallets for 2021:

Trust Wallet: Overall Best Wallet for Neutrino USD

Whether you are storing a large or small quantity of Neutrino USD, Trust Wallet is the most suitable choice. It is easy to access, user-friendly, secure, and requires no subscription. Trust Wallet is perfect for both cryptocurrency beginners and veterans. 

Additionally, you can easily access Pancakeswap for your token purchases. Trust Wallet also allows you to buy cryptocurrency directly with a debit or credit card.

Coinomi: Best Neutrino USD Wallet for Desktops

Coinomi is a super reliable, secure, and user-friendly wallet for desktops. It was founded in 2014 and has since then enjoyed steady security. Coinomi has never been hacked or compromised since it was established, which means your Neutrino USD coins are in safe hands. 

The best part is that you can also operate a Coinomi wallet on your mobile phone. 

Ledger Nano X: Best Neutrino USD Wallet for Security

Ledger Nano X is a hardware wallet that keeps your cryptocurrency keys secure. It has numerous features, such as frequent security audits that are designed to prevent hacks. 

The Ledger Nano X wallet is so versatile that you can connect it to your mobile phone or desktop. It is very suitable for storing Neutrino USD coins in a large or small quantity. 

How To Buy Neutrino USD - Bottom Line

In conclusion, buying Neutrino USD is relatively easy once you understand the process and the needed apps. The project is a decentralized coin, and as such, Pancakeswap is the most suitable medium for exchange. Pancakeswap is a decentralized application that offers you direct access to numerous Defi coins.  

The best part is that you can access Pancakeswap on Trust Wallet, and you don’t have to subscribe to either. This is what our guide on how to buy Neutrino USD seeks to help you understand. Within minutes of grasping it, we are confident that you will be able to buy all the Neutrino USD tokens you desire. 

Buy Neutrino USD Now via Pancakeswap

 

 

Always consider the risks involved when buying cryptocurrencies. Digital assets are highly speculative and volatile.

FAQs

How much is Neutrino USD?

The price of Neutrino USD and other stablecoins are not guaranteed to stay the same because they can be volatile. However, as of late-July, one Neutrino USD is about $0.99.

Is Neutrino USD a good buy?

Neutrino USD is pegged to the US dollar and, as such, has a value that constantly mirrors the latter. It may be a good buy, but you can only find out after extensive research.

What is the minimum Neutrino USD tokens you can buy?

You can buy Neutrino USD in fractions. This means that you can buy one Neutrino USD token or even less.

What is the Neutrino USD all-time high?

Neutrino USD hit its all-time high of $1.20 on 8 February, 2020.

How do you buy Neutrino USD using a debit card?

Download and install Trust Wallet from your iOS or Android application store. First, you have to get verified by completing the Know Your Customer process. Then, connect your Trust Wallet to Pancakeswap and buy all the Neutrino USD tokens you desire using an established cryptocurrency.

How many Neutrino USD Tokens are there?

There are about 407 million Neutrino USD tokens in the market as of July 2021. This translates into a market cap of about$407 million.