GAS is on one side of the cryptocurrency that drives the NEO blockchain economy and has been so since it started operation in 2017. We can relate the function of the coin just as Ether is to the Ethereum blockchain platform. Basically, it functions as a currency to pay for operational activities being explored on the network by developers.
GAS investments are as safe and free from precarious situations just as the NEO token, which makes up the other side of the coin – the instruments which help with the smooth running of the platform.
Since it is the operational token (such as payment for smart contract developments) and the counterpart is responsible for the shares and maintains the political aspect of the ecosystem, it, therefore, means that the worth of both entities are intertwined.
The future of the cryptocurrency has so much dependence on the integral quality of the platform and the products that emanate from its dApp-enabled smart contract toolkits.How to buy?
The cryptocurrency is trading on 16 markets currently and has trade pairs with BTC, ETH, INR, NEO, USDT KRW and KCS. The coin which began trading in July of 2017, has been doing quite well on the market and follows no particular negative deviation from the cryptocurrency market expectations.
You can buy Gas with any of the trade pairs by simply purchasing BTC, ETH or any other alt pair first before buying the currency. The crypto asset is based on the NEO technology and therefore you will need their wallet.
On their official website, there are a couple of compatible wallets which can be downloaded and used to store the currency, simply make sure you secure the wallet well enough by either downloading the keystore file and save it in a secure place or printing out a paper wallet so that you won’t lose access to your coin. Other means of storing include using any of the hardware wallets available.