How to Buy Gas (GAS) in Australia
Gas (GAS) is the utility token that powers the NEO blockchain ecosystem, used to pay for smart contract deployment and network operations. Buy Gas securely on Digital Surge with instant AUD deposits.
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How to Buy Gas on Digital Surge in 3 Easy Steps
Buying Gas has never been easier. Follow these quick steps to get started.
01.
Create an account
Sign up & verify on your mobile or desktop
02.
Deposit funds
Deposit AUD instantly with PayID
03.
Start trading
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Gas Price & Market Data
Check out the latest Gas price, stats, and market data.
Stats
- Market cap
- $104.06M
- Circulating supply
- 65.09M GAS
- Max supply
- —
- 24h trading volume
- $42.93M
- Rank
- #326
- All-time high
- $115.49 AUD Jan 15, 2018
- All-time low
- $0.985414 AUD Mar 13, 2020
About Gas
Neo's GAS is generated with the construction of the NEO blockchain. Around the year 2039, GAS circulation will reach 100 million and production will cease. The finite limit on GAS may cause the price to rise over time. GAS dividends are also accumulated as fees to the NEO network. Users pay with GAS to deploy and run smart contracts. Fees are proportional to the computing resources consumed by the contract. These fees are distributed as a reward for their activity on the network.
Infrastructure
Smart Contract Platform
NEO Ecosystem
1 GAS =
$1.64 AUD
+8.14%
What is Gas and How Does It Work?
Gas (GAS) is the essential utility token of the NEO blockchain network, automatically generated during the construction and operation of the NEO ecosystem. Unlike many cryptocurrencies that were distributed through initial sales, GAS is produced organically through the NEO network’s operations, with a hard cap of 100 million tokens set to be reached around 2039.
The primary purpose of GAS is to fuel the NEO blockchain’s smart contract functionality. Users must pay GAS fees to deploy and execute smart contracts on the network, with fees calculated proportionally to the computational resources required. These transaction fees are then distributed as rewards to network participants, creating a sustainable economic model that incentivises network security and operation.
- Finite supply of 100 million tokens with production ending in 2039
- Essential for deploying and running smart contracts on NEO
- Fees distributed as rewards to network validators
- Generated automatically through NEO blockchain operations
- Proportional fee structure based on computational resource usage
Why Buy Gas?
Gas holders can participate in the NEO ecosystem by deploying smart contracts and using decentralised applications built on the network. As the required fuel for all NEO blockchain operations, GAS serves a critical utility function in one of the established smart contract platforms. The finite supply model and automatic generation mechanism create a unique economic structure where GAS accumulates through network activity. For those interested in blockchain development or using NEO-based applications, holding GAS provides direct access to the platform’s functionality and services.
Gas Storage Tips
How to Store Gas Securely
After purchasing Gas, you can store it securely in your Digital Surge wallet for easy access and trading. For additional security, you can transfer your GAS to:
Use NEO-compatible wallets
Store GAS in wallets that support NEO ecosystem tokens like NEON or O3.
Enable multi-signature security
Use wallets with multi-signature features for enhanced protection of your GAS holdings.
Keep private keys offline
Store private keys securely offline using hardware wallets or paper storage methods.
Frequently Asked Questions
Yes, buying Gas in Australia is legal. Digital Surge is registered with AUSTRAC, complying with Australian anti-money-laundering and counter-terrorism-financing requirements for cryptocurrency exchanges.
GAS is automatically generated through the construction and operation of the NEO blockchain. Unlike tokens distributed through sales, GAS production occurs organically as the network operates, with all 100 million tokens expected to be generated by around 2039.
GAS is used to pay fees for deploying and running smart contracts on the NEO network. The fees are calculated proportionally based on the computational resources your smart contract consumes, making GAS essential for any NEO blockchain development or application usage.
Yes, GAS is available to purchase in Australia through Digital Surge. You can buy GAS using Australian dollars with instant deposits via PayID and secure storage options for your tokens.
We offer low and transparent trading fees starting from 0.1%, with no hidden costs. View our fee structure here.
You can deposit AUD instantly using PayID or via bank transfer — both with zero deposit fees. Most PayID deposits arrive in under 60 seconds.
Yes, in compliance with Australian regulations, all users complete a quick identity verification. Most verifications are approved within minutes, so you can start trading fast.
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