In this guide you’ll get information about where to buy LUKSO, if you are planning to buy LYXe token – You’re in the right place!
LUKSO is a blockchain platform that supports lifestyle industry by providing a trustworthy infrastructure and decentralized innovation usable for customers, start-ups, and fashion brands. It serves as the foundation for sustainable ownership management and new forms of automated economic interactions. Combining smart contracts, user interfaces, and sewn-in chips, it is possible for the industry to create digital lives for their products through LUKSO.
In other words, the architecture of LUKSO supports its users to create and make use of numerous revolutionary features for the modern fashion ecosystem. Creators, curators, and consumers can become collaborators through new interaction channels built on the LUSO blockchain. In this way, they can engage in a seamless brand experience along with their virtual, digital, and physical touch-points. It means that LUKSO endows the whole ecosystem with its technological building blocks to move fashion forward.
- Official Site : https://www.lukso.network/
- Bitcointalk : https://bitcointalk.org/index.php?topic=5255814.
- Twitter : https://twitter.com/lukso_io
- Reddit : https://www.reddit.com/r/lukso/
- Telegram : https://t.me/LUKSO
- White Paper : https://icodrops.com/lukso/
Table of Contents
LUKSO (LYXe) Features
- Universal Public Profiles. The profiles of company and blockchain-based users are they key of permanent identifies in the digital world. They are important in universal login that requires remembering password and username while giving the users full control of their funds. As universal profiles serve as the core building block for the new create economies, they enable economic and verifiable interactions.
- Digital Certificates. This feature signifies the digital ownership for any physical and digital product. This additional digital layer to the creative goods’ ownership makes unique characteristics perpetually visible. With digital certificates, each product can be linked to a corresponding data record, connecting the virtual and physical worlds within the community.
- Cultural Currencies. LUKSO views tokens as a new form of value, status, interest, and participations on a global scale. They hold cultural value that attach transferable and measurable value to all socio-creative activity. For this reason, on the LUKSO platform, digital tokens act as the connective medium for lifestyle communities that eventually make them inclusive and valuable.
Where to Buy, Sell and Trade LUKSO aka LYXe
You can basically use debit card, credit card, or even PayPal to buy the LUKSO (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the LUKSO as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin or Tether first. After you get the ETH or BTC or USDT, you can convert it to LUKSO. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports LUKSO currency and exchange your Ethereum / Bitcoin / Tether with the LUKSO
- Store your LUKSO to a secured wallet
That’s the first step in buying LUKSO, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with LUKSO:
Binance is the top-ranked cryptocurrency exchange in the market, and it’s the place to go to trade large volumes of digital assets. They established their operations back in 2017 in Malta, one of the few countries to openly embrace cryptocurrencies as a financial instrument. They currently average up to 1.2 billion dollars in trade right now. Binance.com is unable to provide services to U.S. citizens or residents.
- Deposit Methods: Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & 5+ more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & 345+ more
- Trading Pairs: 1189+
Bybit is a leading cryptocurrency exchange offering a secure and efficient trading platform for digital asset enthusiasts. Founded in 2018, it specializes in derivatives trading, including perpetual and futures contracts, with high leverage options. Known for its user-friendly interface, Bybit caters to both novice and professional traders. The platform provides advanced tools, including charting and risk management features, ensuring a seamless trading experience. Bybit also supports spot trading, staking, and passive income opportunities. With 24/7 customer support, robust security measures, and a reputation for reliability, Bybit has become a popular choice for crypto traders seeking innovation and transparency.
- Deposit Methods: Cryptocurrency, Credit/Debit card, Third-party payment services, Peer-to-Peer (P2P) trading
- Fiat Currencies: USD, EUR, GBP, JPY, and 60+ more
- Supported Cryptocurrencies: BTC, ETH, XRP, LTC, DOGE, and 300+ more
- Trading Pairs: 500+
MEXC is a global cryptocurrency exchange platform known for its user-friendly interface, extensive range of listed cryptocurrencies, and innovative features. Established in 2018, MEXC provides trading services such as spot, futures, and margin trading, catering to both beginners and advanced traders. The platform supports a wide variety of altcoins, often listing new and promising projects. MEXC is popular for its high liquidity, competitive trading fees, and robust security measures, including two-factor authentication and fund protection protocols. It also offers staking and earning opportunities through its launchpad and DeFi integration, making it a versatile choice for crypto enthusiasts worldwide.
- Deposit Methods: Bank transfer (ACH), Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & over 2,700 others
- Trading Pairs: Over 3,000
IMPORTANT! Once you are registered to any of the above, find the LYXe/BTC or LYXe/ETH or LYXe/USDT trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum/Tether
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your LUKSO (LYXe) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy LUKSO (LYXe) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the LUKSO. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy LUKSO (LYXe) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy LUKSO (LYXe) with Skrill?
You can’t buy LYXe directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to LUKSO. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy LUKSO (LYXe) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair LYXe/BTC and begin the transactions.
Can I Buy LUKSO (LYXe) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support LYXe/ETH trading pair.
What Is the Best Payment Method to Buy LUKSO (LYXe)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the LUKSO right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect LUKSO (LYXe)?
Once you have purchased the LUKSO, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell LUKSO (LYXe)?
Find a crypto exchange which allow pairing LYXe with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine LUKSO (LYXe) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a LUKSO is to buy it from a reliable exchange.
Conclusion
The attempts to open doors for developers to participate in the LUKSO ecosystem and provide them with secure and useful tools should be highly appreciated. Moreover, it has fully developed a reliable platform and good ecosystem for digital economy and cultural tokens. Furthermore, the LUKSO token (LYXe) has so far presented good compatibility within the ecosystem. What the team needs to do is to develop a set of mobile apps to for the ecosystem.
