home » buy » Where and How to Buy LUKSO

Where and How to Buy LUKSO in 2022 – A Beginner’s Guide

By Meghan M. 10 min read

Are you looking to buy LUKSO (LYXe) and don’t know where to start? Well, if that’s the case then you are on the right place. Don't be terrified; buying cryptocurrency is now easier than ever. With the rate at which prices have risen, cryptocurrency is an interesting investment. However, if you're just getting started, the purchase process might be perplexing, and you may be unclear where to begin. Let’s get started.

Where to buy LUKSO

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase LUKSO (LYXe) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your LUKSO.

1. KuCoin

KuCoin is a cryptocurrency exchange based in the Seychelles. The service provided by KuCoin cryptocurrency exchange is not limited to buying and selling crypto tokens or exchanging crypto tokens for Altcoins or fiat currencies. Furthermore, KuCoin's cryptocurrency loan service at unique interest rates varies from the rest of the world's crypto exchanges.

The platform is straightforward and simple to use. It is organized into stages for simple registration, following which one may begin trading. The number of cryptocurrencies and fiat currencies supported is extremely astounding. Furthermore, KuCoin provides 10x leverage for margin transactions, making it a popular exchange for passive profits.

KuCoin, being a crypto exchange with a global reach, is a practical choice that is accessible from most countries. Nonetheless, because KuCoin is a non-US-based exchange, US persons over the FBAR threshold must disclose it in FBAR filings.

Getting Started with KuCoin

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward.

You can open an account with KuCoin by following the easy steps outlined below.

Step 1: To begin, go to the platform's main website.

Step 2: Then, to access the registration form, click the "Sign Up" option.

Step 3: Fill your required information. Verify your supplied email address or Phone Number by clicking on the verification link that was delivered to your inbox.

Step 4: You must provide your cellphone number with the country code to complete the two-step verification process.

Step 5: Now the Account has been created.

KuCoin Pros

  • There are almost 200 cryptocurrencies supported.
  • There are several payment options.
  • Allows for the conversion of money to cryptocurrency and vice versa.
  • Downloading mobile apps for Android and iOS devices is simple.
  • Micro withdrawal wallets are now available.
  • Trading commission is rather minimal.

KuCoin Cons

  • Expensive costs when purchasing cryptocurrency with fiat currency (3 percent -12 percent).
  • Fiat currency cannot be withdrawn.

How to buy LUKSO on KuCoin

Do you want to know how to buy crypto on KuCoin? This is also really simple. Follow the steps below to buy LUKSO (LYXe) on Kucoin:

1.  Login to your newly created Kucoin Account, go to the Buy Crypto tab from the main menu.

2. After that, you must look for LUKSO to purchase. To do so, type (LYXe) or (LUKSO) into the search box on the right side of the page.

3. KuCoin will then provide all of the possible trading pairs for the LUKSO.

4. Enter the amount  of LYXe you want to buy in crypto or your local money.

5. Choose a payment method (Credit Card ).

6. To confirm your purchase, click Preview Buy

7. If all of the information is accurate, click Buy to complete your transaction.


2. Gate.io

Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.

This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.

Gate.io Features

The following are some of the exchange's features:

  1. The platform includes an easy-to-use design that is intended for both rookie and experienced traders.
  2. Apart from crypto trading, it allows margin, options, or swaps trading (spot exchange) with leverage of up to 100x.
  3. Provides traders with real-time market information and important charting tools for trading Altcoins, stablecoins, and DeFi tokens.
  4. Demo version available.
  5. Provides HODL profits through cryptocurrency investments.
  6. Allows for the pledging of one cryptocurrency asset in order to borrow another cryptocurrency asset.
  7. System with low trading fees, including no zero deposit charge and very minor withdrawal fees.
  8. Customer help is provided 24 hours a day, as is a detailed FAQ section and other resources.

Getting Started with Gate.io

Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.

Step 1: Go to the official Gate.io website and click Sign Up.

Step 2: On the next screen, enter your email address, and create a password.

Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).

Step 4: You will be prompted to confirm your email address.

Step 5: Once you've verified your email, you can simply Login to the site and begin trading!

Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.

How to buy LUKSO on Gate.io

Follow our step by step guide to buy LUKSO (LYXe) on gate.io:

1. Log in to your Account on Gate.io.

2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy LYXe coin (Credit card, Bank Transfer, P2P Trade).

3. Enter the purchase amount in USD. Now select/search LUKSO from dropdown menu.

4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.

5. Accept the terms and conditions and click Purchase.

Now you are Proud investor in LUKSO (LYXe).

If you want to buy LUKSO with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for LYXe and buy it using your deposit cryptocurrency.


Other Exchanges to buy LUKSO

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy LYXe.

1. Bilaxy Join Now
2. Hoo.com Join Now

Buy LUKSO on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy LUKSO (LYXe) easily.

1. Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

Uniswap (v3) Pros

  • It maintains your anonymity because it does not require KYC or registration.
  • You have complete control over your tokens.
  • On Uniswap, users may exchange flash swaps.
  • Transaction costs are split between Uniswap and liquidity providers for maintaining a healthy growth rate.

Uniswap (v3) Cons

  • It only supports ECR-20 tokens.
  • The frequency of bogus tokens as a result of open listing.
  • Flash swaps can result in cyber-attacks.

How to buy LUKSO on Uniswap (v3)

In this section, we'll go through below steps on how to make your first LUKSO purchase on Uniswap.

Uniswap allows you to buy LUKSO (LYXe) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).

 

Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.

Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case LUKSO), You can also search LUKSO (LYXe) in Coinmarketcap and copy/paste the LYXe contract in uniswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.



Conclusion

Choosing the best cryptocurrency platform for LUKSO (LYXe) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




Investing Crypto logo
Copyright © 2023 Investing Crypto. All Rights Reserved.