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How to buy LUKSO Token (LYXE) in the US

A beginner's guide to buying and selling LYXE in the US.

How to buy LUKSO Token

Look for an exchange that supports both fiat and cryptocurrency to simplify buying LUKSO Token.

  1. Open an account on an exchange that supports LYXE.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy LUKSO Token.
  3. Buy LUKSO Token.
    Complete your LUKSO Token purchase and then find the best wallet to store LYXE.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is LUKSO Token?

Founded by Ethereum developer Fabian Vogelsteller and innovation adviser Marjorie Hernandez, LUKSO is a public blockchain specifically aimed at fashion and lifestyle. According to the whitepaper, the blockchain is designed so that fashion, gaming, design and social media experts can participate in a system that dictates the effective distribution of wealth and influence. Scheduled for launch in Q4 2021, LUKSO aims to become a “big app store” that will provide those within the fashion and lifestyle industries access to the advantages of decentralized blockchain technology. The blockchain works on a Delegated Proof-of-Stake (DPoS) consensus mechanism and utilizes the Ethereum Virtual Machine so that it can integrate Ethereum smart contracts. The platform offers users the ability to create universal public profiles and digital identities as well as build tokenized communities. LUKSO launched the pre-launch LYXe token via a Reversible initial coin offering (ICO) last year. Situated on the Ethereum blockchain, LYXe represents the future LYX token that will secure and validate the LUKSO blockchain. The pre-launch Reversible ICO, which began in March 2020, allowed users to reserve a set number of LYXe tokens and then purchase them slowly over a period of 8 months. Any non-purchased LYXe tokens were then returned to the supply.

LUKSO Token (LYXE) is the 241st largest cryptocurrency in the world by market cap, valued at $159,479,910. The current price of LUKSO Token is $11.26, which is 14.461% higher than yesterday. Prices have ranged between $11.44 and $9.45 over the past 24 hours. All prices are listed in US dollars and accurate as of August 01, 2021 08:08 UTC.

Where to buy

Unfortunately, at this time no major exchanges in the United States offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

LUKSO Token at a glance

Information last updated August 01, 2021 08:08 UTC.
Coin symbolLYXE
Total LYXE supply100,000,000
Circulating LYXE14,945,916
Current priceUS$11.26
All time highUS$27.08

LUKSO Token price performance over time

Historical prices compared with the price of US$11.26.

1 hour 3.06%
24 hours 14.46%
7 days 48.87%
14 days 80.43%
30 days 102.04%
60 days 27.44%
200 days 605.39%
1 year 4,104.78%

How to sell LUKSO Token

You can cash out your LYXE with the same exchange you bought it through:

  1. Sign in to the exchange you have LYXE on.
    If you store your LUKSO Token in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of LYXE you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of LUKSO Token.

What to consider when buying LUKSO Token

Whether purchasing LYXe for future use or as an investment, any altcoin carries high risks and it’s important to understand the key features of the token. For LYXe, here are a few factors to consider:
  • Supply. There is a maximum supply of 100 million tokens. According to coin aggregator, CoinMarketCap, at the time of writing, the current circulating supply is 15 million. It is expected that when the network is launched in Q4 2021, the circulating supply will increase to 35 million.
  • LYX vs LYXe. Both LYX and LYXe represent the same asset, but they exist on different blockchain networks. LYX represents the native token of the LUKSO blockchain and will be used to secure the decentralized infrastructure. It will be used to pay for transaction fees on the blockchain and will be required for those wishing to stake and participate in block production. LYXe are pre-launch tokens that are situated on the Ethereum blockchain. Once LUKSO mainnet has launched, LYXe tokens will migrate to LYX.
  • Transaction fees. The future LYX token will be paid by users and collected by block producers. Transaction fees will prevent network spam and reward block validation. The transaction fee on the network will depend on transaction complexity.
  • Staking. Once LYXe tokens have migrated to LYX, any token holder can stake in the blockchain network to receive a share of the transaction fees and block rewards.
Disclaimer: Cryptocurrencies, including LUKSO Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LYXE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the LUKSO Token or any other cryptocurrency discussed.

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