Skip to content

How & Where to Buy Lisk A Step-by-Step Guide to Buying LSK

  1. Sign up at CoinSwitch, the #1 rated LSK exchange.
  2. Fund your account with cash or crypto.
  3. Buy LiskLSK
  1. STEP 1Find the Best LSK Exchange
    • coinswitch reviews
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $
      Coins
      361

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    • kraken exchange
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $189,010,906
      Coins
      66

      A decade of security, honesty, and transparency has given San Francisco’s Kraken an impressive reputation and helped it to become the fourth-largest cryptocurrency exchange in the business. The brokerage service offered by Kraken has more coins to buy and sell directly with cash than most of their competitors. Debit and credit card purchases are permitted with comparably low fees. Well-suited to beginners and those who want to buy and hold coins long-term.

    • 102
      Ease of use
      Average
      Time to 1st Buy
      2 hrs
      24h Volume
      $1,042,022,137
      Coins
      315

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    Go to CoinSwitch and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Lisk LiskLSK quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy LSK with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for LSK.

Frequently Asked Questions About Buying & Selling Lisk (LSK)

How do I Buy LSK with Crypto?

If you want to buy LSK with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Lisk (LSK)?

To sell LSK, simply reverse the buying process described above. You will likely need to trade your LiskLSK into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Lisk Research Center

Lisk Technical Details & Statistics

Tokenomics
  • Market Rank160
  • Market Cap493,265,357
  • Circulating Supply128,900,445
  • Total Supply144,818,773 LSK
Yesterday's Trading
  • 24 HR Volume17,306,195 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Lisk?

Lisk (LSK) is a DApp-oriented cryptocurrency network which utilizes a Delegated Proof of Stake (dPOS) method for cryptographic security. Lisk developers use their own sidechain linked to the Lisk platform in order to run their blockchain applications (DApps). Lisk’s Sidechain Development Kit is at the core of its DApp creation abilities, basically allowing developers to build their own blockchains (sidechains). Their developer-friendly tools are free to use, open source and written in JavaScript.

History of Lisk

Lisk started as a fork of Crypti by Max Kordek and Olivier Beddows, first announced to the public in January 2016. Lisk went live via ICO (Initial Coin Offering) which resulted in $6 million (>14,000 BTC) during February and March 2016. During the ICO, 100,000,000 LSK were distributed to ICO participants, core team, early supporters and others.

In May 2016, main net of Lisk became live for public and the currency was made available for public to trade on major exchanges. Lisk held the second most popular cryptocurrency position, after bitcoin, shortly after its launch. In January 2018, its market cap briefly surpassed $4 billion.

How Lisk Works

As a cryptocurrency, Lisk works almost like bitcoin or Ethereum. When a user wants to transfer funds (LSK), they generate a send command which contains the receiver’s address and the amount of Lisk to be transferred. The transaction is validated using Delegated Proof of Stake, and after confirmation, the receiver receives the amount.

As a DApp building platform, Lisk works by providing easy means for developers to create blockchain-based apps, utilizing Lisk’s blockchain platform which lies underneath. The platform also works as a DEX (Decentralized Exchange) where users can freely trade cryptocurrencies without means of a 3rd party or any central authority.

Why Lisk?

Lisk is not only a cryptocurrency like bitcoin but also a DApp development platform, much like Ethereum, and offers some unique positives.

  • DApps SDK Framework: SDK (Software Development Kit) allows developers to quickly build blockhain-based applications on the Lisk network and test it in a sandbox. With the future of DApps being extremely positive, Lisk can be considered a major stakeholder in their future.
  • Sidechain/Private Blockchains: Users and developers can utilize the Lisk network to build sidechains for themselves. There are multiple advantages of sidechains, including the possibility to conduct private transactions.
  • Blockchain Services: Lisk offers all the advantages of blockchain based services including futuristic services like Identity as a service, Decentralized hosting as a service, Smart contracts and Oracles.
  • DEX: Lisk offers a fully Decentralized Exchange where users can freely trade their digital assets (like cryptocurrencies) with each other without any middleman or a central exchange. The exchanges take place peer-to-peer and eliminates the need for transaction charges.
  • Decentralized Library: Lisk also works as a repository of all the DAPPS but in a decentralized way. Think of Google Play Store where the applications are hosted by the developers, not by Google.
  • Fast Transactions: Lisk offers fast transaction between two users, directly. This peer to peer operation takes about 10 seconds to transfer funds globally, against minimal charges. The transactions are carried out via blockchains and validated using Delegated Poor of Stake (dPOS).