Lisk (LSK) Cryptocurrency Review – Where to Buy

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How To Buy LISK Cryptocurrency at Cheapest Price

CoinSutra » Cryptocurrency » How To Buy LISK Cryptocurrency at Cheapest Price

Every now and then I keep hearing how a lot of people keep losing money in cryptos but I have a different take on it.

There are hundreds of opportunities in crypto, if not thousands, through which you can make money. Even if your pick doesn’t go well initially, chances are you won’t lose your money in other picks and recover from previous losses too.

Take a look at the snapshot that I took in the first week of July 2020. Look at the top 5 cryptos on the CoinMarketCap and now compare these stats with the present price scenario of these cryptos.

Needless to say, they have grown manifolds and all of them are in the top 10 now.

So you see there is no chance that you will lose if you are HODLing good coins and avoid massive scalping & day trading techniques.

I see similar potential in crypto that started modestly and is now in the top 50 coins of CoinMarketCap. The coin’s name is LISK (aka LSK).

I know some of you might say that it has already increased manifolds but I believe it will increase manifolds again the next year or so.

Now the million-dollar question is – where to get hold of Lisk tokens? And that’s the reason I am here – to list some of the best websites to buy Lisk.

Note: This list has been made keeping in mind that some new users might also want to buy LSK so I have listed some easy to use and navigate exchanges first and then the ones that are not that user-friendly.

How To Buy Lisk Cryptocurrency?

In the next section, you will find more websites which sell or trade Lisk.

Here is how you can buy Lisk:

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Step 1: Sign up for exchange

Head over to Binance and create an account. You can buy Lisk with other cryptocurrencies such as BTC, ETH or any other. After completing the sign up, login to Binance dashboard.

Step 2: Add funds to your accunt

Under the wallet section, you will find your wallet address for BTC and ETH. Now, Deposit BTC or ETH If you have purchased BTC or ETH, read my guide on:

Step 3: Buy Lisk

In this step, you will be converting Bitcoin into Lisk. Click on Exchange and pick the BTC/LTC market. Here you can buy Lisk Instantly using Bitcoin.

There is another way to Buy Lisk and that is Changelly. The reason I use Binance for buying Lisk is that it’s the cheapest. Changelly, on the other hand, charges a small fees which is not much but as I always say, money saved is money earned. With a little bit of learning, you would be saving a lot here in Lisk purchase

Here are some of the best websites that you can use to Buy Lisk in other countries.

5 Best Websites To Buy LISK

Binance is a rapidly growing exchange both in terms of users and coin adoption. A few days ago, they started supporting LSK for trading too.

Despite being based out of China, it does not serve its native country but is open to a long list of countries around the world.

Since its ICO till today, it has grown by leaps and bounds and is now placed in the top 10 cryptocurrency exchanges in the world.

Today it has more than 140 altcoins (including LSK) listed on it that are only increasing as the days are passing. They also have an easy to navigate UI along with a mobile interface for traders who would like to trade on the go.

Another thing that I like about them is the fact that they are the cheapest exchange to buy/sell cryptos with only 0.1% trade fee in which also you can get a 50% off if you pay their trading fee in Binance tokens (aka BNB).

To get started with Binance, you need to register using your email ID and the process is quite simple & fast. Moreover, you get 1 QTUM coin as a kind gesture for registration which is limited to 10,000 QTUM coins on first come basis.

  • Supported Lisk Pair: LSK/BTC, LSK/ETH, LSK/BNB

Changelly is one of the easiest websites to use for exchanging or buying many cryptocurrencies.

They currently support more than 40 cryptos, including Lisk, and charge a standard fee of 0.5% for providing the exchange service.

One of the best things about Changelly is that you don’t need to go through any complicated verification or registration process. Simply log in with your email ID (or any email ID) and start exchanging!

To start with Changelly, you will require the following things to buy LSK:

  • Your Lisk address where you would like to get your LSK tokens.
  • Some bitcoins/altcoins to exchange for LSK.

Head toward CoinSutra’s Cryptocurrency Exchange – Changelly and follow the steps given in this guide.

Note: Though this guide shows how to buy Ripple in exchange for BTC, the process is exactly the same for Lisk.

Currently, it supports more than 40 cryptocurrencies along with fiat pairs such as USD/EUR etc. If you want to know more, check out Harsh’s review on Changelly.

When you use Changelly to exchange cryptocurrency, Changelly bots connect in real time to some of the best and busiest cryptocurrency exchanges in the market to get you the best price.

  • Supported Lisk Pair: LSK/BTC, LSK/ETH, LSK/LTC and 30 more…

Another impressive centralized exchange that allows you to buy LSK is Huobi and is currently in top 5 exchanges for LSK in terms of providing liquidity for LSK/BTC pair.

Huobi started off in 2020 and most people used to think that it is a scam website but according to our review & analysis, it is not.

It has a colorful and easy to navigate UI which appeals to its users.

  • Supported Lisk Pair: LSK/BTC, LSK/ETH

You can get started with YoBit with a simple email registration and can enjoy its two-factor authentication and a login verification email security feature for enhanced security.

They also have mobile apps for both Android and iOS for users who want to trade cryptos on the go.

Their registration process is also pretty simple and straightforward, so go ahead and do the needful. Oh, and just so you know, the exchange fee is also pretty low. Have fun.

This is one is my personal favorite exchange or website to buy/sell cryptocurrencies and has a pretty sleek UI to navigate. They also have been supporting buy/sell of Lisk cryptocurrency for quite a while now.

Moreover, they are based out of the US and are well-regulated as well as compliant with all of the current US rules. They also have over 190 currencies listed on it.

It handles one of the largest BTC trading volumes out of all the exchanges in the world and charges a standard 0.25 to buyers/sellers who want to trade on their platform.

To get started with Bittrex, you need to register and log in through your email ID, but to withdraw funds, you need to do a KYC by submitting your ID documents and phone number, as well as enable two-factor authentication for higher limits.

But one good thing about Bittrex is the fact that the account verification happens very quick.

They provide access to advanced trading tools like candlestick charts and crosshairs, but the user interface is quite clean and intuitive, so newbies should have no problems. But the one thing missing is a mobile app to trade on the go which I am sure will be implemented in the near future.

You can visit Bittrex and open a Bittrex account by following this official step by step guide here.

  • Supported Lisk Pair: LSK/BTC

Poloniex is one of the busiest exchanges to trade cryptocurrencies and they also have been supporting Lisk trading for some time now.

Founded by Tristan D’Agosta, Poloniex has been operational since January 2020 and is undoubtedly one of the biggest cryptocurrency exchanges in the world and also had the highest volume for ETH in 2020 because it supported an independent Ethereum market as well as a BTC market very early.

It is based out of the United States and offers over 100 cryptocurrencies to its users to trade and also provides the deposit of USDT (Tether dollars) and have a USDT independent market.

It also has zoomable candlestick charts for 5-minutes, 15-minutes, 30-minutes, 2-hours, 4-hours, and 1-day, along with a stop-limit feature for advanced cryptocurrency traders.

Poloniex charges a fee of 0.15% to 0.25% on all trades depending upon whether you are a maker or a taker.

If you are looking to trade a variety of altcoins, you should give Poloniex a shot.

To get started with Poloniex, follow this official guide.

Remember: As soon as you sign up for Poloniex using your email, make sure you enable two-factor authentication!

  • Supported Lisk Pair: LSK/BTC, LSK/ETH

The Best Lisk Exchanges

With time Lisk will keep growing, also given its solid roadmap and its rebranding plans, it will get listed on more exchanges in the near future. And whenever that happens, CoinSutra will update this post but for now, you can consider joining our Telegram channel to stay updated with all the latest info.

And last but not least, a word of caution:

  • Don’t use these exchanges as a wallet to HODL your Lisk cryptocurrency and pick a suitable LSK wallet from the below-suggested article.

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After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.

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12 Exchanges to Buy LSK

Below we alphabetically list 12 major exchanges that offer the possibility to buy LSK. For each exchange, we added general information that has been retrieved from their website and various crypto news outlets. Information about the trade volume, number of coins and number of trading pairs were compiled from CoinGecko.com on the 21st of January 2020.

Binance, established in 2020, is a centralized cryptocurrency exchange from China and is now located in Malta. It is one of the biggest and most popular exchanges in the industry and usually has a 24-hour trading volume of around Ƀ100,000 from 184 coins and 600 trading pairs. The most active trading pair on Binance is BTC/USDT. Binance allows fiat transactions in over 20 currencies including EUR, GBP and USD.

Despite a hacking incident in May 2020 in which around 7000 BTC were stolen, Binance can be considered a safe option. In 2020, Binance launched Binance DEX which is a decentralized digital asset exchange and Binance.us for US traders with more than 20 coins.

Available Lisk trading pairs: LSK/BTC, LSK/ETH, LSK/BNB
https://www.binance.com/en

BitBay, established in 2020, is a centralized cryptocurrency exchange located in Estonia. It usually has a 24-hour trading volume of around Ƀ2,000 from 6 coins and 21 trading pairs. The most active trading pair on BitBay is BTC/PLN. BitBay allows fiat transactions in EUR, PLN and USD.

Pinewood Estonia OÜ, the operator of BitBay, has obtained two licenses legitimizing it to operate the cryptocurrency exchange in Estonia.

Available Lisk trading pairs: LSK/BTC, LSK/EUR, LSK/PLN, LSK/USD
https://bitbay.net/en/

Bitflyer, established in 2020, is a centralized cryptocurrency exchange from Japan. It usually has a 24-hour trading volume of around Ƀ5,000 from 6 coins and 6 trading pairs. The most active trading pair on Bitflyer is BTC/JPY. Bitflyer allows fiat transactions in JPY.

The exchange is regulated by both the Japanese Financial Services Agency (JFSA) and the New York Department of Financial Services (NYDFS). These regulations make Bitflyer one of the most trusted cryptocurrency exchanges and allow them to operate within the United States.

Available Lisk trading pairs: LSK/EUR, LSK/JPY, LSK/USD
https://bitflyer.com/en-jp/

Bitpanda, established in 2020, is a centralized cryptocurrency exchange from Austria. It usually has a 24-hour trading volume of around Ƀ200 from 6 coins and 13 trading pairs. The most active trading pair on Bitpanda is BTC/EUR. Bitpanda allows fiat transactions in CHF, EUR, GBP, and USD.

Bitpanda is a leading retail exchange in Europe for cryptocurrency transactions involving buying and selling. It also includes a full wallet integration.

Available Lisk trading pairs: LSK/CHF, LSK/EUR, LSK/GBP, LSK/USD
https://www.bitpanda.com/en

Bittrex, established in 2020, is a centralized cryptocurrency exchange from the United States. It usually has a 24-hour trading volume of around Ƀ2,000 from 227 coins and 340 market pairs. The most active trading pair on Bittrex is BTC/USD. Bittrex allows fiat transactions in USD.

In 2020, Bittrex’s request for a virtual currency license was denied by New York financial regulators. US customers have fewer coins and tokens available to trade with.

Coincheck, established in 2020, is a centralized cryptocurrency exchange from Japan. It usually has a 24-hour trading volume of around Ƀ2,000 from 11 coins and 11 market pairs. The most active trading pair on Coincheck is BTC/JPY. Coincheck allows fiat transactions in JPY.

Coincheck offers the world’s first Lisk staking service which is also the first staking service in Japan. It was hacked in 2020 and around 500 million NEM tokens were stolen. Monex Group acquired it in 2020 and has improved its security significantly since then. It’s a member of several cryptocurrency and blockchain associations. Coincheck is licensed and registered with the Kanto Financial Bureau under the Japanese Payment Service Act.

Available Lisk trading pairs: LSK/JPY
https://coincheck.com/

Huobi Global, established in 2020 in China, is a centralized cryptocurrency exchange. It is part of the Huobi Group which has trading offices and operational centers in Singapore, Japan, Hong Kong and South Korea. Huobi Global is currently headquartered in Singapore and the biggest and most popular one. It usually has a 24-hour trading volume of around Ƀ10,000 from 227 coins and 556 trading pairs. The most active trading pair on Huobi Global is BTC/USDT and it does not support fiat transactions.

In December 2020, their former US branch HBUS ceased operations after consistently low trading volume. Huobi plans on opening fiat gateways in Argentina and Turkey.

Kraken, established in 2020, is a centralized cryptocurrency exchange from the United States. It usually has a 24-hour trading volume of around Ƀ20,000 from 31 coins and 127 trading pairs. The most active trading pair on Kraken is BTC/USD. Kraken supports fiat transactions in CAD, EUR, JPY, and USD. Additionally, it is one of the oldest and largest bitcoin exchanges in the world and has several other offices outside the US.

Kraken is registered with FinCEN in the US as a Money Services Business (MSB). In April 2020, Kraken became one of the first bitcoin exchanges to be listed on the Bloomberg Terminal.

Available Lisk trading pairs: LSK/BTC, LSK/ETH, LSK/EUR, LSK/USD
https://www.kraken.com/

KuCoin, founded in 2020, is a centralized cryptocurrency exchange located in Singapore. It usually has a 24-hour trading volume of around Ƀ8,000 from 208 coins and 444 trading pairs. The most active trading pair on KuCoin is BTC/USDT. KuCoin does not support fiat transactions but offers services such as spot trading, margin trading, staking and many more.

KuCoin has its own coin, called Kucoin Shares (KCS), which decreases the trading fees of its holders. In 2020, Kucoin raised around $20 million in a Series A funding backed by IDG Capital, Matrix Partners and Neo Global Capital and organized partnerships to bring cryptocurrencies to the masses.

Available Lisk trading pairs: LSK/BTC, LSK/ETH
https://www.kucoin.com/

OKEx, established in 2020, is a centralized cryptocurrency exchange from China and belongs to OKcoin. OKEx has two branches: OKEx and OKEx Korea. OKEx usually has a 24-hour trading volume of around Ƀ8,000 from 152 coins and 377 trading pairs. The most active trading pair is BTC/USDT. OKEx does not support fiat transactions but provides digital asset-based futures with multiple leverage choices. Additional products include a wallet, vault and a blockchain explorer.

Poloniex, established in 2020, is a centralized cryptocurrency exchange located in the United States. It usually has a 24-hour trading volume of around Ƀ10,000 from 44 coins and 91 trading pairs. The most active trading pair on Poloniex is BTC/USDT. Poloniex does not allow fiat transactions.

In 2020, Poloniex was hacked and about 97 BTC were stolen. Four years later, Poloniex was acquired by Circle, a Goldman Sachs backed peer-to-peer payments technology company. Poloniex holds a full Digital Assets Business Act license in Bermuda.

Available Lisk trading pairs: LSK/BTC, LSK/USDT (LSK is disabled for US traders)
https://poloniex.com/

Lastly, Upbit was established in 2020 and is a centralized cryptocurrency exchange from South Korea. It has three branches: Upbit Global, Upbit Indonesia and Upbit Korea. Upbit Korea is the largest branch and usually has a 24-hour trading volume of around Ƀ20,000 from 186 coins and 271 trading pairs. The most active trading pair on Upbit is BTC/KRW. It supports fiat transactions into KRW.

It was founded by Song Chi-Hyung, one of South Korea’s richest men and Chairman of Dunamu. The exchange is South Korea’s largest cryptocurrency exchange by volume and is partnered with the US-based exchange Bittrex. South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure.

Disclaimer: LSK tokens are utility tokens used to perform various actions on the Lisk blockchain. The above references are for information purposes only and they are not intended to be investment advice.

Information was compiled from third party websites and might be inaccurate and subject to change. The links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by the Lisk Foundation of any of the products, services or opinions of the corporation or organization or individual. The Lisk Foundation bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. Please contact the external site for answers to questions regarding its content.

Lisk (LSK)

Lisk (LSK) Review – Crypto Coin Judge

From the past few years, Cryptocurrencies has been gaining more and more grounds as compared to fiat currency market. Although, the world biggies have been seen speaking against it, but fact is undeniable that Cryptocurrency is emerging to dominate the market.

Much has been talked and heard of Bitcoin (the largely accepted Crypto coin), but there is one less-known, yet fast enlarging Cryptocurrency – Lisk. The market specialists say, there is something different and unique about it. Why not find out then?

Lisk Analysis

– What is Lisk all about?

Blockchain technology is taking an edge over everything that has ruled the IT market so far. It is a new era, changing the outlook of people for good. Lisk, an online platform, is committed to enabling developers to create Blockchain Applications with their individual Sidechains. Lisk is an open source platform. Being forked from ‘Crypti,’ it was launched in early 2020, by Olivier Beddows and Max Kordek. It has been built using Nodes, thereby it is the fastest suite, data streaming enabled, easily available, real-time features, a perfect solution for all types of database queries, easy on coding and NPM (Node Package Manager) dynamic.

To join Lisk, all you are supposed to do is create an account with it and download its wallet. As other blockchains, The platform has coined its own in-platform Cryptocurrency, named LSK, for all sorts of transactions within the platform. Despite the market being saturated, Lisk has been enjoying quite a steady and satisfactory market capitalization. As of December 18 th , 2020, Lisk is priced at $14.64.

Do you know why LSK is often weighed against Ethereum? It is because the both are based on Blockchain, Smart Contracts technology that enable developers to develop and design DApps as per their respective areas.

This is how LISK works –

The key objective of it is to simplify the process for developers while they create good and effective decentralized applications. Thereby, followings are the steps –

  • Coding: JavaScript is the only and prime ground on which Lisk creates decentralized Blockchain applications in order to make the most of its influential APIs. The platform allows each App run on its own, respective sidechain, which further ensures that the platform is secure and scalable.
  • Deployment: Unlike many other Blockchain platforms, Lisk is enabled with multiple storage options for Blockchain applications. Creators are allowed to use .zip for code deployment for services such as Web server and Github. As soon as the code is deployed, the platform gets available for the developer to register applications by giving out some details such as tags, descriptions, download link and name only.
  • Finally, use: The minute applications are good to be launched, it starts functioning as decentralized authority for that particular application. With help of their extensive user-base, Lisk allows its developers or end users to discover third party nodes and then implement future Blockchain applications via servers worldwide in a genuine decentralized manner. Do not fret over as the application will be secured by decentralized code computation worldwide.

The platform has been designed on DPoS (Delegated proof of work) algos, initially crafted by BitShares. You can as well call it a different level of PoS Blockchain to rank in Top 101 delegates as it forges and secures network actively and continually.

Here is how you can use Lisk conveniently and efficiently –

As already told, it is an open source, direct Blockchain platform with simple six joining steps mentioned below:

#Step 1

Get an account created: Once you are done filling-in your personal credentials, you will receive a password. Then, you have to download Lisk wallet to finally launch the application.

#Step 2

Time to avail LSK Tokens: Its ecosystem is powered by LSK tokens. All the activities on this network are powered by LSK, considered a rising Altcoin. World’s all major Cryptocurrency exchanges provide LSK. For example, Bittrex and Poloniex – they both have enlisted this Altcoin.

#Step 3

Custom your account: One you register yourself on Lisk, you are allowed to custom-add features to your account. For example, users can add two-factor-authentication in order to protect access to the account.

#Step 4

Make the most of tools available: Lisk is featured with most amazing tools for users to maximize their profits. Go to Blockchain Explorer to find the tools.

#Step 5

Get set go: Know that this Blockchain-enabled platform is concentrated around Community Growth and Experience. This is the only Blockchain platform where users not only just keep in line with the network, but also be engaged in the growth and virtue of the network. Getting together with the community, users actually do contribute to Lisk’s rise and expansion.

#Step 6

Start the development: Using the platform would be more viable if you have expertise in Javascript. You can actually start developing decentralized applications right after launching Lisk on your system. It has an amazing compilation of APIs, which further help the developers with adequate documentation. Little do you know that their developers are as well available for other open source platforms such as Docker and Linux. It schedules regular meetings where developer gets to discuss their project and issues and also interact with the experienced for quick and efficient solutions.

What is Lisk’s new innovation?

By creating a framework in the most used and popular Javascript, the team of Lisk has evidently planned to be open for more and more developers as they want innovative applications to be built on Blockchain technology. In the past few years, numbers of organizations, companies and insitutions have actually shown interest in adopting and integrating blokchain technology into their system, but finding a suitable resource and reasonable costing has truly been a challenge. With the launch of this platform onto the market, developers get a readymade infrastructure. Today, instead of writing Blockchain codes themselves, developers are getting to custom-develop, market-specific application that will then work on Lisk’s main Blockchain Network.

If you are thinking, this platform is what it is now, you are wrong. There are many more plans in the pipeline and to your surprise, they are considering to be more user-friendly in its approach to the mass. In the month of May, 2020, Lisk went Live with its very individual cryptocoin named LSK to support crowdfunding for their on-going projects. In addition to this, LSK is also being used as transactions and fees within its ecosystem.

What problem Lisk is solving and how?

  • Lisk claims to be a ‘modular’ cyprocoin – It has been branding itself as the first modular Cryptocoin using sidechains. This means more efficient and successful ICOs.
  • Lisk already enjoys development and compatibility with DApp sidechain – The network brands itself as the most potential Blockchain network because of its modular cryptocoin.
  • Proof of Stake, delegated – Contrasting with Proof of Work (PoW) models, the programmers are enabled to implement any new model for Cryptocurrency generation, which is to sustain here as well as ecological and autonomous.

How is Lisk different and better than other solutions, i.e. Bitcoin and Ethereum?

Quite similar to many other cryptos such as MaidSafeCoin, MonaCoin, NEM, OmiseGo, BitShares, Cardano, the network is although associated with Cryptocurrency, but primarily it is DApp development platform. To participate, programmer uses LSK token to make all sorts of transactions within its platform and also pay fees with LSK. It has a much boarder and efficient framkework to support better DApps development. On the other hand, Bitcoin has been formed as a stand-alone virtual currency, which is used and accessible worldwide.

How stronger Lisk stands against Ethereum?

Just as Ethereum, Lisk is as well a platform to develop DApps. As opposed to Ethereum, this Altcoin does not require many programmers to learn the strength of its programming language, but it is completely grounded on Javascript which is pretty much populat and is being used by the most.

What is sidechain in LISK?

Most Blockchain application developments are concentrated around single Blockchain or it calls for a customized, private Blockchain network. DApps programmed with this network can be used on their individual sidechain, which is a flexible substitute integrated with Lisk’s main Blockchain infrastructure. The best part of developing applications on your own sidechain is that developers enjoy full control over the coding and deployment.

How LISK is mined?

LSK is mined with Eobot. Eobot, as most of us have no idea about, is the simplest, affordable and most efficient means to mine LSK. Did you know you can actually hash LSK with cloud mining as well? Other than this, programmer can also utilize GPU or CPU for Scrypt or SHA-256, a computer or as many computers to get instant mining results.

How to get Lisk wallet?

Finding your way to Lisk.io, which brands itself one of the most propitious Blockchain application platforms, you are just a few steps away from becoming its authorized member. Unlike other Blockchain networks, Lisk being an open source platform, has made registration and wallet setup really easy for its prospects. Below are two steps by following which you can quickly setup LSK wallet –

Step 1 – Create an account on Lisk

On starting into LSK, you find the LSK Nano Sign-in page. If you are new to the platform, there is a radio button ‘New account’ Login at the right bottom of the page. Click to create a new account. In the process, all you will be asked to input are your personal details including contact address and number. Once you are done, you will be given a passphrase aka password that you are supposed to use everytime, you attempt to Sign-in to LSK.

Step 2 – Download the LSK Nano wallet

Once you are done authorizing yourself on LSK, you are given direct access to download LSK Nano Wallet to then run it successfully. You might again need to sign-in yourself with LSK Nano Wallet to avail a new address, Peet Network and see balance. In case, you already

hold some of LSK to your Bittrex account, start moving them all to your new address. If everything goes well, mean now you have your LSK secured in local LSK wallet.

How can you buy LSK?

Step 1 – Visit the LSK official website and download LSK Nano Wallet.

Step 2 – Now, the installation file needs to be run.

Step 3 – Click to open the LSK Nano wallet locally and click to create a new account.

Step 4 – Well, this part is a bit fun. Once your credential are verified, create a passphrase just by moving your mouse around. On doing it successfully, a 12 digit passphrase will be generated. Copy this to your primary email or anywhere else safe and secure because you can’t lose it anyway.

Step 5 – Now you will be prompted with log-in page. Log-in to open your wallet.

Step 6 – Once you log-in, you will be given an address, Peer Network and show the balance as well.

Step 7 – Now, the situation varies based on your financial possession. If you already hold Bitcoin, you can exchange it with LSK, or else first you have to buy Bitcoin to then exchange it with LSK. To buy bitcoin, you have to go through renowned and reliable Bitcoin Exchange, such as Coinbase or CEX.IO.

LISK Vs Bitcoin: Difference that many were unaware of

While Bitcoin is just a currency, Lisk serves as the both – a Blockchain-enabled platform as well as a currency, abbreviated as follows – LSK. Undoubtedly, Bitcoin is leading the league of Cryptocurrencies, but Lisk makes a smart investment choice when it comes to small-scale enterprise solutions and proving effective as well. Lisk is incentivizing user behavior in a great way.

LSK and how well has it managed to be on the News from the past few days –

NEWS 1. MARKET SAGES SAY, LSK TO HIT A NEW HIKE IN NEAR FUTURE –

Despite the Cryptocurrency pool being already saturated or LSK being almost a new coin in the industry, this coin is succeeding at widening its acceptance worldwide. Its development team is having quite a positive and bright notion about the coin in 2020. Being built in Javascript, LSK has language choice for individual construction App. Well, to add one more to its many advantages, LSK is setup on sidechains, which sets it apart from all other leading Cryptocurrencies and for it is different to Public Ledger, blockchain. LSK is run in modules that eradicates the chances of bloating unlike other virtual coins.

NEWS 2. LISK LOSES QUITE OF ITS LUSTER, BUT THE FUTURE STILL LIGHTS BRIGHT –

Being launched and circulated in 2020, the coin has quietly experienced a bitcoin-like surge. It’s no more than 1.5 years, however the coin is facing frequent fluctuations in its value and the credit goes to its marketing department. Looking at the record from past few weeks, LSK has reportedly lost quite its Lusters as the original Blockchain value hiked above $11, 000 for the first time, but just as Bitcoin faces quick surge immediately after a fall, the development team ensures the same with LSK as well, for it being a moduler Cryptocurrency based on sidechains.

Price prediction of LSK for 2020

There has been much speculations over ‘should you really invest in LSK by the coming year or not?’ LSK proves to be a brilliant long-term investment-vehicle. Typically, LSK predictions are updated in every quarter of the year, backed by technical analysis and market . According to Walletinvestor.com, investing in LSK will prove better with good, infact higher return. Priced at $14.64 as of 18/12/2020, LSK gives the adopters a bigger and cent percent positive opportunity to expect long-term surge. Put simply, if you are considering investing in an Altcoin, LSK does make a smart choice.

Note* Crypto values are dynamic. Google for updates!

A quick insight into Lisk and its profit potentials

Branding itself as the “first modular Cryptocurrency that uses sidechains,” LSK is concentrated around involving ‘modules,’ which act as the infrastructure for its building and designs. LSK’s overall design is what is considered as ‘Trump Card,’ allowing programmers to utilize the ‘design block’ while developing their individual DApps (Decentralized Applications). For it being coded in Javascript, users get choice of language for application to develop. And, as Javascript is a popular programming language, the applicability value is always thought to be higher.

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