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 2019. 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:
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
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.
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…
3. Huobi Pro
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 2015 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.
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 2014 and is undoubtedly one of the biggest cryptocurrency exchanges in the world and also had the highest volume for ETH in 2017 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.
Here are a few hand-picked articles you should read next: