How to Buy Lisk (LSK): A Step-by-Step Guide

Introduction

When purchasing Lisk, there are several factors to consider, including selecting an exchange to purchase it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges in the UK to assist you with the process.

Step-by-Step Guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in the United Kingdom and supports Lisk trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Binance Lisk (LSK) 0.2
Kraken Lisk (LSK) 0.2
OKX Lisk (LSK) 0.58
BingX Lisk (LSK) 0.2
Bitget Lisk (LSK) 0.2
Bitpanda Lisk (LSK) 1.22
View all 29 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Binance Lisk (LSK) 0.2
Kraken Lisk (LSK) 0.2
OKX Lisk (LSK) 0.58
BingX Lisk (LSK) 0.2
Bitget Lisk (LSK) 0.2
Bitpanda Lisk (LSK) 1.22
View all 29 prices
3. Fund Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the Lisk Market
Once your account is funded, search for Lisk (LSK) in the exchange's marketplace.
5. Choose a Transaction Amount
Enter the desired amount of Lisk you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Purchase LSK" or equivalent button.
7. Complete Purchase
Your Lisk purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your cryptocurrency in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Binance	Lisk (LSK)	0.2
Kraken	Lisk (LSK)	0.2
OKX	Lisk (LSK)	0.58
BingX	Lisk (LSK)	0.2
Bitget	Lisk (LSK)	0.2
Bitpanda	Lisk (LSK)	1.22

Platform	Coin	Price
Binance	Lisk (LSK)	0.2
Kraken	Lisk (LSK)	0.2
OKX	Lisk (LSK)	0.58
BingX	Lisk (LSK)	0.2
Bitget	Lisk (LSK)	0.2
Bitpanda	Lisk (LSK)	1.22

What to Be Aware Of

When purchasing Lisk, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your cryptocurrency to a hardware wallet. That way, no matter what happens to that exchange, your cryptocurrency is safe.

Latest Movements in the UK

Lisk (LSK) is currently priced at US$1.22 with a 24-hour trading volume of US$65.29M. In the last 24 hours, Lisk has experienced a decrease of -0.24%. The market cap of Lisk stands at US$177.19M, with 166.01M LSK in circulation. For those looking to buy or trade Lisk, Binance offers avenues to do so securely and efficiently

Market capitalisation: US$177.19M
24-hour volume: US$65.29M
Circulating supply: 166.01M LSK

See the latest information

Frequently Asked Questions About Purchasing Lisk (LSK)

What is Lisk (LSK) and what problem does it aim to solve?: Lisk is a blockchain platform that focuses on developer accessibility and ease of creating decentralized applications (dApps). It differentiates itself by using sidechains – separate, customizable blockchains linked to the main Lisk network – allowing developers to build on individual sidechains tailored to their app’s needs while relying on the Lisk main chain for security and interoperability. This design aims to lower the barriers to blockchain development, reduce on-chain load, and enable scalable, modular applications across various industries.
How does the Lisk ecosystem work, and what is a sidechain in this context?: In the Lisk ecosystem, developers create sidechains for their specific dApps or use cases. Each sidechain operates semi-independently but remains connected to the Lisk main chain, leveraging its consensus and security model. Sidechains can have different economics, features, and governance while benefiting from shared infrastructure, including the Lisk SDK, which helps developers write applications in JavaScript. This architecture aims to improve scalability and enable rapid deployment of diverse applications without congesting a single main chain.
What is the current market status of LSK (price, supply, and total supply)?: As of the latest data, Lisk (LSK) trades around 0.175 USD per token. The circulating supply is approximately 226.48 million LSK, with a maximum supply of 400 million LSK. The price can fluctuate based on market demand, liquidity, and broader crypto market conditions. Always check a reliable exchange or market data source for real-time pricing, and consider the distinction between circulating supply and max supply when evaluating market capitalization and potential inflationary impact on the token’s value.
How can I buy, store, and secure LSK safely?: To acquire LSK, you can use major cryptocurrency exchanges that list Lisk, then transfer your funds to a secure wallet. For storage, you have options including software wallets (desktop or mobile) and hardware wallets that support LSK. To maximize security, enable two-factor authentication on exchange accounts, use hardware wallets for long-term holding, and keep private keys or recovery phrases offline in a secure location. Regularly update wallet software and be cautious of phishing attempts. If you’re new, start with a small amount to learn the process before moving larger holdings.
What are the key development resources for Lisk, and how can developers get started?: Developers interested in Lisk can leverage the Lisk SDK to build JavaScript-based dApps and sidechains. The platform provides documentation, tutorials, and example projects to help beginners and seasoned developers create, test, and deploy sidechains with custom logic and governance. A typical workflow includes setting up the development environment, choosing the appropriate sidechain configuration, writing application logic in JavaScript, and using the Lisk Core for consensus and interoperability. Active community channels and official developer guides can help with troubleshooting and best practices.