Kraken

How to Buy LSK (Lisk)

Looking for crypto assets that could power new kinds of internet applications? If so, Lisk’s cryptocurrency, LSK, may be a compelling addition to your portfolio.


In fact, Lisk’s goal is to bring about this future by helping today’s developers more easily code decentralized applications (dapps). Rather than using its own programming language, Lisk allows developers to use already popular options like Javascript and Typescript instead.

Still, if you’re looking to create or use Lisk dapps, you’ll need to first buy LSK. 

Not sure if LSK is right for your portfolio? Our ‘What is Lisk?’ guide offers a more extensive breakdown of its technology and vision. 


Ready to dive in?

If you just want to start buying LSK right away, click the button below to begin.

Buy LSK

Why buy LSK?


To date, there are a variety of dapps that have been built on Lisk.

Some examples include a bicycle sharing marketplace, an app used to validate and control event attendees as well as a variety of decentralized games, including roulette and dice games. 
 

how to buy lisk lsk


You may want to consider buying LSK if you want to:

  • Create or operate decentralized applications 
  • Diversify your long-term investment strategy 
  • Execute smart contracts on the Lisk blockchain
  • Play Lisk-based games or use Lisk-based applications 

Where can I buy LSK?


There are a number of ways to buy LSK. However, many find that it is easiest to purchase it through a trusted global exchange like Kraken. 

Aside from offering the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world. This matters because if you lose the private key to your LSK, it can be challenging if not impossible to recover your funds. 

At Kraken, we take security seriously, with tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you.


How much LSK can I buy?

Looking to buy LSK on a budget? Don’t worry, Kraken offers a minimum order size of 10 LSK to help you gain exposure to a variety of assets.

Of course, you can also execute larger LSK buy orders as well. It wouldn’t be out of the ordinary for larger traders to purchase or trade 100,000 LSK or more on Kraken.
 

LSK Price

How to buy LSK on Kraken


Follow the steps below to start buying LSK on Kraken: 

  1. Sign up for a Kraken account.
    First, enter a valid email address, create a new username and set a strong password to protect your account.

  2. Verify your account. 
    After providing your name, date of birth, country of residence and phone number, you can buy LSK with cryptocurrencies like BTC and LTC. In order to use fiat currency (i.e. USD or EUR), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.

  3. Deposit fiat currency.
    You can fund your account in a number of ways. How you do so will depend upon your location and preferences.

  4. Purchase LSK!
    Once your account is funded with fiat, you’re ready to purchase LSK. At this point, you’ll also gain access to our advanced charting tools, 24-hour global client support and the ability to utilize margin trading, features that help make the Kraken experience beloved by millions of global traders.


24/7/365 Customer Support

Trading is really pretty simple! If you have any questions about buying LSK, let us know. Our support staff is online all day, every day, ready to help.

You can reach us anytime on LiveChat or by email.

buy lisk lsk

Where to keep your LSK


Once you buy LSK, you’ll need somewhere to safely store your cryptocurrency. 

Kraken is secure, but it’s always safest to store your LSK in a wallet, a software or hardware device that stores the public and private keys required to make crypto transactions.

There are many types of LSK wallets available. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage. 

When choosing a crypto wallet for your LSK, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.


Kraken is not a wallet service

It is important to note that Kraken is an exchange service and not a wallet service. So while we allow our clients to hold LSK in their accounts, we highly encourage you to separate your LSK holdings into multiple wallets. 

Start buying LSK


Ready to explore the frontier world of dapps? If so, click the button below to buy LSK on Kraken today!