Where to buy ETH to participate in LUKSO’s reversible ICO

Similar to the wallet experience, buying ETH and other cryptocurrencies isn’t always as easy and straight forward as we would like it to be.
This tutorial will give you a few recommendations where and how to buy Ether to participate in the reversible ICO💰

We will outline 3 exchanges to buy Ethereum from that address different needs and jurisdictions.
Disclaimer: LUKSO is in no shape or form endorsing these products/companies, this is a list of exchanges that we personally find adequate to acquire small amounts of cryptocurrency.

IMPORTANT: Do not send ETH to the rICO contract from your Exchange wallet!

LiteBit — fast and easy

Litebit is a cryptocurrency exchange based in the Netherlands.
It offers popular European methods for payments such as iDeal, Bancontact, Sofort, Giropay, SEPA, and MyBank.

• 350 Euro/Day limit with phone verification
• Approx. 1.8% Credit card onboarding fee
• 2% fees for Transactions
• Wide range of supported countries

Litebit offers one of the fastest ways to get your hands on some ETH.
Your phone verification should take a couple of minutes to complete and after that, you can instantly buy ETH with a credit card.
We do not recommend making use of a credit card for larger transactions, as it will cost you a fee of 3.8%, but if you are looking for a fast and easy way to contribute small sums of money to the rICO we recommend LiteBit.
Besides credit card onboarding, LiteBit offers a wide range of payments with competitive fees

Coinbase — easy to use

Coinbase is one of the most established exchanges for onboarding into the crypto-world. In comparison to other exchanges, it shines with an easy user experience.

• Coinbase fees range from 1.49% to 3.99%, depending on the payment method and location.
• Paying via Bank transfer requires verification of your bank account, this can take a couple of days.
• KYC is required for all sizes of transactions (Photo ID).

If you’re not in a hurry and value an easy, straight forward user experience you should consider Coinbase.

Binance Jersey — Cheap

Binance is the dominant Exchange in the crypto at the moment. It lists a wide range of cryptocurrencies and offers different investment products.
The Exchange is based in Malta and caters to experienced users. Binance Jersey is a subproduct of Binance and a separate exchange to the main Binance markets.

• Fees of 0.1% and free deposits make it the cheapest exchange on this list!
• Only a limited range of countries are supported, you can find the full list here
• The KYC-process for Europeans is very extensive: Photo ID, photo of you holding up your ID, utility bills, etc.

If you are looking for the cheapest way possible to buy ETH, Binance Jersey seams like a reasonable choice.

Do you have questions or need help?

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