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Ramp Network Integrates with LUKSO Network: Access LYX Token
We're thrilled to announce that Ramp Network supports the purchase of LYX, the utility token at the heart of the LUKSO ecosystem. This development represents a further expansion of our crypto assets coverage, providing users direct access to this innovative blockchain network.
Nick Marchenko
Product Marketing Manager
08.08.2024
3 min read
About LUKSO and LYX token
LUKSO is the first blockchain designed for social, cultural, and creative use cases, establishing itself as an innovative layer-1 EVM platform with Universal Profiles at its core and a suite of advanced smart contract standards.
Universal Profiles (UPs) are smart contract-based, interoperable identities that are designed to streamline and humanize blockchain interactions. This simplifies Web3 onboarding for users, brands, and creators, enhancing accessibility, security, and functionality, making LUKSO ideal for mainstream users to connect and creatives seeking meaningful audience engagement.
LUKSO’s Universal Profile Browser Extension
LUKSO Standards Proposals (LSPs) are fundamental to the ecosystem, enhancing functionality and user-friendliness in blockchain applications. These smart contract standards are flexible, fostering new use cases and simplifying both development and user experience. They support the creation of sophisticated, intuitive dApps that elevate user interactions with blockchain technology.
Ramp's role and innovations
By integrating LYX, we are not only diversifying our cryptocurrency offerings but also aligning with a future-forward blockchain that supports expansive digital interactions. Users from over 150 countries and 37 US states can now purchase LYX using various payment methods such as credit/debit cards, bank transfers, and more, with the option to pay in over 40 local currencies. We always encourage our customers to do their own research to make sure they understand the risks involved when investing in cryptocurrencies such as LYX. More information can be found in the LUKSO whitepaper, available here.
This integration positions Ramp as one of the first major on-ramps to support LYX and reflects our commitment to broadening access to innovative cryptocurrencies and decentralized finance (DeFi). Our platform simplifies entering the LUKSO ecosystem, making it more accessible for users around the world to engage with this unique blockchain environment.
Stay tuned for our continuous updates and enhancements to the crypto experience for our global user base.
How to get LYX on Universal Profiles via Ramp Network
Next, select 'Create a Profile' to add the Universal Profile Browser Extension to your device and follow the prompts to set up your profile
Step 3: Buy LYX via Ramp Network
Next, go to the Universal Profile Wallet and click the “Buy LYX” button to complete your transaction via Ramp Network.
LYX will be deposited in your Universal Profile soon after payment confirmation.
Connect with us
Building on LUKSO? We're excited to explore potential partnerships and collaborative opportunities within this vibrant ecosystem. Reach out to discuss how we can work together to shape the future of web3 social.
"For people newer to the space, it’s not feasible for them to be using multiple wallets and bridging from Ethereum to zkSync and then to their Argent wallet. Easy on-ramp plays a key part in onboarding the next million people to crypto."