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COINTURK NEWS > Altcoin News > How to Buy Illuvium Coin?
Altcoin News

How to Buy Illuvium Coin?

In Brief

  • Illuvium Coin (ILV) is the native cryptocurrency of the Illuvium gaming platform. ILV is used for in-game rewards and governance rights.

COINTURK NEWS
COINTURK NEWS 10 months ago
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Illuvium Coin (ILV) is the native cryptocurrency of the Illuvium gaming platform. ILV is used for in-game rewards and governance rights.

Contents
What is Illuvium (ILV)?Where to Buy ILV Coin?

What is Illuvium (ILV)?

Illuvium (ILV) is an open-world battle game built on the Ethereum network. Marketed as the first AAA game on the Ethereum blockchain, Illuvium aims to provide entertainment for DeFi enthusiasts through various collection and trading features.

In the world of Illuvium, there are creatures known as Illuvials that restore the health of players. These creatures can be captured by players and become a loyal part of their collection. The game is a fusion between an open-world exploration game and a PVP battle game. Illuvium has been in development since 2020 and is built by a team of over 40 people worldwide, including co-founders.

ILV Coin has several use cases within the Illuvium ecosystem. ILV is the native cryptocurrency used to reward players for their in-game achievements. It grants players certain rights in the Illuvium Vault and offers them a chance to participate in the game’s governance through the DAO.

Although Illuvium has blockchain-based elements, it resembles a video game. It is accessed through a downloadable desktop application but also has a range of supporting DeFi applications, including farming and DEX.

Where to Buy ILV Coin?

Illuvium Coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. ILV Coin is traded on Binance in pairs such as ILV/BTC, ILV/BNB, ILV/USDT, and ILV/BUSD.

To purchase ILV Coin, you must first register with the Binance exchange. Once the registration is complete, you need to transfer cryptocurrency or fiat currency to your Binance wallet. After completing the transfer, you can purchase ILV Coin from any of the four pairs mentioned above. To buy from the ILV/USDT trading pair, you should first navigate to the pair’s interface. In the limit section of the ILV/USDT interface, enter the desired amount to purchase. After specifying the amount, complete the purchase by clicking the Buy ILV button.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 30 August, 2024 - 9:00 pm 30 August, 2024 - 9:00 pm
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