Where to Invest in Crypto Lucky Block And How-to Guide
Lucky Block (LBLOCK) has become one of the most popular cryptocurrencies launched this year, offering an exciting array of ownership benefits and the opportunity to profit from the appreciation. With several notable updates scheduled in the near future, now may be the ideal time to add Lucky Block to your portfolio.
In this guide, we’ll discuss in detail how to buy Lucky Block tokens, covering everything you need to know about this exciting cryptocurrency before showing you how to invest today – in just five easy steps.
Quick Takeaways of Lucky Block
- Lucky Block is an innovative crypto gaming platform hosted on the Binance Smart Chain.
- By harnessing the power of the blockchain, Lucky Block aims to provide a fairer, more transparentprize draws – while offering each entrant a greater chance of winning.
- Lucky Block’s native token, LBLOCK, is a key component of the platform’s ecosystem and is used to purchase tickets and distribute prizes.
- Lucky Block’s team recently released ‘LBLOCK v2’, which uses the ERC-20 standard and has no transaction tax attached.
- Investors can purchase Lucky Block on the popular decentralized exchange PancakeSwap, or the token can be traded against USDT on LBANK.
A Step-by-Step Guide on How to Buy Lucky Block (LBLOCK)
As one of the best long term crypto investments, many crypto-hungry traders are looking to add LBLOCK tokens to their portfolio. But how do you actually do this?
Presented below is a detailed step-by-step guide on how to buy Lucky Block. You could also explore other cryptocurrencies such as Battle Infinity.
Step 1 – Create a Cryptocurrency Wallet
Since Lucky Block v1 is hosted on the Binance Smart Chain, you’ll need to create a crypto wallet that is compatible with this blockchain. Many wallets have this feature, but the two best options are MetaMask and Trust Wallet – both of which are free to use. You can also use this crypto wallet to purchase Lucky Block NFT.
Step 2 – Purchase Binance Coin (BNB)
Next, you will need to buy some BNB to facilitate your LBLOCK investment. You can easily purchase BNB through a reputable broker or exchange, and then you can transfer your assets to your crypto wallet.
Step 3 – Connect Your Wallet to PancakeSwap
Navigate to PancakeSwap homepage and click ‘Connect Wallet’. Select your wallet provider in the box that appears, then follow the on-screen instructions to connect to the exchange.
Step 4 – Specify the Contract Address of Lucky Block
Click ‘Swap’ and then click on the bottom token in the order box. Enter Lucky Block’s contract address (0x2cD96e8C3FF6b5E01169F6E3b61D28204E7810Bb) in the pop-up menu that appears to set up the BNB to LBLOCK transfer.
Step 5 – Purchase Lucky Block Coin
All that remains to be done is to enter the number of BNB you want to exchange for LBLOCK at the top of the order box. Once you are satisfied with everything, you can confirm the exchange. You may need to manually transfer the new LBLOCK tokens to your crypto wallet, although this can be easily done by importing them using the contract address above.
Why Should I Invest in Lucky Block?
Similar to when you purchase BTC, there are many reasons to consider investing in Lucky Block coin. Here are five key benefits of owning LBLOCK this year:
Upcoming Listings of Crypto Exchange
The substantial price increases noted in the weeks following LBLOCK’s listing on PancakeSwap have paved the way for more exciting exchange listings in the future. Lucky Block’s dev team have set their sights on applying for listings on some of the best crypto exchanges, including Binance, Crypto.com, and FTX.
Listings like these have already begun, as LBLOCK v2 was listed on LBank on July 25th. But LBank has also listed HODL coin. In addition, LBLOCK will also be available through MEXC from August 1st – with 5-6 more CEX listings planned for the months ahead.
Exciting Plans for the Future
Another reason to buy Lucky Block coin is the development team’s excellent roadmap and the token’s strong presence as one of the best staking coins. The roadmap is presented on the Lucky Block website and details numerous intriguing plans, including launching Lucky Block merchandise and hosting huge fundraising events. There are also plans for metaverse incorporation in the future.
Lucky Block’s tokens are structured so that a portion of them are ‘burned’ regularly. As there will be a 12% transaction fee when an LBLOCK holder sells their tokens, a total of 1% of the fee amount will be burned and removed from existence. Ultimately, this reduces the total supply of LBLOCK over time, making the remaining tokens scarcer. According to the laws of supply and demand, this will inevitably push the Lucky Block price higher (assuming demand remains the same or increases).
Mostly Importantly, Passive Earning Potentials
LBLOCK holders who store their tokens in a crypto wallet connected to the Lucky Block app will receive regular payments. Interestingly, the size of these payments is directly correlated with the number of lotto entrants. This means that, as the Lucky Block platform expands, LBLOCK holders will receive a greater amount of passive income. Furthermore, a recent press release from Lucky Block estimated that holders could receive a yield of around 19.2% p.a. on their tokens – far higher than traditional savings accounts.
Closing Thoughts: How to Buy Lucky Block
In summary, this guide has discussed in detail how to buy Lucky Block, covering everything you need to know about the token and the investment process. The extraordinary success of Lucky Block so far, combined with the compelling roadmap of the development team, means that Lucky Block undoubtedly has an exciting future.
If you are looking for where to buy Lucky Block today, then you can do so through LBank. Investors can trade the new LBLOCK/USDT pair without transaction taxes, thus gaining exposure to Lucky Block’s price action quickly and cost effectively.