Last update: Jun 6, 2022

How to Buy Illuvium (ILV)

So you’re looking for a guide on how to buy Illuvium. Depending on where you live, you’ll have various crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

How to Buy Illuvium – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Illuvium of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency exchanges.

4. Buy Illuvium

Now that you have what you need to buy Illuvium, head over to the market or buy section of the cryptocurrency exchange and buy some ILV.

If the crypto exchange doesn’t have any Illuvium on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Illuvium first), and trade your Ethereum for Illuvium.

Where to Buy Illuvium (ILV)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Illuvium

1. Sign into the crypto exchange where you bought Illuvium.
2. Move your Illuvium to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
3. Sell Illuvium.

 

How to Buy Illuvium (ILV) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Illuvium in Australia, the process remains the same:

1. Find a crypto trading platform below.
2. Sign up for an account.
3. Fund your account with AUD.
4. Buy Illuvium if it’s available. If the exchange doesn’t have Illuvium. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Illuvium), and trade your ETH for Illuvium.

It’s also possible to check out our comparison of the places where to buy cryptocurrency in Australia If you’re curious to know more about which ones we would recommend.

How to Buy Illuvium (ILV) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Illuvium in Canada, the process remains the same:

1. Find a cryptocurrency exchange below.
2. Sign up for an account.
3. Fund your account with CAD.
4. Buy Illuvium if it’s available. If the exchange doesn’t have Illuvium. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Illuvium), and trade your ETH for Illuvium.

Alternatively, if you want to know more about the exchanges we prefer, read our comparison of the cryptocurrency exchanges in Canada.

How to Buy Illuvium (ILV) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Illuvium in the UK, the process remains the same:

1. Find a crypto exchange below.
2. Sign up for an account.
3. Fund your account with GBP.
4. Buy Illuvium if it’s available. If the exchange doesn’t have Illuvium. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Illuvium), and trade your ETH for Illuvium.

Alternatively, if you want to learn more about the exchanges we recommend, look at our comparison of the best sites to buy bitcoin in the UK.

Considering buying Illuvium? ILV Rundown

Illuvium, an open-world fantasy battle platform built on Ethereum blockchain, is called Illuvium. Illuvium is often referred to as the first AAA game built on Ethereum. It offers a variety of trading and collecting features that will appeal to both casual gamers and DeFi enthusiasts.

Illuvials are creatures that inhabit the world of Illuvium. Players can capture them and then nurse them back to health. They become part of the player’s collection and can be used to battle other adventurers in Illuvium's Auto Battler gameplay.

It is a combination of an open-world exploration and a PVP war game. The game allows players to explore the world and build their own team of powerful beasts.

Illuvium is in development since 2020. It is being developed by a global team of over 40 people, including the cofounders, serial entrepreneur and early cryptocurrency adoptioner Kieran Warwick and Aaron Warwick who are both brothers. They are also brothers to Kain Warwick, co-founder of DeFi platform Synthetix.

There are many uses for the ILV token within the Illuvium ecosystem. It is the primary token that rewards players for their achievements in-game. It also entitles them to their share in the Illuvium vault.

Illuvium is unlike other blockchain-powered games. It features a fully 3D environment with over 100 unique Illuvials scattered across its different regions. Every Illuvial has been designed by a team made up of top-level artists. This makes it appealing to those who are used to playing big-budget retail games.

It also boasts many features that make it stand out among other blockchain-enabled AAA titles and games. These features include:

• Layer-2 Integration: Illuvium's security is provided by Ethereum. However, Illuvium is built on Immutable X(IMX), a layer-2 solution designed to scale applications that use NFT functionality. Illuvium leverages Immutable X's capabilities to ensure that players can mint and trade NFTs with virtually instant transaction finality and zero gas fees. Players have full custody of their assets when using IMX.
• The IlluviDEX is an integrated decentralized exchange platform (DEX) in Illuvium. It's appropriately called the IlluviDEX. This can be used to trustlessly exchange Illuvial NFTs and other assets. Each sale is subject to a 5% commission, which is then funneled into the rewards pool of ILV stakers.
• Yield farming: The Illuvium yield farm program receives a total of 3,000,000 ILV, which is equivalent to 30% of the maximum (10 million) supply. They will be distributed to those who contribute liquidity or through partner reward schemes over three years.

Related:

• How to Buy iExecRLC (RLC)
• How to Buy Immutable X (IMX)