How and Where to Buy LUXO (LUXO) – Detailed Guide

What is LUXO?

Luxo Ecosystem

LUXO is the token of the Luxochain ecosystem.

In order to guarantee the security of your luxury goods, we combine products with their own unique NFT, such as Digital Passport of Authenticity, registered on the Blockchain, secure, readable, and transferable by any smartphone.

Luxo allows you to safely create, receive, store and send Digital Certificates of Authenticity and Ownership of your Luxury goods.

Using our services, which can be purchased with the Luxo tokens, Brands can certify sustainability, traceability, and authenticity of their products, improving their reputation.

With Virgo Wallet, the App provided to the market from Luxochain, available for iOS and Android, any consumer, before a purchase, can verify the authenticity of each product, in store, on-line, or in second hand market, verifying with the smartphone the information written into the product’s NFT on to the blockchain, simply approaching to the product itself.

In the stores, on-line or in second-hand market, customers will be able to scan the code and ascertain the authenticity of the product and verify the official images, the most important information and details before purchasing, such as brand, model, size, history, and verify their origin and materials, consult the manufacturer's information, and see if there were any previous owners.

Application industries we are serving are Luxury &eamp; Fashion, Art, Public Institutions, Media &eamp; Press Agencies, Automotive, Valuable goods, details into our press-release.

Luxochain short summary

Luxochain is a Swiss company, based in Lugano, with world-class expertise on product certification.

Our mission is to deliver sustainability, reputation and authenticity into the Luxury market, tracing goods on the blockchain, from raw material up to the distribution chain, providing Certificates of Authenticity and Passports of goods, to protect Brands and Customers, guaranteeing purchases of authentic goods.

We combine products with their own unique NFTs, such as Digital Certificates of Authenticity, registered on the Blockchain, secure, readable, and transferable by any smartphone. The product’s NFT becomes its authenticity passport, with a guarantee of non-duplicability thanks to the underlying technology.

Luxochain offers a service to end consumers, protecting them in the purchase of their products. At the same time, Luxochain works alongside the luxury brand, providing them a transparency, loyalty, and couponing system towards their customers.

LUXO is the token on which Luxochain ecosystem is based. Luxochain allows you to safely create, receive, storage and send Digital Certificates of Authenticity and Ownership of your Luxury goods.

Using our services, which can be purchased with the Luxo tokens, Brands can certify sustainability, traceability, ad authenticity of their products, improving their reputation.

Application industries we are serving are Luxury & Fashion, Art, Public Institutions, Media & Press Agencies, Medical, Pharmaceutical, Food, Automotive, Valuable goods.

Luxochain combats the counterfeit of Luxury goods, guaranteeing the purchase of authentic products though the blockchain, ensure ownership of real products certified on the blockchain and guaranteed by luxury goods companies.

During this process, a shopper can see the details of a product, such as its general description, video of usage, e-commerce links, colors, materials, history, manufacturing details, and all previous property transfers.

With Virgo Wallet, the App provided to the market from Luxochain, available for iOS and Android, any buyer, before a purchase, can verify the authenticity of each product, in store, on-line, or in second hand market, verifying with the smartphone the information written into an NFT on to the blockchain, simply approaching to the product itself.

After purchase, the customer receives a link to make the claim of the NFT linked to the purchased product, as a certificate of digital property, that can become the passport of the product itself, and in case of theft or loss he will be able to block the asset, to facilitate the recovery of the object and return it to its rightful owner, fighting thefts and the counterfeiting market.

In the supply chain of the goods, all authentic products will be equipped with Tag NFC, that contain an encrypted serial number. The product ID is associated with an NFT token that is uniquely identifiable, which Luxochain will record on the blockchain. Once entered, the information cannot be changed externally.

In the store, customers will be able to scan the code and ascertain the authenticity of the product and verify the official images, the most important information and details before purchasing, such as brand, model, size, history, and verify their origin and materials, consult the manufacturer's information, and see if there were any previous owners. People can also access to their personal gallery of luxury goods, select their favorites, and show everyone their collections right from their phone.

Into the second-hand market, resellers can use the blockchain to transfer ownership rights from themselves to new owners with the same ease and speed with which a credit card transaction is made today.

Easy to use: “Click, Check, & Collect” your Digital Certificates of Authenticity using Virgo Wallet, powered by Luxochain.

What could be better for uniquely identify each of your luxury product?

Luxochain makes you secure of your luxury goods. Everyone wants to be sure of what they are buying.

Luxochain, changing tomorrow, today.

Video preview: https://youtu.be/DnNGLgumeRE

Website: www.luxochain.io

Luxo tokens: www.luxo.io

Notes:

For more information, discover Virgo Wallet on iOS or Android, that allows you to:

  • Create your NFTs in a simple and freeway, by importing or taking photos from your mobile.

  • Receiving, safekeeping and sending NFTs and Digital Certificates of Authenticity and Ownership.

  • View previous transactions of your luxury item before purchasing it.

  • Scan and read NFC or QR Code of products, representing NFTs of goods before purchasing it.

  • Claim the NFTs of you purchased goods from Brands.

  • Synchronize your contact list.

  • Reporting the event of theft or register a lost object and assign a prize for finding it.

  • Receive privileges and rewards from your most loved brands.

Links:

  • Video preview: https://youtu.be/DnNGLgumeRE

  • Website: www.luxochain.io - www.luxo.io

  • Buy Luxo in Bitfinex Exchange: https://trading.bitfinex.com/t/LUXO:USD

  • Buy Luxo on Bilaxy Exchange: https://bilaxy.com/trade/LUXO_USDT

  • Luxo contract Address: https://etherscan.io/address/0xd39a2cecba2657e125ba6a5c98ad2f6b6d7e83fd https://etherscan.io/token/0xd39a2cecba2657e125ba6a5c98ad2f6b6d7e83fd

  • Github: https://github.com/luxochain

  • Twitter: https://twitter.com/luxochain

  • Instagram: https://www.instagram.com/luxochainofficial/?hl=it

  • Facebook: https://www.facebook.com/luxochainbrand/

  • Linkedin: https://www.linkedin.com/company/swissborgchsb

  • Telegram Official Channel: https://t.me/Luxochain_Channel

  • Telegram Group chat: https://t.me/+ghLhv9dn1-Q1NTY0

  • Luxochain explorer : https://explorer.luxochain.io

  • Luxochain blockchain nodes : https://nodes.luxochain.io

  • Luxochain Technical whitepaper: www.luxo.io

LUXO was first tradable on 13th Feb, 2021. It has a total supply of 1,000,000,000. As of right now LUXO has a market capitalization of USD $110,060,000. The current price of LUXO is $0.110 and is ranked 3841 on Coinmarketcap and has recently surged 38.89 percent at the time of writing.

LUXO has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy LUXO.

Step 1: Register on Fiat-to-Crypto Exchange

You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.

uphold

Suitable for US traders

Select Fiat-to-Crypto Exchange for details:

LUXO

Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:

  • Easy to buy and trade among multiple assets, more than 50 and still adding
  • Currently more than 7M users worldwide
  • You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
  • Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
  • No hidden fees and any other account fees
  • There are limited buy/sell orders for more advanced users
  • You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
  • USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Show Details Steps ▾
LUXO

Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.

LUXO

You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.

LUXO

Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.

Step 2: Buy BTC with fiat money

LUXO

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.

LUXO

Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Bitcoin, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.

Step 3: Transfer BTC to an Altcoin Exchange

But we are not done yet, since LUXO is an altcoin we need to transfer our BTC to an exchange that LUXO can be traded. Below is a list of exchanges that offers to trade LUXO in various market pairs, head to their websites and register for an account.

Once finished you will then need to deposit BTC to the exchange from UpHold. After the deposit is confirmed you may then purchase LUXO from the exchange view.

Exchange
Market Pair
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LUXO/USD

Last Step: Store LUXO securely in hardware wallets

Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Ledger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your LUXO for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.

Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.

Frequently Asked Questions

Can I buy LUXO with cash?

There is no direct way to buy LUXO with cash. However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC to respective AltCoin exchanges.

LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.

Are there any quick ways to buy LUXO in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.

Are there any alternative platforms to buy LUXO or Bitcoin with credit cards?

Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

Read more on LUXO's fundamentals and current price here.

Latest News for LUXO

Luxochain2 years ago
Have you bought #LUXO tokens yet? Now is the time to do it!👇 https://t.co/fh5TR8YW8W #Luxochain #Token… https://t.co/SiHRlHd4yZ
Luxochain2 years ago
RT @iBoosterMktg: 💡@Luxochain, one of our case studies, has recently been listed on #Bitfinex, one of the most important exchanges! Want t…
Luxochain2 years ago
With Virgo Wallet, the App provided from #Luxochain, any consumer, before a purchase, can verify the authenticity o… https://t.co/lJnpteReop
Luxochain2 years ago
#LUXO Tokens lists on @bitfinex 🚀 #Bitfinex is pleased to welcome the Luxo #token onto its exchange: LUXO now joini… https://t.co/p4cOmw3j8G
Luxochain2 years ago
@CoinMarketCap @luxochain project’s official account, we would like to register two emails,… https://t.co/Ht2OSgRoAj
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