If you're looking to buy Illuvium (ILV), you've landed in the right place. ILV is the native token powering one of the most ambitious blockchain gaming ecosystems built on Ethereum — blending...
Buy Illuvium (ILV) — A simple guide
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Gaming
Gaming tokens support game economies, marketplaces or the infrastructure used to build games. They can buy items, pay fees, reward play or give a vote on an ecosystem.
Browse the buying guides
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How are tokens used in crypto games?
Browse the buying guidesSome games also use NFTs for distinct characters or equipment. A fungible gaming token and an individual game item are different assets, even when they belong to the same project.
How it works
The economy depends on players wanting the experience, not just wanting to earn tokens. Rewards increase supply, while purchases, crafting or other game mechanics may remove tokens from circulation. If rewards attract users who immediately sell, a growing player count can hide a weak economy. Items may remain on a blockchain after a game closes, but their usefulness can disappear with the servers, licensing or developer support. Compare the playable product, retention and spending with its token incentives.
Explore the foundations
The Metaverse Explained: Check What a Virtual World Actually Lets You Do↗
NFTs Explained: Verify the Token, the Media and Your Rights↗
Web3 Explained: Understand What Your Wallet Is Being Asked to Do↗
Sources and further reading
A little groundwork goes a long way
Before your next purchase or transfer, understand who controls access, where your crypto is going and what the trade will actually cost.
Protect access to your crypto
An exchange account and a self-custody wallet need different safeguards. Protect exchange logins with a unique password and strong two-factor authentication. For self-custody, your recovery backup is what lets you restore access.
Keep recovery words offline and private. A support agent or website asking for them is a reason to stop.
See a recovery example
Your phone breaks. An exchange may help you recover your account after identity checks. A self-custody wallet cannot reset your recovery phrase. Check your wallet’s official backup instructions before relying on it.
Choose the right transfer network
The asset, token version and network must be supported at the destination. A familiar ticker or a matching address format is not enough. Read the receiving platform’s deposit instructions before selecting a withdrawal network.
Check the address, any required memo or tag, fees and minimums. Consider a small test transfer first.
See a network example
Your destination accepts USDC on Ethereum. Selecting a cheaper network at the sending exchange does not make it an Ethereum transfer. Use a network both ends support; an ordinary withdrawal does not bridge tokens.
Understand the price you pay
Trading fees are only part of the cost. The spread, available liquidity and withdrawal charges also matter. A market order prioritizes execution; a limit order controls the price but may remain unfilled or fill only partly.
Check the order preview and the amount you will receive, then compare the full cost of your intended purchase and withdrawal.
Work through a cost example
Hypothetical example: a $200 trade with a 0.1% trading fee costs $0.20 in trading fees. A separate $5 withdrawal fee brings those charges to $5.20. Spread or slippage may add more; these are not quoted exchange rates.
