How To Buy Illuvium (ILV)?

How To Buy Illuvium (ILV)

A common question you often see on social media from crypto beginners is “Where can I buy Illuvium?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports Illuvium (ILV)

First, you will need to open an account on a cryptocurrency exchange that supports Illuvium (ILV).
We recommend the following based on functionality, reputation, security, support and fees:

1

 Binance

Create Binance Account - How To Buy Illuvium

Fees (Maker/Taker)            0.075%*-0.1%*

Cryptocurrencies
Available for Trade                             500
+

Sign-up bonus
 10% reduced trading fees*

Available in
Europe, Asia, Oceania, Africa

2

 MEXC

Create MEXC Account

Fees (Maker/Taker)                    0.2%*-0.2%*

Cryptocurrencies
Available for Trade                             1500
+

Sign-up bonus
 10% reduced trading fees & up to $170 in USDT vouchers*

Available in
North America, South America, Europe, Asia, Oceania, Africa

3

 Gate.io

Create Gate.io Account

Fees (Maker/Taker)                    0.2%*-0.2%*

Cryptocurrencies
Available for Trade                           
1000+

Sign-up bonus
 Up to $100 in USDT vouchers*

Available in
Europe, Asia, Oceania, Africa

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Illuvium (ILV) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Illuvium (ILV)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Illuvium (ILV) or Illuvium (ILV) trading pairs. Look for the section that will allow you to buy Illuvium (ILV), and enter the amount of the cryptocurrency that you want to spend for Illuvium (ILV) or the amount of fiat currency that you want to spend towards buying Illuvium (ILV). The exchange will then calculate the equivalent amount of Illuvium (ILV) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Illuvium (ILV) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

How to create a Binance account

Create Binance Account

Show Detailed Instructions

Step 1: Go to the Binance website.

Step 2: On the registration page, enter your email address, and create a password for your account.
Then, read and agree to the Terms of Service and click “Create Account”.

How To Create a Binance Account Step 2

Note: Your password must be a combination of numbers and letters.
It should contain at least 8 characters, one UPPER CASE letter, and one number.

Step 3: Complete the Security Verification.

How To Create a Binance Account Step 3

Step 4:
The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can’t find the email in your inbox, check your other mail folders as well, or click “Resend Email” to resend.
How To Create a Binance Account Step 4
Congratulations, you have successfully registered on Binance.

How to complete KYC (ID Verification) on Binance

Step 1: Log in to your Binance account and click “User Center” and then “Identification”.
 

How To Complete KYC ID Verification on Binance Step 1 - How To Buy Illuvium

Step 2: click “Start Now” to verify your account.

How To Complete KYC (ID Verification) on Binance Step 2

Step 3: Select your country of residence.
Ensure that your country of residence is consistent with your ID documents.

How To Complete KYC ID Verification on Binance Step 3 - How To Buy Illuvium

You will then see the list of verification requirements for your specific country/region. Click “Continue”.
How To Complete KYC (ID Verification) on Binance Step 4

Step 5: Enter your personal information and click “Continue.”

Make sure that all the information entered is consistent with your ID documents.
You won’t be able to change it once confirmed.
How To Complete KYC ID Verification on Binance Step 5 - How To Buy Illuvium
Step 6: Next, you will need to upload pictures of your ID documents. Choose the type of ID and the country your documents were issued. Most users can choose to verify with a passport, ID card, or driver’s license.
Refer to the respective options offered for your country.
How To Complete KYC (ID Verification) on Binance Step 6

Step 7: Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.

For example, if you are using an ID card, you have to take photos of the front and back of your ID card.
How To Complete KYC (ID Verification) on Binance Step 7
Step 8: After uploading the document photos, the system will ask for a selfie. Click “Upload File” to upload an existing photo from your computer.
How To Complete KYC ID Verification on Binance Step 8 - How To Buy Illuvium
Step 9: After that, the system will ask you to complete face verification. Click “Continue” to finish face verification on your computer. Alternatively, you can move your mouse to the QR code on the bottom right to complete the verification on your phone instead. Scan the QR code via your phone’s camera to finish the face verification process.
Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.
How To Complete KYC ID Verification on Binance Step 9 - How To Buy Illuvium
After completing the process, please wait patiently.
Once your application has been verified, you will receive an email notification.

How to buy cryptocurrency on Binance

Step 1: Log in to your Binance account and click “Buy Crypto” and then “Credit/Debit Card”. 

How To Buy Cryptocurrency on Binance Step 1

Step 2: Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press “Continue”.

Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.

How To Buy Cryptocurrency on Binance Step 2 - How To Buy Illuvium

Step 3: Click “Add New Card”. Then enter your credit card details and your billing address.

How To Buy Cryptocurrency on Binance Step 3 - How To Buy Illuvium

Step 4: Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click “Refresh” to see the latest market price. You will then be redirected to your bank’s OTP Transaction Page. Follow the on-screen instructions to verify the payment.

How To Buy Cryptocurrency on Binance Step 4

How to Conduct Spot Trading on Binance

Step 1: Log in to your Binance account.
Click on “Classic” under “Trade” on the top navigation bar.

How to Conduct Spot Trading on Binance Step 1

Step 2: Search and enter the cryptocurrency you want to trade.

How to Conduct Spot Trading on Binance Step 2 - How To Buy Illuvium

Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.

(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)

How to Conduct Spot Trading on Binance Step 3 - How To Buy Illuvium

Step 4: If you don’t want to set a manual price, you can place a “Market Order” to set the buying/selling price automatically.

How to Conduct Spot Trading on Binance Step 4

Hide Detailed Instructions

How to create a Gate.io account

Gate.io

Show Detailed Instructions

Step 1: Go to the Gate.io website.

Step 2: Choose your username, your email address and your password. Then check “I certify that I am 18 years of age or older, and I agree to the Gate.io User Agreement Privacy Policy” and click “NEXT”.

How To Create a Gate.io Account Step 2

Step 3: Set your fund password and click “Create account”.
Note: Your fund password must contain at least 6 characters and can not be the same as your login password.
How To Create a Gate.io Account Step 3
Step 4: An activation email will be sent to your email address. Complete the rest of the registration process by following the instructions in the email to activate your account. Once this is done done, click “Email activated, please log in”.

How To Create a Gate.io Account Step 4

How to complete KYC (ID Verification) on Gate.io

In order to ensure the safety of your assets, and to reduce fraud, money laundering, blackmail, and other illegal activities, Gate.io makes it mandatory that all users obtain KYC ID Verification. Only after your account has obtained KYC ID verification, can you withdraw funds or use credit cards or debit cards to buy cryptocurrencies.

Step 1: Log in to your Gate.io account.
Place your cursor on the top-right profile icon and go to “KYC (ID Verification)”

How To Complete KYC (ID Verification) on Gate.io Step 1

Step 2: Click “Individual (Verify now)”

How To Complete KYC (ID Verification) on Gate.io Step 2

Step 3: Select your country, input your full legal name (twice), fill in your ID information, upload photos of both sides of your ID card, and a photo of you holding your ID together with your User ID (UID) for Gate.io. You will see your User ID by placing the cursor on the top-right profile icon on the main page. Make sure everything is filled in correctly and then click on “Confirm and Submit”.

How To Complete KYC (ID Verification) On Gate.io Step 3

How To Complete KYC (ID Verification) On Gate.io Step 4

Step 4: After you have submitted all the requested information, you will see the pending approval.
Approval can take anywhere from a few hours to a few days to complete.

How To Complete KYC (ID Verification) On Gate.io Step 5

Once the KYC is approved, you’re ready to make your first cryptocurrency purchase.

How to buy cryptocurrency on Gate.io

Step 1: Log in to your Gate.io account.
Then in the Menu Bar at the top of the page, click “Buy Crypto” and select “Credit Card”.

How To Buy Cryptocurrency on Gate.io Step 1

Step 2: Enter the amount you wish to spend in the “Buy with Fiat Currency” tab and select the cryptocurrency that you want to buy under the “Currency Purchased” field. Then select one of the “Service Providers” below and click the “Place Order” button to enter the confirmation page.

Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.

How To Buy Cryptocurrency on Gate.io Step 2

Step 3: On the confirmation page, select “Buy Crypto” or the “Create Order” button to complete the payment.

Note: To ensure a quick and secure way of receiving the order, users might need to conduct an additional Identity Verification (KYC) with a third-party service provider. Once successfully verified, the service provider will immediately transfer the cryptocurrencies to your Gate.io account.

How to Conduct Spot Trading on Gate.io

Step 1: Log in to your Gate.io account.
Click on “Spot Trading” under “Trade” on the top navigation bar.
You can either choose “standard” or “professional” version. This tutorial uses the standard version.

How to Conduct Spot Trading on Gate.io Step 1

Step 2: Search and enter the cryptocurrency you want to trade.

How to Conduct Spot Trading on Gate.io Step 2

Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)

How to Conduct Spot Trading on Gate.io Step 3

Step 4: If you don’t want to set a manual price, you can click on the last prices on the order book to set the buying/selling price automatically.

How to Conduct Spot Trading on Gate.io Step 4

Step 5: Confirm the price and amount. Then click on “Place Order” to place the order, followed by “Confirm Order” to confirm it.

How to Conduct Spot Trading on Gate.io Step 5

 

Hide Detailed Instructions

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is Illuvium (ILV)?

Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.

The world of Illuvium is inhabited by creatures known as Illuvials, who can be captured by players that best them in battle and nurse them back to health. From then on, they become a loyal part of the player’s collection and can be used when battling other adventurers as part of Illuvium’s auto battler gameplay. 

The game is a fusion between an open-world exploration game and a PVP battle game. Players can spend their time exploring the expanses of the game world or building up their team of powerful beasts. 

Illuvium has been in development since 2020, and is being built by a worldwide team of more than 40 individuals, including the co-founders; serial entrepreneur and early cryptocurrency adopter Kieran Warwick, and experienced game designer Aaron Warwick, who are brothers. (And who are coincidentally also the brothers of Kain Warwick, the co-founder of DeFi platform Synthetix).

The ILV token has a number of uses within the Illuvium ecosystem. It’s the main token used to reward players for their in-game achievements, entitles players to their share of the Illuvium Vault and is used for participating in the governance of the game via the Illuvium decentralized autonomous organization (DAO). 

Illuvium Gameplay

Start by customizing your character. Then select your Polymorphic Subordinate Drone. Once you and your sidekick are ready, you can then head out to explore the various regions of the world, and the mysteries that shattered it. As you adventure, you will encounter Illuvials that you can fight. If you subdue them, use a Shard to snap them up so they are yours permanently. Be careful though, Shards have varying power levels. Less powerful Shards are likely to fail against powerful Illuvials. For players just starting out, you will be able to mine free shards that are only capable of capturing a select few Illuvials that are far less powerful than some. But you will be able to get started in the game without any expense and learn the mechanics. We feel this is a welcome change from games that require a large amount of capital upfront to play. There are many regions to explore, but most will be inaccessible to the first generation of players. Over time, players will unlock Obelisks which allow for travel to new beautiful, challenging, and important regions that come with new Illuvials to battle and collect, and shed more light on the enigma that happened here.

For some players, the draw of the game will be travelling across the world and collecting Illuvials. This can be incredibly lucrative, especially if a player manages to capture something rare and powerful. Illuvials will become harder to capture over time. As more and more are found, their capture rate will change, because it is fundamentally tied to the number that have been captured thus far. The difficulty to capture Illuvials will also grow. As you adventure and encounter Illuvials in the wild, your current team (including yourself) will grow in power.

Other players will choose to battle each other to prove who is the superior Hunter. These players will queue in the Ranked Arena where they can be matched with a random opponent of a similar skill, or call out other players in ad-hoc wagered matches in the Leviathan Arena. Other players will be able to spectate and wager on the outcomes.

Illuvium Mining and Harvesting

Your subordinate drone isn’t just a good-looking gadget. In addition to storage and assistance during battle, your PSD is also capable of mining minerals from the planet’s surface, and forging them into useful items. The landscape is speckled with deposits that contain ore, uncured shards, and rare gemstones. After harvesting these, use your drone to forge them into weapons and suits of armor by infusing the materials with energy. Some materials are much more rare, and provide stronger bonuses to your equipment. Wield these yourself for an advantage in combat, or sell them on the IlluviDEX. Illuvium is also littered with trees that produce various alien fruits that pulsate with energy. Harvest these to create enhancements for your Illuvials in battle, or to nurse them back to health without heading back to Sanctum Mesa.

Illuvium Shards

Shards are probably the most important item in the game. It is only with these shards that players are able to capture Illuvials that they best in combat. As such, each player will want to be stocked with a few before venturing into the world. You can mine them from deposits, but you’ll always want to make sure you have something available in case you encounter a rare Illuvial. Like most elements in the game, Shards come in a variety of tiers based on their power at capturing Illuvials. The stronger the Illuvial, the harder they are to capture. This is where a strong shard is most effective. The quality of the shard you pull from the ground is random, with the most powerful ones being the rarest. If you want to make sure that you can capture everything you find in the world, then it is worth checking out the IlluviDEX where you can acquire shards.

Illuvium Weapons

In Illuvium, it is not just the Illuvials that fight. You as the player character get to fight in the battle, wielding futuristic weapons that can be equipped with gemstones that store the essence of Illuvials, allowing you to emit an aura that boosts your Illuvials in combat. Your choice of weapons also determines your class, which gives additional benefits to your team. Weapons can be sold on the IlluviDEX like most other NFTs in the game.

Illuvium Armor

Also forged from items mined on Illuvium, armour is your defense against the beasts that you fight. If your armour becomes too damaged you may need to wait until it regenerates. However, your choice of armour can sway the battle, as each suit has different properties. Choosing the right one for you and your team is one of the many decisions you will make in the game. Armor can be sold on the IlluviDEX like most other NFTs in the game.

Illuvium Imbues

Imbues are cosmetic changes that can add value to a player’s collection by further differentiating their acquisitions from others. Imbues are modular in nature and can be applied to multiple items, or you may decide to sell them on the IlluviDEX. Various items in the game can be imbued, such as weapons, armour and even your Drone.

How Does Illuvium Work?

Although Illuvium has blockchain-based elements, it is more akin to a full-fledged video game. It’s accessed through a downloadable desktop app, but also has a range of supporting DeFi applications surrounding it — including a yield farm and decentralized exchange. 

Inside Illuvium, you will encounter wild, mysterious, and combative creatures called Illuvials. On your journey through the many regions of this broken planet, you hunt, defeat, and capture them. To do this, you need a Shard; a specially-constructed sliver of crystal that traps the quantum signature of the beast inside. The quality of your Shard determines the chance of capture. A successful capture results in a new NFT token representing the Illuvial being minted and stored in your wallet. When you manage to capture a few of the same type, you Fuse them together, which burns the existing tokens and mints a more powerful creature.

Illuvials have a range of characteristics that make them variable in their rarity, utility, and desirability. These include:

  • Classes: Empath, Fighter, Guardian, Rogue and Psion.
  • Affinities: Air, Earth, Fire, Nature and Water.

Through its class and affinity are its most important attributes, each Illuvial has a large number of additional attributes that also help determine its strength in combat, some of these can include: attack damage, attack speed, and savagery. Illuvials get stronger with victory, can be enhanced with in-game items and can be upgraded into a special “ascended” form — which benefits from two affinities at once. 

Each Illuvial is represented by a unique non-fungible token (NFT) and can be freely traded on external exchange platforms and the gas-free IlluviDEX (more on this later). They can also be fused into more powerful forms, and come in normal, holographic and dark holographic variants which are considerably more scarce. 

The game will feature a variety of revenue streams, mostly derived from in-game purchases of items, crafting components, cosmetics and shard curing. 100% of this revenue is distributed as rewards to those staking the ILV tokens through an ILV buyback system.

Immutable X makes this vital process much easier, by taking away distraction and letting players simply explore and enjoy the world. Players are not bombarded by constant GAS fees for every little change to their collection. And transactions happen much faster, so players can stay focused on what they came here to do: Explore, Collect, Battle, and Earn.

What Makes Illuvium Unique?

Unlike most other blockchain-powered games, Illuvium features a fully 3D environment, with over 100 unique Illuvials found scattered throughout its various regions. Each Illuvial is designed by a team of world-class artists, ensuring it appeals to players accustomed to big-budget retail games.

Beyond this, it boasts a number of features that help it stand out from both other blockchain-enabled games and AAA titles. These include:

  • Layer-2 Integration
    Although Illuvium is secured by Ethereum, it is built on Immutable X (IMX) — a layer-2 solution that is designed to help scale applications with NFT functionality. By leveraging Immutable X’s capabilities, Illuvium ensures players can mint and trade their 
    NFTswith zero gas fees and practically instant transaction finality. Players always maintain custody of their assets while using IMX. 
  • The IlluviDEX
    Illuvium features a built-in decentralized exchange (
    DEX) platform appropriately named the IlluviDEX. This can be used for trustlessly exchanging Illuvium assets, including Illuvial NFTs. A 5% fee is deducted from each sale and funneled into the rewards pool for ILV stakers. 
  • Yield Farming
    A total of 3 million ILV — equivalent to 30% of the 
    maximum supply(10 million) — are allocated to the Illuvium yield farming program. These will be distributed over a period of three years to users contributing liquidity and through various partner reward schemes.

 

Official website: https://www.illuvium.io/

Best cryptocurrency wallet for Illuvium (ILV)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Illuvium (ILV)?

Deciding which type of wallet to use depends on a variety of factors, including:

  • How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
  • What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
  • Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
  • How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
  • What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).

Ledger Hardware Wallet
Trezor Hardware Wallet

Market Overview

Coinmarketcap.com

Find the latest Illuvium (ILV) price chart, trade volume, market cap, and other vital information to help you with your cryptocurrency trading and investing.

Coinmarketcap will be your cryptocurrency go-to for just about everything. Here you can see the following:

Market Capitalization And Daily Trading Volume

Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)

Circulating And Total Supply

Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).

CMC - How To Buy Illuvium
Last updated Apr 14, 2022

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