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Ramp integrates with LUKSO Network

Nick Marchenko
Reading time:
3 minutes

We're thrilled to announce that Ramp now supports the purchase of LYX, the utility token at the heart of the LUKSO ecosystem. This development represents a further expansion of our crypto assets coverage, providing users direct access to this innovative blockchain network tailored for the new digital lifestyle.

Last edited on
May 7, 2024

About LUKSO and LYX token

LUKSO is a Layer-1, EVM-compatible blockchain that is reshaping how brands, creators, and consumers interact within the digital landscape. LYX, the native utility token of the LUKSO network, plays a crucial role in this ecosystem by facilitating transaction processing, asset creation, and network security.

LUKSO's innovative blockchain solutions blend digital and physical realities—often referred to as "phygital." This integration supports digital identities and tokenization, allowing users to seamlessly establish ownership of both digital and tangible items. These features enhance security and interaction within its vibrant digital lifestyle ecosystem, where LYX holds a market cap exceeding $129 million as of April 2024.

Additionally, LUKSO operates on a Proof of Stake (PoS) consensus mechanism, offering improved transaction speed, scalability, and environmental sustainability compared to traditional Proof of Work systems. This operational efficiency is vital for maintaining LUKSO’s competitive edge in the rapidly evolving blockchain space.

Universal Profiles

A standout feature of LUKSO is the Universal Profiles—blockchain-based identities that simplify online verification processes across various applications. This technology not only enhances user convenience but also promotes security and functionality across the web3 landscape, making digital interactions more accessible and secure.

Ramp's role and innovations

By integrating LYX, we are not only diversifying our cryptocurrency offerings but also aligning with a future-forward blockchain that supports expansive digital interactions. Users from over 150 countries and 37 US states can now purchase LYX using various payment methods such as credit/debit cards, bank transfers, and more, with the option to pay in over 40 local currencies. 

This integration positions Ramp as one of the first major on-ramps to support LYX and reflects our commitment to broadening access to innovative cryptocurrencies and decentralized finance (DeFi). Our platform simplifies entering the LUKSO ecosystem, making it more accessible for users around the world to engage with this unique blockchain environment.

Stay tuned for our continuous updates and enhancements to the crypto experience for our global user base.

Connect with us

Building on LUKSO? We're excited to explore potential partnerships and collaborative opportunities within this vibrant ecosystem. Reach out to discuss how we can work together to shape the future of digital and "phygital" interactions.

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Nick Marchenko

Product Marketing Manager


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