When choosing theexchange you have to consider an exchange that will also be able to accommodateLSK tokens. An example of such exchanges include: Binance, Yuanbao, Poloniex,BitSquare, Jubi, Bittrex, Shapeshift, HitBTC, BitBay, BitBays, YoBit, Livecoin,Bloombit, Touzibi, OpenLedger, Changelly and BitMEX. After buying the Bitcoin or Ethereum usingFiat currency via PayPal, credit card or debit card, you should then proceedand exchange the Ethereum or Bitcoin for Lisk coins.You can choose to store the Lisk coins inthe original exchange (where they have been obtained after exchanging theBitcoin or Ethereum) or you can opt to transfer them into a Lisk wallet.Storing your Lisk coin on the exchanges is not secure, especially since theyare online stores very prone to online scams and hacks. The best place to hold your Lisk coins is inthe Lisk wallet. It is available for Windows, Linux and Mac operating systems.There is also a web Lisk wallet as well, although not very popular amonginvestors.
For you to access the services of the Liskwallet, you will have to follow the following steps to install the Lisk wallet: Download the Lisk wallet from the official Lisk website. Install the Lisk wallet on the device you are using. Open the installed wallet and create a Lisk account. Obtain a secret passphrase, store it safely and verify it. Then you can now send and receive Lisk coins from and into your wallet respectively.