LUKSO (LYX) is the native utility token of the LUKSO blockchain, designed to support the new creative economy by empowering creators, designers, and lifestyle experts. Here are the key ways LYX is used:

1. Staking and Validation: Validators use LYX to secure the network and participate in the consensus mechanism, ensuring the integrity and stability of the blockchain.

2. Transaction Fees: LYX is used to pay for transaction fees, similar to how Ether (ETH) is used on the Ethereum network.

3. Tokenization of Assets: LYX enables the tokenization of high fashion and lifestyle items, allowing users to upload relevant information and receive a tokenized ownership token. This token includes vital details such as origin, launch date, designer, materials used, and other key details.

4. Design Spaces and Communities: LYX facilitates the creation of design spaces, which are digital environments centered on tokenized assets and shared goals. These spaces enable designers and creators to raise funds globally and build new digital experiences.

5. Passive Income: LYX can be staked for passive returns, which are paid out in the same token, providing an incentive for users to participate in the network's validation process.

6. Interoperability and Smart Contracts: LYX is used to interact with the LUKSO blockchain's smart contracts, which are designed to be highly extensible and readable. This allows for complex automation and the integration of Universal Profiles, enhancing user experience and usability.

Overall, LYX is the core token that drives the LUKSO ecosystem, enabling a wide range of functionalities and use cases focused on the creative economy.

To store LUKSO (LYX) tokens, you can use various wallets that support the Ethereum Virtual Machine (EVM) blockchain. Here are some options:

1. MetaMask: MetaMask supports LUKSO, allowing you to manage your LYX funds directly within your web browser. You can add LYX to MetaMask like any other ERC-20 token.

2. Hardware Wallets: Ledger, Trezor, and other hardware wallets capable of storing ERC-20 tokens can be used to store LYXe, which is LYX on the Ethereum blockchain. For Ledger users, you need to download the Ethereum app on your Ledger device.

3. Other Wallets: You can also use wallets like Trust Wallet, imToken, TokenPocket, and iToken Wallet, which support LUKSO.

4. Custom Network Setup: To use your hardware wallet with MetaMask, you need to connect your hardware wallet to MetaMask, add LUKSO as a custom network, and switch the network to "LUKSO".

These wallets provide a secure and convenient way to store your LUKSO tokens.

To buy LUKSO (LYX) tokens, follow these steps:

1. Decide on an Exchange: Choose a reputable cryptocurrency exchange that supports LYX, such as Uphold, KuCoin, Gate.io, CoinEx, or MEXC.

2. Create an Account: Sign up for an account on the chosen exchange, verifying your email address and identity.

3. Make a Deposit: Fund your account using a debit card, credit card, wire transfer, or Bitcoin.

4. Buy LYX: Use your deposited funds to purchase LYX tokens.

Additionally, you can use Transak to buy LYX with fiat currency in five effortless steps:

1. Select Fiat Currency: Choose your fiat currency and enter the amount you want to spend.
2. Choose Payment Method: Select a payment method and see the equivalent LYX amount.
3. Input Wallet Address: Enter your LYX-supported wallet address.
4. Verify Information: Login with your email and verify your information.
5. Complete Payment: Finish the payment using credit cards, Apple Pay, Google Pay, or bank transfer to receive LYX in your wallet.