How to stake Lucky Block | KoinX

A step-by-step guide to stake lucky block

Lucky Block Staking Overview

Lucky Block is a cutting-edge “crypto-gaming” platform that aims to improve the experience for players.

All transactions that take place on the Lucky Block platform will be accessible through the public ledger because it is stored on the blockchain. This not only lessens (or eliminates) the possibility of fraud but also guarantees that the competition winners are unmistakable and unambiguous.

How to Stake Lucky Block (LBLOCK)?

Step 1: Create an account with a crypto wallet

Create an account in a crypto wallet that is BSC-compatible, such as MetaMask or Trust Wallet, and fund it with BNB.

Step 2: Update the contract address

Paste the Lucky Block contract address into the box provided to be sent to the appropriate listing page.

Step 3: Confirm Investment

In the order box, enter the quantity of BNB you wish to exchange for LBLOCK, and then confirm the transaction.

Step 4: Transfer LBLOCK to Crypto Wallet 

If necessary, you may need to transfer your LBLOCK to your crypto wallet. To do this, import the token using the contact address listed in Step 3 to import the token.

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Best Places to Stake Lucky Block(LBLOCK)

1. Pancakeswap
stake crypto on pancakeswap

Pancakeswap is fast emerging as the best crypto exchange for obtaining Lucky Block tokens. It has a decentralized blockchain system, which facilitates a lot of transactions at a much-reduced cost of operation.

Pros
  • It allows multiple types of activities, including staking, games, buying, and farming online.
  • It provides better technical support and live help while staking Lucky Block.
Cons
  • Slow networking speed while staking Lucky Block at times of heavy activity

Benefits of Staking Lucky Block (LBLOCK)

  • Users from all over the world can purchase lottery tickets and try to win the grand prize. Users start out with daily draws and work their way up to two draws each day. The lottery prize is then assigned to a winning ticket that was chosen later by a random number generator.
  • A basic business model is employed by the project. The jackpot mechanism is financed by ticket sales and transaction fees. 
  • All transactions on decentralised exchanges are subject to a 12% transaction fee.
  • Since cryptocurrency does not have to report any user-sensitive data to anti-money laundering authorities, the transaction fee avoids regulatory restrictions.

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Most frequently asked questions on Lucky Block Staking

What is Lucky Block Crypto?

Lucky Block is a cryptocurrency lottery platform built on the Binance Smart Chain. In comparison to traditional lottery systems, the platform offers daily lotto prize draws with better odds of winning for each participant.

How do I get a Lucky Block Coin?

A reputable decentralised exchange called PancakeSwap offers Lucky Block coin for sale. Notably, in order to complete your purchase, you’ll require a cryptocurrency wallet and some Binance Coin (BNB).

Is Lucky Block a good investment?

Even while Lucky Block is still a relatively new project, it has already received a lot of media attention. Due to the multiple plans and improvements under development, Lucky Block may offer outstanding investment potential in the future.

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