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Convert
Georgian Lari (GEL) to Illuvium (ILV) Instantly

GEL GEL
ILV ILV
Buy Illuvium (ILV)

Purchase Illuvium (ILV) with Georgian Lari (GEL) easily at Switchere and benefit from fast, secure transactions.

About
Illuvium (ILV)

Illuvium (ILV) is a decentralized gaming studio building an expansive, open-world RPG adventure and auto-battler game on the Ethereum blockchain. It aims to deliver a AAA-quality gaming experience combined with the benefits of blockchain technology, such as true digital asset ownership through NFTs. Illuvium leverages Immutable X, a Layer 2 scaling solution, to enable gas-free minting and trading of in-game assets, known as Illuvials, enhancing the player experience and economic viability within its decentralized network. This addresses the often-prohibitive transaction costs associated with on-chain gaming activities on Ethereum's mainnet.

The core technology combines stunning visuals with intricate gameplay mechanics where players explore, capture, and battle Illuvials. The ILV token serves multiple critical functions within this Web3 infrastructure. Primarily, it is a governance token, allowing holders to participate in the Illuvium DAO and vote on key proposals shaping the project's future. Additionally, ILV can be staked to earn rewards derived from in-game revenue distribution, aligning token holder incentives with the platform's success. This staking mechanism and its connection to the platform's tokenomics are central to its ecosystem, fostering long-term commitment. Illuvium is positioned as a pioneering force in the burgeoning play-to-earn and NFT gaming sectors, seeking to bridge traditional gaming quality with blockchain-enabled player economies.

Illuvium (ILV)

How to Buy Illuvium (ILV)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose GEL to ILV Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Illuvium Wallet Address

    Provide your ILV wallet address and proceed with the payment.

  3. 03

    Receive Your Illuvium

    Complete the payment, and your ILV will be sent to your wallet.

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Frequently asked questions

  • What does the GEL to ILV trading pair represent for investors in the blockchain gaming space?

    The GEL/ILV trading pair allows for the direct exchange of the Georgian Lari (GEL) for Illuvium (ILV), the native governance token of the Illuvium blockchain gaming universe. This pair is a fiat on-ramp for acquiring a key digital asset in the play-to-earn sector, enabling participation in the Illuvium DAO and access to its NFT-driven ecosystem built on the Ethereum network.

  • What is the most common process for buying Illuvium (ILV) using Georgian Lari (GEL)?

    While a direct GEL/ILV order book may be rare, the typical method involves using a cryptocurrency exchange that accepts GEL deposits via local bank transfer. Users complete KYC/AML compliance, deposit GEL, purchase a major crypto like USDT or ETH, and then trade that for ILV on the same platform.

  • What are the core functions of the ILV token within the Illuvium Interoperable Blockchain Game (IBG)?

    The ILV token, an ERC-20 digital asset on Ethereum, serves multiple purposes. Its primary functions are governance, allowing holders to vote on proposals through the Illuvium DAO, and staking. By staking ILV, users can earn yield distribution from in-game revenues, making it integral to the project's play-and-earn economy.

  • Why does Illuvium utilize Immutable X, and how does this affect ILV token holders?

    Illuvium is built on Immutable X, a Layer-2 scaling solution for Ethereum, to enable zero gas fees for minting and trading in-game NFT assets. This is crucial for a seamless play-to-earn experience. For ILV token holders, this enhances the platform's usability and scalability, potentially increasing the value and activity within the Illuvium ecosystem without the high costs of direct Ethereum blockchain transactions.

  • What kind of fees should I anticipate when executing a GEL to ILV transaction?

    The transaction process involves several potential fees. First, your Georgian bank might charge for the GEL transfer to the exchange. Second, the exchange will have a deposit fee and/or a trading fee for converting GEL to ILV (or through an intermediary crypto). Finally, withdrawing your ILV to a personal digital wallet will incur a network fee, which varies based on Ethereum network congestion.
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