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What is Lumia?

Lumia (LUMIA) is a next-generation blockchain designed to provide infrastructure for Real World Assets (RWAs) throughout their lifecycle. Lumia bridges the gap between RWAs and the DeFi ecosystem, offering asset tokenisation and liquidity solutions.

  • Lumia is made up of two major components: Lumia Chain, which tokenises RWAs, and Lumia Stream, which brings liquidity to previously illiquid assets like real estate, commodities, and art.
  • Lumia is built using the Polygon Chain Development Kit (CDK) this allows it to create custom Blockchain networks. It also uses tools such as Privado ID and Miden to support a wide array of dApps. Lumia Stream aggregates liquidity from both centralised and decentralised exchanges to ensure smoother trading.
  • The platform’s native token, LUMIA, is used for transaction fees, governance, staking, and liquidity provision. Token holders can participate in governance, secure the network, and access premium features within the ecosystem.

Lumia aims to revolutionise RWA tokenisation by creating a flexible, permissionless liquidity network, and enhancing trading opportunities for both institutional and retail users in DeFi. By bridging the gap between traditional assets and DeFi, Lumia looks to broaden adoption of RWAs and set new standards for asset tokenisation.

How do I swap Lumia?

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Learn more about Lumia

Why Should I Trade LUMIA with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Lumia no matter what your trading experience is. Unlike other international and Australian Lumia exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Lumia with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Lumia how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Lumia?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Lumia for free.

Cold Storage

If you are holding Lumia as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Lumia. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Lumia. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Lumia has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Lumia is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Lumia exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Lumia & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Lumia safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Lumia portfolio here.
Yes! With CoinSpot you can convert your Lumia to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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