Credit / Debit Card
Fee
Variable Fees
Processing Time
Usually within 1 minute, up to 48 hours
Minimum Purchase Amount
Starting from approx. 10–15 USD
Supported Regions
Subject to region, fiat currency, issuing bank, and payment channel support
How to Buy FRIC (FRIC) on LBank
Learn how to buy FRIC (FRIC) on LBank, including payment methods such as credit cards, debit cards, Apple Pay, and bank transfers, as well as the purchase process, preparations, and FAQs.
Step 1
Download the LBank App
Please download the LBank App and register to get started
Step 2
Fund your account
Deposit using your preferred payment method.
Step 3
Choose your cryptocurrency
Select the crypto you want to buy from over 3,000,000 cryptocurrencies available on LBank Exchange or Wallet.
Purchase Decision Overview
Bank Transfer / Local Transfer
Fee
Variable Fees
Processing Time
Depends on the payment method; some local channels may be faster
Minimum Purchase Amount
Starting from approx. 1–10 USD
Supported Regions
Subject to local payment channel support
Three Simple Steps to Buy FRIC on LBank
How to Buy FRIC on LBank: Payment Methods Overview
Explore the available payment methods for buying FRIC on LBank, including credit card, debit card, bank transfer, Apple Pay, Google Pay, PayPal, and P2P, to quickly choose the most suitable way to buy FRIC.
Credit / Debit Card
Processing Time: Usually within 1 minute; up to 48 hours
Use a Visa/Mastercard that supports international online transactions and ensure 3D Secure is enabled; if it fails, try a different card or try again later
Common Reasons for Failure: The issuing bank declined the cryptocurrency transaction; insufficient balance; 3D Secure verification failed; risk control interception; or region/card network not supported
Bank Transfer / Local Transfer
Processing Time: Instant or 1–3 Business Days
Verify the receiving account, reference code, and transfer network, and use a bank account consistent with your identity verification
Common Reasons for Failure: Incorrect receiving information or reference code; name mismatch; bank processing delay; or unsupported transfer network
What Do You Need to Prepare Before Buying FRIC (FRIC) on LBank?
Check the preparations required before buying FRIC (FRIC) on LBank, including account registration, identity verification (KYC), payment methods, regional availability, and pre-purchase precautions to help you smoothly complete the BTC purchase process.
Suitable for
Users who want to quickly buy FRIC with fiat
Before You Buy: Checklist
Register and log in to your account
Complete required KYC
Prepare payment method
Confirm regional availability，Check limits / fees / processing time
User Path
Buy Crypto
How to Buy FRIC on LBank – Step-by-Step Guide
Before you begin, decide how you’d like to pay:
Pay with fiat
If you're new to crypto, using fiat currency (such as USD, EUR, etc.) is the easiest way to buy FRIC. LBank supports various payment methods, including debit cards, credit cards, bank transfers, and other local payment options where available. You may need to fund your LBank account before making a purchase.
Pay with other cryptocurrencies
If you already hold other cryptocurrencies, you can trade them for FRIC on LBank. Please make sure that LBank supports the trading pair you need (e.g., Bitcoin (BTC)). LBank offers a wide range of trading pairs, allowing you to conveniently convert your existing crypto into FRIC.
LBank supports multiple payment methods
You can use the following payment methods to purchase FRIC on LBank:
Mobile app guide
1
Open the LBank mobile app and tap “Buy Crypto”
2
Select “Buy”
3
Choose , enter the fiat currency you want to use, input the amount, then tap “Buy” or “Confirm”
Desktop guide
1
Log in to LBank on your desktop browser and click the “One-Click Buy” option.
2
Under the “One-Click Buy” tab:
(a). Choose the fiat currency you want to use
(b). Select the FRIC you want to purchase
(c). Enter an amount or use quick-select options (e.g., 100, 200, 500, max)
(d). Choose your payment method
(e). Click “Confirm” or “Buy now”
P2P Trading
Merchant | Price | Amount ｜ Limit | Payment Method | Action |
|---|---|---|---|---|
ON ONLY-MALAYSAN-MYR 691 min | 95.45% | 1.000 USD | 3366.47 USDT 10.000 - 3000.000USD | Bank Transfer | |
MA MALAYSIAN MYR_KING 1068 min | 100% | 1.000 USD | 1237.76 USDT 10.000 - 1237.760USD | Bank Transfer | |
PO Ponreay_FX 994 min | 100% | 1.001 USD | 2533.64 USDT 10.000 - 2536.173USD | Wing Money True Money (Cambodia) Bank Transfer (Cambodia) ABA (Cambodia) |
What is FRIC (FRIC)?
The crypto project associated with the token FRIC is primarily known as Frictionless, a decentralized network built on the Ethereum blockchain. The project is designed to operate as a non-custodial peer-to-peer and over-the-counter exchange platform. Its core objective is to facilitate the secure and efficient transfer of digital assets through the use of escrow smart contracts. A key feature of the Frictionless platform is its focus on mitigating price impact during large-scale asset transfers. By allowing users to trade directly with one another in a trustless environment, the network aims to prevent the market volatility that often occurs when significant volumes are traded on traditional centralized or decentralized exchanges. This makes it a specialized tool for project teams and institutional investors who need to manage treasuries or vesting schedules without negatively affecting the value of their holdings. The FRIC token acts as the central utility and governance asset for the Frictionless ecosystem. Within the platform, the token is used to grant access to various services and to secure on-chain transfers. Token holders have the ability to participate in governance by proposing and voting on project developments and platform listings. Furthermore, the ecosystem utilizes a tiered system where holding a certain amount of the token can lead to benefits such as reduced transaction fees, access to advanced features, and participation in exclusive platform offerings. The project emphasizes transparency and security, featuring a team that has shared their professional backgrounds and an advisory board with members from established blockchain brands. They have also entered into various partnerships with other decentralized protocols to expand the reach of their exchange tools. It is important to note that there is also a meme-focused token with the same ticker symbol that operates on the Solana blockchain. However, the Solana-based version is primarily a community-driven asset and does not share the technical infrastructure or the over-the-counter exchange utility of the Ethereum-based Frictionless project. The Ethereum project remains focused on building Web3 infrastructure to improve the efficiency of asset distribution and liquidity management across the broader digital economy. Learn more
Is FRIC (FRIC) a good investment?
Whether FRIC (FRIC) is a good investment depends on your personal financial situation and risk tolerance. Cryptocurrency investments are speculative and can be highly volatile.
Before investing in FRIC (FRIC) or any cryptocurrency, consider the following:
Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
Cryptocurrencies are best suited for long-term investors. Disclaimer: This is not financial advice. Please do thorough research before making any investment decisions.
Fees, limits, and processing time for buying FRIC on LBank
Compare fees, transaction limits, and estimated processing times across different payment methods. Actual fees and availability may vary by region, fiat currency, payment method, and third-party providers. Please refer to the order page for final details.
ROI calculator
If I invest, how much profit will I make?
Invest
$
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Date
2026-06-03
You will earn $-- in profit, with an ROI of --
What can you do with FRIC (FRIC)?
Investment
Buy and hold FRIC (FRIC), expecting its value to increase over time.
Trade
Actively trade FRIC (FRIC) on LBank to profit from price fluctuations.
Pay
Use FRIC (FRIC) to pay for goods and services where accepted.
Why is LBank the best platform to buy FRIC (FRIC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling FRIC (FRIC).
Competitive fees
LBank provides competitive trading fees for FRIC (FRIC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for FRIC (FRIC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade FRIC (FRIC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for FRIC (FRIC) trading, ensuring you can easily buy and sell your crypto assets.
Regulatory compliance
LBank complies with all regulatory requirements in the jurisdictions where it operates to ensure a compliant and secure trading environment
After buying FRIC, what is the best way to store it?
After buying FRIC, you can choose a storage method based on your usage frequency, holding period, and security needs. If you need to trade at any time, you can store it in your LBank account. If you prioritize self-custody or long-term security, consider using a personal wallet or a hardware wallet.
Store in your LBank account
Suitable for
Users who want to trade or convert at any time
Short-term BTC holders
Features
Ready to use immediately after purchase; easier to use
Ideal for frequent trading, conversions, or using platform features
Security Alert
Please enable 2FA
Please set an anti-phishing code
Only log in through official channels
Transfer to a personal hot wallet
Suitable for
Users who want to manage their own assets
Users who need daily transfers or on-chain usage
Features
More flexible; convenient for daily transfers and management
Better suited for small holdings and everyday use
Security Alert
Do not store seed phrases or private keys in the cloud
Do not save sensitive information via chat tools, email, or screenshots
Stay alert for phishing websites and fake wallet apps
Transfer to a hardware wallet
Suitable for
Long-term BTC holders
High-value holders who prioritize security
Features
Private keys are stored offline, offering enhanced security
Ideal for long-term storage of infrequently moved assets
Security Alert
Securely back up seed phrases offline
Never disclose your recovery phrase to anyone
Assets may be irrecoverable if the seed phrase is lost
FRIC (FRIC) FAQ
No, they are entirely distinct projects that happen to share the same ticker. The Ethereum-based FRIC (Frictionless Network) is a DeFi utility platform designed for peer-to-peer and OTC trading. In contrast, the Solana-based fric is a community-led meme coin. It is essential for traders to verify the contract address and blockchain network on LBank or other platforms before initiating a trade to ensure they are selecting the intended asset.
The $FRIC token serves as the backbone of the Frictionless ecosystem. Its primary utilities include governance participation, where holders can vote on project listings and protocol updates. Additionally, the token offers a tiered fee discount system for users of its P2P exchange and grants access to specialized subscription models for institutional features. The project generates revenue through platform transaction fees, supporting long-term sustainability.
Frictionless Network differs from standard decentralized exchanges by using a P2P and OTC 'Offer-Wall' instead of traditional liquidity pools. By utilizing escrow smart contracts, traders can execute high-volume deals directly at a fixed price. This method allows project treasuries and large-scale traders to swap assets without causing slippage or crashing the public market price.
To build trust within the DeFi space, the Frictionless Network team is doxxed, meaning their identities are public. They also work with an advisory board featuring members with experience in leading security and blockchain labs. The use of audited escrow smart contracts for their decentralized exchange ensures that assets are handled securely during peer-to-peer transactions.
Fric the Frog is a community-driven meme coin within the Solana ecosystem. It is characterized by typical meme tokenomics, which often include a zero-tax structure on buy and sell transactions. Community safety is a major focus, with common practices involving the burning of liquidity and renouncing contract ownership to ensure the project remains decentralized and resistant to common developer-led risks.
Both versions of the token are available on various trading platforms. The Ethereum-based Frictionless Network token can be found on LBank and decentralized exchanges that support ERC-20 assets. The Solana-based fric meme coin is available on LBank as well as Solana-specific decentralized trading protocols. Always ensure you are using the correct network—Ethereum or Solana—when managing your assets to avoid loss of funds.
