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 interBTC (IBTC) on LBank
Learn how to buy interBTC (IBTC) 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 IBTC on LBank
How to Buy IBTC on LBank: Payment Methods Overview
Explore the available payment methods for buying IBTC 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 IBTC.
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 interBTC (IBTC) on LBank?
Check the preparations required before buying interBTC (IBTC) 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 IBTC 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 interBTC 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 interBTC. 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 interBTC 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 interBTC.
LBank supports multiple payment methods
You can use the following payment methods to purchase interBTC 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 interBTC 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 |
|---|---|---|---|---|
RE REYZALDI EX 1053 min | 100% | 0.999 USD | 160.00 USDT 20.000 - 150.000USD | Bank Transfer | |
MY MYR_ DUITNOW_MYR 862 min | 100% | 1.000 USD | 228.99 USDT 100.000 - 228.990USD | Bank Transfer | |
MA MALAYSIAN MYR_KING 855 min | 100% | 1.000 USD | 644.83 USDT 10.000 - 634.000USD | Bank Transfer |
What is interBTC (IBTC)?
interBTC, also known as IBTC, is a Web3 project designed to bring Bitcoin to the multi-chain ecosystem. Its primary function is to enable the use of Bitcoin on various blockchain platforms beyond its native network, such as Polkadot, Ethereum, Cosmos, and others. The token IBTC is a 1:1 Bitcoin-backed asset. This means that each IBTC token represents an equivalent amount of Bitcoin held in reserve. The project aims to facilitate Bitcoin's participation in decentralized finance (DeFi), cross-chain transfers, and other applications, thereby expanding Bitcoin's utility. interBTC operates as a collateralized and permissionless Bitcoin bridge, built upon a framework called XCLAIM. This framework is a trustless protocol for cross-chain wrapped assets. Security for interBTC is maintained by a decentralized network of "Vaults." These Vaults lock collateral in various digital assets to secure the Bitcoin that is locked to issue IBTC. If a Vault fails to perform its duties correctly, its collateral can be slashed, and users are reimbursed, providing a form of insurance for the locked Bitcoin. A key aspect of interBTC is its commitment to being trustless and decentralized. Anyone can become a Vault operator, and the minting process for IBTC is designed to be non-interactive and resistant to censorship. The system also utilizes a BTC-Relay component to verify transactions on the Bitcoin blockchain. Developed by the Interlay Network team, co-founded by Alexei Zamyatin and Dominik Harz, interBTC was initially launched as a parachain on the Polkadot network. The project has plans for broader integration across other significant blockchain networks. Holders of IBTC are guaranteed to be able to redeem their tokens for the equivalent amount of Bitcoin or receive reimbursement in collateral if there is a system failure. Learn more
Is interBTC (IBTC) a good investment?
Whether interBTC (IBTC) 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 interBTC (IBTC) 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 IBTC 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
$
Enter
Date
2026-05-28
You will earn $-- in profit, with an ROI of --
What can you do with interBTC (IBTC)?
Investment
Buy and hold interBTC (IBTC), expecting its value to increase over time.
Trade
Actively trade interBTC (IBTC) on LBank to profit from price fluctuations.
Pay
Use interBTC (IBTC) to pay for goods and services where accepted.
Why is LBank the best platform to buy interBTC (IBTC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling interBTC (IBTC).
Competitive fees
LBank provides competitive trading fees for interBTC (IBTC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for interBTC (IBTC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade interBTC (IBTC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for interBTC (IBTC) 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 IBTC, what is the best way to store it?
After buying IBTC, 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
interBTC (IBTC) FAQ
iBTC is a trustless Bitcoin-backed asset designed to extend Bitcoin's utility across various blockchain ecosystems, including Polkadot, Ethereum, and Cosmos. It is fully collateralized, interoperable, and censorship-resistant, empowering users to invest, pay, and earn with their BTC within the multi-chain DeFi landscape.
iBTC maintains a strict 1:1 peg with BTC, ensuring there's never more iBTC than the Bitcoin held in reserve. This peg is secured by a decentralized network of vaults that lock BTC in 2-of-2 multisig vaults on Layer 1. Chainlink Proof of Reserve (PoR) continuously verifies these reserves, and attestors prevent over-minting. Misbehaving vaults face collateral slashing, with users being reimbursed to safeguard the peg.
iBTC stands out by emphasizing decentralization and economic trustlessness. Anyone can become a Vault operator without permission, ensuring the bridge's censorship resistance. Security is bolstered by requiring Vault operators to over-collateralize their positions and cryptographically prove correct redemptions. iBTC strives to be a truly decentralized and economically trustless BTC bridge, securing assets through collateral insurance.
iBTC prioritizes security through multiple layers. BTC is held in 2-of-2 multisig vaults, requiring co-signatures from vetted merchants and a decentralized Attestor Network, thus removing single points of failure. The system uses FROST for efficient transactions and Chainlink PoR for real-time reserve verification. Smart contract risks are mitigated by using PSBTs for minting, avoiding Bitcoin-side smart contracts, and regularly auditing Ethereum contracts. The locked BTC is also insured, and users are reimbursed in case of vault failure.
iBTC unlocks diverse decentralized finance opportunities for Bitcoin holders. Users can seamlessly swap, lend, and borrow against their BTC, or create leveraged positions across various blockchains. It enables active participation in DeFi activities on leading networks such as Polkadot, Ethereum, and other major Layer 1 ecosystems, bringing Bitcoin's liquidity to the multi-chain world.
Individuals can acquire iBTC by swapping BTC or stablecoins on decentralized exchanges (DEXs). Institutions and merchants have the option to "self-wrap" their BTC into iBTC through multisig vaults. Once obtained, iBTC offers flexibility for use as collateral, trading, or generating passive income across a variety of blockchain platforms.
