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 Squid Game (SQUID) on LBank
Learn how to buy Squid Game (SQUID) 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 SQUID on LBank
How to Buy SQUID on LBank: Payment Methods Overview
Explore the available payment methods for buying SQUID 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 SQUID.
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 Squid Game (SQUID) on LBank?
Check the preparations required before buying Squid Game (SQUID) 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 SQUID 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 Squid Game 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 Squid Game. 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 Squid Game 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 Squid Game.
LBank supports multiple payment methods
You can use the following payment methods to purchase Squid Game 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 Squid Game 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 |
|---|---|---|---|---|
LO Loyalty_Trader 993 min | 100% | 0.936 USD | 3800.00 USDT 500.000 - 3500.000USD | Bank Transfer | |
YY YYDS_Trader 953 min | 100% | 0.936 USD | 4284.44 USDT 500.000 - 4000.000USD | Bank Transfer | |
MY MYR_ DUITNOW_MYR 1196 min | 100% | 1.000 USD | 1114.64 USDT 100.000 - 1000.000USD | Bank Transfer |
What is Squid Game (SQUID)?
The cryptocurrency project known as Squid Game (SQUID) has a notable history, primarily recognized for an initial fraudulent phase and a subsequent attempt at revitalization. The original Squid Game (SQUID) token, often referred to as V1, emerged as a meme coin on the BNB Smart Chain. It was heavily inspired by the popular Netflix series "Squid Game" but had no official affiliation with the show. This initial version was marketed as a "play-to-earn" game, enticing investors with the promise of earning rewards through online gameplay. However, it quickly gained infamy as a "rug pull" scam. The developers implemented mechanisms that prevented most users from selling their tokens, and eventually abandoned the project, taking investor funds with them. This left many investors with significant losses. Following this event, a new iteration, Squid Game V2 Token (SQUID), was launched. This version is presented as an upgrade designed to address the vulnerabilities of the original contract. It is described as community-owned and leaderless, with its development driven by volunteers. The project aims for secure cross-chain interoperability and growth, utilizing OFTV2 technology to enable seamless functionality across various blockchains, including BNB Smart Chain, Base Chain, and Tron Network. The V2 project emphasizes decentralization, without a central founding team, and is steered by its community. It is important to reiterate that neither the original nor the current SQUID crypto project is affiliated with the official Netflix series. There are also other unrelated "Squid Game" themed projects, such as games on the Roblox platform. Learn more
Is Squid Game (SQUID) a good investment?
Whether Squid Game (SQUID) 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 Squid Game (SQUID) 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 SQUID 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
SQUIDDate
2026-06-04
You will earn $-- in profit, with an ROI of --
What can you do with Squid Game (SQUID)?
Investment
Buy and hold Squid Game (SQUID), expecting its value to increase over time.
Trade
Actively trade Squid Game (SQUID) on LBank to profit from price fluctuations.
Pay
Use Squid Game (SQUID) to pay for goods and services where accepted.
Why is LBank the best platform to buy Squid Game (SQUID)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Squid Game (SQUID).
Competitive fees
LBank provides competitive trading fees for Squid Game (SQUID).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Squid Game (SQUID).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Squid Game (SQUID) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Squid Game (SQUID) 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 SQUID, what is the best way to store it?
After buying SQUID, 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
Squid Game (SQUID) FAQ
The Squid Game (SQUID) token was a cryptocurrency launched in October 2021, falsely promoted as a "play-to-earn" token for an upcoming online game inspired by the popular Netflix series "Squid Game".
Yes, the Squid Game (SQUID) token was a confirmed "rug pull" scam. Its value plummeted to near zero after its anonymous creators drained liquidity, leaving investors with worthless tokens.
The scam functioned by preventing investors from selling their tokens. Its smart contract was coded to allow only the creators to sell, enabling them to cash out significant funds while others were locked in. It was marketed with the promise of earning "Marbles" to sell SQUID, but this mechanism was unclear and served as a trap to encourage buying. Creators leveraged the hype of the popular show to attract investors, leading to a dramatic increase in the token's perceived value before its collapse.
Key red flags included investors being unable to sell their tokens, a critical indicator of a scam. The project's whitepaper and website contained numerous errors and unverifiable claims. Despite using the "Squid Game" name, Netflix denied any affiliation. The development team remained anonymous, and their social media channels often restricted comments. The token also experienced an astronomical and unsustainable increase in perceived value in a very short period.
Investors collectively lost significant funds as the anonymous creators drained liquidity, rendering the tokens purchased by many participants nearly worthless. The scam resulted in a substantial financial blow to those who invested in the fraudulent project.
Yes, a Squid Game V2 Token exists, claiming to be an upgraded, community-owned, and leaderless project focused on secure cross-chain interoperability. However, LBank notes this version is "ostensibly run by the community after the initial rugging allegations" and explicitly states it is not affiliated with the official Netflix intellectual property. Potential users are strongly advised to perform thorough due diligence.
