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 Universal Basic Income (UBI) on LBank
Learn how to buy Universal Basic Income (UBI) 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 UBI on LBank
How to Buy UBI on LBank: Payment Methods Overview
Explore the available payment methods for buying UBI 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 UBI.
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 Universal Basic Income (UBI) on LBank?
Check the preparations required before buying Universal Basic Income (UBI) 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 UBI 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 Universal Basic Income 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 Universal Basic Income. 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 Universal Basic Income 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 Universal Basic Income.
LBank supports multiple payment methods
You can use the following payment methods to purchase Universal Basic Income 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 Universal Basic Income 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 |
|---|---|---|---|---|
MY MYR_reyfast 501 min | 100% | 0.999 USD | 402.56 USDT 20.000 - 402.157USD | Bank Transfer | |
ON ONLY-MALAYSAN-MYR 691 min | 91.3% | 1.000 USD | 3443.93 USDT 10.000 - 3000.000USD | Bank Transfer | |
AM Amanah rizki 865 min | 100% | 1.000 USD | 447.08 USDT 10.000 - 447.000USD | ABA (Cambodia) |
What is Universal Basic Income (UBI)?
The term Universal Basic Income (UBI) in the crypto and Web3 space refers to various projects aiming to deliver regular, unconditional payments using blockchain technology. The overarching goal of these initiatives is to foster financial inclusion, ensure transparent distribution, and reduce administrative costs associated with traditional UBI systems. A common challenge for these projects is implementing robust anti-Sybil mechanisms to verify unique human users and prevent fraudulent claims. One specific token is also called Universal Basic Income, or UBI. This token is associated with the Proof of Humanity registry, an identity verification system built on the Ethereum blockchain. Individuals who are verified as unique humans through this registry can receive a continuous stream of UBI tokens directly to their Ethereum address. The UBI token also grants governance power within its Decentralized Autonomous Organization (DAO), where verified humans participate in decisions. Initially, the token was designed to accrue at a rate of one UBI per hour. Another project in this space is GoodDollar, a non-profit protocol founded by eToro's CEO, Yoni Assia. GoodDollar aims to address wealth inequality by distributing a digital token called G$ daily to anyone with an internet connection who can prove their unique identity. The protocol operates on a reserve-backed model, where interest generated from staked stablecoins helps fund the daily distribution of G$ tokens. GoodDollar functions across multiple blockchain networks, including Celo and Fuse, to enhance accessibility. Circles UBI is another distinct protocol, deployed on the Gnosis Chain. It enables users to mint their own personalized tokens, known as CRC, at a consistent rate, typically one CRC per hour. This system relies on a "web of trust" to establish and verify human identities and facilitate token distribution. Circles UBI also incorporates a mechanism where token balances gradually diminish over time, designed to encourage spending and discourage hoarding. Furthermore, UBI Network is a project focused on democratizing access to Web3 infrastructure, particularly in decentralized physical infrastructure networks (DePIN) and artificial intelligence. It provides a platform that allows non-technical users to run mining nodes using their idle devices and earn project points. These points can then be exchanged for token incentives, positioning UBI Network as an entry point for broader participation in Web3 mining activities. Learn more
Is Universal Basic Income (UBI) a good investment?
Whether Universal Basic Income (UBI) 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 Universal Basic Income (UBI) 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 UBI 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
2026-06-01
You will earn $-- in profit, with an ROI of --
What can you do with Universal Basic Income (UBI)?
Investment
Buy and hold Universal Basic Income (UBI), expecting its value to increase over time.
Trade
Actively trade Universal Basic Income (UBI) on LBank to profit from price fluctuations.
Pay
Use Universal Basic Income (UBI) to pay for goods and services where accepted.
Why is LBank the best platform to buy Universal Basic Income (UBI)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Universal Basic Income (UBI).
Competitive fees
LBank provides competitive trading fees for Universal Basic Income (UBI).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Universal Basic Income (UBI).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Universal Basic Income (UBI) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Universal Basic Income (UBI) 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 UBI, what is the best way to store it?
After buying UBI, 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
Universal Basic Income (UBI) FAQ
UBI in cryptocurrency applies an innovative approach to providing a steady income by leveraging blockchain technology for distribution. It aims to provide regular, unconditional sums of money regardless of employment, background, or financial condition. Operating on a decentralized platform, it democratizes access to a fundamental economic safety net through digital means.
Security and distribution are multifaceted. A crucial component is the Proof of Humanity registry, an anti-Sybil attack mechanism verifying identities to prevent fraud. The UBI token is streamed directly to an Ethereum address once an individual is verified as human in this registry. This establishes a fair, ongoing, and secure distribution model, ensuring tokens reach legitimate recipients without exploits.
UBI tokens serve various purposes. They can be used for trading, allowing users to buy low and sell high based on market dynamics. Staking is another key use, enabling users to generate additional income by participating in the network's security and operations. Furthermore, UBI tokens provide universal access to liquidity, allowing recipients to convert them into other currencies or assets for financial flexibility.
The UBI token's value is derived from its innovative fair distribution system, fundamentally tied to human time. Its supply and intrinsic value are bound by natural limiting factors: the finite nature of time (24 hours in a day) and the global human population. This unique model grounds its value in fundamental human existence and participation, rather than speculative or purely economic factors.
The UBI token relies on the Proof of Humanity registry, which is deployed on the Ethereum mainnet. Ethereum is chosen due to its robust anti-Sybil attack properties, making it highly effective for identity verification and enabling more decentralized applications (dApps) to utilize it. The UBI token contract has been optimized to reduce gas fees, and the consistent UBI distribution is intended to help compensate token holders for these transaction costs.
To earn UBI staking rewards, users must hold UBI tokens in a compatible non-custodial wallet and stake them via the official dApp interface. Reward allocation is dynamic, based on stake size, an active multiplier influenced by lock duration, and the total UBI staked across the network. Beyond rewards, UBI tokens are also governance tokens, granting voting power that can influence future token emissions and project decisions, providing participants with direct influence.
