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 USD1 [Old] (USD1) on LBank
Learn how to buy USD1 [Old] (USD1) 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 USD1 on LBank
How to Buy USD1 on LBank: Payment Methods Overview
Explore the available payment methods for buying USD1 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 USD1.
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 USD1 [Old] (USD1) on LBank?
Check the preparations required before buying USD1 [Old] (USD1) 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 USD1 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 USD1 [Old] 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 USD1 [Old]. 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 USD1 [Old] 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 USD1 [Old].
LBank supports multiple payment methods
You can use the following payment methods to purchase USD1 [Old] 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 USD1 [Old] 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 | 91.3% | 1.000 USD | 3091.93 USDT 10.000 - 3000.000USD | Bank Transfer | |
MA MALAYSIAN MYR_KING 814 min | 95.65% | 1.000 USD | 1693.26 USDT 10.000 - 1693.260USD | Bank Transfer | |
BA Bayon KH 563 min | 100% | 1.002 USD | 4362.41 USDT 10.000 - 1000.000USD | Wing Money Bank Transfer (Cambodia) ABA (Cambodia) |
What is USD1 [Old] (USD1)?
The token 'USD1 [Old]' primarily refers to a stablecoin within the Kinesis ecosystem. This digital currency is designed to be pegged 1:1 to the US dollar. It operates on both the Stellar and ERC-20 blockchains, aiming to facilitate secure, fast, and cost-effective transactions. The Kinesis USD1 is noted for being fully backed by reserves and providing institutional-grade security and transparency through monthly attestations. It is an integral part of the Kinesis platform and is issued and managed by Kinesis Global Pty Ltd. The issuer indicates that, under Australian law, this token is not intended to function as a payment mechanism, financial product, or investment instrument, but rather to offer stability within decentralized ecosystems. Notably, this version of USD1 has been rebranded to Currency One USD (C1USD) and has undergone a migration to a new contract. Separately, the 'USD1' token symbol is also prominently associated with a stablecoin launched in March 2025 by World Liberty Financial (WLFI). This project is backed by US Treasuries, cash, and deposits, with reserves managed by BitGo. It aims to maintain a 1:1 peg with the US dollar and operates across multiple blockchain networks, including Ethereum, BNB Chain, and TRON, with future plans for expansion to others like Solana and Aptos. World Liberty Financial's USD1 is primarily designed for institutional use cases, such as cross-border payments, treasury management, and integration within decentralized finance (DeFi) protocols, rather than being targeted at retail investors. World Liberty Financial, the entity behind this USD1, was founded in 2024 and has ties to the Trump family. This project emphasizes its role in bridging traditional finance with the crypto space, offering features like zero-fee minting and redemption, and focusing on compliance and transparency through its reserve management strategy. The ecosystem also includes a governance token, WLFI, which can be purchased using USD1. Learn more
Is USD1 [Old] (USD1) a good investment?
Whether USD1 [Old] (USD1) 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 USD1 [Old] (USD1) 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 USD1 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 USD1 [Old] (USD1)?
Investment
Buy and hold USD1 [Old] (USD1), expecting its value to increase over time.
Trade
Actively trade USD1 [Old] (USD1) on LBank to profit from price fluctuations.
Pay
Use USD1 [Old] (USD1) to pay for goods and services where accepted.
Why is LBank the best platform to buy USD1 [Old] (USD1)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling USD1 [Old] (USD1).
Competitive fees
LBank provides competitive trading fees for USD1 [Old] (USD1).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for USD1 [Old] (USD1).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade USD1 [Old] (USD1) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for USD1 [Old] (USD1) 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 USD1, what is the best way to store it?
After buying USD1, 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
Learn more about USD1 [Old] (USD1)
MoreUSD1 [Old] (USD1) FAQ
USD1 is a fiat-backed stablecoin designed to maintain a 1:1 value with the US dollar. Each USD1 token is intended to be exchanged for one actual dollar. Its stability is achieved through backing by real-world assets like US dollars, short-term US Treasury bills, and cash equivalents. These reserves are held securely by BitGo, a regulated custody provider, and are subject to regular audits.
USD1's reserves, consisting of cash deposits, short-term US Treasury securities, and cash equivalents, are securely managed by BitGo Trust Company, a regulated trust entity. World Liberty Financial Inc. (WLFI), the issuing body, manages USD1's reserves and strategy. The project also plans for independent third-party audits and quarterly reserve reports, and has introduced Chainlink's Proof of Reserve (PoR) mechanism for real-time verification of reserves.
USD1 distinguishes itself through its focus on institutional users, its strong political ties (being linked to Donald Trump), and a fee-free minting and redemption process. It also emphasizes regulatory compliance and uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) for secure transfers across multiple blockchains.
Potential risks include regulatory changes, counterparty risk related to BitGo Trust Company and World Liberty Financial Inc.'s (WLFI's) operations, limited liquidity compared to established stablecoins, and political controversy due to its ties to Donald Trump, which could raise concerns about regulatory neutrality and long-term adoption.
At its early stage, USD1 was available on small decentralized exchange pools and a major crypto exchange, with plans for broader exchange listings.
USD1 does not have a specified maximum supply, as its supply mechanism is designed to be responsive to market demand, with tokens minted or redeemed based on user deposits and withdrawals to maintain its 1:1 peg.
