ICON (ICX)

How to Buy ICON (ICX) on LBank

Learn how to buy ICON (ICX) 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

Credit / Debit Card

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
Bank Transfer / Local Transfer

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 ICX on LBank

Register an LBank account

How to Buy ICX on LBank: Payment Methods Overview

Explore the available payment methods for buying ICX 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 ICX.

Credit / Debit Card
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
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 ICON (ICX) on LBank?

Check the preparations required before buying ICON (ICX) 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 ICX 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 ICON 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 ICON. 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 ICON 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 ICON.

LBank supports multiple payment methods

You can use the following payment methods to purchase ICON on LBank:

Debit card
Credit / Debit Card
PayPal
Apple Pay
Google Pay

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 ICON 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
1181 min | 100%
0.918 USD
7218.63 USDT
500.000 - 6626.702USD
Bank Transfer
YY
YYDS_Trader
793 min | 100%
0.918 USD
2000.00 USDT
400.000 - 1800.000USD
Bank Transfer
AM
AMG_Trading
657 min | 100%
0.918 USD
6093.37 USDT
217.860 - 5593.713USD
Bank Transfer

What is ICON (ICX)?

ICON is a decentralized blockchain network designed to facilitate interoperability between different blockchain ecosystems. Launched by the ICON Foundation, the project aims to create a digital nation where various independent blockchains can communicate and share information seamlessly. This approach is often referred to as connecting the dots, representing a hub-and-spoke model where ICON serves as the central hub for disparate networks. At the heart of the ICON network is the Blockchain Transmission Protocol, or BTP. This is a decentralized interoperability solution that allows for trustless communication between heterogeneous blockchains. Unlike many traditional bridge solutions that rely on centralized parties or specific validator sets, BTP uses smart contracts to verify transactions directly on the destination chain. This ensures that assets and data can be moved between chains like Ethereum, Polkadot, and others without sacrificing security or decentralization. The network utilizes a consensus mechanism known as Loop Fault Tolerance, which is a variation of the Byzantine Fault Tolerance algorithm. This mechanism allows the network to process transactions quickly and achieve near-instant finality. Governance of the network is handled by Public Representatives, often called P-Reps, who are elected by the community. These representatives are responsible for validating transactions and making decisions regarding the technical and economic development of the platform. The native utility token of the project is ICX. It plays a critical role in the ecosystem by serving as the primary currency for paying transaction fees. It is also used in the staking process, where users delegate their tokens to P-Reps to help secure the network and participate in governance. Through staking, users can influence the direction of the project and receive rewards for their contribution to the network security. ICON has a strong focus on real-world adoption, particularly through decentralized identity solutions and enterprise partnerships. Its infrastructure supports a wide range of decentralized applications, including finance, gaming, and social media platforms. By bridging the gap between isolated blockchains, ICON strives to build a hyperconnected world where decentralized technology is integrated into daily life and enterprise operations. Learn more

Is ICON (ICX) a good investment?

Whether ICON (ICX) 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 ICON (ICX) or any cryptocurrency, consider the following:

Your financial goals
Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
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 ICX 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
ICX
Date
2026-06-08
You will earn $-- in profit, with an ROI of --

What can you do with ICON (ICX)?

Investment
Buy and hold ICON (ICX), expecting its value to increase over time.
Investment
Trade
Actively trade ICON (ICX) on LBank to profit from price fluctuations.
Trade
Pay
Use ICON (ICX) to pay for goods and services where accepted.
Pay

Why is LBank the best platform to buy ICON (ICX)?

User-friendly interface
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling ICON (ICX).
Competitive fees
Competitive fees
LBank provides competitive trading fees for ICON (ICX).
Secure platform
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
Diverse trading pairs
LBank offers a wide range of trading pairs for ICON (ICX).
24/7 customer support
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Mobile app
Trade ICON (ICX) anytime, anywhere using the LBank mobile app.
High liquidity
High liquidity
LBank offers excellent liquidity for ICON (ICX) trading, ensuring you can easily buy and sell your crypto assets.
Regulatory compliance
Regulatory compliance
LBank complies with all regulatory requirements in the jurisdictions where it operates to ensure a compliant and secure trading environment

After buying ICX, what is the best way to store it?

After buying ICX, 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

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

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

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 ICON (ICX)

More

ICON (ICX) FAQ

Yes, ICON is undergoing a significant rebrand. In May 2025, the ICON Foundation announced its transformation to Soda Xchange (SODAX). This strategic shift repositions the project from primarily being a standalone Layer 1 blockchain to becoming a vertically integrated cross-chain DeFi hub. The new brand signifies a broadened focus on facilitating seamless decentralized finance interactions across multiple blockchain networks, aiming to enhance interoperability and user experience within the broader Web3 ecosystem. This evolution marks its most significant transformation since its inception in 2017.
ICON is migrating its core hub infrastructure to the Sonic blockchain, a high-performance EVM Layer 1 network. The primary reasons for this move are to capitalize on Sonic’s advanced capabilities, including its sub-second finality and superior scalability, which can significantly improve transaction speeds and network efficiency. Additionally, this migration aims to reduce the substantial operational costs associated with maintaining ICON’s native Layer 1 blockchain, known as loopchain. By leveraging Sonic’s robust infrastructure, the project can focus more resources on development and innovation for the new Soda Xchange (SODAX) hub.
Your ICX tokens will be replaced by a new token called $SODA as part of the rebrand. The migration will occur at a 1:1 ratio, meaning one ICX token will convert to one $SODA token. A test migration phase commenced in September 2025, allowing both ICX and BALN, the token for the Balanced DeFi protocol, to be eligible for this conversion. A key change with $SODA is its tokenomics; unlike ICX, which previously had an inflationary model, $SODA will feature a fixed supply of 1.5 billion tokens, providing a predictable monetary policy for the new Soda Xchange ecosystem.
You can continue to earn staking rewards by delegating your ICX to Public Representatives (P-Reps) using the Hana Wallet or the ICON Community Tracker. This process helps secure the network and rewards participants. During the ongoing transition period to Soda Xchange (SODAX), staking rewards are still being distributed on the existing ICON chain. The system will continue in this manner until the full migration to $SODA token staking is completely live and operational within the new Sonic Chain ecosystem, at which point the new staking mechanisms will be introduced.
ICON is recognized as a crucial "interoperability layer" within the Web3 landscape. Its flagship product, xCall (General Message Passing), enables decentralized applications (dApps) to seamlessly exchange data and assets across various distinct blockchains, such as Ethereum, Solana, Sui, and Avalanche. This eliminates the need for complex and often fragmented individual bridges for each cross-chain connection. By providing a universal communication standard, ICON, through its upcoming Soda Xchange iteration, aims to foster a more connected and efficient multi-chain environment, simplifying development and enhancing user experience for Web3 applications.
The ICON ecosystem features several prominent decentralized applications. Balanced serves as the flagship DeFi platform, offering cross-chain swaps and collateralized loans, and is slated for integration into the new Soda Xchange (SODAX) brand. Hana Wallet is the primary multi-chain wallet, supporting connectivity across various blockchain networks including Ethereum, Cosmos, and Polkadot, and is essential for interacting with the ecosystem. Additionally, Omm operates as a money market protocol, enabling users to lend and borrow digital assets. These applications form the core utility and engagement points for the community.

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