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 MAI (Fantom) (MIMATIC) on LBank
Learn how to buy MAI (Fantom) (MIMATIC) 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 MIMATIC on LBank
How to Buy MIMATIC on LBank: Payment Methods Overview
Explore the available payment methods for buying MIMATIC 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 MIMATIC.
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 MAI (Fantom) (MIMATIC) on LBank?
Check the preparations required before buying MAI (Fantom) (MIMATIC) 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 MIMATIC 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 MAI (Fantom) 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 MAI (Fantom). 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 MAI (Fantom) 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 MAI (Fantom).
LBank supports multiple payment methods
You can use the following payment methods to purchase MAI (Fantom) 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 MAI (Fantom) 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 |
|---|---|---|---|---|
18 180-fast24x7 838 min | 100% | 1.000 USD | 10.00 USDT 10.000 - 10.000USD | Bank Transfer | |
SU SUPER FAST BUY-SELLR 843 min | 100% | 1.000 USD | 163.06 USDT 1.000 - 163.060USD | Bank Transfer | |
BA Bayon KH 120 min | 100% | 1.003 USD | 85.04 USDT 10.000 - 85.295USD | Wing Money Bank Transfer (Cambodia) ABA (Cambodia) |
What is MAI (Fantom) (MIMATIC)?
MAI (MIMATIC) is a Web3 project centered around an overcollateralized stablecoin. It functions as an open-source and non-custodial stable protocol, allowing users to extract value from priced assets. MAI is designed to maintain a soft peg to the US Dollar at a 1:1 ratio, providing stability in the cryptocurrency landscape. The project utilizes the QiDao protocol, which was the first native non-custodial stablecoin issuing protocol on the Polygon network. While initially developed on Polygon (formerly Matic Network), MAI has expanded its compatibility to integrate with various blockchain networks, including Fantom, Avalanche, Metis, Optimism, and Base, among others. This multi-chain presence enhances its utility across different decentralized ecosystems. A core feature of MAI is its ability to let users borrow stablecoins without having to sell their existing crypto assets. Users can lock a range of digital assets, such as MATIC, FTM, and ETH, as collateral in self-managed vaults to mint MAI. This borrowing mechanism typically comes with 0% interest. To ensure the stability and security of the system, a minimum collateralization ratio, often set at 150%, is typically required. MAI serves several key purposes within the Web3 space. It acts as a stable digital asset for secure value storage, helping users to hedge against the volatility often associated with other cryptocurrencies. It also plays a role in decentralized finance (DeFi) applications and can be utilized in smart contracts. The stability of MAI is further supported by mechanisms like the "Anchor," a decentralized exchange that facilitates 1:1 swaps between USD stablecoins and MAI. Its operational model is often compared to other crypto-backed stablecoins like DAI, but notably, MAI finance offers interest-free borrowing. Learn more
Is MAI (Fantom) (MIMATIC) a good investment?
Whether MAI (Fantom) (MIMATIC) 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 MAI (Fantom) (MIMATIC) 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 MIMATIC 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
MIMATICDate
2026-06-06
You will earn $-- in profit, with an ROI of --
What can you do with MAI (Fantom) (MIMATIC)?
Investment
Buy and hold MAI (Fantom) (MIMATIC), expecting its value to increase over time.
Trade
Actively trade MAI (Fantom) (MIMATIC) on LBank to profit from price fluctuations.
Pay
Use MAI (Fantom) (MIMATIC) to pay for goods and services where accepted.
Why is LBank the best platform to buy MAI (Fantom) (MIMATIC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling MAI (Fantom) (MIMATIC).
Competitive fees
LBank provides competitive trading fees for MAI (Fantom) (MIMATIC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for MAI (Fantom) (MIMATIC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade MAI (Fantom) (MIMATIC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for MAI (Fantom) (MIMATIC) 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 MIMATIC, what is the best way to store it?
After buying MIMATIC, 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
MAI (Fantom) (MIMATIC) FAQ
MAI is an overcollateralized stablecoin, soft-pegged to the US Dollar. It is backed by decentralized tokens and issued through the QiDao protocol. This design allows users to borrow stablecoins at 0% interest by depositing various crypto assets as collateral, providing a flexible way to access liquidity without selling their holdings.
MAI maintains its soft-peg to the US Dollar primarily through overcollateralization. This means that the value of the deposited collateral always exceeds the value of the MAI borrowed. Additionally, market incentives and penalties are utilized to encourage user behavior that supports peg stability, rather than relying solely on algorithmic mechanisms for price management.
Risks for MAI include potential smart contract vulnerabilities, which could lead to exploits. There is also the risk of devaluation of the underlying collateral assets, which could weaken the stablecoin's backing. Contagion effects could occur if centralized stablecoins used in collateral vaults lose their peg. Finally, there's the inherent risk of losing funds if MAI itself de-pegs from the US Dollar.
Several months ago, MAI experienced a depeg on some chains due to bad debt generated from Fantom operations. This incident was specifically linked to the Multichain bridge compromise, which significantly affected wrapped assets on Fantom. The depeg led to a net outflow of MAI and an excess supply on the particular chains that were impacted.
The QiDao DAO implemented several strategies to address the depeg. These included burning MAI tokens from the treasury to cover the accumulated bad debt. To prevent further issues, new loans and borrow incentives were paused on the affected chains. Additionally, bridging limits were put in place to carefully control the flow of MAI between different chains, helping to manage supply and distribution.
While certain chains were affected by the depeg incident, the core QiDao smart contracts were not exploited and remain functional. Although new loans were paused on the depegged chains, the protocol has focused on strengthening MAI's peg and overall stability on other robust networks like Ethereum and Base, where it continues to operate effectively for users.
