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 Edcoin (EDC) on LBank
Learn how to buy Edcoin (EDC) 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 EDC on LBank
How to Buy EDC on LBank: Payment Methods Overview
Explore the available payment methods for buying EDC 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 EDC.
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 Edcoin (EDC) on LBank?
Check the preparations required before buying Edcoin (EDC) 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 EDC 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 Edcoin 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 Edcoin. 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 Edcoin 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 Edcoin.
LBank supports multiple payment methods
You can use the following payment methods to purchase Edcoin 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 Edcoin 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 1095 min | 100% | 1.000 USD | 4229.87 USDT 10.000 - 3000.000USD | Bank Transfer | |
MA MALAYSIAN MYR_KING 1191 min | 100% | 1.000 USD | 455.02 USDT 10.000 - 455.020USD | Bank Transfer | |
BA Bayon KH 117 min | 100% | 1.004 USD | 3507.99 USDT 10.000 - 1000.000USD | Wing Money Bank Transfer (Cambodia) ABA (Cambodia) |
What is Edcoin (EDC)?
Edcoin (EDC) is a cryptocurrency project launched in 2017, designed to facilitate smooth transactions and improve financial access. The project aims to establish a decentralized platform on its own blockchain for peer-to-peer payments and other financial services. The Edcoin token serves as a means of exchange within its ecosystem, enabling users to access various functionalities and participate in the project's governance. A key focus of Edcoin is to provide secure and efficient transactions, empowering individuals and businesses in the digital economy. Edcoin distinguishes itself with an emphasis on educational funding and a tokenomics model that encourages contributions to educational initiatives. It utilizes a Proof-of-Stake (PoS) consensus mechanism to boost transaction efficiency and foster community governance, giving stakeholders a voice in the platform's evolution. The Edcoin ecosystem encompasses several elements. The EDC token powers a payment gateway called EDPAY and a mobile application known as ED2E, which enables buying and selling of products in a peer-to-peer marketplace. There is also a loyalty program, EDPOINTS, where users can exchange points for Edcoin. Furthermore, Edcoin incorporates a Web3 component featuring NFT storage and an Edcoin Metaverse. The project also provides access to EDMARK City, described as a blockchain-integrated city in Nigeria. Edcoin is structured as an ERC-20 governance token on the Ethereum blockchain. It operates as a DeFi platform supporting staking, lending, and governance, with the goal of returning financial control to people for wealth storage and growth. Users can stake their Edcoin tokens through various wallets, including the Master Edcoin Wallet, to earn rewards. The Master Edcoin Wallet is presented as a comprehensive application for the Edcoin ecosystem. Following a token burn on January 30, 2021, the total supply of Edcoin (EDC) was reduced from 900,000,000 to 800,000,000 EDC. The utility of Edcoin is anticipated to expand as the EDMARK ecosystem broadens its global reach. Learn more
Is Edcoin (EDC) a good investment?
Whether Edcoin (EDC) 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 Edcoin (EDC) 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 EDC 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
EDCDate
2026-06-09
You will earn $-- in profit, with an ROI of --
What can you do with Edcoin (EDC)?
Investment
Buy and hold Edcoin (EDC), expecting its value to increase over time.
Trade
Actively trade Edcoin (EDC) on LBank to profit from price fluctuations.
Pay
Use Edcoin (EDC) to pay for goods and services where accepted.
Why is LBank the best platform to buy Edcoin (EDC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Edcoin (EDC).
Competitive fees
LBank provides competitive trading fees for Edcoin (EDC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Edcoin (EDC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Edcoin (EDC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Edcoin (EDC) 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 EDC, what is the best way to store it?
After buying EDC, 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
Edcoin (EDC) FAQ
Edcoin (EDC) is a global digital asset ecosystem designed to maximize value for its community and address instability in volatile markets, particularly in emerging economies. It aims to empower users worldwide to facilitate remittances, make purchases, and participate in the Web3.0 sector. Built on the ERC-20 standard, EDC functions as a utility token, serving as the core currency within the broader EDMARK Ecosystem. Its foundational goal is to provide a unified and stable digital asset for various financial and transactional activities globally.
EDCOIN serves multiple utilities within the EDMARK ecosystem. It powers EDPAY, a payment gateway, and ED2E, a mobile application for a peer-to-peer marketplace facilitating product purchases and sales. EDC is also integral to EDPOINTS, a loyalty program where it can be exchanged. Future utility expansion includes Web3.0 components like NFT storage, an EDCOIN Metaverse, and access to EDMARK City's timeshare program. Essentially, EDC acts as the unified currency for all these services and platforms, aiming to grow as EDMARK expands its global reach.
The total supply of Edcoin (EDC) was initially 900,000,000 tokens. However, a significant event occurred on January 30, 2021, when 100,000,000 EDC were permanently removed from circulation through a token burn. This deliberate action reduced the total supply of Edcoin to its current amount of 800,000,000 EDC. This strategic management of supply is a key aspect of its tokenomics, influencing the token's overall scarcity within the ecosystem.
Token burning, as exemplified by the Edcoin (EDC) event on January 30, 2021, is a deliberate strategy employed by cryptocurrency projects. The primary effect of such an action is a permanent reduction in the overall circulating supply of the token. By removing a portion of tokens from existence, the total scarcity increases. This mechanism is a common aspect of tokenomics models designed to influence the token's market dynamics and value proposition by actively managing the available supply.
The comprehensive Whitepaper for Edcoin (EDC) is publicly available for anyone interested in understanding the project's vision, technology, tokenomics, and roadmap in detail. You can view the official Edcoin Whitepaper directly at https://www.ed-coin.io/whitepaper/. This document serves as a crucial resource for prospective users and community members, providing all foundational information regarding its development, ecosystem, and future plans, thereby ensuring transparency and informed engagement.
Users can engage with Edcoin (EDC) in several practical ways. EDC can be converted into EDPOINTS within the official EDCOIN App or the MASTER EDCOIN WALLET, enabling the purchase of EDMARK products. Beyond direct purchasing, users have opportunities to arbitrage trade EDC or participate in yield-earning activities with their holdings. The ecosystem is designed to offer diverse avenues for both transactional utility and engagement for its community members, providing flexible options for interaction with the digital asset.
