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 Auctus (AUC) on LBank
Learn how to buy Auctus (AUC) 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 AUC on LBank
How to Buy AUC on LBank: Payment Methods Overview
Explore the available payment methods for buying AUC 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 AUC.
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 Auctus (AUC) on LBank?
Check the preparations required before buying Auctus (AUC) 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 AUC 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 Auctus 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 Auctus. 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 Auctus 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 Auctus.
LBank supports multiple payment methods
You can use the following payment methods to purchase Auctus 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 Auctus 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
What is Auctus (AUC)?
Auctus is a decentralized options protocol primarily operating on the Ethereum blockchain, with expansions to other networks like Binance Smart Chain and Arbitrum. The project focuses on providing a trustless environment where users can mint, trade, and exercise call and put options for various markets without relying on a central authority. At its core, the platform uses a unique approach to option tokenization through what it calls ACOToken contracts. These contracts are ERC20-compliant, meaning that each option series is represented by a fungible token. This design allows the options to be easily transferred, integrated into other decentralized finance protocols, and used as building blocks for more complex financial strategies. The ecosystem includes several specialized tools for traders. It offers a decentralized exchange for options, an automated market maker to provide liquidity, and over-the-counter trading capabilities. Additionally, the project provides automated vault strategies designed to simplify the process of earning returns or hedging risks. One of the key technical features is the flash exercise capability, which gives holders the flexibility to exercise their options at any time before expiration. The project emphasizes security and transparency. Its smart contracts have undergone independent audits by firms such as Open Zeppelin to ensure the safety of user funds. As a non-custodial platform, Auctus ensures that users maintain full control over their assets at all times, with all positions being fully collateralized to eliminate counterparty risk. The AUC token serves as the native utility and governance asset of the network. It is designed to be directly tied to the platform's usage. A portion of the protocol fees is typically used to support the network through buybacks or providing liquidity on decentralized exchanges. Token holders are intended to have governance rights, allowing them to participate in the decision-making process regarding the future development and parameters of the protocol. Historically, the project began with a mission to modernize the global retirement and pension market. Its original vision was to create a transparent, blockchain-based platform where savers could manage traditional investments alongside cryptocurrencies for long-term goal-based saving. While it has since evolved into a specialized options protocol, its foundation remains rooted in increasing financial transparency and removing middlemen from complex financial transactions. Learn more
Is Auctus (AUC) a good investment?
Whether Auctus (AUC) 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 Auctus (AUC) 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 AUC 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
AUCDate
2026-06-06
You will earn $-- in profit, with an ROI of --
What can you do with Auctus (AUC)?
Investment
Buy and hold Auctus (AUC), expecting its value to increase over time.
Trade
Actively trade Auctus (AUC) on LBank to profit from price fluctuations.
Pay
Use Auctus (AUC) to pay for goods and services where accepted.
Why is LBank the best platform to buy Auctus (AUC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Auctus (AUC).
Competitive fees
LBank provides competitive trading fees for Auctus (AUC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Auctus (AUC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Auctus (AUC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Auctus (AUC) 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 AUC, what is the best way to store it?
After buying AUC, 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
Auctus (AUC) FAQ
Auctus is currently categorized as a legacy or inactive project. The development team has not released major technical updates or maintained an active social media presence since mid-2022. While the protocol exists on the blockchain, the official roadmap has not been updated in years, and several major centralized exchanges have delisted the token due to inactivity. Investors should consider the project's development stalled.
In March 2022, a critical vulnerability was discovered in the ACOWriter contract. If you interacted with the Auctus protocol before this date, it is highly recommended to use a security authorization tool to revoke all previous contract approvals. This action is necessary to prevent potential unauthorized access to your wallet funds by the vulnerable legacy smart contract.
No. The third-party cross-chain bridge infrastructure previously used to move AUC to the Binance Smart Chain (BSC) suffered a major collapse and exploit in 2023. Consequently, the bridge is no longer functional. Any AUC tokens currently held on BSC (BEP-20) are likely unbacked and cannot be bridged back to the Ethereum mainnet, rendering them essentially trapped or worthless.
The 'Black Hole' was a deflationary mechanism designed to use 50% of protocol fees to buy back AUC tokens from the market. However, this system requires active trading volume and protocol usage to generate fees. Because the Auctus DeFi options protocol is currently inactive and seeing minimal usage, this buyback mechanism is effectively non-functional.
Auctus originally launched as a blockchain-based retirement platform. In 2020, the team shifted its focus to decentralized options (Auctus Options) to capitalize on the growth of the DeFi sector. This pivot was primarily due to the significant regulatory hurdles and scaling difficulties associated with global retirement products, leading the team to seek a more permissionless financial model.
The legitimate Ethereum (ERC-20) smart contract address for Auctus is 0xc12d099be31567add4e4e4d0d45691c3f58f5663. It is vital to verify this address through reputable blockchain explorers before any interaction, as malicious actors often create fake tokens with the same ticker to scam users in decentralized trading environments.
