BRICS Chain (BRICS)

How to Buy BRICS Chain (BRICS) on LBank

Learn how to buy BRICS Chain (BRICS) 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 BRICS on LBank

Register an LBank account

How to Buy BRICS on LBank: Payment Methods Overview

Explore the available payment methods for buying BRICS 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 BRICS.

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 BRICS Chain (BRICS) on LBank?

Check the preparations required before buying BRICS Chain (BRICS) 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 BRICS 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 BRICS Chain 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 BRICS Chain. 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 BRICS Chain 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 BRICS Chain.

LBank supports multiple payment methods

You can use the following payment methods to purchase BRICS Chain 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 BRICS Chain 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
489 min | 100%
0.918 USD
6673.97 USDT
500.000 - 6126.704USD
Bank Transfer
ON
ONLY-MALAYSAN-MYR
691 min | 91.66%
1.000 USD
2655.76 USDT
10.000 - 2655.760USD
Bank Transfer
BA
Bayon KH
120 min | 100%
1.004 USD
7881.13 USDT
10.000 - 2000.000USD
Wing Money
Bank Transfer (Cambodia)
ABA (Cambodia)

What is BRICS Chain (BRICS)?

BRICS Chain (BRICS) is a Web3 project that aims to create a new reserve cryptocurrency, leveraging blockchain technology to challenge the dominance of the US Dollar. The project's goal is to offer an alternative to traditional payment systems and improve financial settlements among BRICS nations, which include Brazil, Russia, India, China, South Africa, Argentina, Iran, UAE, and Ethiopia. A core aspect of BRICS Chain is its proposed backing by real-world assets. It is designed to be unlike Bitcoin, instead claiming to be supported by resources such as gold, oil, corn, and wheat, as well as the collective resources and populations of the participating BRICS countries. The BRICS Chain cryptocurrency is intended to be pegged one-to-one with the BRICS currency, which itself is planned to be pegged to a unit of gold, aiming for stability and usability. The project utilizes blockchain technology to address issues associated with traditional fiat money systems. Its mission is to tokenize real-world assets, fostering secure, transparent, and efficient transactions, thereby promoting financial inclusion and driving economic growth, particularly in emerging markets. The BRICS Chain ecosystem includes features such as Brics Swap, a decentralized finance (DeFi) exchange protocol for digital asset swaps, and plans for an NFT Marketplace (BRICSNFT). The roadmap outlines key milestones including private sales, NFT system integration, smart contract auditing, and the development of utility projects for the BRICS Coin. The BRICS Chain token operates on the Binance Smart Chain blockchain. Learn more

Is BRICS Chain (BRICS) a good investment?

Whether BRICS Chain (BRICS) 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 BRICS Chain (BRICS) 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 BRICS 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
BRICS
Date
2026-06-07
You will earn $-- in profit, with an ROI of --

What can you do with BRICS Chain (BRICS)?

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

Why is LBank the best platform to buy BRICS Chain (BRICS)?

User-friendly interface
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling BRICS Chain (BRICS).
Competitive fees
Competitive fees
LBank provides competitive trading fees for BRICS Chain (BRICS).
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 BRICS Chain (BRICS).
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 BRICS Chain (BRICS) anytime, anywhere using the LBank mobile app.
High liquidity
High liquidity
LBank offers excellent liquidity for BRICS Chain (BRICS) 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 BRICS, what is the best way to store it?

After buying BRICS, 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 BRICS Chain (BRICS)

More

BRICS Chain (BRICS) FAQ

BRICS Chain endeavors to establish a blockchain-based "BRICS Reserve Currency." Its native token, $BRICS, is envisioned to be pegged to this proposed fiat reserve, potentially backed by various commodities such as gold, oil, corn, and wheat. The overarching purpose is to tokenize real-world assets, fostering a more stable, transparent, and efficient environment for cryptocurrency transactions.
No, the BRICS Chain project explicitly states it is not associated with the official BRICS intergovernmental organization. The intergovernmental body, comprising nations like Brazil, Russia, India, China, and South Africa, has made no mention of the cryptocurrency project, clearly distinguishing the two entities.
The primary stated use case for the BRICS token is currently arbitrage trading due to its fluctuating nature. The project indicates that potential use cases may expand significantly as the broader cryptocurrency market develops and the project itself matures, implying future utility beyond its present function.
BRICS tokens can be acquired on various centralized crypto exchanges. They are also available on decentralized exchanges operating on the Binance Smart Chain. Numerous platforms offer resources and guides on purchasing and selling BRICS Chain tokens.
Key concerns include the project's claim of being pegged to a "BRICS reserve currency" that does not yet exist. The project's website and whitepaper reportedly lack information on its development team, focusing instead on investors. Discrepancies between bulk token sale prices and open market prices raise questions. The language in its documentation is described as vague, possibly aimed at attracting less critical investors, further contributing to red flags.
The project's website and whitepaper reportedly lack specific information about its developers or the team behind it. Instead, the focus appears to be more on investors. This lack of transparency regarding the team's identity, experience, and long-term commitment is a common area of concern when evaluating the legitimacy and potential for success of a Web3 project.

How to buy other crypto assets