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 Coin98 Dollar (CUSD) on LBank
Learn how to buy Coin98 Dollar (CUSD) 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 CUSD on LBank
How to Buy CUSD on LBank: Payment Methods Overview
Explore the available payment methods for buying CUSD 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 CUSD.
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 Coin98 Dollar (CUSD) on LBank?
Check the preparations required before buying Coin98 Dollar (CUSD) 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 CUSD 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 Coin98 Dollar 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 Coin98 Dollar. 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 Coin98 Dollar 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 Coin98 Dollar.
LBank supports multiple payment methods
You can use the following payment methods to purchase Coin98 Dollar 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 Coin98 Dollar 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 |
|---|---|---|---|---|
AM AMG_Trading 736 min | 100% | 0.918 USD | 6585.71 USDT 200.000 - 6045.681USD | Bank Transfer | |
YY YYDS_Trader 488 min | 100% | 0.936 USD | 3211.18 USDT 400.000 - 3000.000USD | Bank Transfer | |
18 180-fast24x7 315 min | 100% | 1.000 USD | 10.00 USDT 10.000 - 10.000USD | Bank Transfer |
What is Coin98 Dollar (CUSD)?
Coin98 Dollar, commonly known as CUSD, is a stablecoin project developed as a foundational component of the Ninety Eight ecosystem. It was created to address the challenges of fragmented liquidity in the decentralized finance space by serving as a cross-chain unit of account. The goal of the project is to provide a seamless way for users to move value across different blockchain networks, acting as a standardized medium of exchange and liquidity source for various decentralized applications. In its original design, the token was a decentralized asset fully backed by a reserve of other established stablecoins. Users could mint the token by depositing collateral into smart contracts, which maintained a redemption mechanism to support its stability. As the project evolved, it transitioned toward a more integrated model. A newer version was launched on the Viction blockchain in partnership with Stably, a platform providing stablecoin infrastructure. This version leverages technical standards that allow for transactions with no gas fees, which is intended to make it more practical for everyday use and cross-chain operations. The utility of CUSD extends across the entire ecosystem of its parent company. It is used within multi-chain wallets, decentralized exchanges, and cross-chain bridges. Users can engage with the token for various activities, including staking to earn rewards, providing liquidity to pools, or as a payment method for digital collectibles and other services. The project focuses on interoperability, seeking to connect different blockchain environments so that users do not have to navigate the technical barriers of each individual chain. To ensure the security of the system, the smart contracts and reserve mechanisms associated with the token have been audited by multiple independent security firms. These audits are intended to verify the integrity of the code and the transparency of the backing assets. Overall, CUSD is positioned as a liquidity solution that supports the broader mission of making decentralized finance more accessible and efficient for a global audience by simplifying how assets are handled in a multi-chain environment. Learn more
Is Coin98 Dollar (CUSD) a good investment?
Whether Coin98 Dollar (CUSD) 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 Coin98 Dollar (CUSD) 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 CUSD 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
CUSDDate
2026-06-07
You will earn $-- in profit, with an ROI of --
What can you do with Coin98 Dollar (CUSD)?
Investment
Buy and hold Coin98 Dollar (CUSD), expecting its value to increase over time.
Trade
Actively trade Coin98 Dollar (CUSD) on LBank to profit from price fluctuations.
Pay
Use Coin98 Dollar (CUSD) to pay for goods and services where accepted.
Why is LBank the best platform to buy Coin98 Dollar (CUSD)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Coin98 Dollar (CUSD).
Competitive fees
LBank provides competitive trading fees for Coin98 Dollar (CUSD).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Coin98 Dollar (CUSD).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Coin98 Dollar (CUSD) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Coin98 Dollar (CUSD) 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 CUSD, what is the best way to store it?
After buying CUSD, 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
Coin98 Dollar (CUSD) FAQ
CUSD is a fully-backed stablecoin pegged 1:1 to the US Dollar, operating as a core component of the Ninety Eight ecosystem. Its primary purpose is to address fragmented liquidity in a multi-chain environment. By acting as a universal unit of account, CUSD enables users to transfer value across different blockchains without the need for constant swaps between various stablecoin versions. This creates a streamlined experience for users interacting with decentralized applications and digital wallets.
Having a native stablecoin allows the ecosystem to minimize reliance on external protocols and their specific limitations. This autonomy facilitates the creation of specialized features, such as gasless transactions on the Viction network. Additionally, a native asset allows the ecosystem to capture more value for its community and C98 token holders. It ensures the infrastructure can adapt quickly to new technological requirements without waiting for third-party stablecoin providers to implement changes.
CUSD is not an algorithmic stablecoin. Unlike assets that rely on volatile token minting and burning, CUSD is fully collateralized. Every unit of CUSD in circulation is backed by an equivalent value of high-quality assets, including fiat reserves or established stablecoins held by regulated custodians. This provides a more robust security model compared to algorithmic tokens, ensuring that the 1:1 peg is supported by tangible reserves rather than market speculation.
The stability of CUSD is maintained through a "Mint and Redeem" arbitrage mechanism. If the market price of CUSD drops below $1, users can buy it at a discount and redeem it for $1 worth of collateral from the reserve, which reduces the circulating supply and restores the peg. If the price rises above $1, users are incentivized to mint new CUSD at cost and sell it on the market, increasing supply and bringing the price back to equilibrium.
The initial version of CUSD was decentralized and backed by various stablecoins. Following changes in the stablecoin landscape, the project transitioned to a newer version in partnership with regulated service providers. Users can now obtain CUSD through professional minting portals after completing necessary verification or trade it freely on supported trading platforms like LBank. This transition was designed to ensure long-term sustainability and compliance with evolving industry standards.
On the Viction blockchain, CUSD utilizes the VRC25 standard to offer a "Zero Gas" experience. This innovative feature allows users to send and receive CUSD without having to hold the network's native token to pay for transaction fees. This significantly reduces friction for users and makes CUSD an ideal choice for high-frequency transactions and payments. This technical advantage simplifies the user experience across the entire ecosystem and lowers the barrier to entry for new participants.
