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 Covalent X Token (CXT) on LBank
Learn how to buy Covalent X Token (CXT) 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 CXT on LBank
How to Buy CXT on LBank: Payment Methods Overview
Explore the available payment methods for buying CXT 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 CXT.
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 Covalent X Token (CXT) on LBank?
Check the preparations required before buying Covalent X Token (CXT) 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 CXT 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 Covalent X Token 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 Covalent X Token. 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 Covalent X Token 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 Covalent X Token.
LBank supports multiple payment methods
You can use the following payment methods to purchase Covalent X Token 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 Covalent X Token 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 691 min | 100% | 1.000 USD | 3160.76 USDT 10.000 - 3000.000USD | Bank Transfer | |
SU SUPER FAST BUY-SELLR 1163 min | 100% | 1.000 USD | 163.06 USDT 1.000 - 163.060USD | Bank Transfer | |
MA MALAYSIAN MYR_KING 750 min | 95.65% | 1.000 USD | 1875.33 USDT 10.000 - 1875.330USD | Bank Transfer |
What is Covalent X Token (CXT)?
The Covalent X Token (CXT) is the native cryptocurrency of the Covalent Network, a Web3 project launched on July 10, 2024. The network was founded by Ganesh Swami and Levi Aul with the goal of establishing a comprehensive data infrastructure for the blockchain ecosystem. The Covalent Network is designed to provide decentralized and verifiable blockchain data across more than 100 different blockchain platforms. It aggregates fragmented blockchain data, such as transactions, logs, and NFTs, and makes it accessible through a single, unified API. This system aims to offer a "no-code solution" that allows developers to retrieve granular, historical blockchain data without the need for complex queries. The network also features an "Ethereum Wayback Machine" for accessing historical blockchain information. The CXT token serves several key functions within the Covalent ecosystem: 1. Staking: CXT can be staked by network operators, including validators and delegators, to help secure the network and ensure the integrity of data. Those who stake CXT receive rewards. 2. Governance: Holders of CXT can participate in the decentralized decision-making processes of the network. They have the ability to vote on proposals related to network operations, future developments, and system parameters. 3. Payment for Services: Developers and users pay for accessing Covalent's API to retrieve data. While payments may occur in stablecoins, the network converts these into CXT, which is then distributed as rewards to the nodes that provide the data, thereby creating demand for the token. CXT is an ERC20 token operating on the Ethereum network. It is the successor to the Covalent Query Token (CQT), with a migration to CXT occurring after a governance vote, where all existing CQT tokens were automatically converted to CXT at a 1:1 ratio. This transition was made to better align with the project's focus on enhancing modular data infrastructure and AI capabilities. Learn more
Is Covalent X Token (CXT) a good investment?
Whether Covalent X Token (CXT) 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 Covalent X Token (CXT) 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 CXT 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
CXTDate
2026-06-07
You will earn $-- in profit, with an ROI of --
What can you do with Covalent X Token (CXT)?
Investment
Buy and hold Covalent X Token (CXT), expecting its value to increase over time.
Trade
Actively trade Covalent X Token (CXT) on LBank to profit from price fluctuations.
Pay
Use Covalent X Token (CXT) to pay for goods and services where accepted.
Why is LBank the best platform to buy Covalent X Token (CXT)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Covalent X Token (CXT).
Competitive fees
LBank provides competitive trading fees for Covalent X Token (CXT).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Covalent X Token (CXT).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Covalent X Token (CXT) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Covalent X Token (CXT) 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 CXT, what is the best way to store it?
After buying CXT, 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
Covalent X Token (CXT) FAQ
Covalent addresses the challenge of efficiently accessing historical and granular blockchain data. It provides a unified API that aggregates information from various blockchain sources, nodes, chains, and data feeds. This resolves issues like developer restrictions in data access, inaccurate information, and the complexity of sourcing data from multiple chains, enabling developers to build applications more easily and gain a comprehensive view of the blockchain ecosystem.
Covalent is a software designed to aggregate data from numerous blockchain platforms, such as Ethereum, Avalanche, and Polygon, making this information accessible via a unified API. It fully indexes the entire history of these blockchains, including smart contracts, wallet addresses, and transactions, normalizing the data into a consistent format. This 'no-code solution' allows users to retrieve specialized blockchain data without complex queries or specialized developers.
Covalent offers complete, granular visibility into billions of blockchain data points and supports multiple blockchains with a single API. It provides a no-code solution for developers and features a decentralized indexing-querying middleware with a low refresh rate. These capabilities facilitate quick development of financial solutions and empower developers to implement multi-chain strategies effectively.
CXT (formerly CQT) is the native ERC-20 token of the Covalent Network, serving three main purposes. Firstly, it enables governance, allowing token holders to vote on proposals that modify system parameters. Secondly, CXT supports staking, where validators and delegators stake tokens to earn yield and secure the network, receiving fees for answering queries. Lastly, CXT is used for network access, fulfilling data queries for API users.
Covalent underwent a token migration from CQT to CXT. The CQT token is now deprecated and holds no value, as CXT has been established as the new network token. This migration was a community governance decision, primarily aimed at neutralizing potential threats stemming from the Nomad hacker incident, thereby reinforcing the network's security and integrity.
CXT is available for trading on a growing number of reputable exchanges, supporting various cryptocurrency and stablecoin pairs. Users can typically find CXT listed on major platforms, including LBank, where it can be traded. It is always recommended to check the specific exchange for available trading pairs and support.
