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 e-Money (NGM) on LBank
Learn how to buy e-Money (NGM) 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 NGM on LBank
How to Buy NGM on LBank: Payment Methods Overview
Explore the available payment methods for buying NGM 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 NGM.
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 e-Money (NGM) on LBank?
Check the preparations required before buying e-Money (NGM) 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 NGM 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 e-Money 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 e-Money. 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 e-Money 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 e-Money.
LBank supports multiple payment methods
You can use the following payment methods to purchase e-Money 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 e-Money 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 e-Money (NGM)?
e-Money is a blockchain-based payment platform and ecosystem developed by the Danish fintech company Block Finance A/S. Launched in early 2021, its primary mission was to bridge the gap between legacy financial systems and the decentralized economy by providing transparent, compliant, and efficient digital currencies. The project specialized in the issuance of a suite of currency-backed stablecoins, specifically targeting European and Asian markets. These tokens, such as eEUR for the Euro and eCHF for the Swiss Franc, were fully collateralized by reserves held in bank deposits and government bonds. A distinguishing feature of these stablecoins was their interest-bearing model. Unlike traditional stablecoins that aim for a static one-to-one peg, e-Money tokens were designed to reflect the interest accrued on their underlying reserve assets, meaning the value of the tokens could shift relative to the fiat currency they represented. Technologically, e-Money was built using the Cosmos SDK, which provided a foundation for fast transaction speeds and instant finality. By leveraging the Inter-Blockchain Communication protocol, the project achieved high interoperability, allowing its stablecoins to move seamlessly across different networks within the Cosmos ecosystem. The platform also featured a decentralized exchange for currency conversion. The native utility token of the project is NGM, which stands for Next Generation Money. This token serves as the backbone of the network, primarily used for staking and securing the blockchain. Users who stake their NGM tokens contribute to network security by supporting validators and, in exchange, receive rewards from a set annual inflation rate. While NGM is central to the staking and reward mechanism, it does not typically grant governance rights over the protocol. Transparency was a core pillar of the project, with e-Money committing to quarterly audits of its reserve assets by professional firms like Ernst and Young to verify the backing of its stablecoins. However, in early 2023, the project announced a halt to the issuance of its stablecoins, citing challenging market conditions and the evolving regulatory landscape in Europe as reasons for winding down that specific part of the project. Despite this shift in its stablecoin operations, the underlying technology and the NGM token remain part of the broader Web3 landscape. Learn more
Is e-Money (NGM) a good investment?
Whether e-Money (NGM) 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 e-Money (NGM) 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 NGM 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
NGMDate
2026-06-06
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What can you do with e-Money (NGM)?
Investment
Buy and hold e-Money (NGM), expecting its value to increase over time.
Trade
Actively trade e-Money (NGM) on LBank to profit from price fluctuations.
Pay
Use e-Money (NGM) to pay for goods and services where accepted.
Why is LBank the best platform to buy e-Money (NGM)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling e-Money (NGM).
Competitive fees
LBank provides competitive trading fees for e-Money (NGM).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for e-Money (NGM).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade e-Money (NGM) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for e-Money (NGM) 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 NGM, what is the best way to store it?
After buying NGM, 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
e-Money (NGM) FAQ
The project officially ceased the issuance of its interest-bearing stablecoins in early 2023. This decision was driven by the need to pivot toward a more robust, regulated BankFi infrastructure. Official redemptions concluded in March 2023. While the project no longer issues these tokens, users may occasionally find residual liquidity on supported decentralized exchanges, though official support and redemption channels are closed.
NGM is the native utility token of the ecosystem. It is primarily used for securing the network through staking, where participants delegate tokens to validators. It also facilitates decentralized governance, allowing holders to vote on network proposals. Additionally, NGM serves as a reward incentive for those contributing to the network's security and operations. It remains the core asset for maintaining the integrity of the permissioned blockchain.
The E Money Network is a public permissioned, EVM-compatible blockchain that represents the project's transition into BankFi. This concept focuses on bridging traditional banking with decentralized finance in a regulated environment. Unlike the previous Cosmos-based iteration, the new network is designed for seamless integration with existing financial systems while ensuring full compliance with international regulatory standards, such as the EU's MiCA framework.
Since the E Money Network is now EVM-compatible, users can interact with it using popular supported crypto wallets by adding the network's specific RPC details. To stake NGM, users delegate their tokens to validators through supported wallet interfaces. Staking helps secure the network and earns rewards, though it carries risks such as slashing, where a portion of tokens is lost if a validator performs poorly or violates network rules.
The E Money Card is a crypto-fiat bridge that requires users to undergo a mandatory Know Your Customer (KYC) verification process to ensure regulatory compliance. Applicants must provide valid documentation, typically a passport or national ID, alongside proof of residential address. The card's availability is currently limited to specific eligible countries as the project expands its regulated financial services globally through its strategic ecosystem partners.
Yes, a primary focus of the E Money Network is its alignment with the European Union's Markets in Crypto-Assets (MiCA) regulation. By prioritizing compliance, the network aims to provide a secure and transparent environment for both retail users and institutional investors. This regulatory-first approach is intended to foster trust and facilitate the integration of blockchain technology with the traditional financial sector under a clear legal framework.
