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 Harmony Horizen Bridged BUSD (Harmony) (BUSD) on LBank
Learn how to buy Harmony Horizen Bridged BUSD (Harmony) (BUSD) 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.
Buy Harmony Horizen Bridged BUSD (Harmony) (BUSD) nowView Harmony Horizen Bridged BUSD (Harmony) (BUSD)
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 BUSD on LBank
How to Buy BUSD on LBank: Payment Methods Overview
Explore the available payment methods for buying BUSD 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 BUSD.
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 Harmony Horizen Bridged BUSD (Harmony) (BUSD) on LBank?
Check the preparations required before buying Harmony Horizen Bridged BUSD (Harmony) (BUSD) 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 BUSD 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 Harmony Horizen Bridged BUSD (Harmony) 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 Harmony Horizen Bridged BUSD (Harmony). 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 Harmony Horizen Bridged BUSD (Harmony) 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 Harmony Horizen Bridged BUSD (Harmony).
LBank supports multiple payment methods
You can use the following payment methods to purchase Harmony Horizen Bridged BUSD (Harmony) 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 Harmony Horizen Bridged BUSD (Harmony) 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 1061 min | 100% | 0.918 USD | 3500.35 USDT 500.000 - 3213.321USD | Bank Transfer | |
AM AMG_Trading 591 min | 100% | 0.927 USD | 4011.53 USDT 187.200 - 3718.688USD | Bank Transfer | |
MY MYR_ DUITNOW _MYR 381 min | 100% | 1.000 USD | 1373.93 USDT 50.000 - 1373.930USD | Bank Transfer |
What is Harmony Horizen Bridged BUSD (Harmony) (BUSD)?
Harmony Horizen Bridged BUSD, commonly referred to as BUSD on the Harmony network, is a digital asset that represents the Binance USD stablecoin on the Harmony blockchain. This token is created as an HRC-20 asset, allowing it to function within the Harmony ecosystem for various purposes, including decentralized finance applications, decentralized exchanges, and liquidity provision. The token is created through a process called bridging, which was primarily managed by Harmony's Horizon Bridge. This cross-chain protocol was developed to allow for the seamless movement of assets between Harmony and other major blockchains, such as Ethereum and the Binance Smart Chain. When a user bridges BUSD to Harmony, the original tokens are locked in a smart contract on the source chain, and an equivalent amount of bridged BUSD is minted on the Harmony network. This mechanism is designed to ensure that the bridged asset is backed by the original collateral. In June 2022, the Horizon Bridge suffered a major security exploit. The breach occurred due to a compromise of the private keys used to secure the bridge's multi-signature wallet system. This incident resulted in the unauthorized removal of assets from the bridge's vaults, which negatively impacted the collateral backing for several bridged tokens, including this version of BUSD. Since the exploit, the project has been a central part of Harmony's recovery and reimbursement discussions as the community and developers worked to address the loss of asset backing. The name Harmony Horizen Bridged BUSD appears on various data platforms and exchanges, sometimes using the spelling Horizen instead of the bridge's formal name, Horizon. While there is a separate blockchain project known as Horizen (ZEN), this specific BUSD token is primarily associated with the Harmony network and its legacy bridging infrastructure. In the time following the security incident, the Harmony ecosystem has transitioned toward using different bridging technologies, such as those provided by LayerZero, to provide more robust security for cross-chain transfers. Furthermore, the broader context for BUSD has changed significantly as the original issuers of the stablecoin stopped creating new tokens in 2024, leading to a general decline in its use across the entire cryptocurrency industry. As a result, this bridged version of BUSD now exists as a legacy token within the Harmony ecosystem, primarily held by users involved in the network's long-term recovery efforts or existing decentralized applications. Learn more
Is Harmony Horizen Bridged BUSD (Harmony) (BUSD) a good investment?
Whether Harmony Horizen Bridged BUSD (Harmony) (BUSD) 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 Harmony Horizen Bridged BUSD (Harmony) (BUSD) 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 BUSD 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?
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2026-06-12
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What can you do with Harmony Horizen Bridged BUSD (Harmony) (BUSD)?
Investment
Buy and hold Harmony Horizen Bridged BUSD (Harmony) (BUSD), expecting its value to increase over time.
Trade
Actively trade Harmony Horizen Bridged BUSD (Harmony) (BUSD) on LBank to profit from price fluctuations.
Pay
Use Harmony Horizen Bridged BUSD (Harmony) (BUSD) to pay for goods and services where accepted.
Why is LBank the best platform to buy Harmony Horizen Bridged BUSD (Harmony) (BUSD)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Harmony Horizen Bridged BUSD (Harmony) (BUSD).
Competitive fees
LBank provides competitive trading fees for Harmony Horizen Bridged BUSD (Harmony) (BUSD).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Harmony Horizen Bridged BUSD (Harmony) (BUSD).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Harmony Horizen Bridged BUSD (Harmony) (BUSD) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Harmony Horizen Bridged BUSD (Harmony) (BUSD) 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 BUSD, what is the best way to store it?
After buying BUSD, 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
Learn more about Harmony Horizen Bridged BUSD (Harmony) (BUSD)
MoreWhat is the difference between USDT (Tether), USDC (USD Coin), and BUSD (Binance USD)?
Discover key differences between USDT, USDC, and BUSD for informed cryptocurrency investments.
What is the difference between USDT (Tether), USDC (USD Coin), and BUSD (Binance USD)?
Discover key differences between USDT, USDC, and BUSD for informed cryptocurrency investments.
What is the difference between USDT (Tether), USDC (USD Coin), and BUSD (Binance USD)?
Discover key differences between USDT, USDC, and BUSD for informed cryptocurrency investments.
Harmony Horizen Bridged BUSD (Harmony) (BUSD) FAQ
1BUSD represents the version of the stablecoin bridged to Harmony from the Ethereum network. In contrast, bscBUSD represents the version bridged from a secondary smart chain. Both assets were issued through the Horizon Bridge and experienced a loss of their peg following a security breach. They are now viewed as legacy assets within the Harmony ecosystem.
No, it is a bridged or synthetic version of the stablecoin specifically for the Harmony blockchain. While it was originally intended to be redeemable 1:1 for the actual asset, it is now a legacy token. Because the underlying collateral was compromised during a bridge hack, it no longer carries the same value or backing as the official stablecoin issued on other networks.
The depegging was caused by a security exploit on the Horizon Bridge. Attackers managed to compromise the bridge and drain the underlying assets that were held as collateral to back the bridged tokens on Harmony. Without the necessary 1:1 backing of the original assets, the market value of the bridged tokens on the Harmony network fell significantly below their intended value.
Harmony has established a recovery plan that includes community-led initiatives and periodic burn rounds. Users can participate by using designated recovery platforms to swap their depegged assets for network tokens or other supported assets. The plan utilizes chain emissions and staking rewards to gradually reduce the outstanding debt over time, focusing on a long-term resolution for affected holders.
The original Horizon Bridge functionality for the affected legacy assets remains largely suspended. While the network has collaborated with partners like LayerZero to establish new and secure bridging paths for modern assets, these new solutions do not restore the peg or the original functionality of the legacy bridged tokens. Users must rely on the specific recovery mechanisms provided by the Harmony ecosystem.
Yes, these tokens can still be traded on decentralized exchanges within the Harmony network and through certain platforms like LBank. However, because the tokens are depegged, they trade at market rates determined by current demand and the progress of the recovery plan rather than the original value. Holders often choose between selling at current market rates or waiting for future developments in the recovery process.
