Harmony Horizon Bridged USDC (Harmony) (1USDC)

How to Buy Harmony Horizon Bridged USDC (Harmony) (1USDC) on LBank

Learn how to buy Harmony Horizon Bridged USDC (Harmony) (1USDC) 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 1USDC on LBank

Register an LBank account

How to Buy 1USDC on LBank: Payment Methods Overview

Explore the available payment methods for buying 1USDC 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 1USDC.

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 Harmony Horizon Bridged USDC (Harmony) (1USDC) on LBank?

Check the preparations required before buying Harmony Horizon Bridged USDC (Harmony) (1USDC) 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 1USDC 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 Horizon Bridged USDC (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 Horizon Bridged USDC (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 Horizon Bridged USDC (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 Horizon Bridged USDC (Harmony).

LBank supports multiple payment methods

You can use the following payment methods to purchase Harmony Horizon Bridged USDC (Harmony) 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 Harmony Horizon Bridged USDC (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
973 min | 100%
0.918 USD
6754.38 USDT
500.000 - 6200.520USD
Bank Transfer
AM
AMG_Trading
720 min | 100%
0.927 USD
4574.25 USDT
187.200 - 4240.329USD
Bank Transfer
PO
Ponreay_FX
796 min | 100%
1.004 USD
3053.31 USDT
10.000 - 3054.000USD
Wing Money
True Money (Cambodia)
Bank Transfer (Cambodia)
ABA (Cambodia)

What is Harmony Horizon Bridged USDC (Harmony) (1USDC)?

Harmony Horizon Bridged USDC, identified by the symbol 1usdc, is a synthetic digital asset that exists on the Harmony blockchain. It was designed to represent USD Coin on the Harmony network, allowing users to interact with the broader decentralized finance ecosystem while utilizing the speed and efficiency of the Harmony protocol. The token was originally issued through the Horizon Bridge, a cross-chain infrastructure developed by Harmony to facilitate the transfer of assets between its network and other blockchains such as Ethereum and Binance Smart Chain. Under normal operations, the bridge functioned by locking native USDC in a secure vault on the source chain and then minting an equivalent amount of 1usdc on the Harmony blockchain. This process ensured that every 1usdc in circulation was intended to be backed by actual USDC held in reserve. Within the Harmony ecosystem, 1usdc served as a stable medium of exchange. It was widely used in liquidity pools, decentralized lending platforms, and as a unit of account for various on-chain services. By bridging USDC to Harmony, participants could engage in yield farming and other financial activities without the high gas fees typically associated with the Ethereum mainnet. The project faced a significant challenge in June 2022 when the Horizon Bridge was the target of a major security exploit. During this event, unauthorized parties gained access to the bridge's administrative keys and removed the underlying collateral assets from the Ethereum-side vaults. This breach directly impacted the security and backing of 1usdc, as the physical assets that were supposed to guarantee its value were no longer available in the bridge reserves. In the period following the exploit, the Harmony team and its community have focused on recovery efforts. These initiatives have included proposals for ecosystem restoration and various strategies to address the losses experienced by holders of bridged assets. The status of 1usdc is closely tied to these ongoing governance decisions and the long-term roadmap of the Harmony protocol as it works to move beyond the security incident and rebuild its cross-chain infrastructure. Currently, it remains a legacy asset from the original Horizon Bridge era. Learn more

Is Harmony Horizon Bridged USDC (Harmony) (1USDC) a good investment?

Whether Harmony Horizon Bridged USDC (Harmony) (1USDC) 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 Horizon Bridged USDC (Harmony) (1USDC) 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 1USDC 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
1USDC
Date
2026-06-12
You will earn $-- in profit, with an ROI of --

What can you do with Harmony Horizon Bridged USDC (Harmony) (1USDC)?

Investment
Buy and hold Harmony Horizon Bridged USDC (Harmony) (1USDC), expecting its value to increase over time.
Investment
Trade
Actively trade Harmony Horizon Bridged USDC (Harmony) (1USDC) on LBank to profit from price fluctuations.
Trade
Pay
Use Harmony Horizon Bridged USDC (Harmony) (1USDC) to pay for goods and services where accepted.
Pay

Why is LBank the best platform to buy Harmony Horizon Bridged USDC (Harmony) (1USDC)?

User-friendly interface
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Harmony Horizon Bridged USDC (Harmony) (1USDC).
Competitive fees
Competitive fees
LBank provides competitive trading fees for Harmony Horizon Bridged USDC (Harmony) (1USDC).
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 Harmony Horizon Bridged USDC (Harmony) (1USDC).
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 Harmony Horizon Bridged USDC (Harmony) (1USDC) anytime, anywhere using the LBank mobile app.
High liquidity
High liquidity
LBank offers excellent liquidity for Harmony Horizon Bridged USDC (Harmony) (1USDC) 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 1USDC, what is the best way to store it?

After buying 1USDC, 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

Harmony Horizon Bridged USDC (Harmony) (1USDC) FAQ

Harmony Horizon Bridged USDC (1USDC) is a version of USDC that was transferred from the Ethereum blockchain to the Harmony network using the Horizon Bridge. Its purpose was to enable users to utilize USDC within the Harmony ecosystem, typically maintaining a 1:1 value mapping when bridged.
On June 23, 2022, the Harmony Horizon Bridge was exploited, resulting in the theft of various crypto assets, including USDC. This hack occurred due to the compromise of private keys securing the bridge. The exploit subsequently caused 1USDC to significantly de-peg from its intended stable value, meaning its worth on the Harmony network became substantially less than a native USDC.
While the Horizon Bridge was originally designed for two-way transfers between Harmony and Ethereum, allowing 1USDC to return to native USDC, the hack severely complicated this process. Users have reported encountering substantial slippage when attempting to bridge their de-pegged 1USDC out of the Harmony network. Generally, bridged tokens are restricted to being sent back only to their original source chain.
Harmony has initiated recovery efforts for the de-pegged assets. These efforts include using a burn contract to reduce the circulating supply, with the aim of potentially offering improved redemption rates over time. The team also offered a bounty for the return of stolen funds and collaborated with law enforcement on investigations. While community discussions have mentioned a Harmony Recovery fund for converting 1USDC to USDS, the effectiveness and availability of such options remain a common concern.
The main risk for 1USDC holders stems from its de-pegged status and the resulting loss of value following the Horizon Bridge exploit. This situation means the token no longer maintains its intended 1:1 peg with native USDC. Consequently, its market value is considerably altered, making it significantly more volatile and inherently less stable than its native counterpart.
The Horizon Bridge hack was a direct result of compromised private keys used to sign transactions on the Ethereum side of the bridge. Attackers successfully gained control of at least two out of the four bridge validator private keys, enabling them to steal a significant amount of various assets. Harmony's analysis suggested the attack involved methods such as phishing, unauthorized access to non-public bridge code, and backdoor access to servers.

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