Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI)

How to Buy Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) on LBank

Learn how to buy Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) 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 DAI on LBank

Register an LBank account

How to Buy DAI on LBank: Payment Methods Overview

Explore the available payment methods for buying DAI 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 DAI.

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 DAI (Harmony Shard 0) (DAI) on LBank?

Check the preparations required before buying Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) 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 DAI 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 DAI (Harmony Shard 0) 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 DAI (Harmony Shard 0). 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 DAI (Harmony Shard 0) 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 DAI (Harmony Shard 0).

LBank supports multiple payment methods

You can use the following payment methods to purchase Harmony Horizon Bridged DAI (Harmony Shard 0) 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 DAI (Harmony Shard 0) 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
684 min | 100%
1.000 USD
4488.44 USDT
10.000 - 3000.000USD
Bank Transfer
PO
Ponreay_FX
1063 min | 100%
1.001 USD
1089.17 USDT
10.000 - 1090.259USD
Wing Money
True Money (Cambodia)
Bank Transfer (Cambodia)
ABA (Cambodia)
SS
Sswap
531 min | 100%
1.001 USD
1332.55 USDT
55.000 - 1333.882USD
Wing Money
True Money (Cambodia)
Bank Transfer (Cambodia)
ABA (Cambodia)

What is Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI)?

Harmony Horizon Bridged DAI is a digital token that exists on the Harmony blockchain, specifically within Shard 0 of its network. This token is a bridged version of DAI, a popular decentralized stablecoin originally created on the Ethereum network. It was brought to the Harmony ecosystem through the Horizon Bridge, which is a cross-chain protocol designed to allow assets to move between different blockchains like Ethereum, Binance Smart Chain, and Harmony. Under normal operation, the Horizon Bridge works by locking the original DAI tokens in a smart contract on the Ethereum side and then minting an equivalent amount of bridged DAI on the Harmony side. This process is intended to ensure that every bridged token on Harmony is backed one to one by the original asset held in reserve. In June 2022, the Horizon Bridge experienced a major security breach. Attackers managed to compromise the private keys of the multi-signature wallet that secured the bridge. This allowed them to unauthorizedly withdraw the underlying assets held as collateral on the Ethereum side. Because the assets backing the bridged tokens were removed from the bridge contracts, the Harmony Horizon Bridged DAI and several other bridged assets on the network lost their full collateralization. Following this event, the token became what is often referred to in the community as a legacy or depegged asset. While the token still exists on the Harmony blockchain and can be found on its block explorer, it no longer maintains its intended value relationship with the original DAI stablecoin due to the missing reserves. The Harmony project itself is a layer one blockchain that uses a technique called sharding to scale its network. Sharding splits the blockchain into parallel segments to increase transaction speeds and lower costs. Shard 0 serves as the primary shard for the network's consensus and coordination. The Horizon Bridge was a central part of Harmony's strategy to foster a multichain environment, though the 2022 exploit significantly impacted the usage and trust of its bridged assets. Efforts by the Harmony team and community have since focused on recovery plans and transitioning to newer, more secure bridging solutions. Learn more

Is Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) a good investment?

Whether Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) 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 DAI (Harmony Shard 0) (DAI) 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 DAI 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
DAI
Date
2026-06-15
You will earn $-- in profit, with an ROI of --

What can you do with Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI)?

Investment
Buy and hold Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI), expecting its value to increase over time.
Investment
Trade
Actively trade Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) on LBank to profit from price fluctuations.
Trade
Pay
Use Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) to pay for goods and services where accepted.
Pay

Why is LBank the best platform to buy Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI)?

User-friendly interface
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI).
Competitive fees
Competitive fees
LBank provides competitive trading fees for Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI).
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 DAI (Harmony Shard 0) (DAI).
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 DAI (Harmony Shard 0) (DAI) anytime, anywhere using the LBank mobile app.
High liquidity
High liquidity
LBank offers excellent liquidity for Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) 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 DAI, what is the best way to store it?

After buying DAI, 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

Learn more about Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI)

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Harmony Horizon Bridged DAI (Harmony Shard 0) (DAI) FAQ

The token lost its value following the Horizon Bridge security breach. The collateral assets that originally backed the token on the Ethereum network were compromised. This left the DAI tokens on the Harmony network without the necessary reserves, transforming them into unbacked assets that no longer track their original target value.
Recovery is viewed as a long-term process. Harmony has explored various proposals, including using treasury funds and implementing liquidity incentives to slowly burn depegged assets. There is currently no active mechanism for a full reimbursement. Instead, the focus has shifted toward incremental recovery efforts and buybacks over a multi-year period rather than a single recovery event.
Currently, you cannot bridge this specific version of DAI back to Ethereum for its original value. Because the bridge's vault was depleted during the exploit, there is no collateral available to honor a swap. The token remains a legacy asset within the Harmony ecosystem until further recovery mechanisms are fully implemented.
Users can manage their tokens by manually adding the contract address to their digital wallets. Trading is generally limited to specific decentralized exchanges within the Harmony network that still maintain liquidity for depegged assets. However, liquidity is often low, and users should exercise caution when attempting to swap or exit their positions on these platforms.
Many users who had these tokens deposited in various lending and borrowing protocols on Harmony experienced liquidations or were unable to withdraw their collateral following the hack. The sudden loss of backing caused a collapse in the asset's utility within the decentralized finance ecosystem, leaving many positions undercollateralized or locked.
Because this is a specific bridged asset, it may not automatically appear in your wallet's asset list. To view your balance, you must manually import the token using its Harmony Shard 0 contract address: 0xef977d2f931c1978db5f6747666fa1eacb0d0339. This will allow you to track your holdings and interact with available decentralized applications on the network.

How to buy other crypto assets