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 Hermez Network (HEZ) on LBank
Learn how to buy Hermez Network (HEZ) 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 HEZ on LBank
How to Buy HEZ on LBank: Payment Methods Overview
Explore the available payment methods for buying HEZ 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 HEZ.
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 Hermez Network (HEZ) on LBank?
Check the preparations required before buying Hermez Network (HEZ) 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 HEZ 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 Hermez Network 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 Hermez Network. 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 Hermez Network 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 Hermez Network.
LBank supports multiple payment methods
You can use the following payment methods to purchase Hermez Network 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 Hermez Network 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 |
|---|---|---|---|---|
BA Bayon KH 117 min | 100% | 1.004 USD | 3507.99 USDT 10.000 - 1000.000USD | Wing Money Bank Transfer (Cambodia) ABA (Cambodia) | |
魁拔 魁拔ken 689 min | 100% | 1.020 USD | 2615.12 USDT 30.000 - 2667.422USD | Wing Money True Money (Cambodia) ABA (Cambodia) | |
PA Pago_Seguro_P2P 838 min | 100% | 1.021 USD | 498.51 USDT 10.000 - 200.000USD | Banco del Pacifico Banco Guayaquil Produbanco |
What is Hermez Network (HEZ)?
Hermez Network is a decentralized Layer 2 scaling solution for the Ethereum blockchain that utilizes zero knowledge rollup technology. Its primary goal is to improve the scalability of payments and token transfers by bundling thousands of transactions into a single batch. This process, known as a ZK rollup, uses cryptographic proofs called zk SNARKs to verify the validity of transactions off chain before settling them on the Ethereum mainnet. This approach significantly reduces the computational load on the primary network, allowing for faster processing speeds and lower resource requirements for users. One of the project's unique features is its Proof of Donation consensus mechanism. In this system, network participants known as coordinators compete in a decentralized auction for the right to process transaction batches. A portion of the successful bids is then directed toward funding community projects and public goods within the Ethereum ecosystem, aligning the network's growth with broader development goals. In August 2021, Hermez Network reached a major milestone by merging with Polygon, marking the first full scale merger between two independent blockchain networks. Following this integration, the project was renamed Polygon Hermez and became a core part of Polygon's suite of scaling solutions. As part of this transition, the technical team and technology from Hermez were integrated into the Polygon ecosystem to accelerate the development of zero knowledge technology. The native token of the project, HEZ, served as a utility token within the original Hermez ecosystem. It was used for participating in the coordinator auctions, staking, and governance decisions. After the merger with Polygon, a token swap process was initiated to transition HEZ holders into the MATIC ecosystem. Over time, the HEZ token was phased out as its functions were absorbed by Polygon's native infrastructure. The technology originally developed for Hermez eventually evolved into what is now known as Polygon zkEVM, a high performance scaling solution that maintains compatibility with the Ethereum Virtual Machine. Learn more
Is Hermez Network (HEZ) a good investment?
Whether Hermez Network (HEZ) 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 Hermez Network (HEZ) 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 HEZ 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
HEZDate
2026-06-09
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What can you do with Hermez Network (HEZ)?
Investment
Buy and hold Hermez Network (HEZ), expecting its value to increase over time.
Trade
Actively trade Hermez Network (HEZ) on LBank to profit from price fluctuations.
Pay
Use Hermez Network (HEZ) to pay for goods and services where accepted.
Why is LBank the best platform to buy Hermez Network (HEZ)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Hermez Network (HEZ).
Competitive fees
LBank provides competitive trading fees for Hermez Network (HEZ).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Hermez Network (HEZ).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Hermez Network (HEZ) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Hermez Network (HEZ) 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 HEZ, what is the best way to store it?
After buying HEZ, 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
Hermez Network (HEZ) FAQ
In August 2021, Hermez Network was acquired by Polygon. The project underwent a rebranding to Polygon Hermez, and its team, along with its specialized ZK-Rollup technology, was fully integrated into Polygon's comprehensive suite of scaling solutions. This integration allowed the Hermez team to significantly contribute to and eventually lead the development of the cutting-edge Polygon zkEVM, marking a pivotal transition for the network within the broader blockchain ecosystem.
Technically, no, the HEZ token is no longer actively supported for its original utility. It was officially retired and superseded by Polygon’s native token. Former HEZ holders had the opportunity to migrate their tokens, exchanging them for MATIC at a fixed ratio of 1 HEZ for 3.5 MATIC. While HEZ might still appear on some decentralized exchanges, it operates as a legacy asset with significantly reduced liquidity and utility, as most of its functions and value have transitioned into the Polygon ecosystem.
If you still possess original HEZ tokens, the migration mechanism was designed for extended availability. However, the Polygon ecosystem has further evolved. In September 2024, Polygon commenced the upgrade of its MATIC token to a new ticker, POL. Therefore, to fully transition, holders of HEZ generally need to first convert their HEZ to MATIC using the official migration pathway (if still active), and then proceed to upgrade that MATIC to POL. It is crucial to always use official Polygon Technology resources for migration links and never rely on unverified sources to protect your assets.
The Hermez Network was founded by a distinguished team of developers recognized within the Ethereum community: Antoni Martin, Jordi Baylina, and David Z. Jordi Baylina, in particular, holds a notable reputation for his critical involvement in the recovery efforts following the historic DAO hack. His expertise continued to be invaluable, as he later served as a lead developer for the Polygon zkEVM, a testament to the founding team's significant contributions to blockchain technology and scaling solutions.
Users should exercise extreme caution and be aware of potential scams. A recent surge of misinformation and fraudulent "airdrops" has emerged, falsely claiming that Hermez (HEZ) is a new over-collateralized stablecoin on the TON blockchain or is distributing a new airdrop. It is crucial to understand that the original Hermez Network is an integral part of Polygon and is not involved in any stablecoin initiative on the TON network. Any website or message prompting you to connect your wallet to claim a "HEZ Airdrop" in the current period is highly likely to be a wallet-draining scam designed to steal your assets.
Hermez was a significant pioneer in the field of Zero-Knowledge (ZK) Rollups, a foundational scaling technology. Their core contribution to Polygon included the development of Hermez 1.0, which was an early, payment-focused ZK-Rollup solution. More broadly, Hermez laid crucial groundwork and provided the specialized expertise essential for the creation of the Polygon zkEVM. This innovative solution enables Ethereum smart contracts to execute within a ZK-Rollup environment, dramatically reducing transaction fees while meticulously upholding the robust security assurances inherent to the Ethereum network.
