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 PUSD_Polyquity (PUSD) on LBank
Learn how to buy PUSD_Polyquity (PUSD) 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 PUSD on LBank
How to Buy PUSD on LBank: Payment Methods Overview
Explore the available payment methods for buying PUSD 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 PUSD.
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 PUSD_Polyquity (PUSD) on LBank?
Check the preparations required before buying PUSD_Polyquity (PUSD) 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 PUSD 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 PUSD_Polyquity 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 PUSD_Polyquity. 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 PUSD_Polyquity 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 PUSD_Polyquity.
LBank supports multiple payment methods
You can use the following payment methods to purchase PUSD_Polyquity 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 PUSD_Polyquity 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 |
|---|---|---|---|---|
AM AMG_Trading 1076 min | 100% | 0.918 USD | 6585.71 USDT 200.000 - 6045.681USD | Bank Transfer | |
18 180-fast24x7 1138 min | 100% | 1.000 USD | 10.00 USDT 10.000 - 10.000USD | Bank Transfer | |
ON ONLY-MALAYSAN-MYR 691 min | 95.65% | 1.000 USD | 4979.26 USDT 10.000 - 3000.000USD | Bank Transfer |
What is PUSD_Polyquity (PUSD)?
PUSDPolyquity (PUSD) is a decentralized stablecoin that operates on the Polygon network. It is designed to be pegged to the US Dollar and is a core component of the PolyQuity protocol. The PolyQuity protocol itself is a decentralized borrowing platform that allows users to obtain interest-free loans. These loans are issued in PUSD and are secured by staking Matic as collateral. Borrowers are required to maintain a minimum collateral ratio of 110%. The stability of the loans is further supported by a Stability Pool, which holds PUSD, and by other borrowers who act as collective guarantors. PolyQuity is a variation of the Liquity protocol, originally found on the Ethereum blockchain, adapted for the Polygon network. A mechanism to help maintain PUSD's peg involves the ability to redeem PUSD for its underlying collateral (Matic) at face value. The project has also introduced a secondary token, PYQ, which is designed to capture protocol fee revenue and encourage participation. Furthermore, the PolyQuity system underwent an upgrade to support multiple types of collateral, which led to the introduction of PUSD.TOKEN and a new stablecoin called PolyQuity Dollar (PYD). PUSD is available for trading on decentralized exchanges, such as Sushiswap on Polygon POS. Learn more
Is PUSD_Polyquity (PUSD) a good investment?
Whether PUSD_Polyquity (PUSD) 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 PUSD_Polyquity (PUSD) 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 PUSD 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
PUSDDate
2026-06-06
You will earn $-- in profit, with an ROI of --
What can you do with PUSD_Polyquity (PUSD)?
Investment
Buy and hold PUSD_Polyquity (PUSD), expecting its value to increase over time.
Trade
Actively trade PUSD_Polyquity (PUSD) on LBank to profit from price fluctuations.
Pay
Use PUSD_Polyquity (PUSD) to pay for goods and services where accepted.
Why is LBank the best platform to buy PUSD_Polyquity (PUSD)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling PUSD_Polyquity (PUSD).
Competitive fees
LBank provides competitive trading fees for PUSD_Polyquity (PUSD).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for PUSD_Polyquity (PUSD).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade PUSD_Polyquity (PUSD) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for PUSD_Polyquity (PUSD) 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 PUSD, what is the best way to store it?
After buying PUSD, 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
PUSD_Polyquity (PUSD) FAQ
PUSD is the native stablecoin of Polyquity on the Polygon network, specifically designed to maintain a stable peg to the US Dollar. Its primary function is to serve as a decentralized, collateral-backed stablecoin that users can borrow. It is minted by staking MATIC as collateral, providing a capital-efficient method for users to access stablecoin liquidity without divesting their underlying assets.
PUSD loans are collateralized by MATIC, which is the native cryptocurrency of the Polygon network. To uphold the system's stability and solvency, the Polyquity protocol mandates a minimum collateral ratio of 110%. This means that for every 100 PUSD borrowed, users must supply at least 110 units worth of MATIC collateral, providing a crucial buffer against potential market volatility.
Yes, a distinguishing feature of the Polyquity protocol is its provision of interest-free loans. When users borrow PUSD by depositing MATIC as collateral into a 'Trove,' they are not subjected to ongoing interest payments on their borrowed amount. Instead, the protocol typically applies a one-time borrowing fee at the time of issuance, which contributes to the protocol's revenue streams and helps in maintaining the PUSD peg.
PUSD maintains its dollar peg through a combination of robust "hard peg mechanisms" and adaptable "soft peg mechanisms." Hard mechanisms include the ability for users to redeem 1 PUSD for $1 worth of underlying collateral (MATIC) and the strict minimum collateral ratio. Soft mechanisms, such as dynamically adjusted borrowing fees, are designed to incentivize market behaviors that consistently keep the stablecoin's market price anchored near its target peg.
PYQ is the secondary token of the Polyquity ecosystem, complementing the PUSD stablecoin. Its primary role is to capture a portion of the revenue generated by the protocol, which comes from various operations such as borrowing fees, transfer fees, and redemption fees. Additionally, PYQ serves as an incentive mechanism for early adopters and stakers, aligning their financial interests with the long-term growth and stability of the Polyquity protocol.
In Polyquity, a "Trove" is a user-created collateralized debt position where MATIC is deposited as collateral to mint PUSD. Each Trove operates independently, managing a user's borrowed PUSD. The "Stability Pool" is a crucial safeguard for the protocol's solvency. It comprises PUSD deposited by users to absorb liquidated collateral from Troves that fall below the minimum collateral ratio, ensuring the system's robustness and integrity. Stability Pool providers earn rewards from liquidations and PYQ incentives.
