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 SODAX (SODA) on LBank
Learn how to buy SODAX (SODA) 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 SODA on LBank
How to Buy SODA on LBank: Payment Methods Overview
Explore the available payment methods for buying SODA 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 SODA.
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 SODAX (SODA) on LBank?
Check the preparations required before buying SODAX (SODA) 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 SODA 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 SODAX 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 SODAX. 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 SODAX 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 SODAX.
LBank supports multiple payment methods
You can use the following payment methods to purchase SODAX 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 SODAX 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 |
|---|---|---|---|---|
YY YYDS_Trader 882 min | 100% | 0.936 USD | 3211.18 USDT 400.000 - 3000.000USD | Bank Transfer | |
AM AMG_Trading 366 min | 100% | 0.936 USD | 6268.52 USDT 200.000 - 5867.000USD | Bank Transfer | |
ET ETZ_Trader 700 min | 100% | 0.936 USD | 5316.00 USDT 300.000 - 4900.000USD | Bank Transfer |
What is SODAX (SODA)?
SODAX (SODA) is a Web3 project that functions as a cross-chain decentralized finance (DeFi) platform and an execution coordination system. Its primary goal is to enable applications to perform complex financial actions across various blockchain networks. The project evolved from the ICON project, with a rebranding to SODAX occurring in October 2025. This transition included a 1:1 ICX-to-SODA token swap and a migration of its core infrastructure to Sonic, a high-speed, EVM-compatible Layer 1 blockchain. SODAX employs a high-performance hub-and-spoke architecture, anchored on the Sonic blockchain, to manage and simplify asynchronous execution across different chains. It connects both EVM (Ethereum Virtual Machine) and non-EVM networks through a unified intent-based system. This allows for seamless activities like swapping, lending, and borrowing across more than 12 blockchains, including Ethereum, Solana, Sui, and Stellar. Key features of SODAX include its Unified Liquidity Layer, which enhances capital efficiency and provides low-slippage access. It also utilizes Protocol-owned Liquidity (POL) to provide a baseline inventory for supported assets and to bootstrap the network. SODAX aims to simplify the user experience through Smart Wallet Abstraction, which creates deterministic proxy wallets to maintain a consistent user identity across multiple chains without manual management. Its Chain Abstraction infrastructure facilitates complex transactions, such as "swap and deposit," across different networks with a single user intent. Additionally, the platform's Solver SDK optimizes transactions by abstracting away complexities like gas fees, slippage, and token wrapping. This approach allows users to interact with DeFi products across chains without needing to manually bridge or wrap tokens. Learn more
Is SODAX (SODA) a good investment?
Whether SODAX (SODA) 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 SODAX (SODA) 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 SODA 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
SODADate
2026-06-07
You will earn $-- in profit, with an ROI of --
What can you do with SODAX (SODA)?
Investment
Buy and hold SODAX (SODA), expecting its value to increase over time.
Trade
Actively trade SODAX (SODA) on LBank to profit from price fluctuations.
Pay
Use SODAX (SODA) to pay for goods and services where accepted.
Why is LBank the best platform to buy SODAX (SODA)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling SODAX (SODA).
Competitive fees
LBank provides competitive trading fees for SODAX (SODA).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for SODAX (SODA).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade SODAX (SODA) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for SODAX (SODA) 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 SODA, what is the best way to store it?
After buying SODA, 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
SODAX (SODA) FAQ
SODAX (SODA) represents the new identity of the ICON Network, transforming into Soda Xchange, a vertically integrated DeFi App Platform. This rebrand involves a migration from the existing $ICX token to the new $SODA token. The project aims to deliver a fast and seamless DeFi experience by merging essential DeFi components like money markets, CDP-style stablecoins, and decentralized exchanges (DEXs) within a single, unified web interface. This consolidation is designed to enhance user experience and streamline access to various DeFi primitives.
The SODA token will serve as the primary governance token for the SODAX platform, replacing both $ICX and $BALN. It introduces an improved fee-driven growth model where generated fees will be allocated to several key areas. These include funding the DAO treasury, supporting staking rewards for participants, implementing programmatic token burns to manage supply, and driving the growth of Protocol-Owned Liquidity (POL). This multi-faceted utility aims to align incentives and foster sustainable ecosystem development.
The migration involves a direct token swap, allowing $ICX holders to exchange their tokens for $SODA at a one-to-one (1:1) ratio. This process also integrates $BALN tokens, which will first merge with $ICX and then migrate to $SODA. The objective is to simplify governance and concentrate value into a single, unified token. The migration will be conducted on the Sonic platform, which serves as the new hub chain infrastructure for SODAX. A test migration phase commenced on September 15, 2025, with the final migration date dependent on the ICON Network's readiness for halting.
Existing $ICX tokens remain tradeable and usable within the existing decentralized exchange until the official migration occurs. Once the development team is prepared, $ICX can be swapped for $SODA. Similarly, $BALN token holders have the option to migrate to $SODA, with specific terms potentially varying based on their lock-up durations. Ultimately, the $SODA token is designed to supersede both $ICX and $BALN, consolidating their functionalities and governance roles into a single token within the new SODAX ecosystem.
A significant change with $SODA is its fixed maximum supply of 1.5 billion tokens, a departure from the previous uncapped model of the ICON Network. Out of this total, 1.08 billion $SODA tokens are currently unlocked and considered part of the circulating supply, while 420 million tokens are either locked or otherwise non-circulating. Crucially, no additional $SODA tokens can or will be minted in the future, ensuring a hard cap. Furthermore, the annual $ICX emissions, which are currently around 3%, are scheduled to cease once $SODA staking is initiated.
SODAX is transitioning its hub chain infrastructure from the ICON Network to the Sonic blockchain, a high-performance EVM Layer 1 solution. This strategic move aims to achieve several critical objectives. Firstly, it seeks to reduce token emissions and significantly lower operational costs associated with the protocol. Secondly, it is intended to substantially increase scalability, allowing for greater transaction throughput and network efficiency. Lastly, this shift is expected to enhance the potential for protocol fees, thereby allowing more resources to be reallocated towards core protocol development and driving wider adoption of the SODAX ecosystem.
