WanSwap [OLD] (WASP)

How to Buy WanSwap [OLD] (WASP) on LBank

Learn how to buy WanSwap [OLD] (WASP) 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 WASP on LBank

Register an LBank account

How to Buy WASP on LBank: Payment Methods Overview

Explore the available payment methods for buying WASP 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 WASP.

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 WanSwap [OLD] (WASP) on LBank?

Check the preparations required before buying WanSwap [OLD] (WASP) 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 WASP 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 WanSwap [OLD] 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 WanSwap [OLD]. 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 WanSwap [OLD] 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 WanSwap [OLD].

LBank supports multiple payment methods

You can use the following payment methods to purchase WanSwap [OLD] 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 WanSwap [OLD] 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
617 min | 100%
0.954 USD
2000.00 USDT
400.000 - 1900.000USD
Bank Transfer
AM
AMG_Trading
835 min | 100%
0.954 USD
6809.06 USDT
200.000 - 6495.843USD
Bank Transfer
ET
ETZ_Trader
1193 min | 100%
0.954 USD
5316.00 USDT
300.000 - 4900.000USD
Bank Transfer

What is WanSwap [OLD] (WASP)?

WanSwap is a decentralized exchange protocol that operates on the Wanchain blockchain. It is built using an automated market maker model, which allows users to trade digital assets directly from their wallets without the need for a central intermediary. The project was inspired by established decentralized exchanges like Uniswap and SushiSwap but specifically leverages the cross-chain infrastructure of its native network. This technology enables the platform to support the trading of assets from various different blockchains, such as Bitcoin and Ethereum, in the form of wrapped tokens like wanBTC and wanETH. The WASP token serves as the native utility and governance token for the WanSwap ecosystem. Within the platform, users can utilize the token for several purposes. It is primarily used for community governance, allowing holders to participate in decision-making processes such as voting on protocol updates, adjustments to rewards, and the addition of new features. Additionally, the token is distributed as an incentive to liquidity providers who contribute their assets to the exchange's trading pools. Users can also engage in yield farming and staking through features like the Hive, which allow for further participation in the ecosystem's activities. The designation of OLD in the token's name refers to its status as the original version of the project's contract. WanSwap underwent a migration process where the platform transitioned from its initial v1 smart contract to a newer v2 version. This transition was part of an upgrade intended to improve the protocol's functionality and performance. As a result, the older version of the token is typically labeled as OLD on tracking platforms and exchanges to distinguish it from the current active version used in the updated ecosystem. As a community-driven project, WanSwap relies on its decentralized network of users and contributors. Its primary focus remains on providing a cross-chain decentralized finance environment that offers interoperability across multiple blockchain networks. By utilizing Wanchain's bridge technology, the platform aims to facilitate a more connected and efficient ecosystem for decentralized asset exchange. Learn more

Is WanSwap [OLD] (WASP) a good investment?

Whether WanSwap [OLD] (WASP) 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 WanSwap [OLD] (WASP) 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 WASP 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
WASP
Date
2026-06-07
You will earn $-- in profit, with an ROI of --

What can you do with WanSwap [OLD] (WASP)?

Investment
Buy and hold WanSwap [OLD] (WASP), expecting its value to increase over time.
Investment
Trade
Actively trade WanSwap [OLD] (WASP) on LBank to profit from price fluctuations.
Trade
Pay
Use WanSwap [OLD] (WASP) to pay for goods and services where accepted.
Pay

Why is LBank the best platform to buy WanSwap [OLD] (WASP)?

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

After buying WASP, 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

WanSwap [OLD] (WASP) FAQ

Users can convert their V1 tokens to V2 at a 1:1 ratio. To perform the conversion, connect a Wanchain-compatible wallet to the official protocol interface and use the provided migration tool. According to official project updates, there is currently no deadline or expiry date for this conversion service.
Direct migration of LP tokens is not supported. You must first remove your liquidity from the V1 pools to receive your V1 WASP and paired assets. Next, convert the V1 WASP to V2 via the official conversion tool. Finally, you can add liquidity to the new V2 pools to resume participation. If your tokens are currently locked in ecosystem platforms, you must wait for the lock period to conclude before initiating this process.
The transition to V2 introduced an updated supply model. While the V1 supply was distributed over a shorter timeframe, the V2 protocol increased the maximum supply cap to accommodate an extended eight-year distribution schedule. This change is designed to provide sustained rewards for long-term liquidity providers and stakers within the ecosystem.
Major market data platforms and price tracking sites often mark the V1 token as "OLD" because the project's liquidity has transitioned to the V2 protocol. For accurate information regarding your holdings and protocol activity, you should refer to the V2 token data, as the tokens are swappable at a 1:1 ratio.
To view your tokens, ensure your wallet is configured to the Wanchain network. You may need to manually import the token using its specific contract address. The V1 contract address is 0x8b9f9f4aa70b1b0d586be8adfb19c1ac38e05e9a. For V2, always verify and obtain the correct contract address directly from the official project website before adding it to your wallet.
No. All farming and staking rewards for the V1 protocol have been discontinued. To continue earning yield or participating in governance, users must migrate their assets to the V2 protocol. Active rewards and protocol utility are now exclusively associated with the V2 token.

How to buy other crypto assets