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 Ycash (YEC) on LBank
Learn how to buy Ycash (YEC) 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 YEC on LBank
How to Buy YEC on LBank: Payment Methods Overview
Explore the available payment methods for buying YEC 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 YEC.
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 Ycash (YEC) on LBank?
Check the preparations required before buying Ycash (YEC) 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 YEC 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 Ycash 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 Ycash. 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 Ycash 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 Ycash.
LBank supports multiple payment methods
You can use the following payment methods to purchase Ycash 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 Ycash 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 |
|---|---|---|---|---|
LO Loyalty_Trader 333 min | 100% | 0.918 USD | 8606.23 USDT 500.000 - 7100.000USD | Bank Transfer | |
ON ONLY-MALAYSAN-MYR 928 min | 100% | 1.000 USD | 4249.87 USDT 10.000 - 3000.000USD | Bank Transfer | |
FA Fast_Trader_MY 823 min | 100% | 1.000 USD | 29.25 USDT 15.000 - 29.250USD | Bank Transfer |
What is Ycash (YEC)?
Ycash, which uses the ticker YEC, is a decentralized digital currency project that launched in July 2019. It originated as a chain fork of the Zcash blockchain at block height 570,000. Because it is a fork, individuals who held Zcash private keys at the time of the split were able to claim an equivalent amount of Ycash. The project is built upon the Zcash codebase, which itself is derived from the original Bitcoin software. The primary goal of Ycash is to address what its founders call the distribution problem in cryptocurrency. While many projects are dominated by specialized industrial mining hardware known as ASICs, Ycash is designed to be mined using commodity hardware, such as consumer grade graphics cards. It achieves this through a Proof of Work consensus mechanism utilizing the Equihash 192,7 algorithm, which is memory intensive and intended to maintain ASIC resistance. This approach aims to ensure a more equitable and decentralized distribution of the currency among a broader community of users. Technically, Ycash inherits the privacy features of Zcash, specifically the use of zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge). This technology allows for shielded transactions where the sender, receiver, and amount can remain private on the public blockchain. To prevent accidental transfers between Zcash and Ycash, the project implemented unique address formats that are distinct from those used by Zcash. The economic model of Ycash mirrors that of Bitcoin and Zcash, with a hard cap of 21 million coins to protect against inflation. The project emphasizes a fair distribution model where a vast majority of the total supply is allocated to miners through the free market mining process. A small portion of the block rewards is directed toward the Ycash Development Fund, which is managed by the Ycash Foundation, a non-profit organization dedicated to the ongoing maintenance and promotion of the network. Ycash positions itself as a fast, borderless, and community driven version of digital cash. It supports both transparent and private transactions, giving users the choice of how they handle their financial data. The project remains active through community governance and ongoing development, with the Ycash Foundation overseeing the roadmap and technical upgrades to ensure the long term sustainability and security of the network. Learn more
Is Ycash (YEC) a good investment?
Whether Ycash (YEC) 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 Ycash (YEC) 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 YEC 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
YECDate
2026-06-09
You will earn $-- in profit, with an ROI of --
What can you do with Ycash (YEC)?
Investment
Buy and hold Ycash (YEC), expecting its value to increase over time.
Trade
Actively trade Ycash (YEC) on LBank to profit from price fluctuations.
Pay
Use Ycash (YEC) to pay for goods and services where accepted.
Why is LBank the best platform to buy Ycash (YEC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Ycash (YEC).
Competitive fees
LBank provides competitive trading fees for Ycash (YEC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Ycash (YEC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Ycash (YEC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Ycash (YEC) 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 YEC, what is the best way to store it?
After buying YEC, 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
Ycash (YEC) FAQ
Ycash is a "friendly fork" of Zcash that launched at block height 570,000 in July 2019. While it shares the same foundational codebase, it was created to address two primary concerns: the "Founders' Reward" and mining centralization. Ycash reduced the development tax from 20% to 5% and committed to maintaining ASIC resistance to ensure mining remains accessible to users with commodity hardware like GPUs. Unlike contentious forks, it aims to exist as a complementary chain, catering to users who prefer a smaller development tax and a focus on fair distribution via home-based mining.
Yes, Ycash is an active project managed by the non-profit Ycash Foundation, with over five years of continuous development. It regularly releases software updates, including its signature YWallet and bridge infrastructure. The term "friendly fork" signifies that Ycash was not intended to replace or compete aggressively with its predecessor. Instead, it serves as a "brother" chain that utilizes the same core technology but targets a different niche, specifically focusing on GPU-based mining and a more conservative development fund to support the ecosystem's long-term growth.
Ycash uses the Equihash 192,7 algorithm, also known as "Personal Equihash," which is specifically engineered to be ASIC-resistant. This allows the network to be secured by consumer-grade GPUs rather than expensive, specialized hardware. The project addresses the "Distribution Problem" by ensuring that mining rewards are not monopolized by large industrial manufacturers. By maintaining ASIC resistance, Ycash aims to keep the distribution of new coins in the hands of average users with home computers, promoting a more decentralized and fair network environment.
WRY is a Web3-compatible token that represents YEC on other prominent blockchains, such as BNB Chain and Ethereum. This wrapped version allows YEC holders to participate in various Decentralized Finance (DeFi) ecosystems. To facilitate this, the project provides the "Wry Pipe," an official bridge used to swap native YEC for WRY and back. While native YEC cannot be traded directly on decentralized exchanges (DEXs), WRY can be used on major DEX platforms. The bridge currently has daily aggregate caps to manage liquidity and ensure security for all participants.
Ycash has a fixed total supply of 21 million coins, mirroring the supply caps of Bitcoin and Zcash. A key feature of its tokenomics is the 5% Development Fund. Unlike the original 20% reward structure seen in similar projects, this smaller percentage is managed by a non-profit foundation. These funds are strictly allocated for maintaining infrastructure, developing software like YWallet, and covering costs associated with the bridging ecosystem. This model aims to provide sustainable funding for software maintenance and project health without overly diluting the rewards for miners.
Ycash prioritizes user privacy by utilizing zk-SNARKs (Zero-Knowledge Proofs). This technology enables "shielded" transactions, where the sender, receiver, and transaction amount remain hidden from the public blockchain. For secure storage, the most recommended option is YWallet. It is a specialized wallet that supports both Ycash and Zcash, offering full compatibility with shielded private transactions on both mobile and desktop platforms. Users are reminded to always maintain control of their private keys and avoid sharing them with unverified third-party tools when managing their assets.
