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
![Centrifuge [OLD] (CFG)](/static-backend/exchangeBm-upload/img/seo/SEO_centrifuge.PNG?x-oss-process=image/format,webp)
Buy Centrifuge [OLD] (CFG) in Mexico
Learn how to buy Centrifuge [OLD] (CFG) 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 CFG on LBank
How to Buy CFG on LBank: Payment Methods Overview
Explore the available payment methods for buying CFG 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 CFG.
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 Centrifuge [OLD] (CFG) on LBank?
Check the preparations required before buying Centrifuge [OLD] (CFG) 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 CFG 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 Centrifuge [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 Centrifuge [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 Centrifuge [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 Centrifuge [OLD].
LBank supports multiple payment methods
You can use the following payment methods to purchase Centrifuge [OLD] 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 Centrifuge [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 |
|---|---|---|---|---|
LO Loyalty_Trader 1118 min | 100% | 0.918 USD | 7763.29 USDT 500.000 - 7100.000USD | Bank Transfer | |
YY YYDS_Trader 700 min | 100% | 0.918 USD | 3412.98 USDT 400.000 - 3000.000USD | Bank Transfer | |
AM AMG_Trading 1036 min | 100% | 0.918 USD | 7303.57 USDT 200.000 - 6704.677USD | Bank Transfer |
What is Centrifuge [OLD] (CFG)?
Centrifuge is a decentralized finance (DeFi) lending protocol that aims to bridge the gap between traditional finance and blockchain technology. Its primary goal is to make credit more accessible for small businesses and to offer investors a stable yield by connecting real-world assets with the DeFi space. This project strives to lower the cost of capital for small and mid-size enterprises. The platform functions by tokenizing real-world assets, such as invoices, real estate, and royalties, into Non-Fungible Tokens (NFTs). These tokenized assets can then be used as collateral to secure financing through Centrifuge's decentralized application (dApp) called Tinlake. Tinlake serves as a marketplace for these tokenized real-world assets. Centrifuge is built on Parity Substrate and originally operated as its own blockchain, known as Centrifuge Chain. It is designed to be compatible with Polkadot parachains and bridges the ecosystems of both Polkadot and Ethereum, leveraging the benefits of each. The Centrifuge Chain manages asset pools and on-chain governance. The native utility and governance token for the Centrifuge protocol is CFG. This token has several functions within the ecosystem, including paying transaction fees, staking to help secure the network and earn rewards, and participating in the project's governance by voting on various proposals and upgrades. The designation "Centrifuge [OLD]" refers to a token migration process. As of mid-March 2025, the CFG token is transitioning from the legacy Centrifuge Chain to Ethereum as a new ERC20 compatible token, with the new token going live on May 20, 2025. Holders of the older CFG and Wrapped CFG (WCFG) tokens can swap them for the new ERC20 CFG token on a one-to-one basis. Centrifuge was co-founded by a German team, which includes Lucas Vogelsang. Learn more
Is Centrifuge [OLD] (CFG) a good investment?
Whether Centrifuge [OLD] (CFG) 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 Centrifuge [OLD] (CFG) 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 CFG 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?
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$
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CFGDate
2026-06-06
You will earn $-- in profit, with an ROI of --
What can you do with Centrifuge [OLD] (CFG)?
Investment
Buy and hold Centrifuge [OLD] (CFG), expecting its value to increase over time.
Trade
Actively trade Centrifuge [OLD] (CFG) on LBank to profit from price fluctuations.
Pay
Use Centrifuge [OLD] (CFG) to pay for goods and services where accepted.
Why is LBank the best platform to buy Centrifuge [OLD] (CFG)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Centrifuge [OLD] (CFG).
Competitive fees
LBank provides competitive trading fees for Centrifuge [OLD] (CFG).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Centrifuge [OLD] (CFG).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Centrifuge [OLD] (CFG) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Centrifuge [OLD] (CFG) 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 CFG, what is the best way to store it?
After buying CFG, 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
Centrifuge [OLD] (CFG) FAQ
Centrifuge bridges real-world assets (RWAs) with decentralized finance (DeFi), aiming to make credit more accessible for businesses and offer stable yields for investors. It tackles traditional credit market issues like fragmentation and illiquidity by tokenizing physical assets (e.g., invoices, real estate) into NFTs. These NFTs can then serve as collateral for loans via DeFi protocols. Blockchain technology provides the necessary transparency, immutability, and security, removing intermediaries to create a more efficient and accessible financing system.
CFG is Centrifuge's native governance token. Its value derives from several functions: governance, allowing holders to vote on protocol upgrades and strategic decisions; transaction fees within the platform; and incentivization, with newly minted CFG tokens used to promote adoption and retain Total Value Locked (TVL). The network has a 3% annual inflation rate, with new tokens allocated to the Centrifuge DAO Treasury. The total supply after a recent migration increased to 680,000,000 CFG, with 115 million new tokens for incentives.
Centrifuge was co-founded by a German team, with Lucas Vogelsang as CEO. The co-founders possess strong backgrounds in finance and technology, having previously founded successful companies like DeinDeal and FinTech provider Taulia. This experience suggests a capable team. The project has also secured nearly $12 million in funding from notable investors, indicating external validation of the team's vision and execution capabilities.
Centrifuge prioritizes security, leveraging audits and partnering with major DeFi platforms. However, like all Web3 projects, it faces general risks such as smart contract vulnerabilities, phishing attacks, and rug pulls. Specific to Centrifuge, risks also stem from the complexity of integrating with traditional credit markets and managing liquidity pools. Robust compliance frameworks are crucial as tokenized securities grow, requiring continuous vigilance against evolving threats in both digital and traditional financial realms.
Centrifuge is evolving from a specialized RWA lender to an institutional platform. Its roadmap includes expanding institutional RWA offerings with sector-specific indices and closed pools. A key development was the migration of its CFG token to an ERC-20 standard in 2025, enabling deployment across EVM chains like Ethereum, Avalanche, and Base, enhancing cross-chain interoperability. Partnerships with institutional entities like Janus Henderson are crucial for integrating traditional finance and boosting liquidity and visibility.
The "[OLD]" designation signifies the legacy Substrate-based Centrifuge Chain CFG token. Centrifuge migrated its token to an ERC-20 standard on Ethereum in mid-March 2025, making it fully EVM-native for enhanced compatibility and deployment across chains like Avalanche and Base. This move boosts liquidity and institutional scalability. However, the migration also involved minting 115 million new CFG tokens, which, along with the 3% annual inflation, could lead to token dilution and concerns about supply changes. The migration window remains open until November 30, 2025.
