Multichain Bridged USDC (Moonbeam) (USDC)

How to Buy Multichain Bridged USDC (Moonbeam) (USDC) on LBank

Learn how to buy Multichain Bridged USDC (Moonbeam) (USDC) 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 USDC on LBank

Register an LBank account

How to Buy USDC on LBank: Payment Methods Overview

Explore the available payment methods for buying USDC 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 USDC.

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 Multichain Bridged USDC (Moonbeam) (USDC) on LBank?

Check the preparations required before buying Multichain Bridged USDC (Moonbeam) (USDC) 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 USDC 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 Multichain Bridged USDC (Moonbeam) 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 Multichain Bridged USDC (Moonbeam). 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 Multichain Bridged USDC (Moonbeam) 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 Multichain Bridged USDC (Moonbeam).

LBank supports multiple payment methods

You can use the following payment methods to purchase Multichain Bridged USDC (Moonbeam) 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 Multichain Bridged USDC (Moonbeam) 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
PO
Ponreay_FX
998 min | 100%
1.002 USD
2621.54 USDT
10.000 - 2626.783USD
Wing Money
True Money (Cambodia)
Bank Transfer (Cambodia)
ABA (Cambodia)
BA
Bayon KH
120 min | 100%
1.002 USD
1415.56 USDT
10.000 - 1000.000USD
Wing Money
Bank Transfer (Cambodia)
ABA (Cambodia)
MX
MX Exchange 汇旺
1679 min | 100%
1.002 USD
4105.92 USDT
55.000 - 4100.000USD
Wing Money
True Money (Cambodia)
ABA (Cambodia)

What is Multichain Bridged USDC (Moonbeam) (USDC)?

Multichain Bridged USDC (Moonbeam) is a digital token that exists on the Moonbeam network, which is a specialized blockchain operating as a parachain on the Polkadot ecosystem. This specific token represents a bridged version of USD Coin (USDC), a stablecoin originally issued by Circle. The token was created through the Multichain protocol, formerly known as Anyswap, which functioned as an intermediary service allowing users to move assets between different blockchain environments. When a user wanted to bring USDC from a network like Ethereum to Moonbeam, the Multichain protocol would lock the original USDC in a smart contract on the source chain and mint an equivalent amount of Multichain Bridged USDC on the Moonbeam network. This bridged version followed the ERC-20 standard, making it compatible with various decentralized finance applications and wallets within the Moonbeam and Polkadot ecosystems. The Moonbeam network itself is designed to provide an Ethereum-compatible environment, allowing developers to deploy decentralized applications with minimal changes to their existing code. Within this ecosystem, bridged assets like this one were used to provide liquidity for trading, lending, and other on-chain activities before native versions of the tokens were available. It is important to note that this specific version of USDC is tied to the security and operational status of the Multichain protocol. In mid-2023, the Multichain project experienced a significant and permanent disruption in its operations, including the loss of access to its core infrastructure and the arrest of its leadership. As a result, the protocol ceased to function, and the bridge connecting Moonbeam to other networks was effectively shut down. Because the bridge is no longer operational, this version of USDC is generally considered a legacy or distressed asset. It is distinct from the native USDC that was later introduced to the Polkadot ecosystem via the Asset Hub and transferred to Moonbeam through the Cross-Chain Message (XCM) protocol. While native USDC is issued directly by Circle or through officially recognized channels, Multichain Bridged USDC depends entirely on the collateral that was managed by the now-defunct Multichain protocol. Users typically distinguish between these two versions by checking the smart contract address or the specific labeling provided by decentralized exchanges and blockchain explorers on the Moonbeam network. Learn more

Is Multichain Bridged USDC (Moonbeam) (USDC) a good investment?

Whether Multichain Bridged USDC (Moonbeam) (USDC) 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 Multichain Bridged USDC (Moonbeam) (USDC) 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 USDC 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
USDC
Date
2026-06-05
You will earn $-- in profit, with an ROI of --

What can you do with Multichain Bridged USDC (Moonbeam) (USDC)?

Investment
Buy and hold Multichain Bridged USDC (Moonbeam) (USDC), expecting its value to increase over time.
Investment
Trade
Actively trade Multichain Bridged USDC (Moonbeam) (USDC) on LBank to profit from price fluctuations.
Trade
Pay
Use Multichain Bridged USDC (Moonbeam) (USDC) to pay for goods and services where accepted.
Pay

Why is LBank the best platform to buy Multichain Bridged USDC (Moonbeam) (USDC)?

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

After buying USDC, 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

Learn more about Multichain Bridged USDC (Moonbeam) (USDC)

More

Multichain Bridged USDC (Moonbeam) (USDC) FAQ

The depegging was the result of a critical security breach and the subsequent operational failure of the Multichain bridge protocol. In mid-2023, the bridge's private keys were compromised following the absence of its leadership. Consequently, the actual reserves backing anyUSDC on Moonbeam were drained or became inaccessible within the Ethereum source contracts. Because the token was a bridged asset reliant on those specific reserves, it became under-collateralized and lost its parity with the underlying asset.
Currently, there is no official rescue plan or guaranteed full-value swap available from the Moonbeam network or the primary asset issuer. Holders of anyUSDC are essentially holding an asset that lacks sufficient collateral. While certain organizations affected by the bridge failure have pursued legal action and liquidation orders in international courts, these processes are complex. Any potential recovery of funds through legal channels would likely take a long period and does not guarantee a return for affected holders.
The two tokens represent different issuance methods on the Moonbeam network. Multichain Bridged USDC (anyUSDC) is a legacy token created by a third-party bridge that is now defunct and unsupported. In contrast, Native USDC is the official version issued through the Polkadot Asset Hub and is fully backed by regulated reserves. For secure trading and ecosystem participation, users are encouraged to use Native USDC, which is supported by major platforms like LBank and reputable applications within the network.
Transactions initiated through the Multichain bridge are permanently stalled because the infrastructure required to process them is offline. The protocol relied on Multi-Party Computation nodes that are no longer being maintained or operated. Because the bridge requires these specific nodes to sign and finalize transfers, there is no support team or automated mechanism available to complete these stuck transactions. Users are unable to manually push these transfers through or cancel them at this stage.
While some liquidity remains on decentralized platforms, trading anyUSDC is difficult and often results in a massive loss of value. Market participants recognize that the token is no longer fully backed by collateral, meaning it cannot be swapped at its original intended value. Most major liquidity providers have transitioned to supporting Native USDC. Users should exercise extreme caution and realize that any remaining exchange avenues will likely provide very low returns compared to the token's original intended peg.
The official issuer, Circle, only guarantees redemptions for the Native USDC they issue directly. Because anyUSDC was a third-party bridged version created by the Multichain protocol, the issuer is not legally responsible for its backing or reimbursement. Although certain assets associated with the exploit were frozen, those funds are currently tied up in legal proceedings and are not available for public distribution. There is no current mechanism for the issuer to provide direct compensation to those holding the bridged version.

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