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 Ruby Coin (RUBY) on LBank
Learn how to buy Ruby Coin (RUBY) 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 RUBY on LBank
How to Buy RUBY on LBank: Payment Methods Overview
Explore the available payment methods for buying RUBY 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 RUBY.
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 Ruby Coin (RUBY) on LBank?
Check the preparations required before buying Ruby Coin (RUBY) 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 RUBY 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 Ruby Coin 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 Ruby Coin. 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 Ruby Coin 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 Ruby Coin.
LBank supports multiple payment methods
You can use the following payment methods to purchase Ruby Coin 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 Ruby Coin 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 |
|---|---|---|---|---|
18 180-fast24x7 1017 min | 100% | 1.000 USD | 10.00 USDT 10.000 - 10.000USD | Bank Transfer | |
SS Sswap 174 min | 100% | 1.003 USD | 3843.91 USDT 50.000 - 3855.000USD | Wing Money True Money (Cambodia) Bank Transfer (Cambodia) ABA (Cambodia) | |
NI Nita_Global 622 min | 100% | 1.003 USD | 1000.00 USDT 50.000 - 1000.000USD | Wing Money ABA (Cambodia) |
What is Ruby Coin (RUBY)?
The term Ruby Coin, commonly associated with the token symbol RUBY, typically refers to one of two distinct projects in the cryptocurrency and Web3 space. The first project, often marketed as Ruby Coin or Ruby Currency, was founded by Samir Keshari and launched in late 2020. This initiative was presented as a decentralized cryptocurrency built to facilitate global finance and e-commerce. Initially launched as an ERC-20 token on the Ethereum network, the project later claimed to transition to its own Layer 1 blockchain infrastructure. It emphasized community-driven growth through a unique referral and holding program, often referred to as a parking or staking wallet. Its ecosystem included a mobile application designed for both Android and iOS, intended to allow users to store and spend the currency in online and physical stores. Developers also stated that the network would support smart contracts, non-fungible tokens, and digital identity solutions. However, as of late 2024 and early 2025, this specific Ruby Coin project has been the subject of major legal action. Authorities in India arrested the founder following investigations into allegations of investment fraud. Reports indicate that the project may have lacked the technical infrastructure it claimed to possess, with investigators describing it as a deceptive scheme that used misleading marketing to attract investors. Separately, there is a Web3 infrastructure project known as Ruby Protocol, which also uses the ticker symbol RUBY. This project is fundamentally different, focusing on building an intent-centric account and access layer. It utilizes advanced cryptographic techniques such as functional encryption and zero-knowledge proofs to provide privacy and security for decentralized applications. Ruby Protocol is designed to offer services like account abstraction and cross-chain asset bridging, primarily operating within the Polkadot ecosystem. It aims to simplify the user experience in Web3 by allowing for features such as social recovery and email-based logins for crypto wallets. Additionally, an older, legacy project named Rubycoin exists, which was launched in 2014 as a fork of the Litecoin blockchain. This earlier version focused on privacy through its own encryption standards and used a hybrid consensus mechanism, though it is less commonly the subject of current Web3 discussions. Users should be careful to distinguish between these projects given the similarity in their names and token symbols. Learn more
Is Ruby Coin (RUBY) a good investment?
Whether Ruby Coin (RUBY) 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 Ruby Coin (RUBY) 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 RUBY 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
Date
2026-05-28
You will earn $-- in profit, with an ROI of --
What can you do with Ruby Coin (RUBY)?
Investment
Buy and hold Ruby Coin (RUBY), expecting its value to increase over time.
Trade
Actively trade Ruby Coin (RUBY) on LBank to profit from price fluctuations.
Pay
Use Ruby Coin (RUBY) to pay for goods and services where accepted.
Why is LBank the best platform to buy Ruby Coin (RUBY)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Ruby Coin (RUBY).
Competitive fees
LBank provides competitive trading fees for Ruby Coin (RUBY).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Ruby Coin (RUBY).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Ruby Coin (RUBY) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Ruby Coin (RUBY) 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 RUBY, what is the best way to store it?
After buying RUBY, 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
Ruby Coin (RUBY) FAQ
The "Parking Wallet" refers to a mandatory holding period within the Ruby Currency (RBC) ecosystem. Users are required to lock their RBC coins for a specific duration to earn bonuses. During this period, the coins cannot be transferred or withdrawn to external platforms, as this system aims to maintain the stability of the ecosystem. New users often find their funds locked upon deposit due to this mechanism.
Significant skepticism surrounds Ruby Coin (RBC) within community discussions, with users frequently asking if it's a scam. Common concerns include a perceived lack of transparent team information beyond the founder, Samir Keshari, and a heavy reliance on referral bonuses, which some users liken to a multi-level marketing (MLM) structure. Additionally, users often report issues with accessing funds in the "Ruby Staking" portal and withdrawal difficulties, leading to questions about the project's legitimacy and operational transparency.
Many new users discover their funds are locked upon deposit into the Ruby Currency (RBC) platform. According to the project's model, you generally cannot withdraw your RBC coins without first completing the mandatory "holding process" or "parking" period. This system requires users to lock their coins for a set duration to earn bonuses, and only after this period can the coins be transferred or withdrawn. The stated purpose is to ensure the stability of the ecosystem.
Following Ruby Protocol's distribution events, claiming the $RUBY airdrop is a frequent query. Users typically need to verify their eligibility based on pre-defined criteria, which might include participation in community activities, specific wallet snapshots, or holding certain assets. The claim process usually involves connecting a verified wallet to an official claim portal. Always ensure you are using the official Ruby Protocol website (e.g., `ruby.xyz`) to avoid phishing scams and access the correct portal for claiming your tokens.
If you've received an airdrop from Ruby Protocol, you might initially only see a portion of your total allocation. This is because the project typically implements a vesting schedule for airdropped tokens. For Ruby Protocol, this commonly involves a 2-year vesting schedule, which means your tokens are released gradually over two years. There is often an initial "cliff" period, such as six months, during which no tokens are released, followed by a linear release of the remaining tokens over the subsequent period. This approach aims to promote long-term engagement and prevent large-scale sell-offs.
The $RUBY token serves multiple essential utilities within the Ruby Protocol ecosystem, designed to secure and power its privacy-focused Web3 infrastructure. It is primarily used to pay for transaction fees (gas) on the network, enabling operations that leverage its Zero-Knowledge (ZK) technology. Furthermore, $RUBY tokens can be staked by network nodes, which is crucial for securing the protocol and validating transactions. Token holders also gain governance rights, allowing them to vote on important protocol upgrades, proposals, and future development directions, ensuring community-led evolution of the platform.
Convert Ruby Coin (RUBY) into other assets
After purchasing Ruby Coin (RUBY), you can trade it for fiat currencies or other cryptocurrencies. LBank offers over 200 Ruby Coin (RUBY) trading pairs, making it easy to enter and exit the market.
