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 Simracer Coin (SRC) on LBank
Learn how to buy Simracer Coin (SRC) 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 SRC on LBank
How to Buy SRC on LBank: Payment Methods Overview
Explore the available payment methods for buying SRC 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 SRC.
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 Simracer Coin (SRC) on LBank?
Check the preparations required before buying Simracer Coin (SRC) 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 SRC 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 Simracer 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 Simracer 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 Simracer 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 Simracer Coin.
LBank supports multiple payment methods
You can use the following payment methods to purchase Simracer 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 Simracer 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 |
|---|---|---|---|---|
LO Loyalty_Trader 560 min | 100% | 0.999 USD | 10431.17 USDT 500.000 - 10000.000USD | Bank Transfer | |
YY YYDS_Trader 629 min | 100% | 0.999 USD | 5287.45 USDT 500.000 - 5000.000USD | Bank Transfer | |
AM AMG_Trading 647 min | 100% | 0.999 USD | 2404.13 USDT 400.000 - 2301.000USD | Bank Transfer |
What is Simracer Coin (SRC)?
Simracer Coin, identified by the ticker SRC, is a Web3 project specifically designed for the virtual motorsport community. It focuses on sim racers and seeks to integrate blockchain technology into the growing esports sector. The project aims to enhance the realism and competitive nature of virtual racing by providing a dedicated digital currency for the ecosystem. The core utility of the SRC token revolves around a decentralized marketplace where players can acquire virtual assets for their racing simulators. These assets often include specialized car liveries, tuning setups, and other digital equipment necessary for high-level competition. Beyond simple transactions, the project integrates the token into a dedicated management game where users can take on roles similar to team owners or strategists, adding a layer of depth to the traditional racing experience. A significant part of the Simracer Coin ecosystem is its involvement with private and professional racing leagues. The project has established its own esports league and formed partnerships with various racing teams and existing leagues to encourage the use of the token for entry fees, rewards, and community engagement. Furthermore, the project utilizes Non-Fungible Tokens to represent unique simulator assets, allowing for verifiable ownership and the potential for peer-to-peer trading of rare digital items. Technically, Simracer Coin is built on the Ethereum blockchain as a utility token. This allows it to leverage the security and existing infrastructure of the Ethereum network, including compatibility with popular digital wallets. The development team is based in Portugal and includes specialists in blockchain engineering, full-stack development, and partnership management. Their stated goal is to drive crypto adoption within the sim racing world and create a more immersive and connected global community of virtual drivers. Learn more
Is Simracer Coin (SRC) a good investment?
Whether Simracer Coin (SRC) 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 Simracer Coin (SRC) 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 SRC 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
$
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Date
2026-06-03
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What can you do with Simracer Coin (SRC)?
Investment
Buy and hold Simracer Coin (SRC), expecting its value to increase over time.
Trade
Actively trade Simracer Coin (SRC) on LBank to profit from price fluctuations.
Pay
Use Simracer Coin (SRC) to pay for goods and services where accepted.
Why is LBank the best platform to buy Simracer Coin (SRC)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Simracer Coin (SRC).
Competitive fees
LBank provides competitive trading fees for Simracer Coin (SRC).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Simracer Coin (SRC).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Simracer Coin (SRC) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Simracer Coin (SRC) 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 SRC, what is the best way to store it?
After buying SRC, 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
Simracer Coin (SRC) FAQ
Simracer Coin (SRC) saw its most significant development activity between 2020 and 2021. Since that period, official updates on platforms such as GitHub and Medium have slowed considerably. While the token remains accessible on the blockchain, the project is currently characterized as being in a dormant phase with limited recent communication from the core development team.
SimThunder was designed as a dedicated ecosystem marketplace where users could trade sim racing assets, including car setups, liveries, and NFTs. Although it was introduced in a Beta phase in 2021, its current operational status is unclear. Users interested in the platform should monitor official community channels for any future updates regarding its functionality.
A central pillar of the SRC roadmap was a management-style game allowing players to own racing teams and vehicle components as NFTs. While this was a highly anticipated feature for the virtual motorsport community, there have been no recent public updates regarding its development progress or a definitive release date, leaving the project's gaming utility in an uncertain state.
The SRC token was developed to serve the sim racing industry by facilitating several utilities. These include purchasing virtual assets like car setups and paints, paying for professional racing coaching services, and covering entry fees for private leagues. Additionally, the token was intended to be used as a reward and prize mechanism for competitive sim racing events.
SRC is available on a limited number of centralized exchanges, including LBank, where it is typically paired with Ethereum (ETH). Due to the project's current state, users may experience difficulties when attempting to execute large transactions. It is recommended to exercise caution and perform thorough due diligence before participating in any trading activity involving this asset.
To view or manage SRC in a decentralized wallet such as MetaMask, you must manually import it as a custom token. As an ERC-20 token on the Ethereum blockchain, you will need to provide the specific contract address: 0x16587cf43f044aba0165ffa00acf412631194e4b. Once this address is added, the wallet will be able to recognize and display your SRC balance.
