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How to buy Oil Rig (OIL) in Malaysia

Oil Rig Price (24H)
$0.000006
+4.94%

Three easy steps to buy Oil Rig (OIL) in Malaysia

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.

How to Buy Oil Rig (OIL) 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 Oil Rig (OIL). 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 Oil Rig (OIL) 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 Oil Rig (OIL).

LBank supports multiple payment methods

You can use the following payment methods to purchase Oil Rig (OIL) 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 Oil Rig (OIL) 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

Buy Sell
Merchant
Price
Amount | Limit
Payment Method
Action
1.005 USD
140.77 USDT
40.000 - 100.000USD
True Money (Cambodia)
Bank Transfer (Cambodia)
ABA (Cambodia)
1.010 USD
1,000.00 USDT
200.000 - 1,010.000USD
Bank Transfer
1.020 USD
85.90 USDT
10.000 - 87.610USD
Air TM

What is Oil Rig (OIL)?

Oil Rig introduces the first Proof-of-Work token on Solana, bringing CPU-based mining back to Solana. You can start mining $OIL by simply visiting https://oilrig.io, entering your SOL address, and clicking "Start Drilling". The system uses a custom SHA-256 algorithm optimized exclusively for CPUs. When you find a barrel, the entire barrel reward pool is instantly sent to your address, funded by creator rewards that auto-buy $OIL every 3 minutes.

Is Oil Rig (OIL) a good investment?

Whether Oil Rig (OIL) 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 Oil Rig (OIL) 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.

ROI calculator

If I invest, how much profit will I make?
Invest
$
Enter
Please select a token
Date
2026-01-31
You will earn $-- in profit, with an ROI of --

What can you do with Oil Rig (OIL)?

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

Why is LBank the best platform to buy Oil Rig (OIL)?

User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Oil Rig (OIL).
Competitive fees
LBank provides competitive trading fees for Oil Rig (OIL).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Oil Rig (OIL).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Oil Rig (OIL) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Oil Rig (OIL) 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

Where is the best place to store Oil Rig (OIL)?

The best storage solution for Oil Rig (OIL) depends on how you intend to use it:
· Trading: If you plan to actively trade Oil Rig (OIL) on LBank, storing it in your LBank exchange account may be more convenient.
· Long-term holding: For long-term storage, consider using a crypto wallet.
Crypto wallets:
Hot wallets (software wallets): Convenient for frequent trading, but less secure. Examples include:
· LBank app
· Web wallets
· Mobile wallets
Cold wallets (hardware wallets): Safer for long-term storage. These are physical devices that store your private keys offline.

News section

More
New dApp on VeChain Incentivizes Used Cooking Oil Recycling
The VeChain ecosystem has welcomed the launch of the Oily dApp by UCO Network, a project focused on environmental sustainability. This application aims to revolutionize the recycling of used cooking oil by leveraging blockchain technology to promote efficient waste management and reward eco-friendly practices.
2024-06-18

Oil Rig (OIL) FAQ

Crypto Calculator

I will spend
I will receive
1 BITCOIN vs -- USD

Buy Oil Rig (OIL)

OIL / USDT
$0.000006
+4.94%24H
Today's real-time price of Oil Rig (OIL) is $0.000006, with a 24-hour trading volume of $151.9764. We update OIL to USD price in real-time. The 24-hour market performance of OIL is
+4.94%
View Oil Rig (OIL)

Planning to buy OIL?

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Buying Oil Rig (OIL) in other countries?

No matter where you are, as long as you can use LBank, you can easily buy Oil Rig with the lowest fees and the highest security. Select your country in the search box below to start buying Oil Rig in your preferred location:
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Live Chat
Customer Support Team

Just Now

Dear LBank User

Our online customer service system is currently experiencing connection issues. We are working actively to resolve the problem, but at this time we cannot provide an exact recovery timeline. We sincerely apologize for any inconvenience this may cause.

If you need assistance, please contact us via email and we will reply as soon as possible.

Thank you for your understanding and patience.

LBank Customer Support Team