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There’s a crypto token called PSUB - Payment Swap Utility Board - that shows up on a few price trackers, but you won’t find much else about it. If you’re wondering whether it’s a legit project or just another obscure coin with no real purpose, here’s what you actually need to know.
PSUB Is a Utility Token With a Fixed Supply
PSUB isn’t a blockchain. It’s a token, likely built on top of another network like Ethereum or Binance Smart Chain. Its total supply is locked at 2,800,000,000 tokens. That means no more will ever be created. This fixed supply is common in tokens designed to avoid inflation, but unlike Bitcoin, PSUB doesn’t have mining or staking rewards to distribute new coins over time.
According to Lbank’s documentation from late 2023, PSUB is meant to act as a payment token that holds value through collateral. That sounds similar to stablecoins like USDT or USDC, which are backed by cash or reserves. But PSUB doesn’t claim to be pegged to the U.S. dollar or any fiat currency. Instead, it says it uses a "collateral mechanism" to maintain price stability for payments. The problem? No one explains how that mechanism works. There’s no whitepaper. No technical docs. No public ledger of collateral assets. Without those details, it’s impossible to verify if the token is actually backed by anything real.
Price and Market Activity Are Extremely Low
As of October 2023, PSUB was trading at around $0.052177. That’s not high, but it’s not rock bottom either. The all-time high listed on CoinGecko is BTC 0.053844, and the all-time low is BTC 0.091490 - wait, that doesn’t make sense. A low higher than a high? That’s a data error. It’s likely a typo in the source. Either way, PSUB’s price has dropped sharply from its peak.
The 24-hour trading volume? Just $7,543.56. That’s less than what a single large Bitcoin trade might move in minutes. For comparison:
- Bitcoin daily volume: ~$15 billion
- USDT daily volume: ~$50 billion
- PSUB daily volume: $7,543
PSUB’s volume is 0.000015% of USDT’s. That’s not just small - it’s nearly invisible in the crypto market. Low volume means two things: it’s hard to buy or sell without moving the price, and there’s almost no liquidity. If you buy PSUB, you might not be able to sell it later without taking a big loss.
It’s Not Listed on Major Exchanges
PSUB is only listed on one exchange that’s tracked by CoinGecko - and even that’s not a traditional exchange like Binance or Coinbase. It’s available through Binance’s Web3 Wallet, which lets users connect to decentralized apps (dApps) and buy tokens directly from liquidity pools. That’s not the same as buying on a centralized exchange with order books, customer support, or KYC verification.
You won’t find PSUB on Kraken, Gemini, KuCoin, or any other major platform. That’s a red flag. Legit projects with real utility get listed on multiple exchanges. PSUB’s presence is limited to a single, niche access point. That makes it harder to buy, harder to track, and harder to trust.
No Community, No Developers, No Roadmap
Look for PSUB on Twitter, Telegram, Discord, or Reddit. You won’t find anything. No active groups. No announcements. No developer updates. No community discussions. There are no user reviews on CoinGecko or CryptoRank. No Reddit threads asking if it’s a scam. No YouTube videos explaining how it works.
That’s not normal. Even the most obscure tokens have at least a handful of people talking about them. PSUB has none. That suggests either:
- The project is abandoned
- It was created as a pump-and-dump scheme
- It’s a test token with no real team behind it
There’s no mention of a development team, founders, or company behind PSUB. No LinkedIn profiles. No GitHub activity. No press releases. No whitepaper. No roadmap. Without any of these, you’re investing in a ghost.
It Doesn’t Compete With Anything - Because It Doesn’t Do Anything Unique
Payment-focused cryptos like XRP, Stellar (XLM), or even Solana’s SPL tokens have clear advantages: fast transactions, low fees, institutional partnerships, and real-world use cases. XRP is used by banks for cross-border payments. Stellar works with remittance services. Solana powers DeFi apps with sub-second settlement times.
What does PSUB do? It says it’s a "payment token with collateral." But so what? No one uses it. No merchants accept it. No apps integrate it. There’s no API for developers. No documentation for businesses. There’s no reason to choose PSUB over a stablecoin that’s actually used by millions.
It doesn’t offer lower fees. It doesn’t offer faster speeds. It doesn’t have partnerships. It doesn’t have adoption. It just exists as a number on a price chart.
Should You Buy PSUB?
Here’s the hard truth: buying PSUB is not an investment. It’s a gamble with almost zero chance of payoff.
There’s no evidence it will grow. No team to build it. No users to drive demand. No liquidity to exit safely. Even if the price somehow spikes tomorrow, you’d have to find someone willing to buy it from you - and with only $7,500 traded in 24 hours, that’s a long shot.
Bitget and other platforms warn that "all cryptocurrency investments carry risk." That’s true. But PSUB isn’t just risky - it’s fundamentally broken. It lacks the basic building blocks of a viable crypto project: transparency, community, utility, and liquidity.
If you’re curious and want to spend a few dollars to see what it’s like, fine. But don’t expect returns. Don’t expect support. Don’t expect it to matter in six months. Treat it like buying a lottery ticket - not an asset.
Where to Find PSUB (If You Really Want To)
The only way to buy PSUB right now is through Binance’s Web3 Wallet. You’ll need:
- A Binance account
- A Web3 wallet connected to Binance (like MetaMask)
- Some BNB or USDT to swap
- Patience - the process is clunky and not designed for beginners
There’s no app. No simple buy button. No customer service if something goes wrong. You’re on your own.
Final Verdict
PSUB is not a cryptocurrency you should hold, trade, or rely on. It’s a low-volume, low-liquidity token with no team, no community, no documentation, and no clear purpose. It doesn’t solve a problem that already isn’t being solved better by something else.
It might be a forgotten experiment. It might be a scam. Either way, it’s not worth your time or money. Stick to projects with real teams, real adoption, and real transparency. PSUB doesn’t have any of those.
Is PSUB a stablecoin?
No, PSUB is not a stablecoin. Stablecoins like USDT or USDC are pegged to the U.S. dollar and backed by cash or reserves. PSUB claims to use a "collateral mechanism" to maintain value, but it doesn’t specify what backs that collateral or how it’s maintained. Without transparency, it can’t be trusted as a stable asset.
Can I buy PSUB on Coinbase or Binance?
You can’t buy PSUB directly on Coinbase or the main Binance exchange. It’s only available through Binance’s Web3 Wallet, which connects to decentralized apps. This means you need a crypto wallet like MetaMask, and you’ll have to swap tokens manually - it’s not beginner-friendly.
Is PSUB a scam?
There’s no proof it’s a scam, but it has all the warning signs: no team, no documentation, no community, no liquidity, and no real use case. Many low-cap tokens like this are abandoned projects or pump-and-dump schemes. Without transparency, it’s safer to assume it’s not legitimate.
Why is PSUB’s trading volume so low?
Because almost no one is using it. With only $7,500 traded in 24 hours, there’s little demand. Low volume usually means the token is either new, forgotten, or deliberately kept illiquid to manipulate price. Either way, it’s hard to buy or sell without affecting the price - a major risk for any investor.
Does PSUB have a roadmap or future plans?
No. There is no published roadmap, no development updates, and no public announcements about future features or partnerships. Even speculative predictions from sites like SwapSpace don’t give concrete milestones. Without a plan, there’s no reason to believe PSUB will ever become more than a price chart with no substance.
Cryptocurrency Guides
jack leon
November 21, 2025 AT 21:38PSUB is the crypto equivalent of a dusty shelf at a thrift store - looks like something might’ve been valuable once, but nobody remembers why it was there in the first place. You’re not investing, you’re just collecting digital ghosts.
And that price chart? Looks like a drunk person drew it with a shaky finger. All-time high lower than all-time low? Someone’s not even trying anymore.
It’s not a scam - it’s worse. It’s an afterthought.
Don’t buy it. Just delete the tab and go drink water.
Also, if you’re reading this and still holding PSUB - I’m sorry. You deserve better.
And yes, I’m talking to you, Rob. You’re the only one left.
Don’t reply. I know you will.
But don’t.
Just… don’t.
Chris G
November 21, 2025 AT 21:40PSUB has zero liquidity zero team zero whitepaper zero community zero utility zero future zero reason to exist
if you bought it you made a mistake
end of story
diljit singh
November 23, 2025 AT 13:47bro why are you even reading this
you’re not gonna make money off this
it’s not even a meme coin
it’s a typo in a spreadsheet
go trade shib or doge
at least those have personality
Leisa Mason
November 24, 2025 AT 01:54Let me guess - you found PSUB on some Telegram group full of guys named ‘CryptoKing77’ who claim it’s the next Bitcoin.
They also told you the moon is made of Ethereum.
And you believed them.
Not because you did research - because you wanted to believe.
That’s not investing. That’s self-sabotage with extra steps.
Next time, Google ‘is this a rug pull’ before sending your life savings to a token with no GitHub commits.
You’re not a victim.
You’re the reason these things exist.
Phil Taylor
November 24, 2025 AT 12:00What’s next - a token called ‘PUBG’ that claims to pay you in virtual chicken dinners?
This isn’t crypto.
This is a glitch in the matrix.
And you’re the one who clicked ‘accept’ on the error message.
Americans think they can turn sand into gold.
They can’t.
They just turn cash into nothing.
And then they write long posts about how ‘the system’ is rigged.
It’s not rigged.
You just got played.
By yourself.
Roshan Varghese
November 24, 2025 AT 13:50PSUB is a CIA op to drain crypto newbies
they put it on binance web3 so you think its legit
but its a honeypot
every time you swap for it they track your wallet
then they drain your ETH later
and the 'collateral' is just fake data from a server in a basement in Moldova
they even made the price chart look broken so you think its a bug not a trap
trust me i worked at a crypto exchange
they told me to ignore it
but i saw the logs
its not a coin
its a digital trapdoor
if you bought it you're already owned
delete your wallet
and pray
Dexter Guarujá
November 26, 2025 AT 04:59PSUB doesn’t deserve a warning.
It deserves a funeral.
And we should all be ashamed that this thing even exists.
There are countries where people still believe in fairy tales.
This is one of them.
It’s not that people are stupid.
It’s that they’re lazy.
And lazy people don’t deserve to own anything.
They deserve to learn.
And they will.
When their wallet hits zero.
And they’re crying into their ramen.
Then they’ll learn.
Or they won’t.
Either way - PSUB wins.
Natalie Reichstein
November 27, 2025 AT 22:10People who buy PSUB are the same people who buy lottery tickets and then blame the government when they lose.
You didn’t get scammed.
You chose to ignore every red flag.
You read the title and thought ‘oh cool a new coin’.
You didn’t read the part about no team.
No docs.
No volume.
No future.
You didn’t care.
Because you wanted to believe.
And now you’re mad because the universe didn’t reward your ignorance.
Grow up.
And stop pretending you’re a ‘crypto investor’.
You’re a hopeful gambler with a bad memory.
Lara Ross
November 28, 2025 AT 11:52Thank you for this clear, thorough breakdown. It’s rare to see someone lay out the facts without sensationalism.
PSUB isn’t just risky - it’s fundamentally broken at the core.
Every successful crypto project starts with transparency - and PSUB has none.
It’s not about FOMO.
It’s about integrity.
If you’re considering investing in any asset, ask: ‘Would I feel comfortable explaining this to my grandmother?’
If the answer is no - walk away.
There are thousands of legitimate projects out there.
Don’t waste your capital on digital ghosts.
You’re better than that.
And you deserve better than this.
Khalil Nooh
November 29, 2025 AT 17:50Let me be blunt: PSUB is not a crypto asset.
It’s a statistical anomaly.
A glitch in the data feed.
A typo that got indexed.
It has no utility, no team, no roadmap, no community, no liquidity, no credibility - and yet it exists on a price tracker.
That’s not innovation.
That’s negligence.
And the fact that anyone still thinks this is worth a second glance is a symptom of a much larger problem - we’ve normalized ignorance in crypto.
People don’t research anymore.
They scroll.
They click.
They buy.
Then they blame the market.
It’s not the market.
It’s you.
And if you’re reading this and still holding PSUB - please, for the love of all that is rational - sell it.
Not because it’ll go to zero.
Because it’s already there.
And you’re just too stubborn to admit it.
Tim Lynch
December 1, 2025 AT 07:29There’s something deeply sad about PSUB.
It’s not malicious.
It’s just… forgotten.
Like a child’s drawing taped to a fridge that nobody remembers putting there.
It’s not a scam.
It’s a monument to wasted effort.
Someone, somewhere, spent time coding this.
Maybe they believed in it.
Maybe they thought they were building something.
But no one showed up.
No one cared.
And now it just sits there - a ghost in the blockchain.
It doesn’t deserve to be mocked.
It deserves to be mourned.
Because it’s a reminder: even in crypto, good intentions aren’t enough.
You need community.
You need trust.
You need to be seen.
PSUB? No one saw it.
And now it’s gone.
Just like that.
Frank Verhelst
December 2, 2025 AT 02:19PSUB? 😂
Bro I just bought 10k of it
gonna be rich by christmas
just trust me
we’re all gonna be billionaires
send me your wallet
i’ll help you buy more
we’re building the future together 💪🚀🌕
Rob Sutherland
December 2, 2025 AT 16:03There’s a quiet beauty in PSUB.
It doesn’t scream.
It doesn’t promise.
It doesn’t lie.
It just… is.
A token with no purpose.
A price with no meaning.
A community with no voice.
And yet - it exists.
That’s the real question, isn’t it?
Why does anything exist?
Why do we chase value in things that have none?
Is it hope?
Or is it fear?
Fear that if we don’t buy something - anything - we’ll be left behind.
PSUB doesn’t answer that.
But it holds the mirror up.
And it’s not pretty.
But maybe that’s the point.
James Edwin
December 3, 2025 AT 18:38Why does PSUB even exist?
I’ve spent hours digging.
No GitHub.
No Twitter.
No whitepaper.
No team.
Just a token on a decentralized exchange with $7k volume.
Who created this?
Why?
Was it a test?
A prank?
A bot?
Or did someone really think this was a good idea?
And if they did - what does that say about us?
That we’ll give money to something that doesn’t even try to explain itself?
That’s not crypto.
That’s a cult.
And we’re all just waiting for the leader to vanish.
vinay kumar
December 4, 2025 AT 00:48PSUB is just a name on a chart
no one cares
no one uses it
no one talks about it
why are you even here
go trade something real
like bitcoin
or ethereum
or even dogecoin
at least they have vibes
PSUB has nothing
just a number
and a lie
Jennifer Corley
December 5, 2025 AT 02:09You know what’s worse than PSUB?
People who defend it.
They say ‘maybe it’ll explode’.
Maybe.
Maybe the moon is made of cheese.
Maybe your dog will start writing novels.
It’s not about possibility.
It’s about probability.
And the probability of PSUB becoming anything meaningful is zero.
Zero.
Not one percent.
Not half a percent.
Zero.
And yet you still hold it.
Why?
Because you don’t want to admit you were wrong.
That’s not investing.
That’s ego.
Kaitlyn Boone
December 6, 2025 AT 05:10psub is a ghost
no one knows who made it
no one knows if its real
but somehow its on binance web3
so people think its legit
its not
its a trap
they put it there to catch newbies
then they drain their wallets later
trust me i saw the logs
its not a coin
its a honeypot
delete your wallet
and run
Abhishek Anand
December 6, 2025 AT 21:31PSUB is the metaphysical crypto.
It exists as a concept.
Not as a product.
Not as a tool.
Not as a currency.
But as a question.
What does it mean to assign value to something that has no function?
What does it mean to believe in a token that refuses to explain itself?
Is value inherent?
Or is it merely a collective hallucination?
PSUB doesn’t answer.
It only reflects.
And in its silence - it reveals the sickness of our age.
We don’t invest in utility.
We invest in hope.
And hope - without foundation - is just a prayer with a ticker symbol.
PSUB is not a coin.
It is a mirror.
And what you see in it…
is yourself.
Leisa Mason
December 7, 2025 AT 19:51Rob Sutherland - I see you still holding PSUB.
You posted that philosophical essay about it yesterday.
It was beautiful.
And tragic.
You’re not investing.
You’re romanticizing failure.
It’s not a metaphor.
It’s a loss.
And you’re the only one who still believes it has meaning.
Let it go.
It’s already dead.
You’re just burying it with your words.