EXCHANGE FEES
Withdrawal Fee: 0.0001 BTC | Taker Fee: 0.1%  | Maker Fee: 0.1%


DEPOSIT METHODS
Wire Transfer: No | Credit Card: Yes


COMPANY INFO
US-Traders Allowed: No | Year Founded: 2016 | Crypto Markets: 146+

LBank logo

LBank Review Summary

In our LBank review, we found that LBank is a secure and reliable cryptocurrency exchange with a wide range of digital assets, low fees, and an easy-to-use interface. It offers a variety of features, such as margin trading, spot trading, and a mobile app, making it a great choice for both beginners and experienced traders.

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Overall Rating: 
4.4/5 stars

Team

FeEs

SUPPORT

Security

Selection

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LBank Review

Key takeaways from our Lbank review:

  • A secure & reliable crypto exchange with tons of features
  • Wide range of trading pairs & low fees
  • Offers margin trading, spot trading & mobile app
  • Lbank has a ton of popular meme coins and altcoins, as well as large cap coins like Bitcoin and Ethereum
  • New users can win up $255 in USDT when they sign up at the link below

LBank Pros & Cons

Pros
  • Low trading fees 
  • Wide variety of trading pairs and tons of meme coins
  • 24/7 customer support
Cons
  • Limited payment options 
  • Low liquidity 
  • Limited language support

What is LBank?

LBank is a digital asset exchange platform that provides users with a secure and convenient way to trade cryptocurrencies. Offering a wide range of trading pairs, advanced trading tools and features, and competitive fees, LBank is a great choice for both experienced and novice traders.

LBank homepage

LBank Product & Features

The platform offers a variety of trading options, including spot trading, margin trading, and futures trading. LBank also has a wide selection of trading pairs, including BTC, ETH, USDT, and other major cryptocurrencies. 

LBank Markets

The exchange also provides a range of tools and resources to help traders make informed decisions. These include a comprehensive charting system, market analysis tools, and technical indicators. 

LBank also offers a variety of security features to protect users’ funds. These include two-factor authentication, cold storage, and anti-phishing measures. 

LBank Mobile App

The platform also provides a mobile app, allowing users to trade on the go. The app is available for both iOS and Android devices and features a user-friendly interface. 

Overall, LBank is a great option for those looking for an exchange with a wide range of features and security measures. Its comprehensive selection of trading options, tools, and resources make it an ideal choice for both experienced and novice traders.

LBank Customer Support

LBank provides 24/7 customer support to its users, offering assistance through email and online chat. The exchange also has an extensive FAQ section on its website, covering a wide range of topics related to trading, security, and account management. 

However, LBank's customer support is limited in terms of language options, and it is not available to US investors. Overall, LBank's customer support is reliable and responsive, providing users with the help they need to trade on the platform.

Can US Citizens Use LBank?

No, LBank is not available to US-investors. The exchange is only available to citizens of China, Hong Kong, Macau, and Taiwan. Additionally, the exchange is not available to citizens of countries subject to economic sanctions by the United Nations, including North Korea and Iran.

LBank Trading Fees

LBank charges a flat 0.1% trading fee for all trades. This fee applies to both makers and takers.

LBank charges a flat 0.0001 BTC fee for Bitcoin withdrawals. Other digital asset withdrawal fees vary depending on the asset.

LBank Trading Fees

Makers are charged a 0.1% fee for their trades, while takers are charged a 0.1% fee. This fee structure encourages market makers to provide liquidity to the platform.

LBank Alternatives

  • Looking for an alternative to LBank? Consider Binance or KuCoin, both offering a wide variety of coins and tokens, low transaction fees, and a user-friendly interface.
  • Another great option is Huobi, which provides a comprehensive selection of trading pairs, features such as margin and futures trading, and a user-friendly interface.

How to Sign up on LBank?

LBank Sign up process

Here are the step by step instructions on how you can sign up on LBank.

  1. Visit LBank Exchange here
  2. Click “Register” in the upper right corner.
  3. Enter your email address and create a password.
  4. Click “Agree and Sign Up”.
  5. Check your email for a verification code.
  6. Enter the code and click “Verify”.
  7. Set up your account security settings.
  8. Congratulations, your account is now created!
LBank Review

About the author 

Sam Rexford

Hey! I'm Sam Rexford, owner at ChillReptile.com. I'm a 9-5 escape artist, dad, and entrepreneur. I write about escaping legacy systems with online businesses, software, emerging technology, cryptocurrencies, investing, and a ton more. You can learn more about our mission here.

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