LBank Review
Editorial record: June 1, 2026
Trading Fees
0.1% / 0.1%
Cryptocurrencies
800+
Founded
2015
Source status
Sources linked
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Risk Disclaimer
Cryptocurrency trading and investing involve a substantial risk of loss. Prices can change significantly in a short period, and you can lose some or all of your invested capital. This page gives information and does not give financial, investment, or legal advice. Check current provider terms and assess your risk before you make a financial decision. InsideCryptoReview can earn a commission from an affiliate link. A provider cannot approve or change our editorial copy. Past performance does not guarantee future results. Invest only an amount that you can afford to lose.
Editorial desk producing public-source crypto product research. Pages identify their evidence and limitations; hands-on testing is claimed only when dated evidence is shown.
Last Updated: June 1, 2026
Editorial MethodLBank began operating in 2015 and lists 800+ cryptocurrencies across 1,200 trading pairs. Its published base spot fee is 0.10% for makers and takers.
The exchange supports spot trading, futures, P2P trading, Launchpad sales, and the LBK token. Futures leverage reaches 125x on some major contracts.
LBank is registered in the British Virgin Islands. It has no government-backed deposit insurance and does not publish proof-of-reserves data.
The United States and several sanctioned regions are restricted. Confirm local access rules on LBank's official website before depositing.
Our Editorial Verdict
LBank has operated since 2015. The exchange lists 800+ cryptocurrencies and charges a published 0.10% base fee for maker and taker spot orders.
The page data records no publicly reported major hack for LBank. LBank does not publish proof-of-reserves data or provide deposit insurance.
Reported trading volume ranges from $500 million to $1.5 billion daily. Third-party analysts have questioned the accuracy of LBank's reported volume.
Suitable for:
- Experienced traders who need early token listings
- Users who accept limited regulatory oversight
- Traders who need spot, futures, P2P, or Launchpad access
Skip LBank if:
- You need government-backed deposit protection
- You require published reserve data
- You live in a restricted country
- You need a simple first exchange
- You plan to keep large balances on a centralized exchange
LBank overview
LBank launched in 2015 and later registered in the British Virgin Islands. The platform reports more than nine million registered users.
The exchange lists 800+ cryptocurrencies across 1,200 trading pairs. Its listing policy includes many small and early-stage tokens.
Early listings can provide access before larger exchanges. Small tokens can also have weak liquidity, limited disclosure, or high failure risk.
Main products
- Spot trading uses a published 0.10% base maker and taker fee.
- Futures offer leverage up to 125x on some major contracts.
- P2P trading supports selected fiat currencies.
- Launchpad offers access to some initial exchange offerings.
- LBank Labs invests in and incubates some blockchain projects.
- LBK is the exchange's utility token.
LBank reports daily volume between $500 million and $1.5 billion. Some third-party data providers question the reported volume.
The United States, mainland China, Cuba, Iran, North Korea, and Syria appear in the restricted-country data.
LBank fees
LBank publishes a 0.10% maker fee and 0.10% taker fee for base-tier spot orders. The rate does not require an LBK holding.
The published volume tier begins at $100,000 of monthly volume. The $100,000 tier lists a 0.08% maker and taker fee.
| Product | Published charge |
|---|---|
| Spot maker | 0.10% |
| Spot taker | 0.10% |
| Higher-volume spot tier | 0.08% |
| Crypto deposits | No LBank fee |
| Card purchase | 3.5% |
Selected withdrawal fees
| Asset | Network | Published fee |
|---|---|---|
| BTC | Bitcoin | 0.0005 BTC |
| ETH | Ethereum | 0.01 ETH |
| USDT | TRC20 | 2 USDT |
Withdrawal charges vary by asset and network. Confirm the final fee before submitting a transaction.
Futures fees and funding charges apply separately. High leverage can make funding and liquidation costs larger than the trading fee.
Set up an LBank account
Use LBank only where its terms and local law permit access.
- Open LBank's official website.
- Check the domain before you enter account details.
- Register with a unique email address and password.
- Enable an authenticator app for two-factor authentication.
- Add an anti-phishing code.
- Enable a withdrawal-address whitelist.
- Review current identity-verification rules for your region.
- Confirm the asset and network before any transfer.
The page data says basic crypto trading can be available without identity documents. Fiat purchases and P2P access can require verification.
Use a small test transfer for a new address. A transfer on the wrong network can cause permanent loss.
LBank security and custody limits
LBank records no publicly reported major hack since its 2015 launch. A clean public record does not prove that an exchange has no security risk.
The page data states that LBank stores about 85% of funds in cold wallets. It also lists two-factor authentication, anti-phishing codes, and withdrawal whitelists.
LBank has no published proof-of-reserves data. The structured exchange data also records no deposit insurance or public bug-bounty program.
British Virgin Islands company registration does not provide the same protection as a financial-services license. Users may have limited recourse after insolvency or an account dispute.
Some data providers question LBank's reported trading volume. Confirm liquidity from the order book before placing a large order.
Use a unique password and an authenticator app. Keep long-term assets in custody that matches your risk needs.
LBank trading products
LBank supports spot markets, perpetual futures, P2P trading, Launchpad sales, and selected yield products.
Spot markets
The exchange lists 800+ cryptocurrencies across 1,200 pairs. Small pairs can have wide spreads and limited order-book depth.
Futures
LBank offers USDT-margined and coin-margined perpetual contracts. Maximum leverage reaches 125x on some BTC and ETH contracts.
Funding applies every eight hours in the page data. High leverage can liquidate a position after a small adverse move.
Launchpad and LBank Labs
Launchpad offers some tokens before public exchange trading. Participation can require LBK holdings or staking.
LBank Labs invests in early-stage blockchain projects. An exchange investment does not establish a token's quality or future value.
P2P and LBK
P2P trades use supported fiat currencies and platform escrow. LBK can provide access to selected platform programs.
Review each product's current terms before depositing funds.
LBank interface, mobile apps, and support
LBank provides web, iOS, Android, and direct Android package access. The recorded mobile-app rating is 4.1.
The web and mobile platforms support spot trading, futures, deposits, withdrawals, price alerts, and account management.
TradingView charts include indicators and drawing tools. A phone screen can limit detailed chart analysis.
LBank lists live chat, email, and ticket support as available 24/7. Response times can vary with issue type and market activity.
Use live chat for an urgent security concern. Send account details only through channels listed on LBank's official website.
Published LBank user-review themes
Trustpilot
Published Trustpilot reviews include complaints about withdrawals, verification, and support delays. Other reviews mention the asset range and early listings.
App stores
App-store reviews often discuss mobile order entry, price alerts, and biometric access. Complaints mention interface density and occasional performance problems.
Reddit and social media
Reddit and social-media discussions often question reserve transparency and reported volume. Some users also value LBank's early token listings.
User reviews are anecdotal and can be manipulated. Confirm fees, access rules, and limits through LBank's official terms.
LBank, MEXC, and Gate.io comparison
The table uses recorded asset counts, base fees, access rules, and security fields for LBank, MEXC, and Gate.io.
| Feature | LBank | MEXC | Gate.io |
|---|---|---|---|
| Cryptocurrencies | 800+ | 2,300+ | 1,700+ |
| Base spot maker / taker | 0.10% / 0.10% | 0.00% / 0.05% | 0.20% / 0.20% |
| Maximum futures leverage | 125x | 200x | 100x |
| US access | No | No | No |
| Basic trading without identity checks | Listed | Listed | Listed |
| Published proof of reserves | No | Listed | Listed |
| Recorded major hack | None | None | 2018 |
LBank has operated since 2015 and lists fewer assets than MEXC or Gate.io. MEXC lists a lower maker fee in the page data.
Gate.io lists proof-of-reserves data in the comparison. Each exchange restricts US residents.
Compare Gate.io, MEXC, and BitMart before choosing a platform.
Pros & Cons
What We Like
- Has operated since 2015 with no reported major hack
- Lists 800+ cryptocurrencies across 1,200 pairs
- Publishes a 0.10% base maker and taker fee
- Offers a 0.08% higher-volume spot tier
- Supports spot, futures, P2P, and Launchpad products
- Offers futures leverage up to 125x on some contracts
- Allows basic crypto trading without identity checks in the page data
- Provides iOS and Android apps
What Could Be Better
- Does not publish proof-of-reserves data
- Reported trading volume has drawn questions from data providers
- British Virgin Islands registration provides limited oversight
- User balances have no government-backed deposit insurance
- US residents cannot use LBank under its regional rules
- Small token pairs can have weak liquidity
- The interface can overwhelm new traders
- No public bug-bounty program appears in the page data
What to check
This profile summarizes public-source information. Check the linked evidence for each factor before you decide.
- Trading Fees
- Security
- User Experience
- Customer Support
LBank vs Exchanges
| Feature |  |  |  |  |
|---|---|---|---|---|
| Trading Fees | 0.1% / 0.1% | 0.1% / 0.1% | 0.1% / 0.1% | 0.2% / 0.2% |
| Cryptocurrencies | 800+ | 490+ | 700+ | 200+ |
| Security | 2FA available | 2FA available | 2FA available | 2FA available |
| Read Review → | Read Review → | Read Review → | Read Review → |
Frequently Asked Questions
LBank records no publicly reported major hack since 2015. The page data also lists cold storage, two-factor authentication, anti-phishing codes, and withdrawal whitelists. LBank does not publish proof-of-reserves data. It also lacks deposit insurance and major regulatory licenses. Keep only risk-appropriate trading funds on the exchange. Use suitable self-custody for assets that do not need active trading.
LBank publishes a 0.10% maker and taker fee for base-tier spot orders. A higher-volume tier lists a 0.08% fee. Crypto deposits have no listed LBank fee. Withdrawal, card, futures, and funding charges vary by product or network. Confirm the final charge before each transaction.
The page data states that basic crypto trading can be available without identity documents. Unverified accounts have lower withdrawal limits. Higher verification levels can require a government ID, selfie, or proof of address. Fiat purchases and P2P trading can require verification. Check LBank's current regional rules before funding an account.
1. Open Assets and select Withdraw. 2. Select the asset and the receiving network. 3. Enter the external wallet address. 4. Review the address, network, amount, and fee. 5. Complete the required email and two-factor checks. Test a new address with a small amount. An incorrect network can cause permanent loss.
LBank lists global availability with regional restrictions. The restricted-country data includes the United States, mainland China, Cuba, Iran, North Korea, and Syria. A VPN can breach LBank's terms and risk an account restriction. Check local law and LBank's current terms before registration.
LBank adds many early-stage tokens before larger exchanges. LBank Labs also invests in some projects that later enter the platform's listing pipeline. Launchpad participation can require LBK holdings or staking. Early listings can have weak liquidity, limited disclosure, and large price declines. Assess the contract, team, allocation, liquidity, and vesting schedule before trading.
LBank lists live chat, email, and support tickets as available 24/7. Use live chat for an urgent security concern. Use the Help Center for account investigations. Send email only to addresses listed on LBank's official website. Response times depend on the issue and market activity.
LBank Labs invests in and incubates early-stage blockchain projects. Launchpad offers selected token sales before exchange listing. Participation can require LBK holdings, staking, or identity verification. The exchange and project teams control each sale's price, timing, and allocation. A Launchpad allocation can lose its full value. Read the sale terms and token vesting schedule before participating.
LBank offers perpetual futures with leverage up to 125x on some BTC and ETH contracts. Smaller altcoins usually have lower limits. The platform lists USDT-margined and coin-margined contracts. Funding applies every eight hours. A 125x position can liquidate after a move of about 0.8% against the trader. Lower leverage still carries liquidation risk.
LBank offers iOS and Android apps, plus a direct Android package. The recorded combined app rating is 4.1. The apps support spot and futures trading, deposits, withdrawals, alerts, and account management. TradingView charts include indicators and drawing tools. Download an app only from LBank's official links or an authorized app store.
The page data says some users can trade crypto before identity verification. Withdrawal limits apply to unverified accounts. Higher verification can require a government ID, selfie, and proof of address. Card purchases and P2P access can require verification. Regional rules can change. Confirm eligibility on LBank's official website.
LBank's interface and broad token list can be difficult for a new trader. The platform also provides limited educational guidance. New users should learn order types, network selection, token risks, and custody before trading. Avoid leverage while learning and use small amounts.
LBank offers live chat, email, and ticket support. The platform lists each channel as available 24/7. Published user reports describe faster handling for simple questions than for account investigations. Market activity can affect response times. Use live chat for suspected unauthorized access. Keep transaction IDs and screenshots ready for a support request.
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LBank offer details
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When to skip LBank
Skip LBank if you need protections that its current license or custody terms do not provide.
Sources & References
Market Data
User Reviews
Documentation
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Risk Disclaimer
Cryptocurrency trading and investing involve a substantial risk of loss. Prices can change significantly in a short period, and you can lose some or all of your invested capital. This page gives information and does not give financial, investment, or legal advice. Check current provider terms and assess your risk before you make a financial decision. InsideCryptoReview can earn a commission from an affiliate link. A provider cannot approve or change our editorial copy. Past performance does not guarantee future results. Invest only an amount that you can afford to lose.