Exchange overview
| HQ Country | HK |
|---|---|
| Founded | 2015 |
| KYC Level | Basic |
| Fiat Onramp | Not listed |
| Fiat Currencies | — |
| Support Channels | livechat,email |
| Proof of Reserves | Not disclosed |
| Maker / Taker (bps) | — / — |
Description
LBank is a centralized cryptocurrency exchange (CEX) founded in 2015, designed to provide global users with access to digital asset trading, investment tools, and financial services. It serves millions of users across more than 160 countries, positioning itself as a mid-tier but globally accessible exchange.
⚙️ Core Features
LBank offers a multi-product trading ecosystem, including:
Spot trading (800+ cryptocurrencies and 1,000+ trading pairs) Futures trading with leverage Copy trading (follow professional traders) Earn products (staking, flexible savings, launchpool) Launchpad for new crypto projects P2P and fiat on-ramp services via third-party providers
The platform is particularly known for its large selection of altcoins and meme coins, making it attractive to users seeking early-stage or high-volatility assets.
💰 Fees & Trading Conditions Spot trading fees: ~0.10% (maker/taker) Futures fees: ~0.02%–0.06% depending on role and tier Crypto deposits: free (network fees may apply)
These fees are generally considered competitive within the industry.
🔐 Security & Infrastructure
LBank uses standard security practices such as:
Cold + hot wallet separation Two-factor authentication (2FA) Risk control systems and monitoring
Its security rating has improved over time, with independent assessments indicating moderate-to-good protection standards.
🌍 Market Position 20M+ users globally Operates in most countries worldwide Known for: Wide asset selection Fast listing of new tokens Flexible (optional) KYC structure ⚠️ Considerations Not strongly regulated compared to top-tier exchanges Heavy focus on high-risk assets (meme coins, low-cap tokens) Fiat services depend on third-party providers Liquidity can vary across smaller assets
Other things to consider
Features
Security checklist
- Two-factor authentication Yes
- Hardware 2FA No
- Withdrawal whitelist Yes
- Anti-phishing code Yes
- Session management Yes
- Bug bounty Yes
- Public pentest No
- Insurance disclosed No
Fees & tiers
Maker/Taker: — / —
Deposit fees policy
Deposit fee policy not disclosed.
Withdrawal fees policy
Withdrawal fee policy not disclosed.
Fee notes
No additional fee notes disclosed.
Transparency
| Proof of Reserves | Not disclosed |
|---|---|
| Assets proof | No |
| Liabilities proof | No |
| Method | — |
| Auditor | — |
| Report | — |
| Last report | — |
Incidents
| Date | Type | Severity | Source |
|---|---|---|---|
| No incidents have been recorded. | |||
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