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LBank Review

47

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Followers 4

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Exchanges

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Description of LBank

What Is LBank? LBank is a globally based centralized exchange (CEX) platform that was established in 2015. The platform allows users to buy and sell major crypto assets like Bitcoin (BTC) and Ethereum (ETH) in over 149 fiat currencies, with over 20 payment methods. The company has licenses from the National Futures Association, Italian Organismo degli Agenti e dei Mediatori, and money services businesses in the United States & Canada. LBank's financial products include spot and margin trading, crypto futures and options, staking, and ETF trading of crypto assets. Other services include peer-to-peer (P2P) transactions and grid trading. Who Are the LBank Founders? Allen Wei and Eric He co-founded the trading platform. Wei is a former IT developer and is currently the CEO of LBank. The advent of cryptocurrency Bitcoin inspired him to start the project. Where Is LBank Located? The exchange is based in the British Virgin Islands, and owned and operated by LBK Blockchain Co., Limited. The exchange also has offices in Lithuania, Canada, and Singapore. In what countries is LBank active? The exchange has more than 9 million users and accepts clients from over 200 regions. What Coins Are Supported on LBank? The centralized cryptocurrency exchange supports over 800 cryptocurrencies and more than 1000 trading pairs. The most notable crypto assets of the platform are BTC, ETH, LUNA, MATIC, FTM, CRO, DOGE and more. How Much Are LBank Fees? The exchange charges a flat 0.10% maker and taker fee for spot trading, and withdrawal fees vary from crypto to crypto. For futures, the maker rates are 0.02% and 0.06% for taker fees. There is no deposit fee. Is It Possible To Use Leverage or Margin Trading on LBank? Exchange customers can trade leveraged ETFs using the spot trading process. A leveraged ETF is a derivative instrument. No margin is required. LBank supports 3X long leverage (3L) and 3X short leverage (3S). Users can also trade crypto futures, including BTCUSDT, ETHUSDT, FILUSDT and more perpetual contracts with leverage of up to 125X. Cross margin and isolated margin are available.
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Reviews

Global ratings 47
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Type of review

Revainrating 5 out of 5

The largest exchange for convenient coin transactions.

Registration here is normal - you can register using an email or mobile phone number, then come up with a password and confirm the data. The trading terminal is very pleasing to the eye. In it, we see all the information necessary for trading: order books, transaction history, chart (integrated with Trading View), selection of a trading pair (now there are 142 of them) and also a working panel for placing orders. There are only two types of orders: limit and market, there is no stop loss…

Pros
  • Good
Cons
  • No problems

Revainrating 4 out of 5

LBank is a paid business that promotes other exchanges.

LBank is a trading benefit that extends the candidacy of an LBK token exchange that has the potential to be a major trading fair while respecting daily transactions. There are several ways to exchange. the user target should be a regular scout on stage. In addition, it has every opportunity to offer other altcoins at a higher price, for example, how good it is to find the price in case of a conflict, even though it affects a large exhibition every day. Scene calls for a web interface for mobile

Pros
  • Using the interface is a beginner.
  • Low commissions.
  • Enter multiple cryptocurrency pairs.
  • Allows the use of fiat currencies such as buckets or yuan.
Cons
  • A mobile app in Chinese.
  • Lack of information in English.

Revainrating 4 out of 5

New convenient exchange for new opportunities

_Lbank is a product of Asian companies. LBank accepts fiat transactions. This is convenient for those who need to exchange dollars, euros, yuan for digital coins with minimal costs. This is a very convenient exchange for purchases and transactions, there is one thing, but this is exchange aimed at the Asian exchange, if this does not bother you, then you can safely register ... the interface is very clear even for beginners. I think anyone can handle it, but if you have problems, you can read

Pros
  • Good
Cons
  • No problems

Revainrating 3 out of 5

Lbank is an exchange with fair fees

Before adopting the services of an exchange, there are some factors that should be considered. Three of them are regulations, security and social presence. This review will discuss Lbank exchange in the light of these factors. Lbank is a Chinese Exchange headquartered in Hong Kong due to stringent regulations of Chinese government. Until now it is not licensed and doesn't have a formal regulations. It was founded in 2016 by the Superchains Network Technology Ltd. The exchange offers…

Pros
  • It offers OTC Trading Platform for direct Transaction
  • Their fees are below the industry standard. It charges only 0.10% on maker and takers
  • It offers strong security
Cons
  • Their social presence on the Twitter Platform is discouraging
  • Customer service is poor
  • It is not regulated.

Revainrating 5 out of 5

LBank crypto-currency exchange review

LBank is one of the most user-friendly systems on the market, with a simple interface that anybody can comprehend and administer. Accepting fiat currency is an option on this site. This platform processes transactions at a high rate and provides good security while conducting transactions. In addition to having anonymous merchants, it supports a diverse range of cryptocurrencies in transactions, as well as fiat currencies and bank transfers. It has excellent liquids in most currencies and…

Pros
  • Accept fiat money, fiat money, and bank transfers.
  • Transactions are secured well.
Cons
  • none

Revainrating 5 out of 5

The exchange is seamlessly easy to use by all traders

The list of Chinese digital currency exchange I've come across since my sojourn in crypto trading are endless,most of them are often based in Hong Kong and they are good at offering reliable and crypto friendly services that excites their users Binance is also one of them. LBank is an hong Kong exchange were all simple and complex digital currency transaction are carried out, it offers one of the best trading service worldwide and it has been rated as one of the top 10 exchanges in the world…

Pros
  • It has a high 24 hour trading volume
  • Over hundred of coin is listed
  • The exchange interface is seamlessly easy to navigate
  • It has deep liquidity
Cons
  • None

Revainrating 4 out of 5

The exchange safe users funds with high security measures

Lbank as I am concerned is more of answering or responding to any type of questions related to business. This exchange uses a good block chain technology to build up it platform. This exchange is a centralized exchange, how I wished it was a decentralized one, it will be more secure to trade on, well, this exchange is also secured. The trading fee in this exchange is very customizable. The customer team are very friendly and make sure they give better experience and satisfaction to it users…

Pros
  • Fast support management
  • Very friendly
  • Easy user interface
  • Highly secured
Cons
  • Strict and stressful kyc

Revainrating 3 out of 5

LBank exchange and trading platform.

LBank is a centralized platform that provides the exchange, purchase and sale of virtual items for customers in exclusive components and regions around the world. Currently, the main function of this startup is to provide customers with effective answers to business and property law questions. This alternative platform offers a wide range of virtual currency pairs, and LBank also claims that it has one of the highest participation rewards of any alternative. The web portal of the platform…

Pros
  • Nice security features
  • It easy to
  • Promising exchange platform
Cons
  • Limited to Asian continent

Revainrating 4 out of 5

My review on the Chinese based Crypto exchange

LBank was first founded in the Early October 2016, this particular action platform we are talking about is a Chinese-based crypto exchange platform which supports various types of cryptocurrency and digital assets. one of the limitation of Lbank is that the Exchange platform is limited to some region around Asia, it is not widely known in some continent like Africa which is one of the challenges they are facing when they tried to penetrate the Crypto market. LBank Exchange platform is doing…

Pros
  • It's one of the most used Exchange platform in china
  • It's has more features than other Crypto exchange platform
  • It's very easy to use
Cons
  • They need to promote the Exchange platform more

Revainrating 4 out of 5

LBANK CRYPTOCURRENCY EXCHANGE PLATFORM

This cryptocurrency alternate evolved and registered in Hong Kong that is an epicentre in shopping for and promoting cryptocurrencies because of identified high quality competitors. They additionally provide software program for Android and iOS that we are able to down load from their respective stores. The beneficial detail is that we are able to alternate anonymously, we are able to carry out low-value operations, make some entries on pairs of cryptocurrency operations, and alternate or…

Pros
  • It lets in using fiat currencies which includes the greenback or the yuan.
  • Access to a couple of pairs of cryptocurrencies.
  • Low commissions.
  • Simple to apply interface.
Cons
  • There isn't always a lot interplay at the change's social media.
  • Lack of statistics withinside the English model of the internet site.
  • Mobile software in Chinese language only.

LBank easy Chinese best cryptocurrency and digital asset exchange platform that supports various types of crypto trading it was first created earlier in October 2016 since the launching of the exchange platform it has reached a global height which it features stand out among other crypto exchange platform DL bank exchange provides a innovative solution the sum of the trading and peering challenges faced by crypto trader DL bank offers a BTC-BTC, ETH,ZEC, QTUM VEN's among others. The LBank…

Pros
  • It's the safest place to buy and sell all your Crypto coin
  • They are a multi functional Crypto exchange platform that offer different support to their users
  • It's well protected by experts
  • It's as been around for a while which help understand some of the challenges users face with trading
Cons
  • The charge is quite too much

Revainrating 3 out of 5

LBank block chain exchange also reward users

LBank is a platform that is in the form of commercial interest. this exchange has its own token which is called the LBK tokens and it can be high level resource trades fair of which its occurs in a very single stage. There are many different trading area in this exchange. thermore, the p which is at a very high price because it is very pleasant to be aware of the level of commission that is in a volatile situations, even if the project continues to affect the storefront worldwide today. This…

Pros
  • the project reward its users
  • its very easy to access
Cons
  • the project is that popular

Revainrating 2 out of 5

is a trade administration that upgrades exchange.

They follow through on your coins at Market Cost to no end or to supplant the market since they have powerless liquidity and they will fix it once the assistance is spread the word about for you and nothing will be done following 8 hours of futile help. This guarantees prepared, dependable and secure help, and a four-year Exchange Insight, a bunch of involvement for programmers and clients to lose, is an indication of this.  LBank is a cryptographic money trade with around 150 exchang

Pros
  • permits you to purchase and sell.
Cons
  • I didn't discover the negatives.

Revainrating 2 out of 5

is an exchange service that enhances trade.

They pay your coins at Market Price for nothing or to replace the market because they have weak liquidity and they will fix it once the help is made known to you and nothing will be done after 8 hours of useless support. This ensures equipped, reliable and secure assistance, and a four-year Trade Experience, a set of experience for hackers and customers to lose, is a sign of this. LBank is a cryptocurrency exchange with about 150 trading complexes. There is a 0 • 10% rate for both creators and

Pros
  • allows you to buy and sell.
Cons
  • I didn’t find the negatives.

Revainrating 4 out of 5

LBank is a business intrigues that advance elective trade

LBank is a sort of business premium. It's anything but an elective trade dependent on every day exchanges. It talks and regards with its LBK tokens. This can be a significant level asset exchange reasonable that happens in a solitary stage. There are a few exchanging regions. The client token should be a persevering specialist in front of an audience. Moreover, they can offer other altcoins at exorbitant costs since it is charming to know the degree of commissions in an unstable circumstance…

Pros
  • Improve phase of execution, Record supported Day by day exchange
Cons
  • Exorbitant costs, take some safety efforts

LBank is a kind of commercial interest. It promotes an alternative exchange based on daily transactions. It speaks and respects with its LBK tokens. This can be a high-level resource trade fair that occurs in a single stage. There are several trading areas. The user token must be a persistent agent on stage. In addition, they can offer other altcoins at very high prices because it is pleasant to know the level of commissions in a volatile situation, even if it continues to affect storefronts…

Pros
  • Improve stage of performance, Account approved Daily transaction
Cons
  • High prices, take some security measures

Revainrating 4 out of 5

LBank

There are a few things to think about before deciding to use an exchange's services. Regulations, security, and social presence are three of them. In light of these issues, this evaluation will analyze Lbank exchange. Due to the Chinese government's strict rules, L bank is a Chinese exchange based in Hong Kong. It is currently unlicensed and subject to no official rules. The Superchains Network Technology Ltd created it in 2016. The exchange allows buyers and sellers to trade digital assets…

Pros
  • Their rates are lower than the industry average. It levies a 0.10 percent fee on both makers and takers.
  • It provides a high level of security.
Cons
  • Customer service is substandard.

Revainrating 4 out of 5

LBank Crypto currency exchange review

Lbank crpyto currency exchange is registered in Hong Kong and it's aims is to provide a seamless experience for it's user's LBank provides cold wallet storage of funds ,two factor a uthentication and users SSL encrypted users . It's support transactions in fiat currency ,you can withdrawer, deposit money through the Chinese than of US dollars. LBank is available on mobile App both on Android and iOS,this makes it easy bro trade on the go . LBank is focused mostly on the Asian market and the…

Pros
  • Simple to use
  • Available on mobile App,both Android and iPhone
  • Support multiple Crypto currencies
Cons
  • Mobile App in Chinese language
  • Lack of information in English language

Revainrating 4 out of 5

LBank

LBank is an trade benefit boosting an alternative of exchanging all through their LBK token which may be a sort of advanced resource fair running interior the stage, and speaking to and prompt esteem depending on day by day transactions.there are a few areas for exchanging with that token of users need to be continuously agent within the stage. They can moreover but and offer other Altcoins at great costs since the stage is sweet to find rates out in the event that instability, in spite of the…

Pros
  • good exchange
Cons
  • nothing

Revainrating 5 out of 5

LBank is must-have account for every crypto hodler.

I am LBank user since 2 months. Few days agi I noticed that volume of my coins is bigger than it was before. I just realized I am being paid dividents for some coins. I have accounts in other exchanges too and the same coins volume at other exchanges don't raise, unless you put them into investment plan. I am overwhelmed by generosity of LBank. As for speed of withdrawal - I use for withdrawal EOS and it goes quickly. I had only one problem that demanded use of support. Support reacted…

Pros
  • Huge dividents, emerging market coins starting at low prices, trust in security, quick withdrawal for EOS
Cons
  • No transparency about withdrawal (abnormal activity at account).