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Review on LBank by Alex Martakov

Revainrating 5 out of 5

To sum up, I want to say that The lbank exchange has potential. User-friendly…

To sum up, I want to say that The lbank exchange has potential. User-friendly interface, excellent choice of cryptocurrencies, no problems with registration and verification. At the same time, the lack of Russian language, or full-featured English, deters from closer acquaintance with the platform. This is how the form of contacting support looks like. Also on the site there is no English version of the rules of use of the exchange, which by default have to agree at the time of registration. In General, to work with this exchange or not – it's up to everyone. Special advantages over other platforms, with a wider functionality and Russian (or English) interface, this exchange has not demonstrated.



Pros
  • Lbank cryptocurrency exchange is registered in Hong Kong. Judging by its interface (the lack of a normal Russian – speaking or at least English-speaking interface), the main target audience of the site is Asian countries. Due to the large number of cryptocurrencies and low fees, the platform has received high liquidity, and at the time of writing is on the 11th place in terms of daily trading. The advantages of the exchange Lbank - High liquidity; - Large selection of tokens; - Low commissions; - User-friendly, simple and intuitive interface; - Functional trading terminal; - Easy registration and verification. There are no claims to The security level of the lbank exchange. In the Internet there is no information that the site has been successfully attacked by hackers, or that its users had problems with the loss of their own funds in trading accounts. To protect your account, you can use double authentication by enabling it in your profile settings. Note that mobile phone number verification is available only for users from China. On the site there is an online chat, it is also possible to contact support via a ticket by e-mail. How quickly the service works and whether its employees are competent, it is difficult to say – it is impossible to find reviews about the work of the exchange in Runet. There can be two reasons for this. Either the exchange is not interesting to users from the CIS countries, or there are no problems when working with it.
Cons
  • - A clear focus on the Asian market, which is manifested in the absence of a normal English version of the site (not even a translation of the user agreement); - No margin trading and no stop orders; - The mobile app is only available in Chinese.

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