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Type of review

Revainrating 4 out of 5

LBank is a digital asset trading platform with a focus on Asian markets. It offers mostly crypto-to-crypto spot trading, but also works with fiat. At this exchange, you can find a lot of altcoins for trade, and they are relatively low-cost.

LBank exchange is a cryptocurrency exchange that offers services for crypto trading to its customers and users throughout the world as it is a global platform for cryptocurrency trading. The headquarters of the LBank is located in Hong Kong, the administrative area of China. As it is present in Hong Kong, so we can say that the rules and regulations are not very strict but it does not mean that it affects the credibility of the exchange. In fact, it is one of the trustable places for…

Pros
  • Good for Chinese and Asian Traders
  • Understandable Interface for both new and professional traders
  • Affordable fees (especially maker fees)
  • Availability of a large number of cryptocurrencies
  • No strict rules and regulations
  • Secure and reliable
  • Mobile Support
Cons
  • Not have access to most of the countries
  • Complains of slow support

Revainrating 4 out of 5

Trading platform with a focus on Asian markets.

It offers low-cost trading on a wide range of digital currencies, and its platform is great and easy to use. Also, this exchange supports fiat currency, anonymous trading, and seems to have sufficient liquidity across most.

Pros
  • It has enough liquidity.
  • Low-cost trading experience.
  • It has advanced trading platform.
  • Also support Fiat currencies and bank wire transfers.
Cons
  • Lacking presentation.
  • Not regulated.

Revainrating 5 out of 5

Lbank, platform exchange

Lbank is a hong kong based cryptocurrency exchange site.Lbank offers a below average number of markets and a below average number of tradable pairs.This platform offers an industry average commission fee.Concerns for this project include a lack of public information on most of the team members, a lack of quality customer service, and a lack of insurance in the case of a future hack.

Pros
  • Download for ios,android,windows and mac.
  • Fiat currencies transactions are supported.
  • The exchange platform is very nice and simple.
  • The costs of trading at this platform are relatively low.
  • They have never had any reported hackings or loss of funds.
  • Two factor authentication is available for logins and transactions.
Cons
  • The english language is not a priority.
  • Slow customer service and limited options.
  • This platform is not regulated.

Revainrating 3 out of 5

Centralized features

LBank, an Exchange that emerged in 2016, is characterized by a centralized system that owns a large market volume to other renowned Exchanges today. Despite having some limitations, its security is very reliable in addition to projecting the same characteristics in its mobile version, and having a live customer service is great since many do not have these functions. By including a great community the exchange is highly spoken of although some have experienced delays in withdrawals and…

Pros
  • It has a good section of design and colors of the exchange.
  • Available for any version of computer and mobile.
  • Includes a live chat
  • Acceptable trading and withdrawal fees
  • Includes an OTC trading and staking service.
  • Excellent community in the telegram group.
Cons
  • Its mobile application has low reviews despite having time in the market.
  • Deposits usually have some delays.

Revainrating 3 out of 5

LBank is a very good exchange for cryptocurrencies trading as it has many…

LBank is a very good exchange for cryptocurrencies trading as it has many advantages that other exchanges do not have. This is a very good platform that both the beginners and experienced traders should choose to buy and sell coins/tokens regardless of minor problems

Pros
  • - Their web's design is very attractive and effective for the beginners - Minimum deposit limits are very low - OTC trading is live, users can trade with CNY - They have a native token that benefits the holders - They have a native app - They offer online games to users - Their support service is useful - The registration process is not - Their withdrawal limits are low - The volume is extremely high - They host IEOs
Cons
  • - You cannot withdraw if you don't have Chinese phone numbers or GA codes - There are not many trading pairs for selection - There are not many available languages

Revainrating 4 out of 5

Some basic aspects about the Lbank cryptocurrency exchange platform is that a…

Some basic aspects about the Lbank cryptocurrency exchange platform is that a large part of its developers had some previously established characteristics before carrying out the conclusion of the project as such, since in addition to devising a very clean, clear and precise platform in which all customers who play the role of operators could use it without many problems being very good and simple at the same time. All the above mentioned in addition to the digital interface of Lbank also has…

Pros
  • We define Lbank as a digital interface of a network of platforms which is specially designed for the commerce and administration of all kinds of virtual goods, whether they are cryptocurrencies or any other digital assets. Practically in a few words Lbank is a digital system made and designed so that all those people who wish to carry out transactions and / or trade transactions and benefit from the stock movements of virtual currencies can in a very simple way obtain their virtual gains through very few online transactions. We can describe that Lbank is a house of changes for cryptocurrencies with an approach that is oriented mainly to the market of crypto Chinese goods. In the first place, it stands out in front of other exchange houses for offering its clients operations and movements with very reasonable, low cost and fair rates, besides this it provides its clientele with a wide collection and catalog of different virtual currencies, cryptocurrencies and digital goods or assets all from its very well adapted online interface in which it is also possible to carry out transactions related to the classic fiduciary currencies, anonymous operations and has a liquidity in addition to confidence that make it a very reliable exchanger.
Cons
  • The company Lbank gave rise to its foundation in mid-October 2016, its main headquarters are in China and since then all that community of entrepreneurs have been developing new techniques and attractive tools so that the largest number of users are interested in the page thus increasing in a very favorable way its popularity in the Asian countries mainly, because since with all the recognition they have, they must provide their users with an excellent service, with many cryptocurrencies for trade within the page, including the most important ones such as Bitcoin, Ethereum el Qtum, ZEC and among others

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

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.