LBank is a good cryptocurrency change providing merchants a complete suite of companies in a single platform. The change options an intuitive cell app, built-in pockets, copy buying and selling instruments, and an built-in NFT market, permitting customers to handle varied crypto merchandise from a unified portfolio.
LBank is each protected and legit for purchasing crypto in 2025. It stands out amongst crypto exchanges for its strong safety measures, together with SSL encryption and chilly pockets storage, whereas permitting customers to commerce with out obligatory identification verification (KYC).
This complete LBank evaluate will enable you decide if it’s the best platform on your crypto buying and selling wants. We’ll cowl the change’s professionals and cons, its availability within the US, detailed price constructions, standout options, and supply a transparent information on open an account and defend your property.
Moreover, we are going to present you an easy course of on open a brand new LBank buying and selling account and spotlight the safety measures the change makes use of to guard customers’ property and knowledge.
Join LBank immediately and faucet into copy buying and selling, NFTs, and 800+ cryptos — multi functional streamlined platform
LBank Overview: What’s it?
LBank is a well-liked centralized crypto change established in 2015, serving over 15 million customers globally. It helps varied buying and selling merchandise, together with spot and margin buying and selling, futures and choices, peer-to-peer buying and selling, staking, and crypto ETFs.
The change was launched in 2015 and at present gives cryptocurrency buying and selling companies to over 15 million customers in varied nations. It’s ideally suited for buyers who want to get early entry to new crypto tasks as a result of it lists new altcoins typically, giving customers early entry to those tokens earlier than their market costs spike.
To offer an in depth overview of LBank Change and its greatest options, the desk beneath summarizes LBank’s buying and selling options, supported cryptocurrencies, KYC necessities, and extra.
ChangeLBankBased 2015HeadquartersIndonesia (PT LBK TEKNOLOGY INDONESIA)Founder Eric HeOptionsA cell app, LBank Pockets, copy buying and selling, NFT market, LBank earn and bonuses, launchpool & launchpad, and LBank academy.Supported Cryptocurrencies800+Native TokenLBKMargin Buying and selling Sure (Leveraged tokens)KYC RequirementNon-compulsory (required for fiat companies, LBank Card, and different options).Safety Measures SSL encryption, two issue authentication (2FA), chilly pockets storage, anti-phishing code, asset password, IP whitelisting, an insurance coverage fund, and bug bounty packages.Buyer Help Electronic mail and reside chatBuying and selling FeesSpot: 0% – 0.2% for makers and 0.10% – 0.20% for takers.
Futures: 0.02% maker and 0.06% taker.
Leverages Tokens: 0.20% maker/taker.
Buying and selling Choices and Extra OptionsSpot, futures, P2P, leverage, derivatives buying and selling, grid buying and selling, copy buying and selling, lending & borrowing, staking, and OTC buying and selling.Deposit StrategiesCryptocurrency and 20+ cost strategies, together with MasterCard, Visa, Google Pay, ApplePay, financial institution switch, and many others.WithdrawalCryptocurrency and third-party cost platforms.Restricted AreasMainland China, the US, Iran, Iraq, Syria, Crimea, Sudan, North Korea, Afghanistan, and Cuba.
What Are the Professionals of LBank Crypto Change?
The professionals of LBank crypto change are:
Aggressive Buying and selling Charges: LBank expenses a aggressive 0.1% maker/taker price for spot buying and selling, 0.02% for makers, and 0.06% for takers for futures buying and selling. These charges are aggressive and can’t be lowered no matter buying and selling quantity, permitting merchants to grasp the price construction extra simply.Non-compulsory KYC: The change gives KYC, however it’s non-obligatory. You should use the platform to finish purchase and promote orders, earn free cash, make withdrawals, and discover different merchandise obtainable on the buying and selling platform with out finishing the identification verification course of.50+ Supported Cost Strategies: The LBank buying and selling platform helps over 50 deposit strategies, enabling customers to purchase cryptocurrency utilizing their native financial institution playing cards and accounts. Due to this fact, there’s no have to switch your funds to third-party platforms earlier than you should purchase crypto until you need to.Copy and Bot Buying and selling: LBank gives a duplicate buying and selling characteristic and grid buying and selling (bots) to assist customers automate and optimize their cryptocurrency trades. Buyers can both copy the methods of skilled merchants or use buying and selling bots that assist them capitalize on worth fluctuations by executing trades robotically based mostly on predefined parameters.Token Launchpad and Launchpool: LBank gives a launchpad the place new tasks can elevate funds, and new customers can discover and spend money on new cryptocurrencies earlier than they hit different main exchanges. This can be a nice method to spend money on promising tasks for a closely discounted worth and hopefully get excessive returns if the challenge does nicely.Excessive Liquidity for Meme Cash: In contrast to many exchanges that battle with liquidity for smaller altcoins, LBank Change has excessive liquidity for meme cash and newly listed tokens. This ensures a easy buying and selling expertise and worth stability when opening and shutting positions.
What Are the Cons of LBank Crypto Change?
No Buying and selling Payment Reductions: In contrast to different exchanges out there, LBank doesn’t supply buying and selling price reductions for holding a local token or increased buying and selling quantity. Spot charges stay mounted at 0.10 – 0.20% per commerce, whereas futures charges stay at 0.02% and 0.06% for makers and takers, respectively.Restricted Instructional Assets: Whereas LBank gives the LBank Academy and FAQs, it lacks demo accounts and complete coaching packages, making it much less ideally suited for newbies.
Nevertheless, the crypto change allows studying by way of LBank Academy, which is a devoted studying setting for merchants who need to perceive blockchain and crypto-related subjects. In addition to the academy, customers can discover solutions to steadily requested questions at LBank’s help heart.
Restricted Help Channels: LBank offers buyer help by way of e mail and reside chat. Due to this fact, the response instances may be gradual, particularly for customers who need assistance with extra complicated issues than the help bot can deal with.
Don’t miss early entry to trending altcoins — create your LBank account now and keep forward of the crypto curve.
Is LBank Out there within the US
No, LBank isn’t obtainable within the US. The change doesn’t have regulatory approvals within the US, so US-based customers ought to contemplate platforms like Coinbase, Kraken, or Binance.US as a substitute
What Nation is LBank From?
LBank is from Indonesia, and the mother or father firm is headquartered there. Nevertheless, the buying and selling platform has places of work within the British Virgin Islands, Lithuania, Canada, and Singapore.
Does LBank Require KYC?
No, LBank doesn’t require KYC. With out finishing KYC, you may nonetheless purchase, promote, and commerce crypto and withdraw as much as 300,000 USDT each day. Nevertheless, sure merchandise just like the LBank Card are unavailable to you and non-verified customers.
Need to commerce crypto with out giving up your privateness? LBank’s non-obligatory KYC retains you in management. Begin buying and selling anonymously
What Are LBank Charges?
LBank charges are buying and selling charges (spot and futures), deposit and withdrawal charges, leveraged tokens charges, and LBank Card expenses.
LBank Buying and selling Charges
LBank buying and selling charges are aggressive and comply with the maker-taker mannequin. For spot buying and selling, it expenses a flat 0.10 – 0.20% for each makers and takers. In the meantime, futures buying and selling charges on LBank are 0.02% for makers and 0.06% for takers.
In contrast to different exchanges, which permit customers to scale back their buying and selling prices by rising their 30-day buying and selling quantity or holding native tokens, the LBank platform doesn’t supply reductions on buying and selling charges despite the fact that it has a local token, LBK.
LBank Deposit and Withdrawal Charges
LBank deposit and withdrawal charges are totally different relying on the cost methodology. Crypto and fiat forex deposit charges (financial institution switch, P2P, and crypto networks) are free. Nevertheless, crypto withdrawal charges fluctuate relying on the coin, blockchain, and community situations.
Here’s a breakdown of the withdrawal charges for varied cryptocurrencies and fiat withdrawal strategies on LBank Change.
Notice: Withdrawal Charges for fiat currencies differ relying in your cost methodology. Additionally, inner withdrawals (i.e., transfers from one LBank pockets to a different) for cryptocurrencies on the LBank platform are free.
Margin Charges (Leveraged Tokens)
LBank margin buying and selling charges are a 0.20% maker/taker price plus a 0.1% each day price. The change takes a special method to leverage buying and selling by offering leverage tokens as a substitute of leverage on tokens.
These leverage tokens operate as derivatives fairly than spot buying and selling pairs and are perpetual merchandise, eliminating the danger of liquidation despite the fact that they’re as risky as conventional margin buying and selling.
The buying and selling charges for leveraged tokens on LBank are the best amongst all of the obtainable buying and selling merchandise. Whenever you examine this to the margin transaction charges of different main exchanges within the crypto world, you will note that LBank has increased charges, despite the fact that they’re beneath the business common.
What are the Greatest Options of LBank?
LBank’s greatest options are its cell app, the LBank Pockets, copy buying and selling interface and NFT (non-fungible token) market.
LBank Cellular App
The LBank cell app is on the market for iOS and Android. It’s a user-friendly platform that gives a handy and accessible means for customers to commerce cryptocurrencies from their smartphones even when they’re on the transfer. The app’s intuitive interface and superior charting instruments give newbies and skilled merchants a easy buying and selling expertise.
Utilizing the app, you may entry superior instruments, portfolio monitoring, and all of the buying and selling choices obtainable on the desktop, together with spot, derivatives buying and selling, and futures buying and selling. One of many app’s standout options is its real-time worth monitoring and alerts. Merchants can set worth notifications to remain up to date on market actions with out consistently checking the app.
The app additionally integrates LBank Earn, a characteristic that lets customers stake cryptocurrencies and earn passive revenue. If you wish to buy crypto with fiat currencies, you should use a number of cost choices, together with credit score and debit playing cards, financial institution transfers, and third-party cost suppliers.
A number of the key options of the LBank cell app embody:
Built-in staking by way of LBank Earn.Reside market knowledge, and you’ll set worth alerts for any pair.LBank helps a number of cost choices for purchasing crypto with fiat currencies.Enhanced safety with 2FA, biometric login, withdrawal whitelist, anti-phishing code, and IP whitelisting.LBank gives spot and futures buying and selling with aggressive buying and selling charges.A portfolio overview display that shows your account steadiness throughout spot, futures, grid, and earn accounts.A coin search web page that highlights the most recent and trending tokens. It additionally allows merchants to rapidly seek for buying and selling pairs throughout spot and futures markets and grid buying and selling pairs.
Obtain the LBank app now and commerce crypto with real-time alerts and tight spreads — anytime, wherever
LBank Pockets
LBank Pockets is a built-in crypto pockets that enables customers to retailer, handle, and switch digital property immediately from the platform. It gives each a cold and hot pockets. The pockets is custodial, that means LBank holds the non-public keys. This offers comfort but in addition means customers should belief and rely upon the platform for safety.
Other than the new pockets storage, which offers quick access to person property, one other key benefit of the LBank pockets is its safety measures. Funds are primarily saved in chilly wallets to scale back the danger of hacks, whereas the platform additionally employs anti-phishing codes and withdrawal whitelist choices for added safety.
LBank Copy Buying and selling
LBank Copy Buying and selling is a characteristic that robotically permits newbies and fewer skilled merchants to duplicate skilled merchants’ trades. This characteristic is designed to assist new merchants earn more money from crypto buying and selling, even when they lack expertise or are too busy to investigate LBank’s charts.
The buying and selling platform shows key metrics about every dealer, together with their win fee, complete revenue, danger degree, and buying and selling historical past, to assist followers study extra in regards to the lead merchants and their methods. When you go for copy buying and selling on LBank Change, you may browse an inventory of skilled merchants, evaluate their efficiency historical past and buying and selling methods, and comply with them.
As soon as you choose a dealer, their buying and selling methods are robotically mirrored in your account in actual time. If the dealer opens or closes a place, your account will execute the identical commerce proportionally to the funds you allocate. You would comply with a dealer and nonetheless be unable to repeat their trades. To keep away from failed copy trades, guarantee a ample steadiness in your futures buying and selling account.
LBank NFT Market
LBank NFT Market is a platform for minting, shopping for, promoting, and buying and selling NFTs. It’s built-in with the LBank change, permitting customers to simply fund their accounts and buy NFTs with out transferring crypto property between totally different platforms.
Whenever you register on the LBank Change, you robotically achieve entry to an NFT account. When you’re a creator, you may submit your NFT for evaluate, and as soon as it’s accepted, you may checklist it on the market. Creators and collectors can discover varied NFT collections, together with artwork, music, gaming property, and digital actual property, on LBank.
How To Open a New LBank Buying and selling Account?
To open a brand new LBank buying and selling account to purchase and promote cryptocurrencies, you want to go to the LBank web site or obtain the app, join along with your e mail, confirm your identification, allow safety features, deposit funds, and begin buying and selling. Beneath is a step-by-step information that will help you by way of the method.
Step 1: Go to the official LBank web site and click on on the “Signal Up” button on the prime proper nook of the web page. It’s also possible to register by way of the cell app by downloading it from the Google Play Retailer or App Retailer.
Step 2: Register an Account
Enter your e mail deal with and create a powerful password. In case you have one, add your invitation code (referral code), then click on “Log in/Register.” You’ll obtain a verification code by way of e mail, enter it to finish the registration course of.
Professional Tip: Referral codes enable you earn free financial rewards and buying and selling price reductions on crypto exchanges. Try this crypto sign-up bonus compilation to search out promo codes for varied exchanges and get welcome bonuses of as much as $30,000, relying on the change.
Step 3: Full Id Verification and Allow Safety Options
After confirming your account, you may deposit crypto or fiat and begin buying and selling. Nevertheless, you should full the KYC verification course of to unlock full buying and selling options. You are able to do this by way of the “Official Confirm” web page in your profile and by importing a sound government-issued ID (passport, driver’s license, or nationwide ID).
For extra account safety, activate two-factor authentication (2FA) utilizing Google Authenticator or SMS verification. Beneath account settings within the “Safety” part, you may arrange a number of safety features.
Step 4: Deposit Funds
As soon as your account is verified, click on ‘Deposit’ on the prime proper nook and select a supported cost methodology to fund your LBank buying and selling account. Crypto transfers, direct financial institution transfers, and third-party cost suppliers can be found.
Step 6: Begin Buying and selling
To start out crypto buying and selling, click on the spherical yellow button labeled “Commerce” on the backside heart of your account in case you are utilizing the cell app. When you use the net app, choose “Commerce” on the prime of your dashboard. Then, faucet on the displayed buying and selling pairs to decide on whether or not you need to commerce spot, futures pairs, or leveraged tokens.
Whenever you click on on the buying and selling product you want to commerce, LBank will show totally different buying and selling pairs from which you’ll be able to select. When you don’t see the pair you need to commerce, use the search bar to search out it and place your first purchase or promote order.
Primarily based in your buying and selling technique and targets, you may customise your order by deciding whether or not to purchase crypto on the present market worth (market orders), restrict orders, or stop-limit orders. Then, enter the quantity you need to spend money on the pair and place your order.
If you’re a novice dealer and want to study extra in regards to the order sorts utilized in main cryptocurrency exchanges earlier than initiating your first commerce, learn this text on cryptocurrency buying and selling. It covers every little thing you want to learn about crypto buying and selling and exchanges and begin your cryptocurrency buying and selling journey.
Is LBank Legit and Secure to Commerce Cryptocurrencies?
LBank is a legit cryptocurrency change that has been working since 2015. Whereas LBank isn’t regulated by main monetary authorities such because the SEC (US) or FCA (UK), it’s regulated in a number of areas and has not recorded any vital hacks.
That mentioned, LBank’s safety features embody SSL encryption, two issue authentication, chilly pockets storage, an anti-phishing code, an asset password, and an insurance coverage fund.
1. SSL Encryption to Shield Person Information and Transactions
Even with the non-obligatory KYC necessities, LBank makes use of SSL encryption to make sure that data transmitted between customers and the buying and selling platform stays non-public and safe. Like a few of the greatest no KYC crypto exchanges, LBank implements different superior safety protocols to guard its programs and infrastructure.
2. Two Issue Authentication (2FA) for Account Entry
LBank requires customers to allow Google Authenticator (2FA) to log in, withdraw funds, handle crypto holdings, and modify safety settings. This provides an additional layer of safety by guaranteeing that solely the account proprietor can approve main transactions.
3. Chilly Storage for Funds
To reduce the danger of hacks, LBank shops most customers’ funds in chilly wallets, offline storage programs not linked to the web. This reduces the possibilities of cyberattacks, as hackers can not entry these funds remotely. Only some property are saved in sizzling wallets to facilitate each day buying and selling operations.
4. Anti-Phishing Code
Customers can activate an anti-phishing code, which ensures that each one emails acquired from LBank include a singular identifier set by the person. This helps customers detect fraudulent emails trying to steal login credentials or funds.
5. Asset Password
LBank permits customers to arrange a fund password that they have to enter each 2 hours throughout spot buying and selling to confirm their identification. This implies that if somebody makes use of your machine to entry your account or in any other case, LBank will stop them from redirecting your funds since they will’t present the fund password required.
6. IP Whitelisting
IP whitelisting is a safety measure that enables solely particular, trusted IP addresses to entry your account. Whenever you activate this safety characteristic, any try to attach from unauthorized IPs can be blocked to guard your LBank account and crypto property.
7. Insurance coverage Fund
The Insurance coverage Fund at LBank Change is designed to cowl losses when shopper accounts go beneath zero, utilizing collateral from charges on non-bankrupt shoppers to restrict counterparty-liquidation occurrences. All perpetual futures contracts on LBank share a typical insurance coverage fund, aside from BTC/USDT and ETH/USDT, which have their personal separate funds.
