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Exchange review
CEX (Spot), CEX (Derivatives), DEX, P2P Active

Lbank

Founded 2015 Based in HK

Best for

Best for users who want lighter onboarding, 24/7 support coverage, and derivatives trading.

Summary

Lbank is a centralized exchange for spot trading, founded in 2015 and based in HK. It uses basic identity checks, does not list a fiat onramp, and does not disclose proof of reserves.

Quick snapshot

KYC
Basic
Fiat onramp
Not listed
Support
24/7 via Livechat,Email
Proof of reserves
Not disclosed
Base fees
Not listed

Brokerate score

96 / 100

The score reflects the published trust, fees, transparency, and support signals we could verify on this profile.

Founded
2015
HQ
HK
Check official site

Use the official site to confirm live fees, regional access, and reserve reporting before funding an account.

Quick evaluation

A fast read on the main decision areas before the detailed profile sections.

Security

5 security controls are listed, including Two-factor authentication and Withdrawal whitelist.

Fees

Base maker and taker fees are not listed. No deposit or withdrawal fee policy is disclosed.

KYC & fiat

Basic KYC is listed, no fiat onramp is listed, and support is listed as 24/7 via Livechat,Email.

Transparency

No proof-of-reserves program is disclosed. No recent reserve report date is listed.

Pros

  • 24/7 support is listed.
  • Support channels include Livechat,Email.
  • Derivatives markets are listed.

Cons

  • No proof of reserves is disclosed.
  • No fiat onramp is listed.
  • Base maker and taker fees are not listed.

Full exchange details

Overview

Company profile

HQ country

HK

Founded 2015

KYC level

Basic

Fiat support

Not listed

Access & funding

Support channels

Livechat,Email

24/7 support listed.

Proof of Reserves

Not disclosed

Fee snapshot

Not listed

Transparency

Proof of Reserves

Not disclosed

No proof-of-reserves program is disclosed in the profile.

Assets proof

Not disclosed

Last report

Not listed

Liabilities proof

Not disclosed

No named auditor or method disclosure is listed.

Security & trust

Account protection signals disclosed in the profile and the latest trust context we could verify.

Status
Active
Confidence
96/100

High-impact protections

3 of 4 higher-impact protections are listed, including Two-factor authentication and Withdrawal whitelist.

Listed

3/4

Two-factor authentication

Listed in the profile

Yes

Hardware 2FA

Not disclosed in the profile

No

Withdrawal whitelist

Listed in the profile

Yes

Anti-phishing code

Listed in the profile

Yes

Additional checks

Session management
Yes
Bug bounty
Yes
Public pentest
No
Insurance disclosed
No

Fees & policies

Trading fee disclosure, tier schedules, and any related policy notes in the profile.

Base maker and taker fees are not listed.

No extra tier or policy detail is listed.

Incidents

Publicly documented incident history in our current dataset.

No publicly documented incidents found in our current dataset.

Absence of incidents in this dataset is not a guarantee of safety or uninterrupted operations.

Product context

Listed product coverage and short editorial background for deeper comparison.

Coverage

Spot trading Futures Perpetuals Staking & Earn P2P Copy trading API (REST) API (WebSocket)

Background

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...

Read full background

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

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