LBank is a good cryptocurrency alternate providing merchants a complete suite of providers in a single platform. The alternate options an intuitive cellular app, built-in pockets, copy buying and selling instruments, and an built-in NFT market, permitting customers to handle numerous crypto merchandise from a unified portfolio.
LBank is each secure and legit for purchasing crypto in 2025. It stands out amongst crypto exchanges for its sturdy safety measures, together with SSL encryption and chilly pockets storage, whereas permitting customers to commerce with out obligatory identification verification (KYC).
This complete LBank assessment will aid you decide if it’s the fitting platform in your crypto buying and selling wants. We’ll cowl the alternate’s execs and cons, its availability within the US, detailed charge constructions, standout options, and supply a transparent information on how one can open an account and shield your property.
Moreover, we are going to present you an easy course of on how one can open a brand new LBank buying and selling account and spotlight the safety measures the alternate makes use of to guard customers’ property and knowledge.
Join LBank at present and faucet into copy buying and selling, NFTs, and 800+ cryptos — multi function streamlined platform
LBank Overview: What’s it?
LBank is a well-liked centralized crypto alternate established in 2015, serving over 15 million customers globally. It helps numerous 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 alternate was launched in 2015 and at the moment gives cryptocurrency buying and selling providers to over 15 million customers in numerous nations. It’s splendid for buyers who wish 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 present 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 cellular 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-obligatory (required for fiat providers, 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 Assist Electronic mail and dwell 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 Further 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+ fee strategies, together with MasterCard, Visa, Google Pay, ApplePay, financial institution switch, and many others.WithdrawalCryptocurrency and third-party fee platforms.Restricted AreasMainland China, america, Iran, Iraq, Syria, Crimea, Sudan, North Korea, Afghanistan, and Cuba.
What Are the Professionals of LBank Crypto Change?
The professionals of LBank crypto alternate are:
Aggressive Buying and selling Charges: LBank fees a aggressive 0.1% maker/taker charge 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 charge construction extra simply.Non-obligatory KYC: The alternate gives KYC, however it’s non-obligatory. You need to use the platform to finish purchase and promote orders, earn free cash, make withdrawals, and discover different merchandise out there 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. Subsequently, there’s no must 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 replica buying and selling function 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 routinely 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. It is a nice solution to spend money on promising tasks for a closely discounted worth and hopefully get excessive returns if the challenge does properly.Excessive Liquidity for Meme Cash: Not like 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 Price Reductions: Not like different exchanges available in the market, LBank doesn’t supply buying and selling charge reductions for holding a local token or greater buying and selling quantity. Spot charges stay fastened 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 splendid for rookies.
Nevertheless, the crypto alternate allows studying via LBank Academy, which is a devoted studying surroundings for merchants who need to perceive blockchain and crypto-related subjects. Apart from the academy, customers can discover solutions to regularly requested questions at LBank’s help middle.
Restricted Assist Channels: LBank offers buyer help through electronic mail and dwell chat. Subsequently, the response instances could be sluggish, particularly for customers who need assistance with extra advanced 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 out there within the US. The alternate doesn’t have regulatory approvals within the US, so US-based customers ought to take into account platforms like Coinbase, Kraken, or Binance.US as an alternative
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 workplaces 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 fees.
LBank Buying and selling Charges
LBank buying and selling charges are aggressive and observe the maker-taker mannequin. For spot buying and selling, it fees 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.
Not like different exchanges, which permit customers to scale back their buying and selling prices by growing their 30-day buying and selling quantity or holding native tokens, the LBank platform doesn’t supply reductions on buying and selling charges regardless that it has a local token, LBK.
LBank Deposit and Withdrawal Charges
LBank deposit and withdrawal charges are totally different relying on the fee methodology. Crypto and fiat foreign money deposit charges (financial institution switch, P2P, and crypto networks) are free. Nevertheless, crypto withdrawal charges differ relying on the coin, blockchain, and community situations.
Here’s a breakdown of the withdrawal charges for numerous cryptocurrencies and fiat withdrawal strategies on LBank Change.
Observe: Withdrawal Charges for fiat currencies differ relying in your fee 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 charge plus a 0.1% each day charge. The alternate takes a special method to leverage buying and selling by offering leverage tokens as an alternative of leverage on tokens.
These leverage tokens perform as derivatives quite than spot buying and selling pairs and are perpetual merchandise, eliminating the chance of liquidation regardless 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 out there 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 greater charges, regardless that they’re beneath the business common.
What are the Greatest Options of LBank?
LBank’s greatest options are its cellular app, the LBank Pockets, copy buying and selling interface and NFT (non-fungible token) market.
LBank Cell App
The LBank cellular app is out there 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 rookies 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 out there 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 function that lets customers stake cryptocurrencies and earn passive revenue. If you wish to buy crypto with fiat currencies, you should utilize a number of fee choices, together with credit score and debit playing cards, financial institution transfers, and third-party fee suppliers.
A number of the key options of the LBank cellular app embrace:
Built-in staking via LBank Earn.Dwell market knowledge, and you’ll set worth alerts for any pair.LBank helps a number of fee 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, anyplace
LBank Pockets
LBank Pockets is a built-in crypto pockets that enables customers to retailer, handle, and switch digital property straight from the platform. It gives each a cold and hot pockets. The pockets is custodial, which means LBank holds the personal keys. This offers comfort but additionally means customers should belief and depend upon the platform for safety.
Apart from the new pockets storage, which offers quick access to consumer property, one other key benefit of the LBank pockets is its safety measures. Funds are primarily saved in chilly wallets to scale back the chance of hacks, whereas the platform additionally employs anti-phishing codes and withdrawal whitelist choices for extra safety.
LBank Copy Buying and selling
LBank Copy Buying and selling is a function that routinely permits rookies and fewer skilled merchants to copy skilled merchants’ trades. This function is designed to assist new merchants make more cash from crypto buying and selling, even when they lack expertise or are too busy to research LBank’s charts.
The buying and selling platform shows key metrics about every dealer, together with their win charge, whole revenue, threat degree, and buying and selling historical past, to assist followers study extra concerning 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, assessment their efficiency historical past and buying and selling methods, and observe them.
As soon as you choose a dealer, their buying and selling methods are routinely 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 may observe a dealer and nonetheless be unable to repeat their trades. To keep away from failed copy trades, guarantee a enough 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 alternate, 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 routinely acquire entry to an NFT account. When you’re a creator, you may submit your NFT for assessment, and as soon as it’s accredited, you may record it on the market. Creators and collectors can discover numerous 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, it is advisable go to the LBank web site or obtain the app, join together with your electronic mail, confirm your identification, allow security measures, deposit funds, and begin buying and selling. Under is a step-by-step information that will help you via 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. You may also register via the cellular app by downloading it from the Google Play Retailer or App Retailer.
Step 2: Register an Account
Enter your electronic mail deal with and create a robust password. When you’ve got one, add your invitation code (referral code), then click on “Log in/Register.” You’ll obtain a verification code through electronic mail, enter it to finish the registration course of.
Professional Tip: Referral codes aid you earn free financial rewards and buying and selling charge reductions on crypto exchanges. Try this crypto sign-up bonus compilation to seek out promo codes for numerous exchanges and get welcome bonuses of as much as $30,000, relying on the alternate.
Step 3: Full Identification Verification and Allow Safety Options
After confirming your account, you may deposit crypto or fiat and begin buying and selling. Nevertheless, you could full the KYC verification course of to unlock full buying and selling options. You are able to do this via the “Official Confirm” web page in your profile and by importing a legitimate government-issued ID (passport, driver’s license, or nationwide ID).
For added account safety, activate two-factor authentication (2FA) utilizing Google Authenticator or SMS verification. Below account settings within the “Safety” part, you may arrange a number of security measures.
Step 4: Deposit Funds
As soon as your account is verified, click on ‘Deposit’ on the prime proper nook and select a supported fee methodology to fund your LBank buying and selling account. Crypto transfers, direct financial institution transfers, and third-party fee 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 middle of your account in case you are utilizing the cellular app. When you use the online 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 seek 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 wish to study extra concerning 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 it is advisable learn about crypto buying and selling and exchanges and how one can begin your cryptocurrency buying and selling journey.
Is LBank Legit and Secure to Commerce Cryptocurrencies?
LBank is a legit cryptocurrency alternate 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 security measures embrace SSL encryption, two issue authentication, chilly pockets storage, an anti-phishing code, an asset password, and an insurance coverage fund.
1. SSL Encryption to Defend Consumer Knowledge and Transactions
Even with the non-obligatory KYC necessities, LBank makes use of SSL encryption to make sure that info transmitted between customers and the buying and selling platform stays personal and safe. Like among the greatest no KYC crypto exchanges, LBank implements different superior safety protocols to guard its methods 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 attenuate the chance of hacks, LBank shops most customers’ funds in chilly wallets, offline storage methods not related to the web. This reduces the possibilities of cyberattacks, as hackers can not entry these funds remotely. Just a few property are saved in scorching 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 obtained from LBank include a novel identifier set by the consumer. 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 need to enter each 2 hours throughout spot buying and selling to confirm their identification. This signifies that if somebody makes use of your system to entry your account or in any other case, LBank will forestall them from redirecting your funds since they’ll’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 function, any try to attach from unauthorized IPs shall 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 consumer 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 standard insurance coverage fund, apart from BTC/USDT and ETH/USDT, which have their personal separate funds.
