LBank
KCEXIn short: the difference
LBank is an early-listing venue. On the market since 2015, jurisdiction: British Virgin Islands, its own LBK token.
KCEX is an exchange that covers several jobs at once. On the market since 2021, jurisdiction: Seychelles.
What LBank gives you
Compared with an ecosystem, LBank leans on its own strengths: One of the elder Asian venues, running since 2015. Eight hundred and thirty perpetuals and a broad P2P across dozens of currencies — stronger than many of its contemporaries on both counts. There is savings, staking and its own LBK token. The exchange is known for early listings: new coins land here before the majors.
Strong sides: 830 perpetuals, a broad P2P, early listings, running since 2015.
What KCEX gives you
Early listings are not the only argument; KCEX answers with its own: Over eight hundred perpetuals is what KCEX carries, every one of them publishing a funding rate and a mark price, with spot adding another eight hundred and fifty pairs. The pitch is straightforward: nothing per spot trade and modest rates on derivatives. Copy trading and launches sit on top, and turnover gathers in the top hundred pairs.
Strong sides: 800+ contracts with open rates and mark prices, zero spot fees per the venue’s own schedule, early listings.
What decides it
- Age. LBank has run since 2015, KCEX since 2021 — a gap of 6 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
- Jurisdiction. LBank sits in British Virgin Islands, KCEX in Seychelles. It shapes both the checks you pass and what the venue has to disclose.
- Native token. LBK on LBank cuts fees and opens launches; KCEX has no such lever.
- Strengths side by side. LBank: 830 perpetuals, a broad P2P, early listings, running since 2015; KCEX: 800+ contracts with open rates and mark prices, zero spot fees per the venue’s own schedule, early listings.
- Which job. LBank is for funding, P2P and finding fresh coins, while KCEX is primarily as a futures venue in funding.
- Worth remembering. LBank: we do not show it in cross-exchange spot arbitrage: it serves its book one pair per request. KCEX: spot books are served one pair per request, so we keep the top hundred by turnover under watch.
Which one fits you
LBank — for funding, P2P and finding fresh coins.
KCEX — primarily as a futures venue in funding.
What people ask most
LBank: Why is LBank absent from your cross-exchange spot arbitrage? It serves its order book one symbol per request — every pair would take over a thousand calls per cycle. And the last-trade price it does serve as a list is not a price you can buy at, so spreads derived from it would be fictional.
LBank: How do I fund an LBank account? Through the deposit section of your account: pick the coin and network and send to the address shown. Some coins have several networks, each with its own address — sending on the wrong one means losing the funds.
LBank: Does LBank appear in your futures sections? Yes. It has over eight hundred perpetuals and publishes funding for all of them, so LBank takes part in our funding section on equal footing.
KCEX: How many contracts and pairs does KCEX have? By our measurements over eight hundred perpetual contracts and around eight hundred and fifty spot pairs. The figures are live — they come from the exchange’s own directory on every refresh.
KCEX: Does KCEX take part in funding? Yes, in full. Every contract arrives in one list with its rate, accrual interval and next payout time, so the annualised rate is computed from the real interval rather than an assumption.
KCEX: What are KCEX fees? The venue advertises zero spot fees and reduced futures rates. In our tables the fee is yours to set in the «trade fee» field — put in zero and watch how the net spread changes.
Both at once
Most people end up keeping both: one for daily trades, the other for what the first one lacks. A rare coin is bought where it exists and moved to the ecosystem — easier to hold, stake or sell into a deeper book there.
Live numbers
Everything in the table above is recomputed together with the rest of the site — pairs, contracts, P2P, networks and the withdrawal fee. LBank and KCEX can be compared on facts rather than promises.
What the numbers say
P2P data comes from LBank only — 89 currencies. In derivatives there is no gap — around 833 contracts on both. The USDT withdrawal cost is absent from open data for both LBank and KCEX. That is their disclosure choice rather than a gap in our collection: neither reference carries a fee field at all.
Snapshot from 31 October 2026; on the page the figures refresh on every visit.
