Trading on LBank

Running since 2015, with early listing as its signature: new coins often appear here before the large venues.

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What LBank is

LBank has been on the market since 2015 — ten unbroken years — registered in the British Virgin Islands, with LBK as its own token. By age it is one of the senior venues in this review.

Its signature trait is early listing. New coins often appear here before the large exchanges, and for anyone hunting fresh projects that is the main argument.

What you get here

Spot — a wide listing, including very young projects.

Futures — over eight hundred perpetual contracts, with funding rates published for all of them.

P2P — around fifty currencies, with more offers on some routes than neighbours of the same size.

Earn — savings and staking.

Launchpad — new token launches.

LBK token — fee discounts.

LBank perpetual contract: funding rate and the countdown to the next settlement
LBank perpetual contract: funding rate and the countdown to the next settlement

Fees

Spot fees are in the tenths of a percent, falling with volume and with LBK. Check current numbers in your account: the exchange keeps them in its help section.

P2P

The section lives at a /crypto/buy style address. LBank rates flow into our P2P pages automatically, with no keys and no access to your accounts. Before a deal, as anywhere, glance at the merchant completion rate — on any venue that is the first thing experienced people check.

P2P on LBank: offers, limits and merchant statistics
P2P on LBank: offers, limits and merchant statistics

Who it suits

People looking for coins early and wanting to be there at listing. Futures traders following funding. And anyone who needs P2P with a wide set of currencies.

Frequently asked

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.
Where is P2P on LBank?
At a path like /crypto/buy. It covers around fifty currencies, and the ads flow into our rates and routes sections automatically.
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.
How old is LBank?
It has run since 2015, one of the elder venues in our coverage, registered in the British Virgin Islands with LBK as its token.
Why look at LBank when the large exchanges exist?
For early listings of small coins, which often appear here first. The trade-off is a thin book, so entering with size is risky.
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.
Why can’t I withdraw coins bought on P2P right away?
The exchange holds them for twenty-four hours after the order completes, protecting against payment reversal. The clock starts when the order closes. For arbitrage that is decisive: the spread will be gone within a day.
Why are LBank prices missing from spot arbitrage?
Because it serves its order book one symbol per request, and a spread computed from last-trade prices is not one you can fill. LBank is present in funding, P2P and the crypto-rally section.

Official sources

The exchange’s own pages — check there if our figures ever disagree with its.

Exchange comparisons

MEXC or LBankBoth live off coins the top three do not yet carry. A look at how they differ from each other.Binance vs LBankWhere the book is deeper, new coins arrive later: Binance wins on volume, LBank on getting fresh tickers first.Bybit vs LBankLBank collects new coins, Bybit collects leverage and contracts. Different jobs, usually done on different venues.OKX vs LBankLBank wins on the breadth of the list, OKX on the services around trading. People often keep both and switch by task.Bitget vs LBankFor a rare coin go to LBank; for bots and earn go to Bitget. They overlap less than it looks.Gate vs LBankTwo hunters for new listings. The lists overlap, so what matters is the withdrawal fee and who added the ticker first.KuCoin vs LBankFor a rare coin go to LBank; for bots and earn go to KuCoin. They overlap less than it looks.HTX vs LBankLBank wins on the breadth of the list, HTX on the services around trading. People often keep both and switch by task.BingX vs LBankLBank collects new coins, BingX collects leverage and contracts. Different jobs, usually done on different venues.WEEX vs LBankYou go to LBank for new listings and to WEEX for leverage. Picking one is rarely necessary — people keep both.Toobit vs LBankYou go to LBank for new listings and to Toobit for leverage. Picking one is rarely necessary — people keep both.LBank vs KrakenThousands of coins on LBank against direct fiat on Kraken. A pair of venues beats picking one.LBank vs WhiteBITThousands of coins on LBank against direct fiat on WhiteBIT. A pair of venues beats picking one.LBank vs PhemexYou go to LBank for new listings and to Phemex for leverage. Picking one is rarely necessary — people keep both.LBank vs XT.comLBank wins on the breadth of the list, XT.com on the services around trading. People often keep both and switch by task.LBank vs KCEXFor a rare coin go to LBank; for bots and earn go to KCEX. They overlap less than it looks.LBank vs OurbitFor a rare coin go to LBank; for bots and earn go to Ourbit. They overlap less than it looks.LBank vs BigONELBank wins on the breadth of the list, BigONE on the services around trading. People often keep both and switch by task.LBank vs Crypto.comLBank wins on the breadth of the list, Crypto.com on the services around trading. People often keep both and switch by task.LBank vs HotcoinLBank wins on the breadth of the list, Hotcoin on the services around trading. People often keep both and switch by task.LBank vs PionexFor a rare coin go to LBank; for bots and earn go to Pionex. They overlap less than it looks.LBank vs HIBTFor a rare coin go to LBank; for bots and earn go to HIBT. They overlap less than it looks.LBank vs ZoomexLBank wins on the breadth of the list, Zoomex on the services around trading. People often keep both and switch by task.LBank vs xRocketLBank wins on the breadth of the list, xRocket on the services around trading. People often keep both and switch by task.

Other exchanges

Trading on Kraken

One of the oldest exchanges in the world and one of the few quoting in real bank dollars rather than a stablecoin. Here is who it suits.

How to trade on WhiteBIT

A European exchange with Ukrainian roots and the widest set of euro and hryvnia pairs we cover. Here is who benefits from it.

How to trade on Phemex

A derivatives venue founded by bank derivatives traders: a fast engine, a tidy listing and an exact funding interval per contract.

XT.com review

A broad-coverage venue with early listings and probably the most detailed withdrawal-network directory in this comparison.