Chinese, English, Korean
Fees. The costs of trading at LBank are relatively low, especially in comparison with other leading cryptocurrency exchanges. Both the maker and taker fees are grouped together in a flat fee of 0.10% per...
Fees. The costs of trading at LBank are relatively low, especially in comparison with other leading cryptocurrency exchanges. Both the maker and taker fees are grouped together in a flat fee of 0.10% per trade. The is very low considering most leading exchanges charge at least 0.20% – 0.25% per trade.
Credit card (VISA/Mastercard)
Bitcoin, Ethereum, Ethereum Classic, Litecoin
Chinese Renminbi Yuan, United States Dollar
Credit card (VISA/Mastercard)
LBB is a quite popular and recognizable cryptocurrency market, which supports quite a large number of cryptocurrencies, such as BTC, QTUM, ZEC, ETH, and VEN. As you will probably see quickly, the company focuses its services on the Asian market, especially in China, although it is also open to players from other parts of the world, which is even indicated by the flawlessly prepared platform in English. The site is very transparent and prepared in an elegant and sophisticated style. The graphic design is wrapped in different types of eye-catching elements and combines a large number of functions, despite being simple.
From the main menu, we can choose the contact with the platform, go to the tab with announcements or check the "Activities" tab, where the most important news related to the LBAS exchange is listed.
It is important to look here at the fees applicable on the platform. A commission equal to 0.1% of the amount processed is imposed for each transaction carried out on the exchange.
Deposits are free, and in the case of withdrawals, the value of the fee depends on various factors - mainly cryptocurrencies we use.
Similarly to many other cryptoclicky stock exchanges, Lbank has its original platform which looks extraordinary. We can also find here advanced tools designed for more experienced traders for technical analysis, such as MACD, RSI, CCI, and KDJ. The WSE provides its players with various types of charts, with the help of which we can check the volume of all transactions in the last 24 hours or another period of time for many different currency pairs. Due to the transparency and great composition of various elements, LBank is a good choice for beginners, who should not have any problems with its service, and those more advanced looking for a platform that meets the requirements in terms of offered features.
Lbank is a stock exchange that is also distinguished by a wide range of supported cryptocurrencies. We find here many different accepted cryptocurrencies aside from the new ones that are added on a regular basis. We can make transactions here using such cryptocurrencies as Bitcoin, Ethereum, Litecoin, Zcash, Qtum, Ethereum Classic and less popular solutions, such as WhiteCoin.
The stock market is very popular. LBank ranks 7th amongst cryptomarket exchanges in terms of volume in the last 24 hours of trading at the time of review. This also directly translates into high liquidity, as in the case of virtually every currency pair, a sufficiently large number of transactions are made.
How quickly we see, there is also a mobile app available for both iOS and Android. Nowadays, many people use smartphones to view news from the world of cryptocurrencies and trading itself. The application was prepared well and does not limit capabilities compared to the Internet platform. The application is also really clear and responsive.
Another important issue when assessing crypto exchange is the security aspect. Is Lbank exchange safe?
When it comes to security, the stock market has never been hacked, or anything related to it. Secured by SSL protocol, users have the option of establishing two-factor verification, and funds are stored outside the server.
As mentioned, players are also disappointed with the insufficient quality of customer service. While users from Asia do not have more problems, the stock exchange definitely "blends" people from other parts of the world and employs too few employees fluent in English, which can be quite problematic. Users from China can contact the exchange staff even via WeChat, while for the rest of the world the contact possibilities have been quite significantly curtailed.
It can be summarized that LBank is quite a good place to bid, having its own interesting features. But focusing on the Asian market could scare Russian investors due to some feedback on the exchange.