LBank Review 2025

LBank is a versatile, centralized crypto exchange with 6 user levels [Basic, A, B, C, D, E]. This platform offers various services, such as staking, grid trading, and copy trading.

Several security measures, including regular audits, 2-factor authentication, address whitelisting, and more, are taken by the exchange. CoinGecko website has given a 7/10 score to LBank.

LBank; Company Information + Regulation

LBank, established in 2015, has quickly risen to prominence in the cryptocurrency exchange landscape. The company has licenses from NFA, VASP, MSB, and Canada MSB. It has set up offices in 7 different regions of the world:

• Indonesia: PT LBK TEKNOLOGY INDONESIA
• BVI: LBK BLOCKCHAIN CO. LIMITED
• US: LBK EXCHANGE LIMITED
• Canada: LBK EXCHANGE LIMITED
• Australia: LBK.INFO PTY. LTD
• Lithuania: UAB LBANK EXCHANGE
• UAE: LBK BLOCKCHAIN CO FZCO

The operating office of the company is located in Indonesia. Although LBank claims to have launched in 2015 or 2016, independent checks reveal that its domain and Twitter account were only registered in September 2017.

Additionally, public trading data does not appear before that date, raising concerns about inconsistencies in its reported launch timeline.

An Introduction to the LBank CEO

Allen Wei, the CEO and founder of LBank, is a visionary IT developer with a deep passion for blockchain technology. Since launching the exchange in 2015, he has played a pivotal role in expanding LBank’s global footprint.

With a strong background in development and crypto innovation, Allen continues to lead initiatives that promote community engagement, platform security, and global accessibility—solidifying LBank’s reputation as a user-focused crypto exchange.

You can contact him through this link:

• Allen Wei Crunchbase

LBank Features Summary

Each exchange has some common specifics with different parameters. Here's a summary of the key features available on LBank based on our exchange review methodology:

LBank Advantages and Disadvantages

To provide a balanced perspective, let's examine the pros and cons of using LBank as your cryptocurrency exchange:

LBank User Levels Specifications

This exchange employs a tiered user level for withdrawal limits, which is determined by the level of account verification.User Levels on LBank:

Fees and Commissions on LBank

LBank offers a competitive and straightforward fee structure designed to attract traders of all levels. In the table below, we discuss the trading costs on LBank:

Regarding deposit fees, the exchange does not charge clients any costs for deposits. However, there are withdrawal commissions, varying based on the network and crypto.

LBank Coins and Tokens: What Can You Trade On It?

LBank boasts an impressive selection of digital assets. This variety helps meeting the needs for a wide range of investors. Key points include:

• Over 700 cryptocurrencies and digital tokens available;
• Support for popular coins like Bitcoin [BTC], Ethereum [ETH], and Litecoin [LTC];
• Trading pairs with nearly 200 fiat currencies;
• Derivative products offering on 100+ cryptocurrencies;
• NFT marketplace for digital collectibles.

Futures and Margin Trading on LBank Exchange: Main Specifics

The exchange offers futures trading options, providing traders with opportunities to amplify their potential profits. Futures Main Specifics on LBank:

• Leverage up to 125x available;
• Uses maintenance margin as collateral;
• 5 USDT minimum notional value for each order;
• Allows for long and short positions.

Unfortunately, this platform does not currently offer any services for margin trading.

Registration and Verification on LBank: Complete Guide

LBank Reistration, a leading cryptocurrency exchange, takes just a couple of steps. With quick email verification and no need for document uploads, users can begin trading in under 4 minutes.

#1 Create Your LBank Account

Go to the official LBank sign-up page. Enter your email address and a strong password, then hit "Log In / Register" to proceed.

#2 Verify Your Email in LBank

Check your inbox for a 6-digit verification code sent by LBank.

Enter the code in the confirmation field, and you'll be instantly redirected to your personal dashboard.

#3 Accessing the Verification Menu

Log in to your profile, click the avatar, and choose “Identity not verified”. Select your issuing country and ID type before continuing.

#4 Uploading Your ID Document

Provide clear images of both sides of your chosen ID (Passport, ID Card, Driving License, or Residence Permit). Formats up to 50MB in JPG, PNG, PDF, HEIC, or WEBP are accepted.

#5 Completing Selfie and Face Scan

Upload a selfie that meets photo guidelines, then scan the on-screen QR code with the LBank mobile app to finish your biometric check.

Confirmation status appears under the Security section.

How to Trade Spot on LBank

To start spot trading on LBank’s web interface, sign in to your account on the exchange's website and open the Spot Trading section from the main Trade menu.

If you want to buy a specific asset, use the search bar to locate the trading pair. Select your preferred order type—Limit, Market, or Trigger—and set the trade amount.

Before executing, review the summary window that appears; confirm the order to complete your purchase or cancel if adjustments are needed. Completed transactions, including buy orders, are always displayed in the order history panel under the price chart.

Selling follows the same workflow. Switch the panel to Sell, input the quantity, and confirm through the pop-up window. Once validated, your sell order is executed and automatically recorded in the order history for reference.

An Introduction to the LBank Cabinet

The LBank Cabinet is the user’s personal dashboard that centralizes all key account functions.

From here, traders can manage security settings, review withdrawal limits, track login history, and access verification details. It serves as the control center for customizing account safety, monitoring device activity, and enabling protective tools like anti-phishing codes or withdrawal whitelists.

With its intuitive layout, the Cabinet ensures that every user has a clear overview of their account status, helping them strengthen protection levels, manage API connections, and stay in full control of their trading environment on LBank.

Available Platforms and Applications

LBank, similar to most of the typical exchanges, offers a proprietary platform for traders. The platform's specifications:

• Early access to new coin or token projects;
• Rewards in the form of airdrops for users;
• Copy trading service available;
• Online customer support;
• Access to trading activities.

Apps Download Links:

LBank 3-Month Trading Volume Overview

Over the past three months, LBank’s exchange trade volume has shown strong activity, with fluctuations ranging between $2B and $10B.

July marked the most dynamic period, peaking at nearly $9B, followed by consistent growth in August with several spikes above $6B.

This trend highlights increased liquidity and active participation on the platform, reflecting LBank’s solid position among global exchanges.

LBank Services Overview

To give users a quick overview of LBank’s capabilities, the table below highlights the platform’s main services and their availability:

LBank Security & Safety Measures

This exchange provides proof of reserves documents to help users build trust in it. Other security factors include:

• Two-factor authentication (2FA) for account logins
• SSL encryption for all data transmissions
• Usage of both hot and cold storage for user funds
• Regular security audits and penetration testing
• Withdrawal address whitelisting for specific wallets
• Device management for account access control

LBank reflects several critical gaps, including only moderate password strength requirements and weak protections via an outdated Web Application Firewall (ModSecurity).

Security Rankings

LBank maintains a solid security posture, holding a CertiK Skynet Score of 83/100, ranking #21 among exchanges.

The LBank CertiK profile demonstrates strong performance in key areas such as Operational (88.96), Market (93.83), Cybersecurity (83.12), and Listing Security (85.27). Although its Fundamental score (65.46) is lower compared to other segments, the exchange remains relatively well-balanced in security measures.

On the LBank CER security scale, the platform holds a BBB rating with a 78/100 score, backed by high marks in Server Security (95/100), User Security (87/100), Penetration Testing (100/100), and Bug Bounty programs (100/100). However, it does not currently comply with ISO 27001 or CCSS certifications.

The exchange’s ongoing bug bounty program (via Bugrap with rewards up to $2,000) and funds insurance coverage further reinforce user protection. While no major security incidents were reported in the last 90 days, the lack of a proof-of-reserves audit remains a critical point to monitor.

The table below summarizes the rankings altogether:

What Options and Tools Do You Have for Payments?

LBank supports various payment methods for buying/selling assets and deposits/withdrawals. Payment Options on LBank:

• Cryptocurrency deposits and withdrawals
• Bank transfers for fiat currencies and purchases (limited availability)
• Credit/debit card (VISA, MasterCard) for buying/selling crypto
• Digital wallets such as Apple Pay, Google Pay, and Samsung Pay

LBank does not support direct fiat-to-crypto trading on spot markets. However, it allows crypto purchases using Chinese Yuan (CNY) and US Dollar (USD) through peer-to-peer (OTC) functionality.

Supported payment methods for fiat transactions include bank cards, Alipay, and WeChat Pay. Overall, there are more than 200 methods for payments on the platform.

LBank VISA & MasterCard Deposits

LBank Visa/MasterCard deposits start at just $10. Users can top up their accounts in under 10 minutes using the One-Click Buy option. The 8-step process includes selecting your preferred bank card, entering payment details (card number, CVV2, expiry date), and verifying via SMS.

Supported providers like Unlimit and Transak ensure secure channels. A $1 service fee and $0.23 network fee apply. Users must complete identity verification, including a valid ID and 3D selfie, to activate card payments.

Cards can also be saved for future use. Once confirmed, deposits appear instantly in the LBank wallet, with transaction details trackable under the "Deposit" tab.

LBank BTC Withdrawal Guide

Traders can cash out a minimum of 0.0001 BTC through a simple 2-step process. First, activate Google Authenticator 2FA in the security settings, then access the Withdraw panel from the wallet menu.

After selecting BTC as the currency and network, paste the destination address, enter the transfer amount, and confirm. Final verification requires both email code and Google Authenticator before submission.

Once completed, the payout can be tracked in the BTC Withdrawal Records section. On-chain transfers typically take less than 10 minutes, though fees may reach $22 depending on network congestion.

Alternatively, users can choose Internal Transfer for UID-based transactions for LBank BTC withdrawals. This streamlined process ensures reliable BTC fund movement while maintaining strict security standards.

LBank Trust Scores and Evaluations by Users and Experts

Scores and ratings on reputable websites such as CoinGecko could affect our decisions in selecting an exchange. Scores of LBank on relevant websites are both positive and negative. Trust Scores:

• Trustpilot: 1,7 out of 5, more than 150 user reviews
• CoinGecko: 7 out of 10, based on the website's rating algorithm

It appears that users don't trust this exchange, but reviewers consider it a reliable one.

LBank Features

Let's take a look at the availability of various options in the platform; LBank Features:

LBank Bonuses Review

The exchange currently has three promotional offers available for traders with various conditions and details. The table below summarizes them all:

50% Bonus

LBank is giving new users an exclusive chance to maximize their first futures deposit with a 50% bonus plus extra rewards. The event includes three main tasks with structured payouts, valid only within the campaign period.

Event 1: KYC Bonus

Complete KYC after registration and receive 10 USDT futures bonus. This offer is available only to the first 200 users who complete verification. The reward is valid for 3 days.

Event 2: First Transfer 50% Bonus

On your first futures deposit, you’ll receive a 50% reward, distributed evenly over 5 days.

Example:

• Depositing 100 USDT comes with a 50 USDT Bonus (10 USDT daily)
• A 200 USDT deposit comes with a 100 USDT Bonus (20 USDT daily)
• Depositing 500 USDT comes with a 250 USDT Bonus (50 USDT daily)

Each daily portion is valid for 24 hours only and expires if unused. Withdrawals during the collection period cancel eligibility for remaining rewards.

Event 3: Futures Trading Master Challenge

Trade futures and unlock tiered rewards based on cumulative trading volume.

Rewards are non-stackable and valid for 7 days.

Important Notes

• Only newly invited users in eligible regions can participate;
• Rewards cannot be combined with other promotions;
• Only futures trading counts (spot and fiat excluded);
• Abuse, wash trading, or fraudulent activity will result in disqualification;
• LBank reserves the right of final interpretation.

200% First-Deposit Bonus

New users can unlock up to 2,000 USDT futures bonus with LBank’s limited-time 200% first-deposit offer. Simply make your first deposit during the event to secure your tier:

• Deposit 200 USDT, receive 400 USDT bonus (daily task: spot ≥ 50 USDT or futures ≥ 500 USDT)
• Deposit 500 USDT, receive 1,000 USDT bonus (daily task: spot ≥ 100 USDT or futures ≥ 1,500 USDT)
• Deposit 1,000 USDT, receive 2,000 USDT bonus (daily task: spot ≥ 200 USDT or futures ≥ 2,500 USDT)

Bonuses unlock over 10 days, with 10% released daily upon completing tasks. Failure to complete a task cancels that day’s reward, and any withdrawal ends the bonus immediately.

The bonus is valid for 14 days, non-stackable with other promotions, and limited to eligible new users in supported regions. Abuse or fraudulent activity will result in disqualification.

20% Deposit Bonus + Extra Rewards

LBank invites new users to claim a 20% deposit bonus along with extra rewards through three exclusive events.

Bonuses are valid between 3–7 days, non-combinable with other campaigns, and subject to strict eligibility checks. Fraudulent behavior leads to disqualification.

The following sections go through each event.

Event 1: KYC Bonus

Complete KYC after registration and receive a 10 USDT futures bonus. Available only for the first 200 verified users, valid for 3 days.

Event 2: Deposit Rewards

• Deposit 100 USDT to receive a 20 USDT bonus
• Deposit 200 USDT to receive a 40 USDT bonus
• Deposit 500 USDT to receive a 100 USDT bonus
• Deposit 1,000 USDT to receive a 200 USDT bonus

Rewards are distributed weekly.

Event 3: Trading Volume Challenge

• 10,000 USDT trading volume gives 5 USDT
• 50,000 USDT gives 10 USDT
• 100,000 USDT gives 20 USDT
• 300,000 USDT gives 60 USDT
• 500,000 USDT gives 100 USDT
• 750,000 USDT gives 150 USDT
• 1,000,000 USDT gives 200 USDT

LBank Support: Opening Hours and Contact Channels

Customer services section plays a vital role in a crypto exchange. LBank Customer Support:

• Live Chat: on the official website
• Email Support: service@lbank.com
• Ticket System: Available through the user dashboard
• Support Center: Offers a comprehensive resource for frequently asked questions with answers

Response times may vary depending on the nature of the inquiry and the current support queue. Their team is ready to answer your questions 24/7.

Does LBank Offer Copy Trading Services and Investment Options?

Copy trading allows a user to replicate a professional trader's strategies and signals automatically. The mentioned exchange offers a service for this purpose, available on both spot and futures trading.

Also, it offers a platform for staking assets and earning passive income over time. This option is available in "Flexible" and "Locked" forms.

In a flexible plan, withdrawing assets is possible at any time without any penalties.

In locked, the crypto is locked for a fixed time, but with a significantly higher interest rate than flexible staking.

LBank Restricted Countries List

The company does not offer services to the people in certain countries due to regulatory restrictions. The list of restricted countries includes:

• United States
• Mainland China
• Iraq
• Syria
• Sudan
• North Korea
• Cuba

Users from these countries are not permitted to use LBank's services, even with a VPN, as it would violate the exchange's terms of service and potentially lead to account termination.

LBank Comparison Table

Let's examine the differences between LBank features and those of well-known exchanges; LBank Comparison:

Writer's opinion and conclusion

LBank is a global crypto exchange operating for 10 years in the industry, with attractive features such as futures trading, leverage up to 125x, and the availability of over 700 cryptocurrencies.

However, people from some countries are prohibited from using their services. Also, the trust score on Trustpilot is 1.7 out of 5, based on +150 reviews.