LBank

I have been trading on LBank for a long time. Initially, this exchange was focused only on traders from Asia, but later it started working with the rest of the world. I registered here in 2018 and now I am trading on several other platforms simultaneously. LBank can be criticized for its outdated interface, poor translation into Russian, and other shortcomings, but one cannot overlook its reliability. In 4 years of trading, I have never encountered attempts at fraud, illegal deductions from my account, or issues with withdrawals. Even in the current tense situation, the exchange continues to allow trading, topping up balances, and withdrawing profits.

Date of experience: июн 18, 2024

The exchange offers everything necessary for trading. Here, you can quickly exchange cryptocurrency, purchase it with a card or directly from other users, engage in trading both spot and derivatives (such as ETFs and futures), as well as earn on cryptocurrency and much more. Overall, the functionality is very broad. The spot market features several hundred pairs, and the trading volumes for major pairs (like BTC/USDT, ETH/USDT, etc.) are quite high, which positively affects liquidity. For convenience, the markets are divided into categories – for example, BTC, ETH, altcoins, and others. On the spot terminal, you can open various types of orders (limit, market, and stop-limit), as well as trade with a grid. The terminal is very efficient, orders are processed in fractions of a second and either enter the order book or are executed. The exchange also has its own token, LBK, which is based on the Ethereum blockchain and has a limited issuance of 2 billion units. I previously managed to earn well from staking this token, but now I try to avoid such assets due to market instability.

Date of experience: мар 29, 2025

I traded on this platform in 2020-2021 and then decided to switch to another exchange. The main reason for my departure was the inconvenient interface and poor Russian localization. A few months ago, I returned here, considering the reactions of other exchanges to global events, but I had already withdrawn most of my assets. I don't have any major complaints, aside from the ones mentioned above (these issues haven't been resolved in a year). The exchange offers all the necessary tools for trading cryptocurrency. Futures, staking, the ability to buy with a card, and other features are great, but I don't really need them. There are many directions, and for most of them, liquidity is at a good level. You can place various types of orders, set triggers for price activation, and analyze price movements on charts using indicators and other technical analysis tools. The trading fee is 0.1% of the transaction amount. Currently, the market average is in the range of 0.2-0.25%, and it drops to 0.1% either upon reaching a certain turnover or only for liquidity providers. Here, the rate is 0.1% even for takers.

Date of experience: апр 03, 2025

Overall, I have a positive attitude towards the LBank exchange. If I evaluate it as a platform for trading cryptocurrencies, the functionality works quite well. Moreover, it offers various additional features, such as tools for quick token purchases and passive income, which are especially popular on exchanges right now. However, there are also a few shortcomings that disappoint me. For example: - Horrible localization. Although the exchange has a Russian version, its translation is no better than Google’s automatic translation. Some elements and pages are not translated at all; - Inconvenient interface. The screen is cluttered with unnecessary information, which sometimes causes pages to load slowly (especially problematic if you have weak hardware or slow internet, making trading almost impossible). Nevertheless, I find the terminal quite simple and understandable. - Poor app. This stems from the previous point. Having an app for Android and iOS is definitely a plus. But trading through it is not very convenient. Therefore, I don't think the exchange is suitable for beginners. For experienced traders, it’s quite fine. Even without knowledge of English, one can intuitively figure out how to trade. Beginners would be better off choosing a more user-friendly platform. However, in terms of trading, everything is excellent here. There are many supported tokens and directions (numerous markets), different types of orders, additional trading tools, and so on. At the same time, the fees are very low.

Date of experience: май 06, 2024

A good cryptocurrency exchange. Although it doesn't make the TOP-10, it confidently holds positions in the 20-30 range. As of now, I checked – it's in 23rd place by trading volume. In my opinion, a turnover of $1.8 billion looks impressive. Among the pros, I can highlight: 1) A wide selection of assets, including rare altcoins. 2) Low fees – 0.1% for both makers and takers. There are no requirements to meet personal trading volume conditions. 3) A mobile app that fully replicates the functionality of the web version. Trading is just as convenient as on a computer. 4) Additional features – derivatives trading, staking, and more. My trading experience on LBank has been positive. I quickly completed registration, verification took only a day (although, as I understood, it's not mandatory for trading, but it opens access to some features), and I quickly mastered all the possibilities. Placing orders is very easy, even a beginner can handle it. And if you have experience trading on other exchanges, it will be even simpler. Depositing and withdrawing cryptocurrencies goes smoothly without any issues.

Date of experience: дек 30, 2024

I transferred $1370 from the crypto exchange Benance, and the money disappeared. Customer support is unresponsive; I write to them daily - no reply, no acknowledgment. A friend of mine worked on this platform for a month, and when he tried to withdraw $3000, he was blocked under the pretext of "risk control." There's no Russian language support. Scammers...

Date of experience: июн 07, 2025