LBank

Exchange #9
$ 1.84B
Volume

Coin listings

All coin listings
# Coins Price 24h volume
1
Tether USD USDT
$ 1.00
$ 2.30B
$ 2.30 billion Trade
2
Bitcoin BTC
$ 106,634.07
$ 412.02M
$ 412.02 million Trade
3
Ethereum ETH
$ 2,443.04
$ 193.95M
$ 193.95 million Trade
4
USDC USDC
$ 1.000
$ 170.67M
$ 170.67 million Trade
5
Solana SOL
$ 149.03
$ 135.60M
$ 135.60 million Trade
All coins

New coin listings

Coins Price Added
TRWA TRWA
$ 0.00480
15 hours ago
15h
Trade
GridiumAI GRDM
$ 0.00604
16 hours ago
16h
Trade
W W
$ 0.0476
16 hours ago
16h
Trade
Solana Index Fund SIF
$ 0.000587
22 hours ago
22h
Trade
KAANCH NETWORK KNCH
$ 0.613
2 days ago
2d
Trade
All new coins

Markets

Markets Price 24h volume
BTC / USDT LBank
$ 106,630.79
$ 347.43M
$ 347.43 million Trade
ETH / USDT LBank
$ 2,442.96
$ 170.41M
$ 170.41 million Trade
SOL / USDT LBank
$ 149.03
$ 128.60M
$ 128.60 million Trade
XRP / USDT LBank
$ 2.19
$ 78.66M
$ 78.66 million Trade
USDC / USDT LBank
$ 1.000
$ 73.33M
$ 73.33 million Trade
All markets

About LBank

LBank, founded in 2015 (often attributed to Eric He, with Allen Wei later becoming CEO), is a global cryptocurrency platform registered in the British Virgin Islands and operationally based in Hong Kong. The exchange says it serves 15 million + users across 210 countries and has posted peak daily spot volumes of around US $4 billion (Q1 2025). LBank markets itself as a launchpad for early-stage tokens and a “community-first” trading venue.

Key Features

  • Huge asset roster — supports 800 + cryptocurrencies and 1 000 + trading pairs, with especially fast listings for new or trending tokens.
  • Competitive fees — flat 0.10 % maker/taker on spot; futures typically 0.02 % maker / 0.06 % taker. No deposit fees; withdrawals are network-fee only.
  • High-leverage derivatives — USDT-margined perpetual contracts offering up to 125× leverage, backed by a dedicated risk-protection fund.
  • Copy-trading suite — one-click replication of top traders’ strategies and public leaderboards for transparency.
  • Earn & staking — flexible staking pools, Launchpool campaigns, and advertised yields up to 30 % APY on select assets.
  • Pre-listing price-protection — an internal mechanism that guarantees up to 90 % of the listing price for newly listed coins.
  • Optional KYC — basic trading and modest withdrawals are available without ID verification (higher tiers require KYC).
  • Security posture — multi-layer cold storage, address-whitelisting, 2FA, and real-time monitoring that claims to have blocked thousands of suspicious activities in 2025.

Points to Consider

  • Regulatory status — operates offshore without major tier-1 licences and has no third-party proof-of-reserves audit.
  • Region blocks — unavailable to users in the U.S., mainland China, Iran, Iraq, Syria, Sudan, North Korea, Cuba, and other sanctioned jurisdictions.
  • Governance changes — founder Eric He reportedly stepped back in 2024 after internal leadership disputes, raising transparency questions.
  • Altcoin focus & depth — excels in meme-coin and micro-cap liquidity, but depth on large-cap pairs often trails tier-1 exchanges.
  • High-risk leverage — 125× futures magnify both gains and losses; suitable only for experienced traders.
  • Security incidents — smaller hot-wallet exploits have been reported (e.g., a multi-million-dollar loss in late 2022, reimbursed), underscoring the need for cautious sizing.

Bottom Line

LBank delivers a vast coin catalogue, rapid token listings, high-yield staking, and copy-trading—making it attractive for altcoin hunters and social-trading enthusiasts comfortable with offshore venues. However, its non-KYC option, limited regulation, past leadership turbulence, and high-risk leverage warrant prudent position sizing and the use of self-custody solutions for large balances.