LBank

Exchange #8
$ 4.82B
Volume

Coin listings

All coin listings
# Coins Price Trading volume
1
Tether USD USDT
$ 1.00
$ 5.37B
$ 5.37 billion Trade
2
Bitcoin BTC
$ 118,998.13
$ 812.04M
$ 812.04 million Trade
3
Solana SOL
$ 198.60
$ 597.22M
$ 597.22 million Trade
4
Ethereum ETH
$ 3,691.34
$ 433.91M
$ 433.91 million Trade
5
XRP XRP
$ 3.50
$ 359.47M
$ 359.47 million Trade
All coins

New coin listings

Coins Price Listing
Mind of Pepe MIND
$ 0.000496
2 days ago
2d
Trade
Circle tokenized stock (xStock) CRCLX
$ 207.73
2 days ago
2d
Trade
MicroStrategy tokenized stock (xStock) MSTRX
$ 425.57
2 days ago
2d
Trade
Yooldo Games ESPORTS
$ 0.0595
4 days ago
4d
Trade
wechat doge 旺柴
$ 0.00852
4 days ago
4d
Trade
All new coins

Markets

Markets Price 24h volume
BTC / USDT LBank
$ 118,990.31
$ 709.88M
$ 709.88 million Trade
SOL / USDT LBank
$ 198.59
$ 567.13M
$ 567.13 million Trade
ETH / USDT LBank
$ 3,691.10
$ 376.12M
$ 376.12 million Trade
XRP / USDT LBank
$ 3.50
$ 359.46M
$ 359.46 million Trade
DOGE / USDT LBank
$ 0.267
$ 256.17M
$ 256.17 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.