What Is LBank?
LBank is a globally based centralized exchange (CEX) platform that was established in 2015. The platform allows users to buy and sell major crypto assets like Bitcoin (BTC) and Ethereum (ETH) in over 149 fiat currencies, with over 20 payment methods. The company has licenses from the National Futures Association, Italian Organismo degli Agenti e dei Mediatori, and money services businesses in the United States & Canada.
LBank's financial products include spot and margin trading, crypto futures and options, staking, and ETF trading of crypto assets. Other services include peer-to-peer (P2P) transactions and grid trading.
Where Is LBank Located?
The exchange is based in the British Virgin Islands, and owned and operated by LBK Blockchain Co., Limited. The exchange also has offices in Lithuania, Canada, and Singapore.
In what countries is LBank active?
The exchange has more than 9 million users and accepts clients from over 200 regions.
What Coins Are Supported on LBank?
The centralized cryptocurrency exchange supports over 800 cryptocurrencies and more than 1000 trading pairs. The most notable crypto assets of the platform are BTC, ETH, LUNA, MATIC, FTM, CRO, DOGE and more.
How Much Are LBank Fees?
The exchange charges a flat 0.10% maker and taker fee for spot trading, and withdrawal fees vary from crypto to crypto. For futures, the maker rates are 0.02% and 0.06% for taker fees. There is no deposit fee.
Is It Possible To Use Leverage or Margin Trading on LBank?
Exchange customers can trade leveraged ETFs using the spot trading process. A leveraged ETF is a derivative instrument. No margin is required. LBank supports 3X long leverage (3L) and 3X short leverage (3S).
Users can also trade crypto futures, including BTCUSDT, ETHUSDT, FILUSDT and more perpetual contracts with leverage of up to 125X. Cross margin and isolated margin are available.
