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About LBank

What is LBank?

LBank is a Hong Kong-based centralized exchange (CEX) platform founded in 2015 with offices in the British Virgin Islands, the United States, Australia, and Canada. The platform allows users to buy and sell major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) in more than 50 fiat currencies and 20+ payment methods. The company holds operating licenses from the National Futures Association, Australian Transaction Reports and Analysis Center, and the Canadian Money Services business. LBank's products include: spot and margin trading, cryptocurrency futures and options, pledges, non-fungible tokens (NFTs) and ETF trading of cryptocurrency assets. Other services include peer-to-peer (P2P) trading, grid trading, and flex and locked deposits.

Who are the founders of LBank?

The ecosystem was co-founded by Allen Wei, a former IT developer and now CEO of LBank, and Eric He. He was inspired to create the project after reading a white paper on Bitcoin and its blockchain.

Where is LBank located?

The exchange is based in Hong Kong and is owned and operated by Superchains Network Technology Co.

Countries with restricted access to LBank

The exchange has nearly 7 million users from over 200 countries. Because LBank is located in Hong Kong, it may be subject to legal restrictions in some regions.

What coins can LBank support?

The centralized exchange supports more than 120 cryptocurrencies and over 180 trading pairs. Some of the most popular crypto assets on the platform include BTC, ETH, LUNA, MATIC, FTM, CRO, DOGE, and more.

What are the fees for LBank?

The exchange charges a fixed 0.10% fee for pending and taking orders, while withdrawal fees vary across cryptocurrencies. There are no fees to deposit.

Can I trade with leverage or margin on LBank?

Exchange users can trade leveraged ETFs using the spot trading process. No margin is required, and LBank supports 3x long leverage (3L) and 3x short leverage (3S). Users can use up to 125x leverage to trade crypto futures, including BTCUSDT, ETHUSDT, FILUSDT and a variety of perpetual contracts. In addition, the exchange offers full position margin and position-by-position margin.