LBank Fee Calculator
Estimated Fees Breakdown
Spot Trading
Flat 0.1% fee for both makers and takers
Futures Trading
Makers: 0.02%, Takers: 0.06%
Withdrawal Fees
Network-dependent, varies by asset
Key Takeaways
- LBank ranks among the top 5 global crypto exchanges by daily volume, with over $5billion traded in Q22025.
- Spot fee is a flat 0.1%/0.1% for makers and takers; futures fee starts at 0.02% for makers.
- Supports 800‑plus digital assets, strong meme‑coin listings, and 600+ futures pairs with up to 125× leverage.
- Security features include 2FA, cold‑storage, Proof of Reserve audits and address whitelisting.
- Regulatory caveat: not officially licensed and unavailable in the US, Cuba, Sudan, NorthKorea, Syria, Iraq and MainlandChina.
When you type LBank review into a search bar, you’re probably wondering whether the hype matches the reality. Below is a straight‑to‑the‑point breakdown that lets you decide in minutes, not hours.
What Is LBank?
LBank is a global cryptocurrency exchange headquartered in Singapore and Hong Kong that offers spot, futures and derivatives trading. Launched sometime between 2015 and 2017, it has grown into a platform that processes billions of dollars daily and focuses heavily on early‑token listings and meme‑coin discovery.
Core Trading Products
The exchange bundles three main product lines:
- Spot Market: Over 800 tokens, from Bitcoin to the latest meme coins. The order book runs on a super‑fast matching engine that claims sub‑millisecond latency.
- Futures & Leverage: More than 600 contracts, leverage up to 125×, and a dedicated futures interface that mirrors professional platforms.
- Copy Trading: A marketplace with 3,500+ lead traders. Users can allocate capital with a single click, tapping into roughly $5billion of copy‑trading volume.
For chart junkies, LBank embeds TradingView an advanced charting library with over 100 drawing tools directly into the web UI, so you never need to pop open a separate window.
Fee Structure in Plain English
Fees are often the deal‑breaker. LBank keeps it simple:
- Spot trading: Flat 0.1% for both makers and takers. No hidden tiered reductions.
- Futures: Makers pay 0.02%, takers 0.06% on most contracts. High‑volume traders can apply for a rebate program.
- Withdrawals: Network‑dependent; Bitcoin withdrawals sit at 0.0005BTC, Ethereum at 0.005ETH. Fiat withdrawals via bank transfer are free up to $1,000 per month, then $25 per transaction.
Compared with giants like Binance, which uses tiered discounts, LBank’s flat rate is easier to calculate-but it can be pricier for high‑frequency traders who would qualify for lower tiers elsewhere.
Security & Compliance
Security is the next pillar you’ll scrutinize. LBank backs its platform with a suite of industry‑standard safeguards:
- Two‑factor authentication (2FA) adds a second verification step via Google Authenticator or SMS.
- Cold‑storage holds roughly 95% of user funds, minimizing hot‑wallet exposure.
- Proof of Reserve periodic audits published on the website to verify asset backing.
- Address whitelist feature lets users lock withdrawals to pre‑approved wallets only.
On the compliance side, the platform is not officially licensed in any jurisdiction. This regulatory gray area is the biggest red flag, especially for institutional users. The exchange is blocked in the United States and several sanctioned countries, which limits its global reach.
User Experience: Mobile vs Desktop
The desktop UI feels like a trimmed‑down version of professional trading desks: grid layouts, quick‑order panels, and instant‑order confirmation pop‑ups. Mobile apps (iOS & Android) score high on simplicity-most users praise the clean navigation and fast trade execution. However, the app hides advanced features like API key management and OTC desks, which are only accessible through the web portal.
Customer support operates 24/7 via ticket system, live chat and email. Average response time sits at 12minutes for live chat, but some users report slower ticket closures during peak traffic.
Earning Opportunities & Incentives
LBank tries to keep traders hooked with a handful of reward programs:
- LBank Earning: DeFi‑style mining for Bitcoin, Ethereum and a handful of altcoins. No lock‑up periods, payouts every 24hours.
- Staking: Supports native LBank tokens (LBN) and major PoS assets with APYs ranging from 4% to 12%.
- Credit Card Cashback: First crypto card purchase over $100 nets 5USDT in Bitcoin; cumulative spot trading over $1,000 earns a 20USDT cashback card.
- Copy Trading Capital: Over $5billion in managed capital, letting newcomers mirror successful strategies without deep market knowledge.
These incentives are attractive for early‑stage traders, but they come with standard terms-minimum trade sizes, KYC verification, and regional restrictions.
Pros & Cons at a Glance
| Pros | Cons |
|---|---|
| High daily volume (> $5B) ensures liquidity. | Lack of official licensing raises regulatory risk. |
| Extensive asset list (800+ tokens) and rapid new listings. | Not available in the United States and several sanctioned countries. |
| Flat 0.1% spot fee simplifies cost calculations. | API access currently unavailable despite being advertised. |
| Robust security: 2FA, cold storage, Proof of Reserve. | Customer support can be inconsistent during peak periods. |
| Leverage up to 125× on futures attracts speculative traders. | No demo account or built‑in DEX functionality. |
How LBank Stacks Up Against the Competition
| Feature | LBank | Binance | KuCoin |
|---|---|---|---|
| Daily Volume (Spot) | $5B | $25B | $8B |
| Asset Count | ~820 | ~1,300 | ~950 |
| Futures Leverage Max | 125× | 125× | 100× |
| Spot Fee (Flat) | 0.1% | 0.1%‑0.02% tiered | 0.1%‑0.05% tiered |
| Regulatory License | None | Multiple (e.g., Malta, Singapore) | None |
| US Availability | No | Yes (with compliance) | Yes (with compliance) |
| Security Features | 2FA, Cold‑storage, PoR | 2FA, Insurance Fund, PoR | 2FA, Cold‑storage |
| Copy Trading | Yes (3,500+ leads) | No native | No native |
If you prioritize meme‑coin hunting and copy trading, LBank edges out the others. If you need a fully licensed platform with fiat on‑ramps in the US, Binance is the safer pick.
Bottom Line: Should You Sign Up?
For traders who thrive on early‑token exposure, high‑leverage futures, and a simple fee schedule, LBank delivers solid value. The biggest caveat is the regulatory blind spot-if you’re a risk‑averse investor or need institutional compliance, you might look elsewhere. The platform’s security measures are on par with industry standards, but the lack of an official license could become a hurdle if regulators tighten rules in Asia or Europe.
Frequently Asked Questions
Is LBank safe for storing large crypto balances?
LBank employs cold‑storage for the majority of funds, 2FA, address whitelisting and publishes Proof of Reserve audits. While these safeguards are strong, the exchange’s lack of a formal license means you should avoid keeping a huge portion of your wealth on any single platform.
What’s the minimum deposit for futures trading?
The platform requires a minimum of 0.001BTC (≈$30) or equivalent crypto to open a futures position. Fiat deposits are not accepted for futures; you must convert to a supported crypto first.
Can I use an API on LBank?
Official API access is listed but currently unavailable for public use. The team has indicated a rollout later in 2025, so keep an eye on announcements if you need automated trading.
Does LBank offer a demo or test‑net?
No, LBank does not provide a sandbox environment. New users must start with real funds, though the flat 0.1% fee makes the cost of a small test trade relatively low.
Are US residents completely blocked?
Yes. IP detection and KYC checks prevent US citizens and residents from creating accounts or accessing any trading features.
adam pop
October 5, 2025 AT 04:28LBank is a honeypot. Cold storage? Proof of Reserve? Please. Every ‘audit’ is just a screenshot they paid a dev to fake. They’re based in Singapore because it’s a tax haven with zero oversight. If you’re holding anything significant on there, you’re already robbed - you just haven’t realized it yet.
Dimitri Breiner
October 5, 2025 AT 16:08Look, I’ve traded on Binance, KuCoin, and LBank - and for meme coin hunters, LBank is hands down the best. The 125x leverage isn’t just marketing; it works. Yes, no US access is a bummer, but if you’re outside the US and want to catch the next 100x coin before it blows up, this is where the action is. The flat fee? Simpler than Binance’s tiered nonsense. Just don’t leave your life savings there.
LeAnn Dolly-Powell
October 6, 2025 AT 11:30So glad I found this review! 😊 I’ve been testing LBank for a few weeks now and honestly? The copy trading feature saved me. I started with $50, mirrored a trader who hit 3 meme coins in a week, and now I’m up 200%. The app is so smooth - no lag, no crashes. Just wish they had a demo account 😅 but hey, the fees are low enough to risk a little!
Anastasia Alamanou
October 6, 2025 AT 23:27From a compliance standpoint, the absence of a regulatory license is a non-trivial exposure vector - particularly for institutional-grade participants. While the Proof of Reserve audits are transparent and the cold storage architecture aligns with industry best practices, the jurisdictional ambiguity creates systemic counterparty risk. Additionally, the unavailability of API access despite public documentation is a glaring operational inconsistency that undermines trust in platform maturity. For retail traders seeking speculative exposure, LBank remains viable - but only as a short-term, high-risk allocation.
Jennifer Rosada
October 7, 2025 AT 12:03Let’s be honest - if you’re not in the US, you’re either naive or complicit. LBank doesn’t care about your money. They care about the volume you generate so they can quietly siphon it during a flash crash. The ‘flat 0.1% fee’? That’s just the bait. They make their real profits from liquidations on 125x trades. You think you’re trading? You’re just feeding their algorithm.
Sarah Hannay
October 7, 2025 AT 14:31I respect that LBank offers high leverage and meme coins - but I won’t touch it. Not because I’m scared, but because I won’t risk my assets on an unlicensed platform. Even if the security features look good, the lack of legal recourse if something goes wrong is unacceptable. I’d rather use a slower, licensed exchange with less excitement - because peace of mind isn’t negotiable.
Rohit Sreenath
October 7, 2025 AT 19:17Life is a cycle. Exchange rises. Exchange falls. You trust. You lose. Then you learn. LBank is like a bright flower in a desert - beautiful, but not safe to touch. The world does not reward the bold. It rewards the patient. Wait. Watch. Then choose wisely.