Introduction to LBank
LBank is a centralized exchange (CEX) headquartered in Hong Kong, founded in 2015. It operates globally with offices in the British Virgin Islands, the U.S., Australia, and Canada. The platform supports trading of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) with 50+ fiat currencies and 20+ payment methods.
Key features:
- Regulated by the National Futures Association (NFA), Australian Transaction Reports, and Canadian monetary authorities.
- Offers spot trading, margin trading, futures/options, staking, NFTs, and crypto ETFs.
- Additional services: P2P trading, grid trading, and flexible/locked deposits.
Founders and Background
LBank was co-founded by Allen Wei (CEO, ex-IT developer) and Eric He. Wei drew inspiration from Bitcoin’s whitepaper to create the platform.
Jurisdiction and Headquarters
- Headquarters: Hong Kong.
- Parent Company: Superchains Network Technology Co. Ltd.
Restricted Countries
LBank serves 7 million users across 200+ countries, but accessibility may be limited in some regions due to local laws.
Supported Cryptocurrencies
- 120+ cryptocurrencies and 180+ trading pairs.
- Popular assets: BTC, ETH, MATIC, DOGE, and more.
Fee Structure
- Trading fees: 0.10% for makers/takers.
- Withdrawal fees: Vary by cryptocurrency.
- Deposits: Free.
Leverage and Margin Trading
- Leveraged ETFs: Up to 3x long/short (no margin required).
- Futures trading: Up to 125x leverage for BTCUSDT, ETHUSDT, etc.
- Margin modes: Cross-margin and isolated margin.
FAQs
1. Is LBank safe to use?
Yes, LBank complies with regulatory standards in multiple jurisdictions, including the NFA and Australian TRAC.
2. Can U.S. residents use LBank?
While LBank has a U.S. office, users should verify local restrictions due to evolving crypto regulations.
3. What makes LBank unique?
👉 Discover LBank’s low fees and diverse trading options alongside its NFT and ETF offerings.
4. Does LBank support staking?
Yes, users can stake assets for passive income via flexible or locked terms.
5. How do I contact LBank support?
Visit their website for 24/7 live chat and email support.
Final Notes
LBank combines global accessibility with robust trading tools, making it a competitive player among crypto exchanges. For advanced traders, its high-leverage futures and ETFs are standout features.
👉 Explore LBank’s full features today.
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