LBank review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
LBank suits traders who want a deep coin list and a single account covering spot and derivatives rather than a short, single-asset venue. It lists 888 coins, publishes proof of reserves, and takes funding through card, bank and sepa, with the trade-offs being a custodial account and support limited to email, help centre and community.
Key facts
- Best for
- Depth traders who want 888 coins, a published proof of reserves, and spot with derivatives in a single account
- Coins listed
- 888↗
- Regulators
- National Futures Association, Organismo degli Agenti e dei Mediatori, Money Services Business (MSB) registration↗
- Fiat deposit methods
- Card, Bank, SEPA, Apple-pay↗
- Proof of reserves
- Yes↗
- Derivatives
- Yes↗
- Exchange type
- Cex↗
- Headquarters
- Virgin Islands, British↗
- Founded
- 2015↗
- Support channels
- Email, Help-centre, Community↗
- Features
- Custodial
- Official website
- lbank.com
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- 888 coins listed, well ahead of from 650 at Bitpanda, from 350 at bunq and 9 at activtrades.
- Proof of reserves is published, and 84.1% of exchanges in the ranking publish one too.
- Funding by card, bank and sepa, so most payment rails do not need working around.
- Registrations across the US, Italy and Canada: National Futures Association, Organismo degli Agenti e dei Mediatori and Money Services Business (MSB) registration.
- Spot and derivatives on the same platform, so leverage does not mean opening a second account.
Cons
- Accounts are custodial, so the keys sit with the exchange rather than with you.
- Support runs on email, help centre and community only, so a stuck withdrawal means writing rather than talking to anyone.
- Headquarters sit in Virgin Islands, British, outside the US, Italy and Canada where the registrations are, so check which entity holds your balance.
- A catalogue of 888 coins runs well past the exchange median of 74.5, and derivatives sit on the same account, so leverage is easy to reach on thinner assets.
Who it suits
- Traders who want depth rather than a short catalogue, and are comfortable holding a custodial balance.
- Buyers who fund by card, bank and sepa and want spot and derivatives in the same place.
- Readers who put more weight on a published proof of reserves than on phone or live-chat support.
Who should look elsewhere
- Traders who only need the majors: activtrades lists 9 coins, which suits focused trading on a few assets.
- Anyone who prefers a compact catalogue: bunq lists from 350 coins, so bunq is the simpler fit for buying a handful of coins.
- Readers who want to hold their own keys: LBank accounts are custodial, so a self-custody wallet suits better.
What you can hold and do
LBank lists 888 coins, which puts it well ahead of from 650 at Bitpanda, from 350 at bunq and 9 at activtrades, and it ranks 10 of 172 brands on coin count. The breadth helps anyone trading beyond the majors, though a longer list also means thinner order books in some names. Derivatives are offered alongside spot trading, so leveraged positions sit on the same account. Funding runs through card, bank and sepa, which covers most retail buyers, and card deposits are the most common route on exchanges at 53.1% of ranked brands.
How your money is protected
LBank publishes proof of reserves, which is the clearest available signal that the assets it reports holding are real rather than a marketing line. Across the exchanges in the ranking, 84.1% of brands publish one, so this puts LBank with the majority rather than ahead of it. Proof of reserves is a statement about holdings at a point in time, not a promise that any withdrawal will clear, so read it as reassurance about balances rather than protection for them. The registrations behind the platform are National Futures Association, Organismo degli Agenti e dei Mediatori and Money Services Business (MSB) registration, and the entity that holds your funds matters as much as the regulators named.
Licences and registrations
LBank's registrations are named in the US, Italy and Canada: the National Futures Association, the Organismo degli Agenti e dei Mediatori, and Money Services Business (MSB) registration. The US and Italian entries are supervisory bodies, while the Canadian entry is a registration rather than a licence, so the depth of oversight differs from country to country. Across the exchanges ranking, 158 brands carry a licence of some kind, so registrations are common in the category rather than rare. Because each registration is country specific, readers in other markets should confirm which entity holds their balance before funding.
The company behind it
LBank was founded in 2015 and is headquartered in Virgin Islands, British, which places the corporate home outside the US, Italy and Canada where the registrations sit. A long operating record is the main reassurance available here beyond the reserves attestation, and it counts in a category where many venues are young. Support runs on email, help centre and community, so help comes through a help centre, email and a community channel rather than a phone line. A help centre is the most common route in the category, at 82.1% of ranked brands, so LBank is typical on support as well as on scope.
How LBank compares
9.5 vs 9.5- 9.5 vs 9.3
9.5 vs 9.2
9.5 vs 9.7Only 9 coins listed, so it suits focused trading on a handful of assets rather than long-tail listings.
9.5 vs 9.4
9.5 vs 9.6
9.5 vs 9.0
9.5 vs 9.0
9.5 vs 9.0
9.5 vs 9.0
9.5 vs 8.9
9.5 vs 9.0
9.5 vs 8.2
9.5 vs 8.2
9.5 vs 9.7
9.5 vs 9.4
9.5 vs 9.3
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.1
9.5 vs 9.0
9.5 vs 8.7
9.5 vs 8.6
Where LBank is available
- Licence in United States
- National Futures Association, checked September 26, 2026
- Licence in Italy
- Organismo degli Agenti e dei Mediatori, checked September 26, 2026
- Licence in Canada
- Money Services Business (MSB) registration, checked September 26, 2026
Frequently asked questions
What do trades cost at LBank?+
Trading costs follow LBank's published fee schedule, so check it before sizing a position. For market context, taker fees across the exchanges in the ranking run 0.1% to 0.5%, with the midpoint at 0.2%, while simple buy-crypto venues sit higher at 0.25%.
Does LBank hold my coins, or do I hold the keys?+
The keys sit with the exchange: LBank runs custodial accounts, so balances are held on the platform rather than in a wallet you control. That is the most common model in the category, at 68% of ranked brands, and it makes the platform the single point of contact for withdrawals. LBank publishes proof of reserves, which speaks to what it holds rather than to who owns it.
Who regulates LBank?+
Registrations are named in the US, Italy and Canada: the National Futures Association, the Organismo degli Agenti e dei Mediatori, and Money Services Business (MSB) registration. The US and Italian entries are supervisory bodies, while the Canadian one is a registration rather than a licence. Confirm which entity serves your country, since 158 of the brands in the exchanges ranking carry a licence of some kind.
How do I deposit money?+
Funding runs through card, bank and sepa. Card and bank transfer cover most buyers, and SEPA suits euro-area payments. Bank transfer is the most common route on exchanges, at 91.8% of ranked brands, so the rails here are typical. If your local rail is not on the list, check the full funding options before sending money.
Can I trade derivatives on LBank?+
Derivatives are offered alongside spot trading, so leverage and spot sit on the same platform. That suits traders who would rather not move funds to a second venue, and 55.9% of exchanges in the ranking offer the same combination. Accounts are custodial, so the same balance backs both sides. Leverage magnifies losses as much as gains, so size for that.
How do I get help on LBank?+
Support runs on email, help centre and community. A help centre handles routine questions, email covers anything that needs a written record, and a community channel carries public answers. A help centre is the most common route in the category, at 82.1% of ranked brands, so expect self-service first and a written trail for escalations.
Is LBank worth choosing over a smaller exchange?+
It depends on how many coins you need. LBank lists 888, against from 650 at Bitpanda, from 350 at bunq and 9 at activtrades, so the choice is really about depth against simplicity. Buyers who trade a handful of majors are well served by a shorter list, while anyone scanning for new listings will find more here.
How long has LBank been running, and where is it based?+
LBank was founded in 2015 and is headquartered in Virgin Islands, British. The corporate base sits outside the US, Italy and Canada where its registrations are, so readers elsewhere should check which entity holds their balance before depositing. The company also publishes proof of reserves, which gives a second way to read the platform's financial position alongside its operating history.
Sources
- coingecko.com/en/exchanges/lbank checked September 26, 2026
Backs: Coins listed, Founded, Derivatives, Exchange type, Features, Fiat deposit methods, Headquarters, Regulators, Licences
“id=lbank; coins=888; pairs=911”
- defillama.com/cex/lbank checked September 26, 2026
Backs: Proof of reserves
“slug=lbank; category=CEX; tvl=11144269.28042852”
- lbank.com checked September 26, 2026
Backs: Support channels
“24/7 Customer Service Professional customer support available 24/7 to answer your questions at any time.”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Taker fee.
Related by the facts
LBank
Depth traders who want 888 coins, a published proof of reserves, and spot with derivatives in a single account