LBank Exchange Review

LBank is one of the oldest centralized exchanges in the world. It has been operating since 2015 and today has millions of users in more than 200 countries. What makes LBank attractive to Iranian users is a combination of three features: optional identity verification, acceptance of Iranian users and a powerful futures market with leverage of up to 125x.

LBank is Bitfa's official partner. This means that if you sign up with Bitfa's dedicated link, on top of a fee discount you'll also get access to Persian-language support from the Bitfa team, signals and daily live trading sessions — at no extra cost.

LBank was founded in 2015, at a time when many of today's major exchanges didn't yet exist. That ten-year track record places LBank among the oldest centralized exchanges still active in the world.

LBank's development team is a mix of financial specialists and blockchain engineers from several Asian countries, and its headquarters are in Hong Kong, although the company is legally registered in the British Virgin Islands — a pattern common among most international exchanges.

LBank says it now has more than 9 million users in more than 200 countries and regions, and it consistently ranks among CoinMarketCap's top 20 exchanges by spot and futures trading volume.

LBank is an international crypto platform that began operating in 2015. It was launched by Superchains Network Technology Co. Ltd., and its main goal has been to provide a secure, professional and accessible platform for cryptocurrency traders.

LBank is known for supporting a large number of tokens and for listing new projects quickly, which has made it especially popular with investors interested in emerging tokens. The exchange offers a wide range of services, from spot and futures trading to features such as staking, a launchpad, NFT trading and even a dedicated market for new projects.

Over the past few years, LBank has grown considerably and has established itself among the exchanges with high daily trading volume. According to CoinMarketCap data, the platform is one of the leading exchanges by derivatives trading volume, ranking 18th.

LBank exchange review

LBank started operating in 2015 and has since earned a significant position in the cryptocurrency market. With its focus on a wide range of trading services, the platform has attracted many users from different countries, especially Iran. LBank is headquartered in Hong Kong, and although it restricts users in some countries such as the United States, its services are available in more than 200 countries worldwide.

In terms of trading volume, LBank consistently ranks among the top 20 exchanges in the world and, according to CoinMarketCap, its daily trading volume sometimes exceeds one billion dollars. The exchange supports more than 800 cryptocurrencies and is one of the most active platforms when it comes to listing new tokens quickly. LBank's services include a variety of features such as spot and futures trading with 200x leverage, staking, copy trading, a launchpad and an NFT marketplace.

In terms of fees, LBank is considered one of the more cost-effective exchanges. Spot trading fees are 0.1%, while futures trading fees are 0.02% for makers and 0.06% for takers. Crypto deposits on this exchange are free, but withdrawal fees vary depending on the coin.

When it comes to security, LBank has put various measures in place to protect user assets, including two-factor authentication (2FA), a withdrawal whitelist system, segregation of assets into cold and hot wallets, and partnerships with firms such as Elliptic to monitor transactions and prevent suspicious activity. Although LBank is not supervised by strict regulators and has obtained its operating licenses from jurisdictions with lighter regulation, it has so far had no record of hacks or major breaches and has a fairly excellent track record among users.

One important point for Iranian users is that LBank can be used without identity verification. Another plus is that, unlike some exchanges, LBank does not block Iranian IP addresses, and Iranian users can use its services with a VPN without any particular problems. That said, this does not mean the exchange officially supports Iranian users; in fact, using it from Iran carries a kind of silent risk, because the platform is bound by the laws of its host countries and its policies may change in the future.

Overall, LBank is a good choice for users looking for a wide variety of cryptocurrencies, low fees, diverse trading tools and the ability to trade without identity verification. However, the lack of official licenses from top-tier regulators and the lack of transparency in its management structure are challenges traders should keep in mind, especially those who trade large amounts or are looking for platforms with greater institutional transparency.

History of LBank

As mentioned earlier, LBank began operating in 2015. The platform was launched by Superchains Network Technology Co. Ltd. and from the outset focused on providing secure, professional and accessible services to international users. The exchange is headquartered in Hong Kong, and over time its reach expanded to more than 200 countries.

In its early years, LBank focused mainly on Asian markets and, by closely understanding the needs of users in the region, was able to build out its technical infrastructure. From 2018 onwards, as it expanded support for more cryptocurrencies and added a wide range of trading pairs, the exchange's global growth began. Listing new projects and emerging tokens quickly has been one of its distinguishing features from the start, and it remains so today.

As the 2020s began, LBank added features such as a futures market, leveraged ETF trading, staking, a launchpad and an NFT marketplace to its platform, becoming one of the multi-purpose platforms in crypto. During the same period, the exchange's number of active users grew dramatically.

In recent years, the exchange has worked to build a framework that meets global standards by obtaining legal licenses from reputable financial authorities in countries such as Canada, Italy, Australia and the United States. LBank is now regarded as an international exchange with steady growth and a broad presence in the crypto market.

LBank's development team

LBank's development team is a group of blockchain and cryptocurrency industry specialists. Eric He is one of the platform's co-founders and its CEO. The team includes blockchain experts, security engineers, software developers and a listing team.

Before using the trading features, you should carefully go through creating an account, choosing a strong password and enabling the security settings. Reading the LBank sign-up guide will help you start trading on this exchange with fewer mistakes and better preparation.

The Listing Management Team is responsible for the technical and security review of new projects and for checking that they meet the exchange's standards. LBank Labs, the research and development arm, is staffed by people with experience at well-known industry players such as Binance Labs and Huobi. As a result, most technical decisions, security policies and token selections are guided by a team with specialist knowledge and experience in crypto.

Where is LBank headquartered?

LBank's headquarters are currently in Hong Kong. The location was chosen for its open financial rules and easy access to Asian markets. LBank also has regional offices in Dubai, Indonesia and Singapore to support international users.

Assessing LBank's credibility

In recent years, LBank has sought to bring its operations within international regulatory frameworks by registering officially in various countries and obtaining legal licenses. These licenses and registrations are not only a sign of the exchange's legal standing but also reflect its commitment to anti-money laundering (AML) and counter-terrorist financing (CFT) regulations. Below, we look at LBank's most important licenses.

Money Services Business (MSB) license in Canada

In Canada, LBank is registered as a Money Services Business (MSB). This registration is overseen by FINTRAC (the Financial Transactions and Reports Analysis Center of Canada) and allows the exchange to offer services such as money transfers, currency exchange and trading to Canadian users. FINTRAC is one of the respected regulators in the fight against money laundering, and registration with it means LBank adheres to Canada's strict financial standards. The official registration details for this license are publicly available in the FINTRAC database.

Registration as a Virtual Asset Service Provider (VASP) in Italy

In February 2023, LBank was officially registered in Italy as a Virtual Asset Service Provider (VASP). The registration was issued by the OAM (Organismo Agenti e Mediatori), the body responsible for overseeing crypto-related financial activity in Italy. Registration with the OAM allows LBank to serve European users legally, while obliging it to report regularly and comply with AML rules across the European Union. Coverage of the registration by outlets such as Cointelegraph also underlined how significant the event was for the exchange's international expansion.

Digital Currency Exchange (DCE) license in Australia

In Australia, LBank is on the register of Digital Currency Exchange (DCE) providers supervised by AUSTRAC. AUSTRAC is the agency responsible for monitoring financial activity and enforcing anti-money laundering and counter-terrorism financing laws in the country. Official registration with AUSTRAC allows the exchange to operate legally in Australia. The registration also means the exchange is accountable under strict rules on reporting and on monitoring Australian users' transactions.

Money Transmitter License (MTL) in the state of Alabama, United States

In 2024, LBank obtained a Money Transmitter License (MTL) in the state of Alabama. The license was issued by the Alabama Securities Commission and allows the exchange to offer financial services such as transferring currencies or cash to users in the state. Obtaining an MTL in the United States, especially given that US financial regulators enforce some of the strictest policies anywhere, is considered an important step in cementing LBank's credibility. It also shows that the platform plans to expand its services legally in the US.

Registration status with VARA in Dubai

LBank is currently in the process of obtaining an official license from Dubai's Virtual Assets Regulatory Authority (VARA). VARA is responsible for licensing all cryptocurrency-related activity in Dubai's free zone. Although LBank has not yet been granted a final license, the official registration process is under way, and the exchange appears on the list of companies that have applied for a license. Entering the UAE market, and Dubai in particular, which is fast becoming one of the world's blockchain and crypto hubs, reflects LBank's ambition to expand its operations legally in the Middle East.

Is LBank suitable for Iranian users?

Unlike many other exchanges, LBank has so far not imposed any direct restrictions on Iranian users. But for a closer look, we need to examine the conditions in more detail.

Under current conditions, LBank is one of the better-suited exchanges for Iranian users. The ability to trade without KYC, the fact that Iranian IPs aren't blocked and its wide range of trading features are among the strengths of this crypto exchange. Even so, users should always keep an eye out for policy changes and use a VPN. It's also wise to keep your assets in a personal wallet so you don't run into trouble if the exchange's rules change suddenly.

One of the main concerns for Iranian users when choosing a global exchange is the restrictions around access, identity verification and the risk of having their account frozen. Whether LBank is subject to sanctions for Iranians should be weighed alongside the exchange's official rules, user experiences and how you manage risk.

Trading on LBank without identity verification

One of LBank's most important features for Iranians is the ability to trade without identity verification. Users can trade after a simple sign-up and, without submitting any ID documents, withdraw up to a set daily limit (up to several hundred thousand USDT). This is a big advantage for people who, because of sanctions, cannot complete identity verification on other exchanges.

However, identity verification is required for certain features, such as high-limit withdrawals, buying with fiat currency, using the LBank card or trading on the OTC market. Since LBank follows global AML/KYC rules, Iranian identity documents may be rejected.

The need for a VPN

At present, LBank does not directly block Iranian IP addresses, and users can access the site even without an IP-changing tool. Even so, to keep your account secure and avoid risks such as a sudden account freeze, it's recommended that you always use a VPN or VPS with a static IP located outside Iran.

Persian language support

One feature Iranian users may find appealing is the option to switch the LBank platform to Persian. This means you can log in to your account and change the site's language to Persian in the settings.

But one point that needs to be stated clearly is that LBank does not currently offer Persian-language support. If you need to contact the support team, you'll have to do so in English, via a ticket or live chat.

Is LBank safe?

Security is the most important factor to examine carefully in a crypto exchange before you start trading. Platforms with weak security, or that don't do enough to protect users' funds, are not a good choice for traders. In this respect, LBank has tried to provide a safe and reliable environment for its users by implementing a range of security measures.

Below, we review all of LBank's security measures and tools in detail so you get a clearer picture of how safe the platform is.

Two-factor authentication

LBank asks its users to enable two-factor authentication (2FA). This involves using Google Authenticator or SMS to confirm logins, withdrawals and security changes. With this in place, even if someone gains unauthorized access to your password, they can't log in to the account without the second verification code.

Encryption and data protection

LBank uses SSL encryption protocols to protect user data. These protocols ensure that information transferred between users and the exchange's servers is protected against unauthorized access.

Anti-phishing code and a separate withdrawal password

For added security, LBank lets users set an anti-phishing code. This code appears in every official email from the exchange and helps users spot fake emails. In addition, users can set a separate withdrawal password, which must be re-confirmed every two hours.

Withdrawal address whitelist and IP-based access restrictions

LBank lets users add their trusted withdrawal addresses to a whitelist. Once this is enabled, withdrawals can only be made to the registered addresses. Users can also restrict access to their account to specific IPs, which helps prevent unauthorized access.

Partnership with Elliptic for transaction monitoring

In March 2025, LBank began working with Elliptic to strengthen its monitoring and security capabilities. The partnership allows the exchange to screen transactions and wallets automatically and identify high-risk activity.

Security rating by CER.live

According to CER.live's assessment, LBank has received a BBB security rating with a score of 8.11 out of 10. The rating reflects the penetration tests and bug bounty programs the exchange runs.

Trading symbols on LBank

LBank supports more than 800 trading pairs, and users can also trade new and fast-growing tokens on the exchange.

Trading symbols on LBank include the following:

• Mainstream coins: including BTC, ETH, BNB, XRP, ADA, LTC and SOL, which have the highest trading volume.
• Stablecoins: such as USDT, USDC, DAI and TUSD, which are used to convert funds quickly and reduce volatility risk.
• Meme coins: including DOGE, SHIB, PEPE and BONK, which are very popular among traders.
• DeFi and NFT tokens: such as UNI, AAVE, SAND, MANA and AXS, which make up a large share of trading.
• New projects (Launchpad/IEO): LBank also lists newly launched tokens so users can get in before the wider market.

Key features of the LBank trading market:

• Most pairs trade against USDT, but BTC and ETH markets are active too.
• You can trade spot, futures and ETFs with a range of leverage options.
• You can see each symbol's data (volume, price, 24-hour change) in the Markets section of the website and app.

LBank features

Copy trading can appeal to users who want to follow other traders' strategies, but it doesn't eliminate risk. Reading the LBank copy-trading guide helps you assess a trader's past performance, risk level and money-management approach more carefully before choosing whom to follow.

LBank offers users a set of trading and investment tools that let them implement a variety of strategies to profit in the cryptocurrency market. Below, we look at the most important of these features:

1. Spot trading on LBank

Spot trading is one of LBank's core services, letting users instantly buy and sell more than 800 cryptocurrencies across more than 1000 trading pairs. The spot trading fee is 0.1% for both makers and takers.

2. LBank futures trading

LBank lets you trade perpetual contracts with up to 200x leverage. Futures trading fees are 0.02% for makers and 0.06% for takers. The platform also has a futures protection fund worth 100 million dollars, which compensates users for losses in the event of extreme price volatility.

3. Leveraged ETF trading

LBank offers ETF trading with fixed leverage (such as 3X), with no margin required and no risk of liquidation. The ETF trading fee is 0.2%, and the daily management fee is 0.1%.

4. Options trading

LBank offers American-style options trading, which lets users implement a range of strategies with call and put contracts to manage risk and take advantage of market volatility.

5. Staking on LBank

Users can stake certain cryptocurrencies on LBank and earn rewards for holding them. This feature is also useful for holders looking for passive income.

6. Grid Trading

LBank offers a Grid Trading tool that lets users take advantage of market volatility by setting up a grid of buy and sell orders. The tool is free to use and can be configured manually or automatically.

7. Copy trading

LBank lets users follow and copy the trades of professional traders. You can choose top traders based on criteria such as rate of return, profit and loss, and maximum drawdown, and have their strategies executed automatically.

8. Launchpad & Launchpool

LBank offers platforms such as Launchpad and Launchpool that let users invest in new projects, or stake their assets to receive new tokens and earn income. This is very useful for anyone looking to invest in early-stage projects.

9. NFT marketplace

LBank has a dedicated NFT platform where you can buy, sell and even mint non-fungible tokens. This section is still under development, but its basic features are live.

10. Buying crypto with fiat currency

The exchange lets you buy cryptocurrency using more than 55 payment methods, including VISA, MasterCard, Apple Pay, Google Pay and bank transfer. This means users can buy crypto directly without having to convert their fiat currency first.

11. Crypto Lending

LBank offers a crypto lending service that lets users earn an annual return by depositing their coins. In this model, users place their assets with the platform, which in turn lends them to qualified borrowers.
These loans come in two forms: “Flexible” (variable and withdrawable at any time) and “Fixed” (with a set term). The annual yield (APY) varies depending on the coin and how long the assets are locked.
For users who hold assets they don't plan to use in the short term, this can be a reliable way to earn passive income.

12. API for automated trading and developers

For professional users, algorithmic traders and developers, LBank provides comprehensive APIs that give programmatic access to market data, account information, order placement, withdrawals and other operations.
These APIs include a REST API and WebSocket, and their full documentation is available in the developer section of LBank's official website.
API access lets algorithmic traders run their strategies automatically or work directly with trading bots.

Bonuses and airdrops on LBank

To attract new users and encourage more activity, LBank runs bonus and airdrop programs. These rewards are credited to users' accounts as cryptocurrency or trading credit.

Reward types include:

• Sign-up bonus: an initial reward for new users after verification or their first trade.
• Project airdrops: free distribution of new tokens through partnerships with start-up projects.
• Referral rewards: earn a percentage of the trading fees paid by the users you refer.
• Special-occasion campaigns: limited airdrops around special occasions or the launch of specific projects.

These rewards come with conditions such as trading volume or holding period, and you can track them in the Reward Center or through official announcements.

Benefits of using LBank's bonuses and rewards

Using LBank's bonuses and rewards helps you gain real trading experience and make a profit without investing your own money.

The benefits of using LBank's bonuses and rewards are as follows:

• More trading capital: users can place more trades using free credit.
• Lower risk: bonuses act as a financial cushion and reduce losses.
• Access to new tokens: airdrops give users a chance to discover new projects.
• Loyalty rewards: active users with high trading volume receive special rewards.

All rewards are shown in the My Rewards section of your account and can be withdrawn or used for trading once the conditions are met.

LBank fees

LBank is considered one of the more cost-effective exchanges in the crypto market, with a fee structure that is simple yet highly transparent and competitive. In this section, we look at the main costs users face when using LBank's services.

Spot trading fees on LBank

On LBank's spot market, fees are calculated as a percentage of the trade value. The exchange has a simple, fixed fee structure and uses the maker/taker model for trades.

The spot market suits users who want to buy and sell cryptocurrencies directly without getting involved in leverage or the complex risks of derivatives trading. Reading the LBank spot trading guide can make placing orders, choosing trading pairs and managing your assets much clearer.

Note: Fees are shown when you place an order and are deducted from your balance once the trade is executed.

Futures trading fees on LBank

On the futures market, fees are lower than for spot trades so that traders can make use of leverage.

Note: The funding fee is exchanged between buyers and sellers at set intervals (usually every 8 hours).

Because futures trading on LBank uses leverage, it creates greater profit opportunities but also raises the risk of losing capital. That's why reading our LBank futures trading guide is so important for anyone planning to enter this market.

Deposit and withdrawal fees on LBank

Deposit and withdrawal fees on LBank depend on the blockchain network and the cryptocurrency. Deposits are free for most coins, but withdrawals include a network fee.

Fee discounts with the LBC token

During certain periods, users can pay their trading fees with the exchange's own token (LBC) and receive a discount in return. Details of these discounts are announced through official campaigns and are not fixed.

Fee rebates through referrals

LBank runs a referral program. Under this program, a percentage of the trading fees paid by people who signed up with your referral link is returned to you as the referrer. Depending on the referrer's account tier, this can reach 40%.

Zero-fee trading campaigns

In certain cases, such as new token listings or trading festivals, fees on some coins are temporarily cut to zero or significantly discounted. These campaigns are announced in the exchange's Promotion section.

Number of cryptocurrencies on LBank

One of LBank's standout features is the very wide range of cryptocurrencies supported on the platform. The exchange not only supports well-known, established projects but is also known as one of the fastest exchanges at listing emerging tokens.

At the time of writing, LBank supports more than 800 different cryptocurrencies, including:

• Major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), BNB, XRP, Solana and more…
• Stablecoins such as USDT, USDC, BUSD and TUSD
  Popular meme coins such as DOGE, SHIB, PEPE and FLOKI
• Gaming, NFT and DeFi tokens, plus emerging blockchain projects
• A large number of new, low-volume tokens that often aren't listed on other exchanges

Maximum leverage in LBank futures trading

LBank is one of the few exchanges that offers high leverage in futures trading across a wide range of coins. This makes the platform a good fit for professional traders and anyone pursuing high-risk, high-return strategies.

At the time of writing, the maximum leverage LBank offers in its futures market is up to 125x for major coins such as Bitcoin (BTC) and Ethereum (ETH). This is on a par with what many major exchanges, such as Binance or Bybit, offer.

However, for some lower-volume or more volatile assets, such as meme coins or newly listed tokens, the platform has also enabled even higher leverage, up to 200x. That said, this level isn't available to every user or for every token; it depends on factors such as account tier, asset type, market conditions and trade size.

Key points when using leverage

• High leverage can multiply a trade's profit, but it also increases the risk of liquidation (losing all the capital in a position).
• Choosing the right leverage and setting a stop-loss are essential for risk management in this kind of trading.
• New users are better off starting with lower leverage and moving to higher leverage only once they've gained experience.

Pros and cons of LBank

Although LBank is less well known than some of its big global rivals, in recent years it has drawn the attention of a wide range of users, especially in Asia and the Middle East, by continually expanding its features, listing tokens quickly and offering a variety of trading tools. In this section, we look at the platform's main pros and cons.

The LBank app and its features

The LBank app is the mobile version of the LBank exchange, giving Android and iOS users access to the market whenever they want. With a simple interface, high speed and full trading features, the app offers an experience similar to the web version in a compact, secure package.

Through the app, users can handle the main tasks, such as signing up, logging in, trading spot and futures, checking prices and managing their assets. The interface is designed so that even beginners can easily find their way to buying, selling, depositing and withdrawing.

The LBank app supports multiple languages and is updated regularly to improve security and speed. It also offers strong security options such as two-step login (2FA) and an app lock using your fingerprint or a PIN.

LBank app features

The LBank app's features include:

• Spot trading and futures trading
• Real-time prices
• Asset management (Wallet) for checking balances, making internal transfers between accounts and viewing transaction history.
• Identity verification and account settings, including KYC, editing your profile and enabling security settings.
• Notification support
• Staking and Earn services
• Launchpad and Airdrop sections for access to initial offerings and early investment opportunities.
• 24-hour online support, so you can contact the support team directly from within the app.

Download the LBank app from Google Play: LBank App (Google Play)

Download the LBank app from the App Store: LBank (App Store)

How to sign up on LBank

Creating an account on LBank takes just a few simple steps, and you can sign up without any initial identity verification. Here are the steps:

1. Visit the official LBank website or install the official app from a trusted source.
2. Click the “Sign Up” button, which is usually at the top of the page.
3. Choose a sign-up method; you can register with either your email or your mobile number.
4. Enter your email address or mobile number and set a strong password that includes letters and numbers.
5. A verification code will then be sent to the email or number you entered, which you need to enter in the sign-up form.
6. Once verification succeeds, your account is created and you can go to your account dashboard.
7. On your first login, it's recommended that you enable two-factor authentication (2FA) to make your account more secure.

Once you've completed these steps, you're ready to use LBank's features and start trading.

How to deposit and withdraw on LBank

After signing up on LBank, the first step towards trading is depositing cryptocurrency into your account. Knowing how to withdraw your assets is also essential for managing your capital. Below, we explain the deposit and withdrawal steps briefly and practically.

Depositing crypto to LBank

1. Log in to your account on the LBank website or app.
2. From the top menu, select “Wallet” or “Assets”.
3. Click “Deposit”.
4. Search for and select the coin you want to deposit (e.g. USDT or BTC).
5. Select the transfer network (e.g. TRC20 or ERC20) – make sure the network you choose matches the network of the source wallet. Otherwise, you may lose your funds. So always check that the source and destination networks are the same.
6. Your dedicated wallet address will be shown; copy it and use it in the source wallet to make the transfer.
7. Once the transaction is sent and confirmed on the blockchain, the amount will be credited to your LBank account.

Withdrawing crypto from LBank

1. Go to the “Wallet” or “Assets” section and click “Withdraw”.
2. Select the coin you want to withdraw and enter the destination address.
3. Choose the transfer network and enter the withdrawal amount.
4. For extra security, you'll need to enter your two-factor authentication (2FA) code and your withdrawal password.
5. After final confirmation, the transaction is sent to the network. Depending on the network you chose, it may take anywhere from a few minutes to a few hours to arrive.

How to trade on LBank

LBank offers a range of ways to trade cryptocurrencies, from spot trading to futures and ETFs. Below, we'll show you how to trade spot and futures on LBank.

How to trade spot on LBank

Spot trading is the simplest and most common type of trading on exchanges. In this type of trade, users buy and sell the cryptocurrency they want instantly. Here are the steps for spot trading on LBank:

1. Log in to the exchange.
2. From the main menu, select “Trade” and then go to the “Spot” section.
3. Search for the trading pair you want and click on it (for example, BTC/USDT).
4. In the order panel, choose the order type:

• Market Order: to buy or sell immediately at the best market price.
• Limit Order: to buy or sell at a specific price of your choice.
• Stop-Limit Order: activates the order at a set price (the stop price) and places it at a price you specify (the limit price). This option is useful for managing risk and setting take-profit or stop-loss levels.

5. Enter the amount of the coin you want to buy or sell.
6. Click “Buy” or “Sell” to place your order.
7. Open orders can be viewed under “Open Orders”, and your order history is saved under “Order History”.

Using stop-limit orders in spot trading lets traders manage their trades more precisely and reduce their trading risk.

How to trade futures on LBank

Futures trading on LBank lets users use leverage to trade on future price movements without having to own the underlying asset. This type of trading is more advanced and requires care and risk management. Here are the steps for trading futures on LBank:

1. Log in to your account on the LBank website or app.
2. From the main menu, select “Derivatives” and go to the “Futures” section.
3. In the search bar, select the trading pair you want (e.g. BTC/USDT).
4. At the top of the trading panel, set the leverage using the slider or by typing a number (e.g. 5x, 20x, up to a maximum of 125x for major cryptocurrencies).
5. Choose your order type. LBank supports several order types in its futures section:

• Market Order: executes the trade quickly at the current market price.
• Limit Order: executes the order at a specific price.
• Stop-Limit: activates the order when a specific price is reached.
• Stop-Market: executes a market order once the price reaches a set level.
• Trigger Order: executes the order when a specific trigger condition is met.
• Post-Only: ensures the order is only added to the order book and doesn't take liquidity from it.

6. Set the position size and choose whether you want to open a Long (buy) or Short (sell) position.
7. Your order is placed once you confirm it, and you can track its status under “Positions” and “Order History”.
8. To close a position, use the “Close by Market” or “Limit Close” options.

LBank's education academy

To educate both beginners and experienced traders, LBank has created a section called LBank Academy. The academy offers a collection of articles, videos and specialist guides on cryptocurrencies, spot and futures trading, account security and technical analysis.

LBank Academy's features are as follows:

• Lessons on basic concepts such as blockchain, wallets and fees.
• Analytical articles on new tokens and global markets.
• Video tutorials on using the LBank app and platform.
• A “News & Insights” section for keeping up with market updates.

All content is published in English and is available in the Support → Learn section of the website.

LBank charts on TradingView

LBank uses TradingView tools to display price charts in its trading section. These charts offer advanced technical analysis features in a simple interface.

Chart features on LBank:

• Charts across a range of timeframes (1 minute to 1 month).
• Add indicators such as RSI, MACD and Bollinger Bands.
• Draw trend lines and Fibonacci levels.
• View volume, open and close prices, and the largest price change.

You can use the built-in TradingView tool by clicking Chart on any trading pair's page. These charts update in real time and are useful for precise market analysis.

Is LBank good for trading?

Overall, LBank has its pros and cons, and whether it's the right choice for you depends on your goals, trading style and risk tolerance. LBank does well on the variety of cryptocurrencies and trading pairs it offers, and gives users features such as spot trading, futures, leveraged trading, staking and a P2P section. The exchange has competitive fees and a simple platform.

LBank can be a good option for trading, but you should approach it with full caution: start by trading with a small amount of capital, and take security matters such as enabling 2FA and limiting your risk seriously.