There is a wide range of cryptocurrency exchange in the market. Which one to choose is a big question. This LBank review will help you understand LBank exchange platform.
LBank Review –
LBank.info cryptocurrency exchange platform specializes in managing digital asset trading. The company came into existence in October 2016 and has fair growth rate.
At present, LBank offers such as BTC to BTC, ETH, ZEC, QTUM, VEN’s digital asset exchange service, and the currency can be exchanged for continuous increase. So, let us look in the detail at the kind of services and products of the platform.
At the time of writing this review, LBank.info is ranked 12th by trading volume on Coinmarketcap.
There are lot of cryptocurrencies on the platform. The platform manages the US dollar, Euro, Chinese Yen and then all the other powerful currencies and accepts bank transfers. The cryptocurrencies includes Bitcoin, Litecoin, Qtum, Bitcoin Cash, Zcash, NEO, Ethereum, Ethereum Classic, and some less popular coins such as Nebulas, VeChain, Bodhi, YoYow.. LBank allowing its user to trade anonymously if they want to trade one cryptocurrency with another one.
Deposit (Take Bitcoin as the example)
Withdrawal
As compare to other cryptocurrency exchanges, this platform charges comparatively less. All the deposits are free. But withdrawal fees varies from crypto to crypto. The lBank exchange trading fee is 0.1% per trade , whereas similarly other cryptocurrency exchanges charges between 0.20% to 0.25%.
The exchange implements latest security features like ‘bind the e-mail’ and ‘Bind your telephone’ . Moreover, it has two main levels of verification namely, C1 and C2 real name authentication.
– C1 Authentication: This feature is for prepay and transaction processes. Indeed, with the C1 Authentication process, you can complete prepayment and trading operations.
– C2 Authentication: This feature is to improve the quality of cash-out operations. In this context, the account is limited to cash-out operations. This feature comes after C1 verification.
Final Verdict
Overall, this cryptocurrency exchange is growing and gaining the interest of many clients in the Asian markets. Moreover, the lBank trading fees is very low and competitive and also, it has wide variety of cryptocurrencies and markets to trade in. However, the exchange is not so friendly for English speaking traders as support is very limited
Moreover, this exchange supports fiat currencies, anonymous trading and appears to have sufficient liquidity on most pairs.
Also read the related information: Bitquick Review| Coinsuper Review| Zipmex Fees
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