CoinEx vs Lbank: Fees, Coins, Safety Comparison
| Feature | CoinEx | Lbank |
|---|---|---|
Overall |
4.4 |
3.0 |
4.7 |
1 |
|
4.4 |
3.7 |
|
5 |
3.9 |
|
Investment Instruments |
1 |
3.4 |
Platforms and Charting Tools |
4.8 |
3.4 |
Deposit and Withdrawal |
4.6 |
3.7 |
Research |
5 |
3.5 |
Education |
4.8 |
2.3 |
Support |
4.7 |
3.2 |
Bonuses |
5 |
2.4 |
|
Your capital is at risk.
|
Your capital is at risk.
|
CoinEx vs Lbank: Pros and Cons
The CoinEx exchange is a multifunctional platform that combines the functions of the cryptocurrency market and a crypto exchange. Bitcoin, Ethereum, USDT, and dozens of other cryptocurrencies and tokens are at the trader’s disposal. Assets are exchanged and traded relative to each other, and there are pairs with world currencies, the most prominent contracts are with USD. The exchange has a large trading volume, and thanks to the patented lightning-quick match engine, the company guarantees the simultaneous stability of thousands of orders, each of which is reliably protected. The site has its proprietary CET coin, which is issued daily. In addition to the web version of the trading terminal, there’s is a user-friendly mobile application. Fees are fixed and they depend on the trading level and the presence/absence of VIP status.
The Lbank crypto exchange offers a convenient service for margin, futures, options, and ETF cryptocurrency trading. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Ripple and dozens of other cryptocurrencies, and tokens are available for trading on the exchange. The US dollar and Chinese yuan are represented from fiat currencies, direct credit card deposits and cryptocurrency purchases are possible without depositing your own funds. A simplified service for fast trading is integrated into the exchange. The platform allows investing in third-party blockchain projects with a flexible deposit and high interest rates. There is a one-level referral program. The key feature of the exchange is an objectively low fixed commission on trading transactions (0.1%).
| CoinEx | Lbank | |
|---|---|---|
| Overall Pros | large trading volumes, loads of cryptocurrencies, and tokens; | tons of cryptocurrencies and tokens, margin, futures, options, and ETF trading; |
| convenient and functional mobile application; | two fiat currencies — US dollar and Chinese yuan, most deposit/withdrawal options are available, including debit cards; | |
| low fees (especially with VIP status); | ||
| you can get the status of a market maker and an ambassador; | direct purchase of cryptocurrency using bank cards and accounts is possible; | |
| profitable investment programs for passive income on unused cryptocurrency; | ||
| ViaBTC investmen platform | standard referral program with interest payments from the commission of the invited user; | |
| DEX exchange is supported | non-obligatory FYC verification, high level of on-site security | |
| round-the-clock professional technical support. | ||
| regulated crypto exchange | ||
| large trading volumes, loads of cryptocurrencies, and tokens; | ||
| convenient and functional mobile application; | ||
| low fees (especially with VIP status); | ||
| You can get the status of a market maker and an ambassador; | ||
| legal license for digital assets; | ||
| the company has a reserve fund; | ||
| Overall Cons | affiliate program for ambassadors only | no demo accounts, training programs, or specialized solutions for beginners; |
| absence of investment programs | connection with the technical support of the company is only by email; | |
| no call center. | ||
CoinEx vs Lbank: Safety and Regulation
| Regulated By: | CoinEx | Lbank |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Estonian Financial Intelligence Unit (FIU). |
No |
CoinEx vs Lbank: Trading Conditions
| Trading Conditions | CoinEx | Lbank |
|---|---|---|
Minimum Deposit |
$1 |
No |
Trading Platforms |
CoinEx |
TradingView |
Max Leverage (Futures) |
44562 |
No |
Number of Markets |
1007+ |
497+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
Cryptos, USD, CNY |
CoinEx vs Lbank: Fees
Trading Fees
| Fee | CoinEx | Lbank |
|---|---|---|
Max Maker |
0.2% |
0.10% |
Max Taker |
0.2% |
0.10% |
Min Maker |
0 |
0.10% |
Min Taker |
0.04% |
0.10% |
Debit/Credit Card Purchase Fee |
0 |
0 |
Futures Trading fees
| Fee | CoinEx | Lbank |
|---|---|---|
Max Maker |
0.03% |
0.10% |
Max Taker |
0.05% |
0.10% |
Min Maker |
-0.0150% |
0.10% |
Min Taker |
0.0250% |
0.10% |
Non-Trading Fees
| Fee | CoinEx | Lbank |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
Not supported |
BTC Withdrawal Fee |
0.0001 BTC |
0.0001 |
Inactivity Fee |
No |
No |
CoinEx vs Lbank: Trading Assets
| Asset Name | CoinEx | Lbank |
|---|---|---|
Overall |
594+ |
497+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
No |
IOTA (MIOTA) |
Yes |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
No |
Crypto ETF |
No |
No |
CoinEx or Lbank: Investment Programs
| Asset Name | CoinEx | Lbank |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
Trading Platforms: Lbank or CoinEx
| CoinEx | Lbank | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Lbank or CoinEx
| CoinEx | Lbank | |
|---|---|---|
SMS Based 2 FA |
Yes |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
No |
Filters |
Yes |
No |
Technical Analysis: Lbank or CoinEx
| CoinEx | Lbank | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Lbank or CoinEx
| CoinEx | Lbank | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Lbank or CoinEx
| CoinEx | Lbank | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
CoinEx vs Lbank: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | CoinEx | Lbank |
|---|---|---|
Bank Transfer |
Yes (Only deposit) |
Yes |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
CoinEx vs Lbank: Research
| Research Type | CoinEx | Lbank |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
CoinEx vs Lbank: Education
| Education Type | CoinEx | Lbank |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
No |
Videos |
No |
No |
Webinars |
No |
No |
Lbank vs CoinEx: Support
| Support Features | CoinEx | Lbank |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
CoinEx vs Lbank: Crypto Bonuses and Promo
| Promo | CoinEx | Lbank |
|---|---|---|
Crypto Bonus |
Learn crypto and Earn it |
No |
Affiliate Program |
The affiliate program is available only to ambassadors (partners) of the site. All users who came to the site using the ambassador's referral link bring him a profit expressed as a percentage of the fees for the transactions: up to $500,000 — 40% of fees are paid; up to $2,500,000 — 45% of fees are paid; up to $10,000,000 — 50% of the fees are paid. |
Each user who follows your referral link and registers at the site will become your referral (partner). The advantage of a referral to register through your link is that he will get a welcome bonus on the first deposit of 20%. Your benefit is tremendous. For each referral, you get 20% of commission for all his further trading transactions. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Lbank
-
Comment
Customer support is slow to respond, and security concerns are unsettling. Additionally, the lack of clear information about transaction fees can make it challenging for users to accurately assess the costs of trading on Lbank, further adding to the frustration and dissatisfaction among clients. Lbank falls short of expectations, and I would advise caution when using it.
-
Comment
They called from Lbank Exchange and said that they take all the funds from my deposit to the account in payment for a telephone conversation with the manager. And they chose the tone, well, very persistent and arrogant! They stole $450 from me! Shame is simple, it's just thieves!
-
Comment
Lbank is a scam. The conditions that are allegedly offered for trading tend to change. It turns out that the benefit is doubtful from trading in this company. You can try, of course, to trade here, but I don’t think anyone will like it.
-
Comment
I started trading on Lbank in 2020. Everything went fine and I even managed to withdraw my first profit. Over time, the company has significantly improved its service and diversified its range of assets. In addition to actively trading on this platform, I also passively invest here. The staking conditions are just fine.
-
Comment
A perfect Lbank exchange is still far away, but over time it may well take a place at the top. In many respects, the exchange is already winning against a background of competitors because it has a loyal commission policy, a wide variety of assets, and opportunities for both active and passive earnings. During the six months that I have been trading here, I have not seen problems with either the execution of transactions or the withdrawals of profit. The service works 24/7. The minuses include a weak support team and the lack of a variety of communication channels.
Top 5 Reviews on CoinEx
-
Comment
I've had a mixed experience with CoinEx, but generally it was positive, thanks to its user-friendly interface, wide range of supported cryptocurrencies, and competitive trading fees. However, there is room for improvement in areas such as customer support and security, which the exchange could address to further enhance the overall user experience.
-
Comment
I have been working with this crypto broker for 7 months now. In general, I am satisfied with the work, sometimes there are problems with the site. You can ignore this. There were other options, but the choice of CoinEx turned out to be successful!
-
Comment
Quickly withdraw money, support works efficiently, always explains everything and helps. It would seem, what else is lacking for a trader? Just a license is not enough for me, without it it’s somehow restless all the same. But otherwise CoinEx is excellent. I recommend.
-
Comment
Well… Just for trading CoinEx will do. In a sense, the conditions are adequate, the commission does not look like a robbery, and the choice of tools is normal. But if you, say, want to delve into analytics, then CoinEx will no longer work. There are very few analytics. So it is only enough for beginners. With a deposit of $ 1, I think this is just the option for beginners. If anything, you can also contact support, they always answered me quickly and to the point. But you won’t get additional income in CoinEx: there are no investment offers, and the referral program, which surprised me, is only for ambassadors. And then there are the freezes. In short, it’s better not to worry and just trade, and then find a broker to invest.
-
Comment
It seems to me that for those who are just starting their journey in cryptocurrency trading, CoinEx is ideal. Everything you need is here, such as an intuitive platform that does not need to be individually installed on your device, there are plenty of assets for trading, the minimum deposit is only $1, and there are basic training materials. So at least newbies will not be very busy and will learn information gradually. That's exactly how it was for me. First, I read the guides in CoinEx, then I went to look for additional information, plus I honed my skills in parallel.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.