Lbank vs Coinbase: Fees, Coins, Safety Comparison
| Feature | Lbank | Coinbase |
|---|---|---|
Overall |
3.0 |
4.6 |
1 |
4.8 |
|
3.7 |
3.5 |
|
3.9 |
4.4 |
|
Investment Instruments |
3.4 |
3.7 |
Platforms and Charting Tools |
3.4 |
3.6 |
Deposit and Withdrawal |
3.7 |
4.0 |
Research |
3.5 |
4.5 |
Education |
2.3 |
4.8 |
Support |
3.2 |
4.8 |
Bonuses |
2.4 |
4.6 |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Lbank vs Coinbase: Pros and Cons
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%).
Coinbase is a popular cryptocurrency exchange, especially sought-after among novice traders. It allows you to trade all cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, BitcoinCash, and others. You will find a web version and an application for a smartphone based on iOS or Android. The crypto exchange provides services to users from 100 countries with more than 43 million active traders registered on the exchange. The total assets on the platform are equivalent to over USD 90 billion. The exchange brings to the table one-of-a-kind training programs that allow you to earn money during the learning process by improving your expertise in the crypto market. Learn what Coinbase is and how the exchange works.
| Lbank | Coinbase | |
|---|---|---|
| Overall Pros | tons of cryptocurrencies and tokens, margin, futures, options, and ETF trading; | 2 FA authentication |
| two fiat currencies — US dollar and Chinese yuan, most deposit/withdrawal options are available, including debit cards; | Low minimum deposit | |
| Passive income with staking | ||
| direct purchase of cryptocurrency using bank cards and accounts is possible; | You can earn up to $32 in crypto while learning crypto | |
| profitable investment programs for passive income on unused cryptocurrency; | Solid regulation | |
| standard referral program with interest payments from the commission of the invited user; | Strong liquidity | |
| Overall Cons | no demo accounts, training programs, or specialized solutions for beginners; | Max leverage is 1:1 |
| connection with the technical support of the company is only by email; | High trading and non-trading fees | |
| no call center. | Indicators not available | |
| Derivatives, NFT, ETF not available |
Lbank vs Coinbase: Safety and Regulation
| Regulated By: | Lbank | Coinbase |
|---|---|---|
Government-regulated |
Yes |
Yes |
U.S Regulated |
Yes |
Yes |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
No |
No |
Other countries |
Canada |
Lbank vs Coinbase: Trading Conditions
| Trading Conditions | Lbank | Coinbase |
|---|---|---|
Minimum deposit, USD or USDT |
100 CNY |
10 |
Futures leverage |
125 |
10 |
Spot leverage |
1 |
3 |
Supported Coins |
650 |
249 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
Lbank vs Coinbase: Fees
| Fee | Lbank | Coinbase |
|---|---|---|
Spot Taker fee |
0,1 |
0,5 |
Spot Maker fee |
0,1 |
0,5 |
Futures Taker fee |
0,06 |
0,02 |
Futures Maker fee |
0,02 |
0,04 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0005 BTC 0,01 ETH |
Fixed fee - 25 USD PayPal - 1,5% USDC - 10 USD |
P2P taker fee |
Not supported |
0.05 - 0.60 |
P2P fee rate, maker fee |
Not supported |
0 - 0.40 |
Lbank vs Coinbase: Trading Assets
| Asset Name | Lbank | Coinbase |
|---|---|---|
Coins Supported |
650 |
249 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
No |
Futures |
Yes |
Yes |
Lbank or Coinbase: Investment Programs
| Asset Name | Lbank | Coinbase |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
No |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Coinbase or Lbank
| Lbank | Coinbase | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Coinbase or Lbank
| Lbank | Coinbase | |
|---|---|---|
SMS Based 2 FA |
Yes |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
Yes |
Search Bar |
No |
Yes |
Filters |
No |
Yes |
Technical Analysis: Coinbase or Lbank
| Lbank | Coinbase | |
|---|---|---|
Indicators |
Yes |
No |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Coinbase or Lbank
| Lbank | Coinbase | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Coinbase or Lbank
| Lbank | Coinbase | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
Lbank vs Coinbase: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Lbank | Coinbase |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Lbank vs Coinbase: Research
| Research Type | Lbank | Coinbase |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Lbank vs Coinbase: Education
| Education Type | Lbank | Coinbase |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
No |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
Coinbase vs Lbank: Support
| Support Features | Lbank | Coinbase |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Lbank vs Coinbase: Crypto Bonuses and Promo
| Promo | Lbank | Coinbase |
|---|---|---|
Crypto Bonus |
No |
You can earn crypto learning crypto |
Affiliate Program |
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. |
You get $10 when your invitee completes a buy or sell of $100 USD. |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Coinbase
-
Comment
I recommend the cold wallet Wallet Coinbase – this way you can reduce the risk of your account being blocked (which can happen for any reason, including the investigation of the coins' origin). The wallet is very convenient. It supports most of the top cryptocurrencies, all Ethereum-compatible networks, allows you to work with DeFi liquidity pools and DEX exchanges, and to create, manage, and configure NFTs. Deposits and withdrawals are done in just a few clicks.
-
Comment
I’m a freelancer and get paid in cryptocurrency. And I want to highlight the convenience of working with Coinbase in this regard. The exchange issues its own Visa card, which I use to pay in many stores, both with cash and cryptocurrency. The fee is from the payment system. And another plus: selling cryptocurrency can be considered income, for which I would have to pay taxes. However, if I pay with the Visa/Coinbase card using USD or USDC (the exchange's stablecoin), no tax obligation arises.
-
Comment
Maybe my review will seem ordinary. But this is just my experience. After missing out on several successful listings like NOT and Dogs, I caught FOMO and wanted to take a risk with literally a couple of hundred dollars. I was choosing between several exchanges. In the end, I logged into Binance, Coinbase, MEX, and Bybit. In terms of account management comfort, I liked Coinbase the most. It’s an intuitive platform with a minimum of necessary tools. In terms of functionality and trust – Bybit, because it faces less regulatory pressure. As a result, I transferred 80% of my cryptocurrency to my Coinbase wallet and increased the deposit.
-
Comment
Nowadays, you can compare all other exchanges to Binance and Bybit. In my opinion, they are too "fancy," overloaded with different features, confusing products, and tools that take hours to figure out, and then one careless click – and you're at a loss. Maybe some people find it interesting to dig into all this, but I prefer the simpler and more reliable Coinbase. The liquidity level for trading top coins here is on par with Binance. There’s no P2P, but there are many withdrawal payment methods. There are basic tools: coins with potential growth (new ones) for staking, passive earnings with USDC, etc. In my opinion, Coinbase is the golden mean between useful functionality and reliability.
-
Comment
The platform's fees are notably high compared to other exchanges, eating into profits and making trading less attractive. Additionally, Coinbase's customer support can be slow and unresponsive. Overall, while Coinbase may be popular, its high fees, sluggish customer support, and limited coin offerings make it less than ideal for many traders.
Top 5 Reviews on Lbank
-
Comment
LBank: An excellent choice for calm and profitable trading LBank is a crypto exchange that has pleasantly surprised me. Pros: No intrusive marketing: Unlike many other exchanges, LBank does not pester traders with calls and messages. Growing market: There is a positive trend on the exchange, which opens up opportunities for profitable trading. Successful withdrawals: I recently withdrew $3,000 with no problems, making a profit from $600. Favorable trading conditions: LBank offers competitive trading commissions, fast order execution and good liquidity. My opinion: LBank is a great choice for those who are looking for a reliable and calm cryptocurrency trading exchange. The exchange is suitable for both experienced traders and beginners. Recommended!
-
Comment
Lbank is honest and reputable, so you confidently open an account here and trade.
-
Comment
I would like to say good words about Lbank. Its trading conditions are attractive, and it consistently meets expectations. Withdrawals are good as well. For 3 months that I've been using its platform, I've been impressed with its reliability. I haven't had any reason to file any complaints.
-
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!
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.