Lbank vs KuCoin: Fees, Coins, Safety Comparison
| Feature | Lbank | KuCoin |
|---|---|---|
Overall |
3.0 |
4.5 |
1 |
2.7 |
|
3.7 |
4.5 |
|
3.9 |
5.0 |
|
Investment Instruments |
3.4 |
4.8 |
Platforms and Charting Tools |
3.4 |
4.7 |
Deposit and Withdrawal |
3.7 |
4.6 |
Research |
3.5 |
4.3 |
Education |
2.3 |
4.8 |
Support |
3.2 |
3.8 |
Bonuses |
2.4 |
4.4 |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Lbank vs KuCoin: 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%).
KuCoin surfaced in 2017, and within years it has developed into one of the largest crypto exchanges by trading volume. Apart from basic trading options, the platform also offers peer-to-peer (P2P) trading, margin, and futures trading. It also allows users to lend or stake their currencies to win rewards and has relatively lower trading fees than the competitors. If you’re a US trader, you need to sign up for a KuCoin account to use KuCoin; however, the features are limited.
| Lbank | KuCoin | |
|---|---|---|
| Overall Pros | tons of cryptocurrencies and tokens, margin, futures, options, and ETF trading; | Trading With Leverage up to 1:100 |
| two fiat currencies — US dollar and Chinese yuan, most deposit/withdrawal options are available, including debit cards; | Derivatives, NFT Available | |
| Low trading and non trading fees | ||
| direct purchase of cryptocurrency using bank cards and accounts is possible; | Passive Income With Staking and Mining Pool | |
| profitable investment programs for passive income on unused cryptocurrency; | Great bonus program | |
| standard referral program with interest payments from the commission of the invited user; | ||
| Overall Cons | no demo accounts, training programs, or specialized solutions for beginners; | Not regulated |
| connection with the technical support of the company is only by email; | Limited access in the US | |
| no call center. |
Lbank vs KuCoin: Safety and Regulation
| Regulated By: | Lbank | KuCoin |
|---|---|---|
Government-regulated |
Yes |
No |
U.S Regulated |
Yes |
No |
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 KuCoin: Trading Conditions
| Trading Conditions | Lbank | KuCoin |
|---|---|---|
Minimum deposit, USD or USDT |
100 CNY |
1 |
Futures leverage |
125 |
100 |
Spot leverage |
1 |
10 |
Supported Coins |
650 |
799 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
Lbank vs KuCoin: Fees
| Fee | Lbank | KuCoin |
|---|---|---|
Spot Taker fee |
0,1 |
0,12 |
Spot Maker fee |
0,1 |
0,10 |
Futures Taker fee |
0,06 |
0,06 |
Futures Maker fee |
0,02 |
0,02 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0005 BTC 0,01 ETH |
0,0004 BTC 0,003 ETH |
P2P taker fee |
Not supported |
No |
P2P fee rate, maker fee |
Not supported |
No |
Lbank vs KuCoin: Trading Assets
| Asset Name | Lbank | KuCoin |
|---|---|---|
Coins Supported |
650 |
799 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
Yes |
Futures |
Yes |
Yes |
Lbank or KuCoin: Investment Programs
| Asset Name | Lbank | KuCoin |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: KuCoin or Lbank
| Lbank | KuCoin | |
|---|---|---|
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: KuCoin or Lbank
| Lbank | KuCoin | |
|---|---|---|
SMS Based 2 FA |
Yes |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
No |
Yes |
Filters |
No |
Yes |
Technical Analysis: KuCoin or Lbank
| Lbank | KuCoin | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: KuCoin or Lbank
| Lbank | KuCoin | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: KuCoin or Lbank
| Lbank | KuCoin | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
Lbank vs KuCoin: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Lbank | KuCoin |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Lbank vs KuCoin: Research
| Research Type | Lbank | KuCoin |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Lbank vs KuCoin: Education
| Education Type | Lbank | KuCoin |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
Yes |
Articles |
No |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
KuCoin vs Lbank: Support
| Support Features | Lbank | KuCoin |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
Lbank vs KuCoin: Crypto Bonuses and Promo
| Promo | Lbank | KuCoin |
|---|---|---|
Crypto Bonus |
No |
Crypto Bonuses up to $500 |
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. |
40% of the partner's trading commissions |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on KuCoin
-
Comment
Overall the app is cool. The highlight for me has been me buying coins on KuCoin using my credit card through the fast trade feature, and it’s been quick and easy. I don’t have to wait long, which is a plus when I want to make fast trades. But their customer support took a while to get back to me once, and that was frustrating. They did help out though once they got to me.
-
Comment
I really like how KuCoin offers so many coins, even those that are hardly available on other platforms. Fees are cheaper than other places, which is great. The only thing is, the app sometimes glitches when I’m trading, and I have to reopen it, which sucks when I'm in a rush. Still, it’s been my main platform because I save on costs.
-
Comment
One of the things I appreciate most about KuCoin is their fee structure. It’s honestly pretty competitive compared to some other exchanges I’ve tried. The trading fees are low, especially if you use KCS tokens to pay. I think that’s a smart move because it encourages me to hold some of their native tokens, which have gone up in value from time to time. Another thing I like is their lending feature. I’ve been able to lend out some of my stablecoins and earn decent interest on them. The process is easy to understand, and the returns, while not huge, are steady and better than just letting my crypto sit idle. But, KuCoin’s customer support could use a bit of improvement. When I’ve had questions or minor issues, it took a while to get a response through their support tickets. That said, the platform itself is reliable, and I’ve never had any issues with security. I feel confident storing a portion of my portfolio there.
-
Comment
I first got into KuCoin because I was looking for a platform that offered a wide range of coins, and I have to say, their selection is pretty solid. What stood out to me was how easy it is to switch between spot trading and futures. I’ve used other platforms before, but KuCoin’s interface is quite intuitive, so I didn’t feel lost trying to figure it out. I also like the fact that they offer staking. I’ve been staking a few altcoins, and while the returns aren’t crazy high, it’s still passive income, so no complaints there. Their mobile app is also pretty smooth. Sometimes I check prices or make quick trades while I’m on the go, and I’ve never had a major issue with the app freezing or crashing. However, I’ve noticed that withdrawals can be a bit slower compared to other platforms I’ve used. I usually receive my funds within a couple of hours, but on busy days it can take longer. That’s something to be aware of if you’re in a rush. All in all, KuCoin has worked well for me, especially
-
Comment
KuCoin provides access to a wide range of digital assets, including many lesser-known or niche coins. Despite this, my encounter with KuCoin has been nothing short of frustrating . On numerous occasions, I've encountered issues with deposits, withdrawals, or trade executions. I cannot in good conscience recommend this exchange to anyone looking for a reliable and trustworthy platform for trading cryptocurrencies.
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.