Lbank vs MXC: Fees, Coins, Safety Comparison
| Feature | Lbank | MXC |
|---|---|---|
Overall |
3.0 |
3.3 |
1 |
3.2 |
|
3.7 |
2.9 |
|
3.9 |
4.1 |
|
Investment Instruments |
3.4 |
3.8 |
Platforms and Charting Tools |
3.4 |
3.0 |
Deposit and Withdrawal |
3.7 |
3.1 |
Research |
3.5 |
2.7 |
Education |
2.3 |
2.5 |
Support |
3.2 |
3.4 |
Bonuses |
2.4 |
3.9 |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
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Lbank vs MXC: 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%).
The MXC cryptocurrency exchange (MXC.com) has been operating since 2018. The company is registered in Singapore, which is a loyal digital asset jurisdiction. The platform offers clients trading and P2P exchange services. The main specialization of the trading platform is to provide clients with crypto/crypto trading services with currencies such as Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). The undoubted bright side of the platform is access to cryptocurrency ETF funds.
| Lbank | MXC | |
|---|---|---|
| Overall Pros | tons of cryptocurrencies and tokens, margin, futures, options, and ETF trading; | 120+ cryptocurrencies for trading; |
| two fiat currencies — US dollar and Chinese yuan, most deposit/withdrawal options are available, including debit cards; | receive additional income through staking and holding; | |
| an affiliate program with income up to 80% of the deposit of the invited trader. | ||
| direct purchase of cryptocurrency using bank cards and accounts is possible; | ||
| profitable investment programs for passive income on unused cryptocurrency; | ||
| 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; | commissions of 0.2% per trade; |
| connection with the technical support of the company is only by email; | withdrawal fees (0.0005 BTC for Bitcoin); | |
| no call center. | lack of support for fiat currencies for trading; | |
| no MAM or PAMM accounts; | ||
| mandatory verification. |
Lbank vs MXC: Safety and Regulation
| Regulated By: | Lbank | MXC |
|---|---|---|
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 MXC: Trading Conditions
| Trading Conditions | Lbank | MXC |
|---|---|---|
Minimum deposit, USD or USDT |
100 CNY |
1 |
Futures leverage |
125 |
125 |
Spot leverage |
1 |
5 |
Supported Coins |
650 |
2276 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
Lbank vs MXC: Fees
| Fee | Lbank | MXC |
|---|---|---|
Spot Taker fee |
0,1 |
0,05 |
Spot Maker fee |
0,1 |
No |
Futures Taker fee |
0,06 |
0,02 |
Futures Maker fee |
0,02 |
No |
Deposit fee |
No |
No |
Withdrawal fee |
0,0005 BTC 0,01 ETH |
0,0003 BTC |
P2P taker fee |
Not supported |
0,2 |
P2P fee rate, maker fee |
Not supported |
0,2 |
Lbank vs MXC: Trading Assets
| Asset Name | Lbank | MXC |
|---|---|---|
Coins Supported |
650 |
2276 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
No |
Futures |
Yes |
Yes |
Lbank or MXC: Investment Programs
| Asset Name | Lbank | MXC |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: MXC or Lbank
| Lbank | MXC | |
|---|---|---|
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: MXC or Lbank
| Lbank | MXC | |
|---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
No |
Yes |
Filters |
No |
Yes |
Technical Analysis: MXC or Lbank
| Lbank | MXC | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: MXC or Lbank
| Lbank | MXC | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: MXC or Lbank
| Lbank | MXC | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
Lbank vs MXC: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Lbank | MXC |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Lbank vs MXC: Research
| Research Type | Lbank | MXC |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Lbank vs MXC: Education
| Education Type | Lbank | MXC |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
No |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
MXC vs Lbank: Support
| Support Features | Lbank | MXC |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
Ticket |
Lbank vs MXC: Crypto Bonuses and Promo
| Promo | Lbank | MXC |
|---|---|---|
Crypto Bonus |
No |
Rewards Center |
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. |
MXC.com pays customers up to 80% of the affiliate's replenished amount. |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on MXC
-
Comment
Every login or withdrawal requires confirmation, which is great because security is my top priority. I’ve never faced any hacks or issues.
-
Comment
So, I’ve been using MEXC for a while now, and honestly, one of the things I appreciate is the variety of coins they offer. It’s not just the popular ones, they’ve got some niche tokens that you don’t see everywhere. That kind of variety keeps things interesting. The interface is pretty straightforward too, no confusing menus or hidden features, just what I need to trade without much hassle. What I like is how the withdrawal process isn’t unnecessarily complicated. You can get your funds out without jumping through hoops, and the fees seem reasonable to me, especially compared to some other places I’ve tried. They also have these bonuses now and then, which are a nice little perk. One thing that could be better, though, is the mobile app. It works fine, but it feels a bit slower compared to the desktop version. Still, nothing deal-breaking.
-
Comment
My interaction with the MEXC platform is mainly for spot trading, and I really like their no-fee structure, especially for altcoins. The trading interface is super fast, and I’ve noticed trades go through almost instantly, which is a dealbreaker for me. They also offer a solid selection of crypto pairs which makes diversifying pretty easy. However, I wish their fiat withdrawal options were more convenient as it’s a bit tricky without direct bank transfers. But overall, it's been reliable for quick trades.
-
Comment
MXC is a reliable broker! The order execution speed is normal, spreads are tight, and technical support works well and quickly. I don't think I'll find a better broker. I am glad I chose MXC.
-
Comment
I can't say that this company is top. Slippages occur here as everywhere else. Withdrawals are good and take from a few hours to a few days. I'm a patient person, so I'll wait and see if there are any improvements. For now, my rating for mxc is 3 plus.
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.