Lbank vs OKEx: Fees, Coins, Safety Comparison
| Feature | Lbank | OKEx |
|---|---|---|
Overall |
3.0 |
4.5 |
1 |
4.4 |
|
3.7 |
5.0 |
|
3.9 |
4.6 |
|
Investment Instruments |
3.4 |
5.0 |
Platforms and Charting Tools |
3.4 |
4.2 |
Deposit and Withdrawal |
3.7 |
4.1 |
Research |
3.5 |
3.9 |
Education |
2.3 |
4.7 |
Support |
3.2 |
4.1 |
Bonuses |
2.4 |
4.2 |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Lbank vs OKEx: 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 OKEx crypto exchange is a platform for exchanging and trading cryptocurrencies, that offers over 400 trading pairs, including pairs with fiat funds. Bitcoin, Litecoin, Ethereum, Cardano, as well as other cryptocurrencies and tokens are traded on the platform. Funds can be deposited from debit cards (Visa, MC), bank accounts, cryptocurrency, and e-wallets. There are spot and margin trading, futures, perpetual swaps, options, and DEX. Four investment solutions with flexible periods are presented.
| Lbank | OKEx | |
|---|---|---|
| Overall Pros | tons of cryptocurrencies and tokens, margin, futures, options, and ETF trading; | Low trading fees |
| two fiat currencies — US dollar and Chinese yuan, most deposit/withdrawal options are available, including debit cards; | 350+ supported coins | |
| spot and margin trading, futures and other options; | ||
| direct purchase of cryptocurrency using bank cards and accounts is possible; | Crypto academy | |
| profitable investment programs for passive income on unused cryptocurrency; | universal cryptocurrency wallet and mining pool; | |
| standard referral program with interest payments from the commission of the invited user; | training academy with detailed courses and guides; | |
| non-obligatory FYC verification, high level of on-site security | low commissions that are additionally reduced with an increase in trading volume. | |
| Overall Cons | no demo accounts, training programs, or specialized solutions for beginners; | Limited access in the US |
| connection with the technical support of the company is only by email; | ||
| no call center. |
Lbank vs OKEx: Safety and Regulation
| Regulated By: | Lbank | OKEx |
|---|---|---|
Government-regulated |
Yes |
Yes |
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 OKEx: Trading Conditions
| Trading Conditions | Lbank | OKEx |
|---|---|---|
Minimum deposit, USD or USDT |
100 CNY |
10 |
Futures leverage |
125 |
125 |
Spot leverage |
1 |
10 |
Supported Coins |
650 |
329 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
Lbank vs OKEx: Fees
| Fee | Lbank | OKEx |
|---|---|---|
Spot Taker fee |
0,1 |
0,1 |
Spot Maker fee |
0,1 |
0,08 |
Futures Taker fee |
0,06 |
0,05 |
Futures Maker fee |
0,02 |
0,02 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0005 BTC 0,01 ETH |
0,0004 BTC 2,6 USDT |
P2P taker fee |
Not supported |
No |
P2P fee rate, maker fee |
Not supported |
No |
Lbank vs OKEx: Trading Assets
| Asset Name | Lbank | OKEx |
|---|---|---|
Coins Supported |
650 |
329 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
Yes |
Futures |
Yes |
Yes |
Lbank or OKEx: Investment Programs
| Asset Name | Lbank | OKEx |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: OKEx or Lbank
| Lbank | OKEx | |
|---|---|---|
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: OKEx or Lbank
| Lbank | OKEx | |
|---|---|---|
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: OKEx or Lbank
| Lbank | OKEx | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: OKEx or Lbank
| Lbank | OKEx | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: OKEx or Lbank
| Lbank | OKEx | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
Lbank vs OKEx: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Lbank | OKEx |
|---|---|---|
Bank Transfer |
Yes |
No |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Lbank vs OKEx: Research
| Research Type | Lbank | OKEx |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
Lbank vs OKEx: Education
| Education Type | Lbank | OKEx |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
Yes |
Articles |
No |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
OKEx vs Lbank: Support
| Support Features | Lbank | OKEx |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
Lbank vs OKEx: Crypto Bonuses and Promo
| Promo | Lbank | OKEx |
|---|---|---|
Crypto Bonus |
No |
100 satoshi for Make a demo trade,Subscribe to an Earn product, Trade any amounts of crypto, Refferal welcome bonus up to $100 |
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. |
Up to $500 |
|
Your capital is at risk. Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on OKEx
-
Comment
I came to the OKX exchange because of its large selection of trading pairs — really over 400 options, including pairs with fiat and stablecoins. I was pleasantly surprised by the 0.06% fee, which turned out to be lower for me than on the previous platform where I traded. I started with a minimum deposit of $1, initially testing the market a bit with limit orders. In the first month, I made a profit of 53 USDT without making aggressive trades. I liked the functionality of swapping between cryptocurrencies without unnecessary restrictions.
-
Comment
I was drawn to the OKX platform because of its academy with guides and crypto courses — a rare feature for exchanges. It offers both a trading terminal and a separate wallet with access to liquidity pools. However, the leverage is limited to 1:1, which reduces flexibility. On the plus side, there are referral rewards — up to 10 USDT and bonuses based on trading volume. Still, the lack of a fully localized Russian version of the website makes navigation a bit more difficult.
-
Comment
OKX is a good fit for those who prefer a broad ecosystem. It offers derivatives, options, and a DEX. You can trade using both market and limit orders. With a 0.08% commission, it’s cost-effective for high-volume trading — plus, discounts apply. Support is available 24/7, though not always responsive. On the downside, not all coins are available for direct withdrawal, especially in smaller amounts.
-
Comment
The OKX platform provides access to over 400 trading pairs, including pairs with 30 global currencies. This is convenient, especially if you’re trading not only in crypto but also looking to use stablecoins. Leverage is fixed at 1:1, with no margin trading. On the plus side, the mobile app is stable, and there’s a built-in crypto wallet with access to mining. The downside is noticeably higher fees on fiat transactions.
-
Comment
Made some decent profits on OKX recently using a scalping strategy with Uniswap (UNI). Basically, buying low and selling high within short timeframes to capture small price movements. It's a bit nerve-wracking, but it can be profitable if you're quick on your toes. OKX's platform is alright for scalping, but the mobile app needs some work. The charts can get laggy sometimes, especially during high-volume periods. Not ideal when you need to react fast to make a trade. Would love to see them improve the app's performance for mobile traders. Overall, happy with the platform for scalping, but the mobile app could definitely be smoother.
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.