Does LBank have airdrops?

LBank does have very frequent airdrops for their customers. On LBank, airdrops work slightly differently: First, users need to hold at least 1,000 USDT or an equivalent amount in LBK (native token) in their exchange wallet during the snapshot date. Then, users also need to specifically register for each airdrop event. This can be done on the Airdrop page in the Bonus Center. Lastly, customers will also need to complete at least one spot or futures trade of the token being airdropped. On most crypto trading exchanges, users typically only need to hold a certain number of native tokens, or have specific USDT balances or thresholds to participate. LBank also has an added requirement of completing a trade. In addition to the bonus airdrops, LBank customers can also participate in Launchpool events, which have the same requirements as airdrops.

Does LBank require KYC?

KYC or identity verification is not mandatory on LBank exchange. Except fiat deposits and withdrawals, all features of the exchange are available to users without the need to submit identity documents. Unverified users can trade crypto on spot or futures, invest in staking, use copytrading, and other platform's features. For unverified users, crypto withdrawals are limited to 300,000 USDT per 24 hours.

Can LBank be used in United States?

According to LBank's Terms of Use, the exchange does not service customers from the United States. LBank has optional KYC (identity verification), so some users from USA have been known to use the exchange by trading crypto with VPN services. However, we always advise using crypto exchanges that are fully available in your jurisdiction. Find exchanges in US. You can check a full list of LBank's Available Countries and Restrictions in our exchange review. Other major countries where LBank is restricted include Hong Kong, China and Russia, among others.

Does LBank have a native token?

LBank used to have a native token with a ticker $LBK. View on CoinMarketCap. However, this token has been repurchased and phased out. LBank to suspend $LBK trading and withdrawals (initial announcement, July 2025) LBK Buyback page LBank to initiate $LBK repurchase (January 2026) The only reason cited for removal of the native token were compliance requirements, and no other details have been given. While the token was live, there was very little use case for owning it. Unlike on other exchanges such as Binance or KuCoin, using the native token did not entitle you to lowered trading fees, airdrops, launchpool event participation, or other benefits. If you hold LBK tokens you should visit LBank's Buyback page to see if you can receive USDT instead.

How to use LBank referral code?

By using LBank referral code "3ICD2" during account registration, you will apply a 15% trading fee discount to your account. There are no downsides or other requirements needed. Using the code is simple. Start by clicking on "Start" to create a new account on LBank, and input the code in the "Referral Code" field during registration. Alternatively, you can also use this link to signup and the code will be pre-filled. Again, there are no drawbacks or downsides to using the code. You only get the benefits!

Are there new user or signup rewards available?

LBank's "Bonus Center" has a number of new user tasks for a total of 6,000 USDT value. To obtain some of the bonuses, users need to complete certain tasks in their first 7-14 days after account registration. Tasks include a certain amount of funds deposited, and trading on Spot and Futures markets. For example, the simplest requirement is to deposit over 10 USDT and trade on Spot market over 100 USDT volume. The reward is random and can include 4% Flexible Staking boost coupons, or futures bonuses between 2 USDT and 200 USDT. Other newcomer rewards can be viewed on LBank's website here. The rewards can in the form of tokens (actual crypto tokens you can use or withdraw), fee cashback, or futures bonuses (funds you can trade with but not directly withdraw).

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Additional $100 signup bonus when using our referral signup link.

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Fiat withdraw

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Mobile App

No KYC

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional 15% fee discount when using our referral signup link.

Additional $10,000 signup bonus when using our referral signup link.

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Visa/Mastercard: 3.5%

View all deposit & withdraw fees

Safety

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Number of users: 20 million

Licenses & registrations: 5

No Proof of Reserves

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Last 24h trade volume (in BTC): 18,607

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