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).

Onchain Trading Crypto Exchanges

Read Review

Link bonus:

: 10%

: $100

#1 Binance

4.8/5

World’s biggest exchange by volume – High liquidity on all trading pairs – Trading fee discounts with native token – Cheap fiat deposits – Reliable and trusted

: 550+

: 2017

: ₿ 118,119

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Recurring & scheduled buy

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: 0.05%

Additional 10% fee discount when using our referral signup link.

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

Fiat deposit fees:

Visa/Mastercard: 2%
ACH (USD): $1 (US only)
SEPA (EUR): No fee
GBP: 1 GBP
SWIFT: Min. €0.5, max. 1.2%

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 300 million

Insurance fund: 1.0 billion USD

Licenses & registrations: 22

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 550

Last 24h trade volume (in BTC): 118,119

High trading volume

High liquidity

Read Review

Link bonus:

: 10%

: $30,000

#2 Bybit

4.8/5

Cheap fiat deposits and withdrawals – Beginner friendly with quick purchase and convert – Solid amount of quality mid-cap altcoins – $30,000 in signup bonuses – Reliable and trusted since 2018

: 750+

: 2018

: ₿ 29,552

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

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: 0.055%

Additional 10% fee discount when using our referral signup link.

Additional $30,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 1.10% EU, 2.70%-3.05% Non-EU
SEPA (EUR): 0.19% (€1 min.)
GBP: 0.92% via ZEN
SWIFT: 0.25% or 0.51% (min. €15 or €25)

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 80 million

Licenses & registrations: 8

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 750

Last 24h trade volume (in BTC): 29,552

High trading volume

High liquidity

Read Review

Link bonus:

: 20%

: $6,666

#3 Gate

4.8/5

Variety of wire and card deposits – Fiat withdrawals – Over $6,500 in welcome rewards – Crypto ATM card – 500+ altcoins for staking – Over 2,000 altcoins listed for trading – Excellent Web3 wallet – Safe and reliable – Very low trading fees

: 2,200+

: 2013

: ₿ 25,466

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

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: 0.05%

Additional 20% fee discount when using our referral signup link.

Additional $6,666 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2.5%
SEPA (EUR): 0.5%
GBP: 0.5%

View all deposit & withdraw fees

Safety

Exchange launched in 2013

Number of users: 50 million

Licenses & registrations: 13

Proof of Reserves

Highly regulated

Volume & Altcoins

Number of altcoin pairs: 2200

Last 24h trade volume (in BTC): 25,466

High trading volume

High liquidity

Read Review

Link bonus:

: 20%

: $10,000

#4 OKX

4.7/5

One of the largest exchanges – Reliable and safe – Top tier Web3 wallet – Inscriptions & NFT marketplace – Good APY for flexible staking – Low fees – Up to $10,000 welcome rewards

: 350+

: 2017

: ₿ 24,175

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.08%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.05%

Additional 20% fee discount when using our referral signup link.

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

Fiat deposit fees:

Visa/Mastercard: 1.50% to 2.49%
SEPA (EUR): No fee
SWIFT: No fee

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 120 million

Licenses & registrations: 5

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 350

Last 24h trade volume (in BTC): 24,175

Read Review

Link bonus:

: $6,200

#5 Bitget

4.5/5

Lots of interest-earning assets available for staking and savings – Up to $6,200 bonus for new users – Quick convert for beginner traders – Large amount of cheap altcoins not listed on other exchanges

: 700+

: 2018

: ₿ 15,111

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

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 $6,200 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 1.8%
SEPA (EUR): 0% or 0.5%

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 120 million

Insurance fund: 560 million USD

Licenses & registrations: 10

Proof of Reserves

Highly regulated

Volume & Altcoins

Number of altcoin pairs: 700

Last 24h trade volume (in BTC): 15,111

Read Review

Link bonus:

: $10,000

#6 MEXC

4.1/5

Easy buys with cards or bank transfers – Up to $8,000 in signup bonuses – Frequent large trading competitions – Very low trading fees – No mandatory KYC – Massive selection of low-cap altcoins

: 2,900+

: 2018

: ₿ 33,597

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Crypto ATM cards

Recurring & scheduled buy

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: 0.05%
Spot Taker Fee: 0.05%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.04%

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

Fiat deposit fees:

Visa/Mastercard: 2%
SEPA (EUR): €1.25

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 40 million

Insurance fund: 470 million USD

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 2900

Last 24h trade volume (in BTC): 33,597

Read Review

Link bonus:

: 10%

: $8,100

#7 BYDFi

4.0/5

Excellent Futures UI – Lots of altcoins – On-chain trading – Tokenized stocks – Optional KYC – Virtual Visa

: 1,000+

: 2020

: ₿ 2,871

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

No KYC

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.10%
Spot Taker Fee: 0.10%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional 10% fee discount when using our referral signup link.

Additional $8,100 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2% EEA, 3.5% UK&US, 2.8% elsewhere
ACH (USD): 0.08% to 2%
SEPA (EUR): 0.08% to 2%
SWIFT: 0.08% to 2%

View all deposit & withdraw fees

Safety

Exchange launched in 2020

Number of users: 1 million

Insurance fund: 80 million USD

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1000

Last 24h trade volume (in BTC): 2,871

Read Review

Link bonus:

: $3,000

#8 BitMart

3.7/5

Registered and available in US – Direct fiat deposits through cards – 3rd party fiat deposit & withdraw with bank transfers and cards – Lots of staking & savings assets – $3,000 welcome bonus

: 1,250+

: 2018

: ₿ 44,468

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

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 $3,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 6%

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 12 million

Licenses & registrations: 3

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1250

Last 24h trade volume (in BTC): 44,468

Read Review

Link bonus:

: 5%

: $5,125

#9 BingX

4.2/5

Over $5,000 bonuses for new users – Trade SPX, NASDAQ, and other indices – Trade commodities like gold or silver – Forex trading – Great selection of altcoins – No mandatory KYC

: 1,050+

: 2018

: ₿ 14,513

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional 5% fee discount when using our referral signup link.

Additional $5,125 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 3.8%
SEPA (EUR): No fee
SWIFT: No fee

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 40 million

Insurance fund: 150 million USD

Licenses & registrations: 2

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1050

Last 24h trade volume (in BTC): 14,513

Read Review

Link bonus:

: $50

#10 Crypto.com

4.1/5

Great for beginners – Easy deposits with cards or bank transfers – Debit Visa with cashback rewards – Highly regulated and reliable – Staking – Gift cards

: 400+

: 2019

: ₿ 27,601

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.25%
Spot Taker Fee: 0.50%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.04%

Additional $50 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2.99%
ACH (USD): No fee
SEPA (EUR): No fee
GBP: No fee
SWIFT: No fee

View all deposit & withdraw fees

Safety

Exchange launched in 2019

Number of users: 150 million

Insurance fund: 120 million USD

Licenses & registrations: 25

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 400

Last 24h trade volume (in BTC): 27,601

Read Review

#11 Coinbase

3.7/5

Considered the best and easiest fiat gateway – Good for beginners – High fees unsuitable for frequent traders – Available in most countries – Debit spending cards

: 350+

: 2012

: ₿ 25,399

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.6%
Spot Taker Fee: 1.2%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.04%

Fiat deposit fees:

Visa/Mastercard: 3.99%
ACH (USD): Free
SEPA (EUR): €0.15
GBP: Free
SWIFT: GBP free, USD $25

View all deposit & withdraw fees

Safety

Exchange launched in 2012

Number of users: 100 million

Licenses & registrations: 56

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 350

Last 24h trade volume (in BTC): 25,399

High trading volume

High liquidity

Read Review

Link bonus:

: $8,800

#12 Phemex

3.5/5

Up to $8,800 welcome rewards for new users – Cheap fiat deposits and withdrawals – Excellent UI – Demo trading and quick convert suitable for beginner traders – Optional KYC

: 650+

: 2019

: ₿ 10,393

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.06%

Additional $8,800 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 0.8% - 3.5%
ACH (USD): 0.08% to 2%
SEPA (EUR): 0.08% to 2%
GBP: 0.08% to 2%
SWIFT: 0.08% to 2%

View all deposit & withdraw fees

Safety

Exchange launched in 2019

Number of users: 10 million

Licenses & registrations: 4

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 650

Last 24h trade volume (in BTC): 10,393

Read Review

Link bonus:

: 15%

: $6,000

#13 LBank

3.6/5

Operating since 2015 – One of the best memecoin trading exchanges – Easy card & bank purchases through 8 different gateways – Good volume – Optional KYC

: 1,000+

: 2015

: ₿ 25,321

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

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 $6,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 3.5%

View all deposit & withdraw fees

Safety

Exchange launched in 2015

Number of users: 20 million

Licenses & registrations: 5

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1000

Last 24h trade volume (in BTC): 25,321

Onchain Trading Crypto Exchanges

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#1 Binance

#2 Bybit

#3 Gate

#4 OKX

#5 Bitget

#6 MEXC

#7 BYDFi

#8 BitMart

#9 BingX

#10 Crypto.com

#11 Coinbase

#12 Phemex

#13 LBank

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Onchain Trading Crypto Exchanges

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Trading Competitions

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Active filters:

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On-Chain Trading: DeFi Without the Drama

What Is On-Chain Trading, Anyway?

How Does It Work?

On-Chain Trading Is The Future

Decentralized Trading Made Easy

Latest related Onchain news: