LBank is a cryptocurrency trading platform licensed from the National Futures Association, money services businesses in Australia and Canada.
What is LBank, What Does It Do?
Ledger Bank Exchange or LBank Exchange is a cryptocurrency exchange founded in 2015. Cryptocurrency exchanges are platforms that allow investors to trade in the cryptocurrency ecosystem that started with Bitcoin. With the formation of various cryptocurrencies, exchanges that can be traded safely have also emerged in line with the need. Different investors from each country are involved in cryptocurrency exchanges. There are elements that investors primarily pay attention to on platforms where various crypto currency trading takes place. To these; The size of the transaction volume and the security of personal data can be given as examples.
LBank is also one of the leading cryptocurrency exchanges. With blockchain technology, it is defined not only as a trading platform, but also as a bridge to the international market. In addition, LBank has obtained compliance licenses from digital asset service providers of many countries such as Australia and Canada. It provides secure digital asset services to over 50 countries and over 5 million investors. LBank is designed for the most secure, smooth and effective trading services to investors. Currently, it supports crypto asset trading, derivatives services, grid strategy and DeFi mining services.
How Does LBank Exchange Work?
LBank is a Hong Kong-based cryptocurrency exchange. The platform is owned and operated by Superchains Network Technology Co. Ltd.. LBank lists over 90 cryptocurrencies and has over 180 trading pairs. It is also a suitable cryptocurrency exchange for beginners. It has solutions such as quick account creation, mobile application and educational resources. It also offers advanced trading tools such as trading demos and APIs for experienced traders. Besides, it provides hot and cold storage wallets to keep funds safe.
LBank attaches great importance to security and allows users to apply two-factor authentication while logging in. In addition to this, LBank offers minimum transaction fees and draws attention in terms of withdrawal fees. Taking security very seriously, LBank is a platform that has survived more than 5 years without any major security breaches. LBank provides a web-based trading platform. It offers a simple experience for users with an intuitive interface. It uses technical analysis indicators to provide the best trading opportunities for users. Examples of these indicators are CCI, RSI, KDJ and MACD. It aims to increase its performance by taking advantage of such solutions. After users create an account on the platform, they only need to make a deposit. Tools can be used to trade cryptocurrencies.
LBank Features
- LBank has multi-device compatibility. Users can access from both desktop computers and mobile devices for quality trading services.
- With SSL and 2FA supporting the website, LBank is a secure platform for everyone. It also uses cold and hot storage wallets to secure users’ assets.
- LBank allows users to buy and sell many popular digital currencies at minimum prices.
- Training resources are available for beginners. It provides the information you need to get started as quickly and smoothly as possible.
- Options such as Spot, Quantitative, Finance and Futures wallet are also available for seasoned traders. Also, clients can use Grid, Futures and Spot Orders.
- Clients also have access to trading APIs for earning opportunities at any time.
Advantages
- It is a platform that is easy to use and understand.
- Low transaction fees are available. Withdrawals are free.
- Mobile application is available.
- It has advanced trading tools.
- The account creation process is quite fast.
- Additional services are provided to new investors with educational resources.
- It has 2FA and cold-hot storage wallets.
- Supports over 90 cryptocurrencies.
- It is sufficient in terms of liquidity.
Disadvantages
- Some countries have limited access.
- Customer support can be slow in some cases.
- Limited for English speaking countries.
- Payment methods are limited. It lacks fiat currency compatibility, margin trading and payment methods.
