LBank is a popular cryptocurrency exchange that was co-founded by Allen Wei and Eric He in 2018. This exchange offers hundreds of crypto pairs from DeFi, GameFi, and many other altcoins and stablecoins, and can be used for trading Spot markets Futures and Derivatives.

Features

LBank 9 key point overview:

1. ✔️Overview
2. ✔️Features
3. ✔️Product offering
4. Payment methods
5. Tokenomics
6. Wallets
7. How to open an account
8. Customer Support
9. What makes LBank special

Overview

👉 The LBank bonus center offers rewards for completing tasks and you can enter trading competitions to stand a chance to win free crypto.

👉 Currently, there are high-value prize pools for HAM and FND tokens. LBank also offers flexible staking programs and an academy with plenty of educational resources, which is why we recommend this exchange to beginners.

👉 Let’s take a more detailed look at all the features and products LBank offers:

Features

👉 The LBank Academy is a great place to start if you are new to crypto trading. Here, you will find beginner-friendly guides on:

➡️️​ NFTs,

➡️️​ DAOs (decentralized autonomous organizations)

➡️️​ The Metaverse,

➡️️​ Safety and security measures you can take when trading,

➡️️​ Earning passive income through staking and more.

👉 There are also several intermediate-level guides that you can find by topic, as well as beginner tutorials and articles written by expert analysts.

👉 To access the academy, click on the menu icon on the right side of the menu bar and select “LBank Academy” from the drop-down menu.

👉 Apollo is LBank’s special marketplace where you can buy tokens from trending and upcoming crypto projects and protocols.

👉 This marketplace offers tokens from protocols like Solana, Chainlink, Polkadot and dozens of others. To view the latest token sales, click on the “Ear” tab and navigate to “Apollo”.

👉 With LBank Earn, you have access to flexible staking and token locking programs. You can either deposit and withdraw tokens any time, or lock them in pools for a fixed period to get higher returns.

👉 Some of the staking pools you can join include Bitcoin, Ethereum, Polkadot, Binance and many others.

👉 LBank offers a wide range of staking pools for dozens of tokens and we highly recommend staking on this exchange if you have any idle tokens.

👉 To join a staking pool or lock your tokens, simply click on the “Earn” tab and choose either the “Flexible” option or “Locked” and click on “Join now” once you’ve chosen a pool.

👉 You can also buy rare NFTs from LBank exchange and if you’re an artist, you can easily upload your work to LBank and sell your NFTs on the exchange.

👉 To browse the NFT marketplace, click on the “Earn” tab and select “NFT” from the drop-down menu.

👉 This exchange also has a venture capital arm called LBank Labs, which means that promising projects stand a chance of getting investment support and guidance directly from LBank.

👉 The portfolio currently includes projects from Polkadot, Solana, Vechain, Avalanche, the NEAR protocol and several others.

👉 The LBank incubation team collectively has more than 50 years of industry experience, so if you’re working on a new project, we highly recommend submitting it to LBank.

👉 To learn more about LBank Labs, click on the menu icon on the right side of the screen and select “LBank Labs”.

👉 If you like getting things for free, you can earn crypto from the LBank Bonus Center by simply completing tasks and getting rewarded for doing so.

👉 The tasks you would need to complete range from trading a specified amount on spot markets, staking tokens, buying crypto using your credit card or opening a Futures account.

👉 You can also earn free crypto if you create 3 trading strategies.

👉 To earn your share, head over to the rewards section by clicking on the “Bonus Center” tab.

👉 Now that you know more about the features of the LBank exchange, let’s discuss the products on offer:

Product offering

👉 LBank is a popular exchange for trading Derivatives, Futures and Spot markets.

👉 This exchange offers more than 480 crypto pairs from GameFi and DeFi, as well as dozens of NFTs, stablecoins, Polkadot tokens and other altcoins.

👉 Once you’ve opened an account, you can either buy crypto by using the LBank mobile app or by clicking on the “Markets” tab if you’ll be using the web exchange.

👉 You can also click on the “Trade” tab to access the spot markets and grid trading strategies or click on “Derivatives” to trade ETFs and derivative instruments.

👉 You will also be able to view live price updates directly from the home page.

Payment methods

👉 With LBank exchange, you can buy crypto by using your Credit or debit card and most fit currencies are accepted.

👉 You’ll be able to use Moonpay, Simplex, Banxa, Mercuryo, Conify, Transak or Advcash if you are using a card.

👉 You can also buy and sell crypto directly on the Peer-2-Peer exchange and LBank offers one-click payments where you can instantly buy crypto directly from the exchange.

👉 To buy crypto from LBank exchange, click on the “Buy Crypto” tab and select a payment method from the drop-down menu.

Tokenomics

👉 No token

Wallets

👉 LBank does not currently offer a proprietary wallet, but we recommend transferring your assets to one of the following third-party wallets:

👉 Trust Wallet is free to download and use, and supports a total of more than 160,000 coins and digital assets, which can easily be traded and managed directly from the wallet.

👉 Trustwallet is a great option if you’ll be collecting NFTs because you can store them in this wallet.

👉 The MetaMask software wallet can be used to conveniently buy, sell and trade cryptocurrencies using the built-in exchange and it allows you to connect directly to a variety of blockchain apps.

👉 The Ledger hardware wallet is available in the Nano S and the Nano X models and using Ledger Live, you can buy and exchange over 5,000 coins and tokens. This wallet offers secure offline storage, it is compatible with 50 third-party wallets and can store up to 100 dApps.

👉 Simply create an account and link your wallet address to your LBank account.

How to open an account

You can easily create an account with LBank in a few easy steps.

Step 1: Visit the LBank website

Visit the official LBank to start the process of opening an account

Step 2: Click on the “Register” button.

To open an account with LBank, open the home page and click on the “Register” button.

Step 3: Fill in the form.

You can sign up with your email address and you will be required to fill in your personal details. Once you have created your account, you must verify your email address or mobile number.

👉 Once your account is verified and complete, you can make your first deposit and start trading!

Customer Support

👉 Now that you’ve opened an account, all you need to do is fund it and buy some crypto.

👉 If you have any questions aout managing your account, buying crypto or anything else, you can contact the support team 24 hours a day via live chat.

👉 We also recommend visiting the FAQ section to view answers to some of the most common questions and you can read through the user guides provided.

What makes LBank special

👉 LBank is one of the most-trusted crypto exchanges globally.

👉 This exchange has been around for many years and offers hundreds of crypto and altcoin pairs from popular blockchain projects and protocols.

👉 By opening an account with LBank, not only will you have access to bonus offers, high-quality educational resources and plenty of cryptocurrencies, but you’ll also be able to stake your tokens and earn more through the LBank rewards program.

👉 Open your account today and start building your crypto portfolio with LBank!