LBank is a cryptocurrency exchange platform that was founded in 2016 by a Chinese company called Superchains Network Technology Co. Ltd. Since Chinese regulations regarding cryptocurrencies and ICO’s are strict, the exchange’s headquarters are based in Hong Kong. This means that LBank does not have an official registration. The platform is positioned like a cryptocurrency asset management resource, which means that it allows only crypto-to-crypto trading.
LBank operates primarily in Asian markets; however, it is also popular among traders from around the globe. The exchange utilizes modern practices such as two-factor login and transaction authentication and SSL encrypted servers to provide its users with high security rate. The traders can remain anonymous. They are not required to send any documents for identification.
In spring 2018, LBank’s trading volume began to grow drastically.
The maker and taker fees at LBank are 0.10%, which makes them competitive if compared to other players of the cryptocurrency exchange market.
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