LBank review: score, licensing and risks
54/100SCORE · DCaution
Grade D, caution
LBank lists a very large number of tokens, often early. It holds no meaningful licence, listing standards are minimal, and its reported volumes have attracted persistent scepticism. Use it to reach a specific token rather than to hold funds.
The facts
- FOUNDED
- 2015
- HEADQUARTERS
- Cayman Islands
- CUSTODY
- Custodial.
- MiCA / EEA
- Not authorised.
- US ACCESS
- No.
- PROOF OF RESERVES
- No standard proof of reserves publication.
- FEES
- Around 0.10 percent.
- ASSETS
- 900 plus
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- Very wide asset listing, often early
✗ Weaknesses
- No meaningful regulatory standing
- Listing standards are minimal
- Persistent questions about reported volume
- Thin support
Incident history
No major security breach or regulatory action on record.
Our read
A long tail listing venue with no meaningful oversight and long standing questions about how much of its reported volume is real. Reach a token and leave.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.