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Platform review/crypto

LBank

Is LBank safe? It scores D on our five safety checks, passing 2 of 5 — Flexible withdrawal, Track record (2+ years incident-free); not passed: Regulation, Proof-of-Reserves, Insurance Fund. Every check below cites the evidence behind it and links its source. See how it ranks against the other 42 venues we grade →

#14 of 22USDT2.9 %#11 of 22USDC3.1 %#14 of 25BTC0.15 %#25 of 36ETH1.4 %
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Safety grade
D
2 of 5 criteria passed
🔴High risk
Verified Sep 26, 2026 Auto-sync
JurisdictionBritish Virgin Islands (governing law of LBank's user agreement)Founded2015Minimum—Insurance Fund—Yield products15Unavailable inAF, AG, AZ, BD +27
The five checks

Why this grade

Is LBank safe? →
5 criteria · check each one
  • ✗

    Regulation

    No licence from a financial regulator. LBK Exchange Limited is registered as a money services business with FinCEN (US, 31000328501557) and FINTRAC (Canada, M22603388) — anti-money-laundering registrations, not a licence to hold client funds — and LBank does not serve US or Canadian residents. Japan's FSA warned LBank in June 2024 for operating a crypto exchange without registration. The user agreement is governed by the laws of the British Virgin Islands. Source 1 → Source 2 → Source 3 →

  • ✗

    Proof-of-Reserves

    LBank announced a Merkle-tree proof of reserves in November 2022, and a February 2024 support article lists two wallet addresses. We found no published report with reserve figures or coverage ratios. Source 1 → Source 2 →

  • ✓

    Flexible withdrawal

    Spot Earn is flexible: redeem at any time, interest calculated daily. The only pause is a daily 30-minute settlement window when positions cannot be exited. Source →

  • ✗

    Insurance Fund

    No protection fund covering hacks or loss of client funds found. LBank's loss-compensation programmes, including a $100M fund, cover futures trading losses from price spikes — not assets held in custody. Source 1 → Source 2 →

  • ✓

    Track record (2+ years incident-free)

    Operating since 2015. We found no confirmed hack or loss of client funds: a "2023 hot-wallet breach" repeated by some review sites cites no primary source, and we found none. The 2024 warning from Japan's FSA is counted under regulation. Source →

Track record

Incidents we count

Known incidents

1
  • June 2024 Japan's FSA warned LBank for operating a crypto-asset exchange without registration. Source →
Rates

All LBank products

Yield products

as of Sep 26, 2026
Product Rate Type Lock
TRX 9.0 % flexible — Open LBank →
USDD 5.0 % flexible — Open LBank →
USDC 3.1 % flexible — Open LBank →
SOL 3.0 % flexible — Open LBank →
GRAM 3.0 % flexible — Open LBank →
USDT 2.9 % flexible — Open LBank →
USDY 2.5 % flexible — Open LBank →
NEAR 2.0 % flexible — Open LBank →
SEI 1.5 % flexible — Open LBank →
POL 1.5 % flexible — Open LBank →
ETH 1.4 % flexible — Open LBank →
ADA 1.3 % flexible — Open LBank →
HYPE 1.2 % flexible — Open LBank →
SUI 1.0 % flexible — Open LBank →
BTC 0.15 % flexible — Open LBank →
Calculator

What would LBank pay you?

How much will you earn?

USDD
Interest
+51.1619 USDD
Total
1,051.1619 USDD
On LBank:+0.1402per day·+4.1667per month·+51.1619per year

Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.

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This is not an affiliate link. Price for you doesn't change.

Alternatives

Compare LBank with others

Asset-by-asset rates and risk grades

LBankvsBackpack ExchangeLBankvsBinance EarnLBankvsBingX EarnLBankvsBISONLBankvsBitfinexLBankvsBitget EarnLBankvsBitpanda StakingLBankvsBitrueLBankvsBitstampLBankvsBitunixLBankvsBitvavo StakingLBankvsBybit EarnLBankvsCoinbase cbETHLBankvsCoinbase EarnLBankvsCoinDepoLBankvsCoinEx EarnLBankvsCrypto.comLBankvsEarnParkLBankvsGate.io EarnLBankvsGeminiLBankvsHTXLBankvsJitoLBankvsKraken EarnLBankvsKuCoinLBankvsLednLBankvsLidoLBankvsLune.fiLBankvsMarinadeLBankvsMantle (mETH)LBankvsMEXC EarnLBankvsNebeusLBankvsNexoLBankvsOKX EarnLBankvsRobinhood CryptoLBankvsRocket PoolLBankvsFrax (sfrxETH)LBankvsStakeWise (osETH)LBankvsTelegram WalletLBankvsToobitLBankvsUpholdLBankvsWhiteBITLBankvsYouHodlerAlternatives: LBank →

Frequently asked questions

Is LBank safe?
In our assessment LBank has a risk grade of D: it passes 2 of 5 reliability criteria — Flexible withdrawal, Track record (2+ years incident-free); not passed: Regulation, Proof-of-Reserves, Insurance Fund. Jurisdiction: British Virgin Islands (governing law of LBank's user agreement), operating since 2015. The grade is a guide, not a guarantee; the decision is always yours.
Is LBank legit or a scam?
LBank is an operating platform: registered in British Virgin Islands (governing law of LBank's user agreement), running since 2015, with 1 incident on our record, the latest in June 2024. We don't label platforms "scam" or "legit" — we check five public facts instead, and LBank passes 2 of 5: Flexible withdrawal, Track record (2+ years incident-free); not passed: Regulation, Proof-of-Reserves, Insurance Fund. This is a data review, not user reviews; every check on this page links its source.
What are the rates on LBank?
The current top rate on LBank is around 9.0 % APY (per our data, updated regularly). 15 assets are available: stablecoins, BTC, ETH and more. Exact rates, product type and terms are in the table above.
Can I withdraw quickly from LBank?
Yes. LBank offers flexible products with no lock period, so you can withdraw at any time. Some fixed-term products have an explicit lock period, shown in the table.
What is the minimum deposit on LBank?
The minimum deposit is around $0. Note: the platform isn't available in every country — check the regional restrictions above.

Do you work at LBank? The grade above is ours and is not for sale, but the right of reply is. Buy a page and write your own side →

⚠️ High-risk platform

Proceed anyway →