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LBank Exchange Review: Fees, Features, Security, and How It Compares to Revolut in 2025

LBank is a long-running centralized cryptocurrency exchange best known for its breadth of altcoin listings, competitive maker and taker fees, and a feature set designed for active traders who want access to both spot and derivatives markets. If you are researching the best crypto exchanges and bitcoin exchanges for buying and selling digital assets like BTC and ETH, you will likely encounter LBank alongside high-volume trading venues. This in-depth LBank Exchange Review explores how the platform works, its strengths and limitations, and how it compares to a modern banking alternative such as Revolut, which focuses primarily on currency exchange, multi currency accounts, money transfer, and integrated financial services for personal and business customers.

Because many readers compare a crypto trading platform with a digital bank or a fintech super app, this guide also weaves in an extensive look at Revolut’s currency exchange rates, subscription plan options, and banking services, showing clearly where each solution fits. You will find details on LBank’s trading experience, supported assets, deposit and withdrawal methods, security and compliance, advanced features, fee structure, customer support, and useful alternatives if you need more regulation or fiat banking tools such as a bank account, a Revolut card for card transactions, or stock trading through Revolut Securities Europe UAB. Let’s dive in.

What Is LBank

LBank is a crypto exchange that focuses on a wide array of listings, including major currencies like Bitcoin and Ethereum as well as emerging tokens. It offers an order book driven market for both spot trading and derivatives, along with features such as margin trading, copy trading, grid trading, and savings or staking style products. Its appeal is strongest among traders who want access to multiple markets and crypto pairs in one place with a simple fee schedule and a user friendly interface.

Unlike a normal bank or digital banks that provide a bank account and direct debits, LBank is a cryptocurrency trading platform where you deposit digital assets or use third party fiat gateways to purchase crypto. LBank does not operate as a bank account or a multi currency account in the traditional sense, and it does not aim to replace broader banking services such as cash withdrawals from ATMs, overdraft facility options, or instant spending notifications for daily card usage. Instead, it is built for cryptocurrency trading, liquidity access, and execution tools.

Key Features at a Glance

Spot and derivatives markets with deep order books across many currency pairs in crypto
Low base trading fees with VIP tiers and token based discounts aimed at active traders
Advanced order types including limit, market, and risk controls for volatility in bitcoin exchanges
Copy trading and grid trading tools for systematic strategies and social trading followers
API access for quants and automated strategies with latency aware endpoints
Earn style products like staking or savings on select assets, plus periodic token sales and launch events
P2P options and third party on ramps for bank transfer style funding in select regions
Security stack with account 2FA, withdrawal whitelists, and infrastructure level controls

Trading Experience on LBank

For traders choosing among the best crypto exchanges, the trading interface is a deciding factor. LBank presents a familiar layout for spot and futures markets with charts, order book depth, recent trades, and order entry panels. Execution speed and liquidity matter since exchange rates on a crypto order book can move quickly unlike a fixed interbank exchange rate you might see for currency conversion at a digital bank.

Interface and Order Types

LBank supports market and limit orders for quick fills or precise entries. Advanced controls such as stop orders and OCO are useful for managing risk on volatile currency pairs like BTC USDT or ETH USDT, and there are margin options for experienced users who understand leverage. The interface is user friendly and aimed at personal customers who want clear visibility into the order book and position management, but it also offers enough depth for business customers who run automated strategies via API and need reliable endpoints.

Liquidity and Supported Assets

LBank’s catalog is a highlight. You will find major currencies such as BTC, ETH, USDT, and USDC, along with a long tail of altcoins that appeal to speculative traders. This variety is a core reason why certain bitcoin exchanges earn a reputation for discovery and early listings. Keep in mind that trading thinner markets may introduce slippage. Transparent fees and competitive exchange rates in the order book depend on liquidity and market makers, not on a fixed exchange rate. Always check the specific pair’s depth before entering larger orders so you can benchmark the effective exchange fee you are paying through spread and slippage.

Fees and Discounts

LBank’s base maker taker fees are typically low compared to many competitors, with VIP tiers that reduce costs as your 30 day volume increases. The platform also offers discounts via its ecosystem token and periodic promotions. Depositing crypto is generally fee free aside from blockchain network costs. Withdrawals incur network fees that fluctuate. If you use a third party service to purchase crypto with a card or bank transfer, those providers set currency conversion fees and any foreign transaction fees in their checkout flow. Overall, the fee model is straightforward for spot and futures, and most users will find the total cost of trading competitive when factoring in maker rebates or tiered discounts that reward activity.

Deposits, Withdrawals, and Fiat Gateways

LBank is a crypto first platform. You can deposit digital assets directly to your exchange wallet. If you want to on ramp from fiat, LBank integrates third party providers and P2P marketplaces where buyers and sellers can exchange money through methods such as bank transfer, debit card payments, or regional e wallets. Some third party checkouts support Apple Pay or Google Pay, but availability is regional and subject to the provider’s rules. Because LBank is not a bank account, you will not have direct ATM withdrawals or cash withdrawals on the platform. If you need to withdraw money back to your local currency, you typically sell crypto to fiat through a provider and then transfer money to your own bank account.

For readers who prioritize currency exchange, transparent fees, and fee free allowances on card transactions, a digital bank like Revolut offers multi currency accounts, a Revolut card, and a Revolut app with instant transfers and budgeting tools. Those banking services differ from a crypto exchange. LBank focuses on digital asset markets and gives you a place to trade multiple currencies in crypto, not a replacement for direct debits or a physical card for everyday spending.

Security and Compliance

Security practices are central when evaluating the best crypto exchanges. LBank implements account protection and infrastructure safeguards designed to isolate hot wallets, reduce attack surface, and provide operational continuity.

Account Security

Two factor authentication for logins and withdrawals
Anti phishing codes and withdrawal address whitelists
Device management and session monitoring to reduce account takeover risk

Good hygiene includes unique passwords, hardware based 2FA where available, and small test withdrawals to confirm addresses. Users should also be cautious of scams and phishing messages on social media.

Asset Protection and Transparency

LBank uses a blend of cold wallet storage for long term reserves and hot wallet liquidity for day to day operations. As with many bitcoin exchanges, users increasingly expect proof of reserves with on chain attestations and third party verification. Always check LBank’s current transparency reports to confirm the latest methodology and asset coverage. Remember that a crypto exchange is not a normal bank and does not provide deposit insurance. Your balances are not a bank account, and electronic money regulations that apply to an e money institution do not automatically cover a crypto trading venue.

Compliance, KYC, and Geography

Know your customer and anti money laundering controls are standard. LBank has KYC tiers that may limit withdrawals and access until verification is completed. Availability varies by region, and some jurisdictions including the United States may not be supported. If you need a fully licensed fiat stack with a banking license or e money authorization, a solution like Revolut Bank UAB or its entities for investment products may be more appropriate for currency exchange and integrated financial services. LBank remains a crypto exchange where your primary activity is trading, not running direct debits or managing a free account with monthly limits for card usage.

LBank vs Revolut: Crypto Exchange vs Digital Bank

Readers often search for a Revolut exchange review when comparing apps. Revolut’s core strength is in everyday money tasks: currency exchange at or near the interbank exchange rate during market hours, multi currency accounts for major currencies, and features like instant spending notifications, in app chat, and budgeting tools. Revolut operates as a modern banking platform with a tiered subscription model including a standard account, premium accounts, and other premium features with a monthly fee or annual fee. Its banking services include bank transfer tools, direct debits, and a physical card for ATM withdrawals and card transactions, plus disposable virtual cards for online security. Revolut customers can manage personal details, transfer money internationally with transparent fees, and use Google Pay integration in compatible markets. Business accounts through Revolut business support business customers with international transfers, priority support, and competitive exchange rates on currency conversion.

LBank, by contrast, is tailored for cryptocurrency trading. It does not provide a Revolut account, nor does it position itself as a replacement for a bank account. Instead of interbank exchange rate based currency conversion, LBank provides exchange rates formed by buyers and sellers in the order book. When you exchange money on LBank you are swapping digital assets at market prices, which can be more volatile than traditional currency exchange. Where Revolut offers fee free allowances up to monthly limits and clearly itemized currency conversion fees, LBank’s costs are primarily the maker taker fee and blockchain network fees on withdrawals. Revolut’s integrated financial services can include stock trading via Revolut Securities Europe UAB, allowing users to buy and sell stocks in the Revolut app. LBank offers crypto trading only and does not manage equities or standard banking services.

Choosing between them depends on your primary use case. If you want crypto market access, volatility, and advanced features like margin, copy trading, and futures on bitcoin exchanges, LBank is the better fit. If you want a digital bank with transparent fees for foreign transaction fees, a user friendly app for currency conversion, and premium plans that bundle travel insurance and priority support, Revolut makes sense. Many users keep both: a crypto account for digital assets and a Revolut premium or standard account for daily finance, cash withdrawals from ATMs when traveling, and multi currency accounts for exchange money at competitive exchange rates.

Who Should Use LBank

Altcoin discoverers who want access to new listings and a wide range of crypto currency pairs
Active traders who value low fees, liquidity, and advanced order types
Copy traders and grid strategy users who want automated tools inside the exchange
Developers and quants who need a stable API for trading bots
Users comfortable managing their own crypto custody risks and security settings

If you are seeking a platform that doubles as a bank account with a debit card, multi currency accounts, and a complete suite of banking services, LBank is not designed for that role. A Revolut review would emphasize in app chat support, instant transfers, and integrations like Google Pay, while LBank remains focused on crypto execution and exchange rates derived from crypto order books rather than a fixed interbank exchange rate.

Alternatives to LBank

When comparing the best crypto exchanges and bitcoin exchanges, you may also consider these options depending on your needs:

Coinbase and Kraken for highly regulated on ramps in the United States and Europe, with strong compliance and a simpler interface for beginners
Binance, OKX, Bybit, or KuCoin for deeper liquidity, wide product selection, and advanced features similar to LBank
Revolut for currency exchange, a Revolut card, and integrated financial services including stock trading, budgeting tools, and international transfers for personal and business customers

Evaluate each provider’s exchange fee, supported countries, proof of reserves policies, and customer support responsiveness. Keep in mind that digital asset platforms and digital banks serve different needs. A banking license and electronic money regulations apply to Revolut’s banking entities, while crypto exchanges operate under distinct frameworks and risk profiles.

Getting Started on LBank

Onboarding is straightforward for most regions that LBank supports:

Create an account using a secure email address, enable 2FA immediately, and set up anti phishing protections
Complete KYC if you want higher withdrawal limits and access to all features
Deposit crypto from a self custody wallet or another exchange, or use a third party fiat on ramp to purchase crypto via bank transfer or card
Select a market such as BTC USDT, review the order book depth, and place a limit or market order
Manage open orders and positions, set stop losses, and monitor funding or financing if you use margin or derivatives
When withdrawing, verify addresses via whitelist and consider a small test transaction before moving larger amounts

For ongoing use, consider organizing your activity. Separate long term holdings from active trading balances and review your fee tier periodically. If you plan to use API keys, scope permissions carefully and rotate keys on a regular schedule. These are good practices on any of the best crypto exchanges.

Fees on LBank: A Deeper Look

Understanding costs helps you select the right platform for your strategy. On LBank the main categories include:

Spot trading fees with maker and taker tiers, potentially reduced by higher volume or token based discounts
Derivatives trading fees including funding rates that move with market conditions
Deposit and withdrawal fees, where crypto deposits are typically free and network withdrawal costs depend on blockchain congestion
P2P or third party fiat on ramp fees, which vary by provider, payment method, and region

Compared to a Revolut account where currency conversion fees and monthly limits for fee free allowances are laid out in a subscription plan, crypto exchanges like LBank rely on variable market dynamics. Your effective exchange rates are impacted by spread, depth, and slippage. Active traders should benchmark total cost of ownership including spreads and funding. Passive investors may focus on keeping fees low with maker orders and avoiding thinly traded pairs.

Customer Support and Education

LBank provides a help center and ticketing support, with chat assistance available on the website or in the app interface. Response times vary with demand. Educational content includes FAQ articles on deposits, withdrawals, security, and product guides for futures or grid strategies. For comparison, Revolut’s in app chat is a differentiator for many Revolut customers, with premium accounts often receiving priority support as part of the tiered subscription model. Both platforms emphasize user education but with different scopes: LBank focuses on crypto trading mechanics while Revolut covers banking services, currency conversion, and investment options like stock trading.

Advanced Features for Active Traders

LBank’s advanced toolset can appeal to traders who want more than straight spot purchases:

Copy trading lets you follow strategy leaders and allocate funds proportionally
Grid trading automates buy low sell high within a band, useful in range bound markets
API endpoints support bots for market making, arbitrage, and execution algos
Earn style programs for passive yield on select coins with variable rates and lockups
Launch events or token sales that provide access to new projects early, with associated risks

As always, advanced features come with risk. Leverage can magnify losses, and yield programs depend on protocol or counterparty risk. Make sure your risk controls are set and that you understand liquidation mechanics on derivatives markets.

Pros and Cons of LBank

Pros

Extensive crypto listings and currency pairs, including many altcoin markets
Competitive exchange fees with VIP tiers and token discounts
Advanced trading tools such as copy trading and grid bots
Feature rich interface suitable for active traders and API users

Cons

Not a bank account and not a replacement for multi currency accounts or direct debits
Regional access and KYC requirements vary, with some users restricted
No integrated cash withdrawals or ATM withdrawals; relies on third party fiat providers
Crypto volatility and market structure mean exchange rates are variable versus an interbank exchange rate

When to Choose Revolut Instead

Choose Revolut when you need modern banking features with transparent fees for currency conversion, international transfers, and a Revolut card for travel. A Revolut premium plan may bundle priority support, travel perks, and higher monthly limits for fee free currency exchange. Revolut’s business accounts support business customers with invoicing and multi currency accounts for settlement across major currencies. Revolut remains a go to for integrated financial services, budgeting tools, and investment options like the ability to sell stocks in the Revolut app. For users who primarily want to exchange money across multiple currencies, manage a free account with optional subscriptions, and withdraw cash from ATMs globally with instant spending notifications, Revolut’s services fit very well. For crypto specific trading with leverage, order book depth, and altcoin access, LBank is the better match.

Risk Considerations

All crypto exchanges carry counterparty and market risks. Keep only the funds you need for trading on centralized platforms, enable all security controls, and consider splitting balances across multiple exchanges. When you use third party fiat gateways, review their currency exchange fees and any hidden fees so you understand the final cost. For banking needs, a regulated platform like Revolut Bank UAB offers safeguards tied to electronic money regulations in its operating regions, but terms vary by country and product. Always verify coverage, limits, and regulatory status before relying on any provider for custody or payments.

FAQ

Is Revolut Exchange safe?

Revolut is a regulated financial technology platform with different entities for banking and investment services, including Revolut Bank UAB for certain markets and Revolut Securities Europe UAB for stock trading. Safety depends on which product you use and where you are located. Revolut follows electronic money regulations and applies strong security controls, account monitoring, and in app chat support. It is not a crypto first exchange like LBank, and protections differ from deposit insurance at a traditional bank. Review your local terms, coverage, and risk disclosures in the Revolut app.

Does Revolut give a good exchange rate?

Revolut is well known for competitive exchange rates and fee free allowances on weekday currency conversion up to monthly limits in select plans. It typically references the interbank exchange rate during market hours, with currency conversion fees or markups possibly applying on weekends or above plan limits. Transparent fees are shown in the app before you confirm a conversion. Exact pricing depends on your subscription plan, region, and currency pair.

What is the downside of Revolut?

Potential downsides include subscription costs for premium features, plan based monthly limits on fee free currency exchange, and fees that can apply on weekends or for exotic currency pairs. Some advanced features and priority support require a monthly fee or annual fee. As with many digital banks, cash services are limited compared to a full service branch bank, though you can withdraw cash from ATMs with your Revolut card subject to plan limits and foreign transaction fees where applicable.

Is Revolut legit in the USA?

Revolut offers services in the USA, but product availability differs from Europe. Certain banking services, investment features, or crypto functionality may be limited or provided through partner entities. Always check the current US specific terms in the Revolut app and confirm which services are available for your state. Revolut remains a recognized fintech brand, but coverage and licensing vary by region and product.