Compare LBank vs Poloniex

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On this page, you can compare LBank with Poloniex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. LBank was founded in 2016 in China. Poloniex was founded in 2014 in USA.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Poloniex. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

LBank is Centralized and Poloniex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

LBank has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.

LBank has 3 languages available, including English, Korean and Chinese. Poloniex has 1 language available, which is English.

Company
User rating User rating 1.7 / 5 6 user review User rating 2.8 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.7 / 5 Trust Score 3.78 / 5

User rating

1.7 / 5 6 user review 2.8 / 5 11 user review

Cryptogeek rating

4 / 5 4 / 5

Trust Score

How it works
3.7 / 5 3.78 / 5

About

LBank was founded in Hong-Kong in 2016. It focuses on Asian markets and offers mostly crypto-to-crypto spot trading, but also works with fiat: not only US dollars (USD) but also Chinese Yuan (CYN). What’s more, traders can use their bank accounts directly to deposit or withdraw. There are also over 40 cryptocurrency pairs.
أطلقت Poloniex في عام 2014. ويقع مقرها في الولايات المتحدة. تم الحصول عليها مؤخرا من قبل Circle ، وهي شركة كبيرة مدعومة من Goldman-Sachs. واجهت البورصة هجوما للقراصنة بعد وقت قصير من الافتتاح مما تسبب في مستوى أعلى من الأمان المقدم لاحقا. يتطلب العنوان الفعلي للمستخدم والعنوان البريدي وتاريخ الميلاد والمعرف ورقم الهاتف.

Founding Date

2016 2014

Country

China USA

Type

Centralized Centralized

Languages

English, Korean, Chinese English

Mobile app

iOS, Android iOS, Android

Full address

Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK Poloniex, LLC. 2018 - Boston, MA, U.S.A

Fees

Maker fee:
+0.1%
Maker: Pending orders to increase market depth

Taker fee:
+0.1%
Taker: Limit orders, market orders, stop orders and forced liquidation orders for immediate closing

Full fee schedule:
https://www.lbank.info/fees.html
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule:

Maker | Taker Trade | Volume (trailing 30 day avg)
0.08% |   0.20%  | < $1m USD
0.02% |   0.15%  | < $20m USD
0.00% |   0.10%  | ≥ $20m USD
About
LBank was founded in Hong-Kong in 2016. It focuses on Asian markets and offers mostly crypto-to-crypto spot trading, but also works with fiat: not only US dollars (USD) but also Chinese Yuan (CYN). What’s more, traders can use their bank accounts directly to deposit or withdraw. There are also over 40 cryptocurrency pairs.
أطلقت Poloniex في عام 2014. ويقع مقرها في الولايات المتحدة. تم الحصول عليها مؤخرا من قبل Circle ، وهي شركة كبيرة مدعومة من Goldman-Sachs. واجهت البورصة هجوما للقراصنة بعد وقت قصير من الافتتاح مما تسبب في مستوى أعلى من الأمان المقدم لاحقا. يتطلب العنوان الفعلي للمستخدم والعنوان البريدي وتاريخ الميلاد والمعرف ورقم الهاتف.
Founding Date Founding Date 2016 Founding Date 2014
Country Country China Country USA
Type Type Centralized Type Centralized
Languages Languages English, Korean, Chinese Languages English
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK Full address Poloniex, LLC. 2018 - Boston, MA, U.S.A
Fees Fees Maker fee:
+0.1%
Maker: Pending orders to increase market depth

Taker fee:
+0.1%
Taker: Limit orders, market orders, stop orders and forced liquidation orders for immediate closing

Full fee schedule:
https://www.lbank.info/fees.html
Fees Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule:

Maker | Taker Trade | Volume (trailing 30 day avg)
0.08% |   0.20%  | < $1m USD
0.02% |   0.15%  | < $20m USD
0.00% |   0.10%  | ≥ $20m USD

Trading

LBank trading volume is 908,146,825.0. The exchange has 110 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Poloniex trading volume is 18,446,726.0. The exchange has 101 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

908146825 18446726

Pairs

110 101

Coins

96 57

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 908146825 Volume 18446726
Pairs Pairs 110 Pairs 101
Coins Coins 96 Coins 57
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin - Margin

Safety

Two factor authentication

Verified

Unverified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

www.lbex.pro poloniex.com

Twitter

@LBank_Exchange @poloniex

Number of followers

9314 222304
Website Website www.lbex.pro Website poloniex.com
Twitter Twitter @LBank_Exchange Twitter @poloniex
Number of followers Number of followers 9314 Number of followers 222304

Rating

User rating User rating 1.7 / 5 6 user review User rating 2.8 / 5 11 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

LBank user rating is 1.7, based on 6 user reviews. Poloniex user rating is 2.8, based on 11 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 3.7 / 5
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Trust Score: 3.78 / 5
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On this page, you can compare LBank with Poloniex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. LBank was founded in 2016 in China. Poloniex was founded in 2014 in USA.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Poloniex. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

LBank is Centralized and Poloniex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

LBank has a mobile app available for iOS and Android. Poloniex has a mobile app available for iOS and Android.

LBank has 3 languages available, including English, Korean and Chinese. Poloniex has 1 language available, which is English.