Compare bitFlyer vs LBank Exchange
On this page, you can compare bitFlyer with LBank. 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. bitFlyer was founded in 2014 in Japan. LBank was founded in 2016 in China.
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 bitFlyer. 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.
bitFlyer is Centralized and LBank is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
bitFlyer has a mobile app available for iOS and Android. LBank has a mobile app available for iOS and Android.
bitFlyer has 2 languages available, including English and French. LBank has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 2 user reviews | 6 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user reviews | 6 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
BitFlyer is a Japanese exchange founded in 2014. The company has official permission in different countries including some states of the USA, Europe, and Japan. Also, bitFlyer offers automatic trades via API.
|
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.
|
Founding Date
| 2014 | 2016 |
Country
| Japan | China |
Type
| Centralized | Centralized |
Languages
| English, French | English, Korean, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6233 | Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK |
Fees
|
Account Creation Fee: FREE Account Maintenance Fee: FREE Bitcoin Transaction Fee: 0.01% ~ 0.15% Altcoin Transaction Fee: 0.20% Margin Trading Buy position: 0.04% payment (per day) Sell position: 0.04% payment (per day) |
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 |
| About |
BitFlyer is a Japanese exchange founded in 2014. The company has official permission in different countries including some states of the USA, Europe, and Japan. Also, bitFlyer offers automatic trades via API.
|
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.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2016 |
| Country | Country Japan | Country China |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, French | Languages English, Korean, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6233 | Full address Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK |
| Fees |
Fees
Account Creation Fee: FREE Account Maintenance Fee: FREE Bitcoin Transaction Fee: 0.01% ~ 0.15% Altcoin Transaction Fee: 0.20% Margin Trading Buy position: 0.04% payment (per day) Sell position: 0.04% payment (per day) |
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 |
Trading
bitFlyer trading volume is 23,468,087.0. The exchange has 5 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
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.
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
| 23468087 | 908146825 |
Pairs
| 5 | 110 |
Coins
| 5 | 96 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 23468087 | Volume 908146825 |
|---|---|---|
| Pairs | Pairs 5 | Pairs 110 |
| Coins | Coins 5 | Coins 96 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Verified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| bitflyereuropesa.pxf.io | www.lbex.pro |
| @bitFlyerEU | @LBank_Exchange |
Number of followers
| 90470 | 9314 |
| Website | Website bitflyereuropesa.pxf.io | Website www.lbex.pro |
|---|---|---|
| Twitter @bitFlyerEU | Twitter @LBank_Exchange | |
| Number of followers | Number of followers 90470 | Number of followers 9314 |
Rating
| User rating | 2 user reviews | 6 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
bitFlyer user rating is 4.5, based on 2 user reviews. LBank user rating is 1.7, based on 6 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? |
On this page, you can compare bitFlyer with LBank. 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. bitFlyer was founded in 2014 in Japan. LBank was founded in 2016 in China.
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 bitFlyer. 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.
bitFlyer is Centralized and LBank is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
bitFlyer has a mobile app available for iOS and Android. LBank has a mobile app available for iOS and Android.
bitFlyer has 2 languages available, including English and French. LBank has 3 languages available, including English, Korean and Chinese.