Compare Coinbit vs LBank

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On this page, you can compare Coinbit 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. Coinbit was founded in 2018 in South Korea. 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 LBank. 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.

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

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

Coinbit has 3 languages available, including English, Korean and Vietnamese. LBank has 3 languages available, including English, Korean and Chinese.

Company
User rating User rating 4.0 / 5 1 user review User rating 1.7 / 5 6 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 4.13 / 5 Trust Score 3.7 / 5

User rating

4.0 / 5 1 user review 1.7 / 5 6 user reviews

Cryptogeek rating

4.2 / 5 4.0 / 5

Trust Score

How it works
4.13 / 5 3.7 / 5

About

Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
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

2018 2016

Country

South Korea China

Type

Centralized Centralized

Languages

English, Korean, Vietnamese English, Korean, Chinese

Mobile app

iOS, Android iOS, Android

Full address

No data Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK

Fees

No data 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
Coinbit exchange was established in South Korea in 2018 and is mainly focused on the national market. Coinbit provides trading with crypto assets paired against Korean Won, BTC, ETH and USDT.
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 2018 Founding Date 2016
Country Country South Korea Country China
Type Type Centralized Type Centralized
Languages Languages English, Korean, Vietnamese Languages English, Korean, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK
Fees Fees No data 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

Coinbit trading volume is 43,641,047.0. The exchange has 55 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

43641047 908146825

Pairs

55 110

Coins

58 96

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Transaction Mining Percentage

Margin

- -
Volume Volume 43641047 Volume 908146825
Pairs Pairs 55 Pairs 110
Coins Coins 58 Coins 96
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Transaction Mining Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

Verified

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

Social

Website

www.coinbit.co.kr www.lbex.pro

Twitter

@coinbit_coinbit @LBank_Exchange

Number of followers

12500 9314
Website Website www.coinbit.co.kr Website www.lbex.pro
Twitter Twitter @coinbit_coinbit Twitter @LBank_Exchange
Number of followers Number of followers 12500 Number of followers 9314

Rating

User rating User rating 4.0 / 5 1 user review User rating 1.7 / 5 6 user reviews
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

Coinbit user rating is 4.0, based on 1 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?
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Trust Score: 4.13 / 5
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Trust Score: 3.7 / 5
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On this page, you can compare Coinbit 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. Coinbit was founded in 2018 in South Korea. 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 LBank. 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.

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

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

Coinbit has 3 languages available, including English, Korean and Vietnamese. LBank has 3 languages available, including English, Korean and Chinese.