Compare LBank vs OKX

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On this page, you can compare LBank with OKX. 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. OKX was founded in 2017 in Belize.

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.

LBank is Centralized and OKX 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. OKX has a mobile app available for iOS and Android.

LBank has 3 languages available, including English, Korean and Chinese. OKX has 5 languages available, including English, French, Spanish, Russian and Chinese.

Company
logo-img OKX
User rating User rating 1.7 / 5 6 user reviews User rating 4 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 3.7 / 5 Trust Score 4.29 / 5

User rating

1.7 / 5 6 user reviews 4 / 5 5 user reviews

Cryptogeek rating

4 / 5 4.2 / 5

Trust Score

How it works
3.7 / 5 4.29 / 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.
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries.

Founding Date

2016 2017

Country

China Belize

Type

Centralized Centralized

Languages

English, Korean, Chinese English, French, Spanish, Russian, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK Suite 202, 2nd Floor, Eden Plaza, Eden Island, Victoria, Mahe, Seychelles

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
0.0005 Withdrawal Fee • 0.10% Taker Fee • 0.08% Maker Fee

Full fee schedule: https://www.okex.com/ru/fees.html
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.
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries.
Founding Date Founding Date 2016 Founding Date 2017
Country Country China Country Belize
Type Type Centralized Type Centralized
Languages Languages English, Korean, Chinese Languages English, French, Spanish, Russian, Chinese
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 Suite 202, 2nd Floor, Eden Plaza, Eden Island, Victoria, Mahe, Seychelles
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 0.0005 Withdrawal Fee • 0.10% Taker Fee • 0.08% Maker Fee

Full fee schedule: https://www.okex.com/ru/fees.html

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.

OKX trading volume is 690,648,987.0. The exchange has 391 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 690648987

Pairs

110 391

Coins

96 171

Fiat trading

- -

Deposit

Free Free

Fees

Percentage Percentage

Margin

-
Volume Volume 908146825 Volume 690648987
Pairs Pairs 110 Pairs 391
Coins Coins 96 Coins 171
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 www.okx.cab

Twitter

@LBank_Exchange @OKEx

Number of followers

9314 179202
Website Website www.lbex.pro Website www.okx.cab
Twitter Twitter @LBank_Exchange Twitter @OKEx
Number of followers Number of followers 9314 Number of followers 179202

Rating

User rating User rating 1.7 / 5 6 user reviews User rating 4 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

LBank user rating is 1.7, based on 6 user reviews. OKX user rating is 4, based on 5 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: 4.29 / 5
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On this page, you can compare LBank with OKX. 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. OKX was founded in 2017 in Belize.

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.

LBank is Centralized and OKX 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. OKX has a mobile app available for iOS and Android.

LBank has 3 languages available, including English, Korean and Chinese. OKX has 5 languages available, including English, French, Spanish, Russian and Chinese.