Compare LBank vs OKX
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 | ||
|---|---|---|
| User rating | 6 user reviews | 5 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 6 user reviews | 5 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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 |
| @LBank_Exchange | @OKEx |
Number of followers
| 9314 | 179202 |
| Website | Website www.lbex.pro | Website www.okx.cab |
|---|---|---|
| Twitter @LBank_Exchange | Twitter @OKEx | |
| Number of followers | Number of followers 9314 | Number of followers 179202 |
Rating
| User rating | 6 user reviews | 5 user reviews |
|---|---|---|
| Cryptogeek rating |
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? |
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.