Compare Altcoin Trader vs LBank
On this page, you can compare Altcoin Trader 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. Altcoin Trader was founded in 2014 in South Africa. 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 Altcoin Trader. 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.
Altcoin Trader is Centralized and LBank is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Altcoin Trader has a mobile app available for iOS and Android. LBank has a mobile app available for iOS and Android.
Altcoin Trader has 1 language available, which is English. LBank has 3 languages available, including English, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 10 user review | 6 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 10 user review | 6 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Altcoin Trader is a Centralized cryptocurrency exchange based in South Africa. The exchange was launched in 2014. Altcoin Trader has 20 available trading pairs and 21 coins. The exchange uses the Ordinary procedure for verification including two-step verification process and Know Your Customer (KYC) procedure. If you want to raise the account limits and minimize processing time you must go all the way, uploading ID card, proof of residence, etc.
|
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
| South Africa | China |
Type
| Centralized | Centralized |
Languages
| English | English, Korean, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Wilhelmina Street, Unit B6, Clearview Office Park, Johannesburg, Gauteng 2094, South Africa. | Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK |
Fees
|
Trading Fees Currency Trading Fee All Coins 0.1% of trade value Other Fees Currency Easy Buy & Sell Fee All Coins 0.75% of trade value Full fee schedule: https://www.altcointrader.co.za/trading-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 |
| About |
Altcoin Trader is a Centralized cryptocurrency exchange based in South Africa. The exchange was launched in 2014. Altcoin Trader has 20 available trading pairs and 21 coins. The exchange uses the Ordinary procedure for verification including two-step verification process and Know Your Customer (KYC) procedure. If you want to raise the account limits and minimize processing time you must go all the way, uploading ID card, proof of residence, etc.
|
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 South Africa | Country China |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Korean, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Wilhelmina Street, Unit B6, Clearview Office Park, Johannesburg, Gauteng 2094, South Africa. | Full address Unit 04, 7/F, Bridght Way Tower, No.33 Mong Kok Road, Kowloon HK |
| Fees |
Fees
Trading Fees Currency Trading Fee All Coins 0.1% of trade value Other Fees Currency Easy Buy & Sell Fee All Coins 0.75% of trade value Full fee schedule: https://www.altcointrader.co.za/trading-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 |
Trading
Altcoin Trader trading volume is 835,771.0. The exchange has 20 available trading pairs. Fiat trading is 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
| 835771 | 908146825 |
Pairs
| 20 | 110 |
Coins
| 21 | 96 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 835771 | Volume 908146825 |
|---|---|---|
| Pairs | Pairs 20 | Pairs 110 |
| Coins | Coins 21 | 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
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| www.altcointrader.co.za | www.lbex.pro |
| @AltCoinTraderSA | @LBank_Exchange |
Number of followers
| 7026 | 9314 |
| Website | Website www.altcointrader.co.za | Website www.lbex.pro |
|---|---|---|
| Twitter @AltCoinTraderSA | Twitter @LBank_Exchange | |
| Number of followers | Number of followers 7026 | Number of followers 9314 |
Rating
| User rating | 10 user review | 6 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Altcoin Trader user rating is 4.4, based on 10 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 Altcoin Trader 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. Altcoin Trader was founded in 2014 in South Africa. 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 Altcoin Trader. 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.
Altcoin Trader is Centralized and LBank is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Altcoin Trader has a mobile app available for iOS and Android. LBank has a mobile app available for iOS and Android.
Altcoin Trader has 1 language available, which is English. LBank has 3 languages available, including English, Korean and Chinese.