Lbank
LBank is a privately held centralized cryptocurrency exchange offering spot, futures, copy trading, prediction markets, and TradFi futures to 25M+ retail traders across 210+ countries, monetizing primarily via transaction fees on $10.5B+ in daily trading volume.
- Company typePrivate
- Founded2015
- Headquarters—
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Lbank does
LBank is a privately held centralized cryptocurrency exchange founded in 2015 and operated by LBK Blockchain Co., Limited. The platform offers a multi-product trading architecture spanning spot trading across 800+ cryptocurrencies, futures trading across 600+ pairs with up to 200x leverage, social/copy trading with 1,350+ lead traders, prediction markets for event outcomes with up to 5x leverage, TradFi futures covering stocks, gold, and indices, and a suite of Earn products for yield generation. The exchange serves 25M+ registered users across 210+ countries and reports daily trading volume exceeding $10.5 billion, with distribution via web, iOS, Android, and P2P rails supporting 300+ payment methods.
LBank's revenue model is built on transaction-fee streams: maker/taker commissions on spot and futures trading, token listing fees paid by projects, profit-sharing on copy trading, and fees from prediction market and TradFi futures activity. Its go-to-market is product-led growth through a self-serve, app-based acquisition funnel supported by community engagement across Telegram and major social platforms in 8+ languages, referral/affiliate programs offering up to 30% commission, and event-driven promotions such as the $5,000,000 USDT LBank Super League around the FIFA World Cup 2026. The platform is positioned as the #1 CEX by Meme trading market share, listing 300+ mainstream Meme coins.
Underlying the platform is an AI-powered security infrastructure credited with preventing over $1.2 billion in threats in 2024, along with core technology integrations including Chainlink oracles, TradingView charting, Sumsub KYC/AML, and CertiK smart-contract audits. The company has received recognition including Forbes Best Crypto Exchange (2025), CoinGecko Top 3 Bitcoin Exchange (2025), and The Wall Street Journal Best Futures and Derivatives Exchange (2026). Leadership includes co-founder and chairman Eric He and Czhang as Head of LBank Labs.
Lbank firmographics
Firmographics- Name
- Lbank
- Legal name
- LBK Blockchain Co., Limited
- Website
- https://lbank.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- LBank is a privately held centralized cryptocurrency exchange offering spot, futures, copy trading, prediction markets, and TradFi futures to 25M+ retail traders across 210+ countries, monetizing primarily via transaction fees on $10.5B+ in daily trading volume.
- Ownership category
- akta.pro rank
Lbank industry classification
Industry- Product category
- Cryptocurrency Exchange
- NAICS
- Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro industry
- Crypto Payments & Stablecoin Settlement PlatformsBusiness & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms
Keywords
Lbank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Trading Fees: Commission revenue from spot and futures trading on the platform's 800+ cryptocurrencies and 600+ futures pairs
- Token Listing Fees: Fees charged to projects for listing their tokens on the exchange
- Prediction Market Trading: Revenue from leveraged prediction market trading with up to 5x leverage
- Copy Trading: Profit-sharing revenue from copy trading where followers copy lead traders' strategies
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Lbank product offering
Product offeringCore offering
LBank operates a centralized cryptocurrency exchange platform offering spot trading across 800+ cryptocurrencies, futures trading with 600+ pairs and up to 200x leverage, social copy trading, prediction markets, earn/staking products, and fiat on/off-ramps. The platform serves 25M+ registered users across 160-210+ countries with daily trading volume exceeding $10.5 billion, distinguishing itself through the industry's fastest token listing capability (1 hour) and a leading Meme coin portfolio of 300+ tokens.
Product overview
LBank is a cryptocurrency exchange platform offering a comprehensive suite of trading and financial products. The platform operates on a multi-product architecture centered around Spot Trading (800+ cryptocurrencies), Futures Trading (600+ pairs with up to 200x leverage), Copy Trading (social trading with lead traders), Earn Products (staking, yield, Dual Investment), Prediction Market (event-based trading), TradFi Futures (traditional assets), and fiat gateways (Buy Crypto, P2P Trading, Fiat Deposit, LBank Card). Additional services include Academy (education), LBank Labs (incubation), VIP Services (premium tier), and Grid Trading (automated bots). The platform serves over 20-25 million users across 160-210+ countries with daily trading volume exceeding $10.5 billion.
Differentiator
Problem solved
Functional benefit
Brands
- LBank Labs: Innovation hub and research arm of LBank focused on supporting blockchain projects and startups.
- LBank Super League
Products and services
- Spot Trading Cryptocurrency spot trading platform supporting 800+ cryptocurrencies with real-time charts, order books, and multiple order types (limit, market, trigger) for retail and professional traders.
- Futures Trading Perpetual and dated futures trading platform offering up to 200x leverage across 600+ trading pairs, including cryptocurrencies, precious metals, and traditional assets.
- Copy Trading Social trading product allowing users to automatically replicate strategies of 1,350+ lead traders with zero-latency monitoring and customizable parameters; generates profit-sharing revenue for lead traders and the platform.
- Earn Products Diverse earning products including Flexible Earn, Locked Earn, Futures Earn, Dual Investment, and Launchpool for staking and yield generation on held digital assets.
- Prediction Market Leveraged event-based prediction market for trading on outcomes of real-world events including sports, politics, and trending topics, with up to 5x leverage.
- TradFi Futures Traditional finance futures trading covering stocks, gold, indices, and block trades with up to 200x leverage, connecting traditional and crypto markets.
- Buy Crypto Fiat-to-crypto gateway supporting one-click purchases via bank card, PIX, and various payment methods with multiple fiat currency options.
- P2P Trading Peer-to-peer trading platform with 0 trading fees, supporting 300+ payment methods for direct crypto purchases between users.
- Fiat Deposit Fiat currency deposit service allowing users to top up exchange balances with 0 fees, credited in as fast as 1 minute.
- LBank Card Crypto debit card enabling users to convert spot balance to everyday spending power at merchants worldwide.
- LBank Mobile App Official iOS and Android mobile applications enabling cryptocurrency trading, portfolio management, and access to all exchange features on the go.
Quantifiable outcome
- 90% faster listing speed compared to other CEXs
- +4 more outcomes
Companies that use Lbank
Customer profileSegments3 records
Ideal customer profiles3 records
Lbank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
Lbank partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- PonkeflagshipStrategic brand partnership with Ponke meme IP, an iconic Meme character leading culture of a new generation. Partnership leverages Ponke's global KOL community influence for marketing and community engagement.
- CertiKcoreSecurity audit and blockchain security partner providing smart contract auditing and security verification services
- ChainlinkcoreOracle infrastructure partner providing reliable data feeds for prediction markets and smart contract applications
- TradingViewcoreCharting and market analysis integration providing professional-grade trading charts and technical analysis tools
- SumsubcoreKYC/AML verification partner providing identity verification and compliance services for user onboarding
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Lbank competitors and assessment
Company assessmentDirect peers
- MEXC: MEXC is a global centralized cryptocurrency exchange with a comparable mid-tier profile to LBank — heavy focus on altcoins and Meme coin listings, broad product suite (spot, futures, copy trading), and a similar retail-trader user base across emerging markets.
- Gate.io: Gate.io is a long-running global CEX with comparable altcoin breadth, deep futures and copy trading products, and a similar user profile spanning retail traders in Asia, Europe, and Latin America — directly competing with LBank for Meme coin and altcoin volume.
- KuCoin: KuCoin is a global mid-tier CEX with a near-identical product footprint to LBank — spot, futures with high leverage, copy trading, Earn products, and P2P fiat gateways — and competes directly for altcoin and emerging-token retail flow.
- HTX (Huobi): HTX (formerly Huobi) is a global centralized exchange with a similar product mix (spot, futures, copy trading, Earn) and comparable geographic reach, particularly across Asia. It competes head-to-head with LBank in derivatives and altcoin market share.
- OKX: OKX is a top-tier global CEX with a directly overlapping product suite (spot, perpetual futures with high leverage, copy trading, prediction-style products, on-chain wallet). It is a direct competitor to LBank across both retail and increasingly institutional user segments.
- Bybit: Bybit is a derivatives-focused global CEX competing directly with LBank in perpetual futures, copy trading, and high-leverage products. It targets a similar professional and active retail trader base globally.
- Binance: Binance is the largest global centralized exchange and the dominant competitor across every product category LBank operates in — spot, futures, copy trading, P2P, Earn, and card services — and sets the fee and liquidity benchmark LBank must match.
- Bitget: Bitget is a derivatives-heavy global CEX with strong copy trading positioning and high-leverage futures, competing directly with LBank for professional and copy-trading-driven user segments in emerging markets.
Broad incumbents
- Coinbase: Coinbase is a US-listed, heavily regulated incumbent exchange offering spot, futures, custody, and staking. While its product breadth overlaps with LBank, its regulatory posture and institutional focus make it a broad incumbent rather than a direct head-to-head competitor.
- Kraken: Kraken is a regulated, security-focused global exchange offering spot, futures, and staking. It overlaps with LBank on trading products but serves a more institutional and Western-retail client base with a stronger compliance posture.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Lbank social profiles
Digital presenceLbank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lbank leadership team
Management profileNumber of profiles
Profiles2 records
Lbank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lbank M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lbank
What does Lbank do?
LBank operates a centralized cryptocurrency exchange platform offering spot trading across 800+ cryptocurrencies, futures trading with 600+ pairs and up to 200x leverage, social copy trading, prediction markets, earn/staking products, and fiat on/off-ramps. The platform serves 25M+ registered users across 160-210+ countries with daily trading volume exceeding $10.5 billion, distinguishing itself through the industry's fastest token listing capability (1 hour) and a leading Meme coin portfolio of 300+ tokens.
Is Lbank a public or private company?
Lbank is a private company. It is classified as unknown and is currently operating.
When was Lbank founded?
Lbank was founded in 2015. It employs 101 to 250 people.
How does Lbank make money?
Four revenue lines are on record. Trading Fees are the primary driver. The others are token Listing Fees, prediction Market Trading and copy Trading.
Who are Lbank's main competitors?
Direct peers on record are MEXC, Gate.io, KuCoin, HTX (Huobi), OKX, Bybit, Binance and Bitget. Broad incumbents are Coinbase and Kraken.
Does Lbank have an API?
Yes. LBank offers API access for developers. The API documentation is available at /docs/index.html#introduction as referenced in the website footer under the Support section. Developer documentation is at www.lbank.com/docs/index.html#introduction.
What industry is Lbank in?
Lbank's product category is Cryptocurrency Exchange. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 523210 and its SIC code is 6200.