Coinranking
LBank is a Hong-Kong centralized digital asset trading platform, focussing mainly on the Chinese market. The company was founded in October 2016. One of the co-founders is Eric He. LBank exchange doesn’t offer fiat-to-crypto trading but allows to buy/sell crypto for CNY and USD via peer-to-peer OTC feature.
LBank safety
LBank aims to provide professional asset management solutions and claims to have one of the highest staking rewards on any exchange. LBank offers hundreds of cryptocurrency trading pairs. The team aims to build the most professional integrated service platform for digital assets while ensuring security. LBank has had a lot of problems with the verification of information, such as information expiration, validity and stolen identities. Because of this matter, LBank had launched a new KYC strategy. If accounts have not passed the first round of verification, users will need to upload the relevant KYC information to be reviewed again.
