My experience with this exchange was very disappointing. The bonus they promised was not real and eventually caused me to lose part of my funds. The support team is unresponsive, and the overall perfo... See more
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Founded in 2015, LBank Exchange (PT LBK TEKNOLOGY INDONESIA) is a top cryptocurrency trading platform with licenses for NFA, MSB, Canada MSB, and VASP. LBank Exchange provides global users with secure, professional, and convenient products and services, including Cryptocurrency Trading, Derivatives, Staking, NFT, and LBK Labs investment. LBank Exchange currently supports 50+ fiat currencies, including USD, EUR, GBP, JPY, CAD, AUD, RUB, INR, AED, etc.; Purchase of major digital assets, including BTC, ETH, USDT, etc.; and 20+ payment methods, including Master Card, Visa, Google Pay, Apple Pay, Bank Transfer, etc.
LBank, 30 de Castro Street, Wickhams Cay 1, P.O. Box 4519,Road Town, VG1110, Tortola, British Virgin Islands
Replied to 76% of negative reviews
Typically replies within 1 week
My friend’s LBank account was suddenly suspended after making around 10,000 USDT profit through completely normal spot trading. The platform claimed it was due to “abnormal profits,” but provided no clear explanation, evidence, or reference to any rule that was violated.
All trades were made legitimately within the LBank system — no bots, no system abuse, and no manipulation involved. Yet, instead of recognizing a successful trade, the exchange demanded that the profit be returned and locked the account.
We have already contacted LBank support, but so far, no transparent or professional response has been provided. This raises serious concerns about the fairness and reliability of this exchange.
If LBank wants to be trusted globally, it should handle such cases transparently, explain its actions clearly, and protect honest traders instead of penalizing them for earning profit through normal trading.
UID:
LBA0H97363
Lbank still doesent want to pay my funds, They scammed me
Reply from LBANK
Avoid this broker is a big scam!!! They will milked you dry !!!!
luckily “ 𝐀 𝐬𝐬 𝐞𝐭𝐫𝐞𝐜 𝐥𝐚𝐢𝐦 ” was able to retrieve £47,000 without any problems and delay
Reply from LBANK
Stay away from this broker at all cost, they will milked you dry!! Luckily
“𝐒𝐚𝐟 𝐞𝐫𝐞𝐜 l𝐚𝐢𝐦” really saved me up from the hassle of this scammers
Reply from LBANK
False promotions to get users to sign up , a streamer with the code "whitelu" promoting the platform live and on the register page it say claim once you register it turn into expired .
Reply from LBANK
My experience with this exchange was very disappointing. The bonus they promised was not real and eventually caused me to lose part of my funds. The support team is unresponsive, and the overall performance of the exchange is poor. In addition, the crypto transfer fees are extremely high. I strongly recommend others not to use this exchange.
Reply from LBANK
It's a scam exchanger, it falsely liquid my positions
Reply from LBANK
Scammers Scammers
Stay away from it, don't trust their welcome or future position vouchers etc. All these offers are just a trap. They will ask you to deposit and then they will remove all your bonuses and everything from your account and will not answer anything.
Reply from LBANK
Look at MEXC and XT responses on trustpilot.
They refuse to delete the account even after GDPR request. Big potential for a lawsuit.
They are the same entity. RUN!
Reply from LBANK
Its safe exchange and Best place for trade memecoins
Reply from LBANK
This platform is very sleek, the make you think they are legit! anyways i have reported to Rose Lane(GP) and the authorities
Reply from LBANK
The exchange is getting people to sign up with fake promotions. The site attracts users by running fraudulent ads. When they fail to give the promised new-user bonus, they make excuses about “outside-country events.” They didn’t even include that condition in the promotion rules. In my opinion, this is a fake exchange.
Reply from LBANK
The most horrible exchange I have dealt with in 10 years in crypto. For months I am trying to withdraw coins and the support is just absolutely horrific. Always new excuses (such as citing chain congestion, while there is absolutely zero indication of actual chain congestion - verified by myself, others, the chain's technical team etc.), highly incompetent support staff, no active follow-up on long-standing complaints. They are charging way too much coins for the "service" they actually provide. This organization should be handled and put out of business. Do yourself a favour and stay far far away from this cesspool of incompetence. This organization is a disgrace.
Reply from LBANK
Excellent support from Lbank. I had a problem that was quickly addressed by support, and they resolved my issue quickly. A reliable broker with a very good team.
Reply from LBANK
Having lots of coins is great, but some newly listed ones have zero depth. You get stuck after buying, can’t sell easily. It would help a lot if LBank showed which tokens have good liquidity or marked high-volume coins. This can save people from bad surprises.
Reply from LBANK
LBank has restricted my account for months without any apparent reason and requested the return of the profits I had made. I accepted the return in order to withdraw the funds I deposited, but they still haven’t released it. They asked me to wait until November, even though I have already returned what they requested. I just want to withdraw my remaining balance as soon as possible
Reply from LBANK
I am new to the exchange and I was trading some random coin on their futures platform. I profited 500 USD and then my account was frozen.
When I reached out to their support they told me that their "system has identified abnormal arbitrage trading" and when I ask for any details they just send me a link to their User Agreement and then state that they are "unable to offer additional details" other than the User Agreement.
I have gone back and forth multiple times but they can not provide me with any specific details and have locked my account from withdrawals.
LBANK is a SCAM. stay away.
I have emails and all proof if anyone is looking. LBANK is requesting my UID, it is: LBA8G76497. I am not hiding anything or making this up, please unfreeze my account.
UPDATE (29/08/2025):
LBANK and I have been in contact with each other and dispite them boasting that they "welcome transparency", they have continued with their stance that they can not provide me with any other information besides:
"account was flagged by our monitoring system because certain activities matched patterns that are restricted under our User Agreement and Anti-Market Manipulation Policy."
Some might notice as well that ORIGINALLY they stated that I violated their "User Agreement" But now they are stating that I voilated their "User Agreement" AND "Anti-Market Manipulation Policy". -- Sounds to me like they don't know what I have done wrong if they are changing which rules I have broken.
All quotations made in this review are all EXACTLY what LBANK has stated to me in email.
If you want to trade as a professional with large sums of money, I would suggest going elseware, as at any point they may decalre you are breaking the rules but never give you proof and lock your account from withdrawals - Even if its a sum as low as 500 USDT.
UPDATE (16/09/2025):
I was assigned someone named Wendy Chen, and she is now no longer replying to my emails. HORRIBLE exchange that will unjustly lock your account and take your profits.
UPDATE (14/10/2025):
They have ceased all communication with me.
Reply from LBANK
I do appreciate LBank’s design – soft color scheme, intuitive layout, feels easy on the eyes. But after using it a while, I realized it lacks community interaction or discussion features. I like platforms where you can chat, share strategies or learn from peers. Here it’s just...you and the app. Would love to see features like forums or experience sharing added in the future, otherwise it gets kinda lonely exploring solo.
Reply from LBANK
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