Bitbuy vs LBank

How Bitbuy vs LBank compare on our ratings, exchange specs, funding, pros and cons.

Bitbuy4.0/5
VS
LBank3.2/5
Feature
Ratings
Our score4.0/53.2/5
User ratingNo reviews yetNo reviews yet
Fees3.53.0
Security & trust4.52.5
Asset selection3.54.0
Ease of use4.03.5
Support4.03.5
Specs
MarketsSpot, OTCSpot, Futures, Margin, Copy trading
Coins listed45800
Fiat deposit methodsBank transferNot disclosed
KYC required YesNot disclosed
Accepts US customers NoNot disclosed
Staking / earn Yes Yes
Mobile app Yes Yes
Licenses & registrationsOSC Marketplace & Restricted Dealer, CSA Marketplace & Restricted Dealer, CIRO Member Dealer, FINTRAC MSBNot disclosed
Security featuresCold Storage, Custodial Insurance, CIPF ProtectionRisk controls, RSA API signing, HMAC-SHA256 API signing
Futures & perpetuals No Yes
Copy trading No Yes
P2P market No Yes
Earn / savings products Yes Yes
User protection fund YesNot disclosed
Referral program Yes Yes
Company
Founded20162015
HeadquartersCanada—
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Operates under CIRO member dealer status registered with the OSC and CSA
  • Cash balances covered up to $1M CAD per account by CIPF
  • Digital assets stored 1:1 in cold storage with insured custodians
  • Instant CAD deposits and withdrawals supported through Interac e-Transfer
  • Over 800 listed cryptocurrencies, including niche tokens
  • Futures copy trading platform tracking 1,350 or more lead strategies
  • Continuous operational history since launching in 2015
  • Global service coverage spanning more than 210 countries and territories
Cons
  • Services are restricted entirely to residents of Canada
  • Mandatory identity verification (KYC) required before any trading
  • No derivatives, perpetuals, or margin trading available
  • Centralized custody exposes account balances to counterparty solvency risk
  • High-leverage derivatives introduce substantial liquidation risks
  • Niche low-cap token listings often experience severe price volatility and slippage
Best forCanadian retail crypto buyers, Canadian high-net-worth OTC traders, Businesses holding crypto balance sheetsTraders seeking low-cap altcoins, Futures copy trading followers, Traders using automated grid strategies

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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