LBank vs SimpleSwap

LBank3.2/5

VS

SimpleSwap4.1/5

Feature	LBankVisit	SimpleSwapVisit
Ratings
Our score	3.2/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	3.0	3.0
Security & trust	2.5	4.0
Asset selection	4.0	5.0
Ease of use	3.5	4.5
Support	3.5	4.0
Specs
Markets	Spot, Futures, Margin, Copy trading	Spot
Coins listed	800	2,800
Fiat deposit methods	Not disclosed	Card
KYC required	Not disclosed	No
Staking / earn	Yes	Not disclosed
Mobile app	Yes	Yes
Security features	Risk controls, RSA API signing, HMAC-SHA256 API signing	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	Yes	No
Copy trading	Yes	No
P2P market	Yes	No
Earn / savings products	Yes	Not disclosed
Referral program	Yes	Yes
Company
Founded	2015	2018
Headquarters	—	—
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	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	No account registration required for standard crypto-to-crypto swaps Non-custodial model delivers converted assets directly to personal wallets Extensive catalog covering more than 2,800 cryptocurrencies Choice between fixed guaranteed rates and floating market rates
Cons	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	Built-in exchange spreads can exceed traditional spot order-book trading fees Transactions flagged by automated AML risk scoring trigger sudden KYC holds No order books, limit orders, futures, or margin trading Fiat purchases rely on third-party processors with separate fees and verification
Best for	Traders seeking low-cap altcoins, Futures copy trading followers, Traders using automated grid strategies	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

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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