Centralized Exchanges · Review
ActiveBank of Ethereum Review 2026: LBank Exchange
Bank of Ethereum points to LBank, a centralized exchange offering spot and futures trading, earning products and event-style markets. The branding mismatch and limited published detail on fees, licensing and custody safeguards call for caution.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.0/10
Mixed
Our verdict on Bank of Ethereum
6.0/10LBank may suit people seeking a centralized venue for spot and futures trading, with earning products and extra tools such as copy trading and grid features. Its range of services is the main strength. The main caveat is the gap between the Bank of Ethereum name and the LBank branding, alongside missing detail on fees, licensing, KYC and independent security audits. Treat its protection-fund and security statements as company claims, and check product terms and local rules before using the platform.
Score breakdown
How Bank of Ethereum scores
- Security
- 4.0/10
- Ease of use
- 7.0/10
- Fees
- n/a
- Features
- 8.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Bank of Ethereum?
The project name is Bank of Ethereum, but the official site brands itself as LBank. The site describes a centralized cryptocurrency exchange, not a bank or an Ethereum-only service, and lists spot and futures trading, crypto purchases and Earn products.
Other listed tools include copy trading, grid features and event-style markets under Predict. The homepage also advertises an app and a $100 million protection fund. Fees, licensing, KYC requirements and detailed product terms are not stated there.
How Bank of Ethereum works
LBank is a centralized exchange: users place trades through the platform, which operates the trading interface and holds or processes assets for its customers. Its listed products include spot markets, futures, crypto purchases and Earn offerings. Copy trading and grid tools provide additional ways to access or automate trading strategies, though the homepage does not explain their detailed mechanics or terms.
5 features
Key features
01
Spot trading
The exchange lists spot markets for cryptocurrencies including BTC, ETH and SOL.
02
Futures and Predict
LBank advertises futures trading, including event-style products displayed under Predict. Product terms and leverage details are not stated on the homepage.
03
Earn products
The site lists Earn products and staking, but does not specify rates or terms on the homepage.
04
Trading tools
Copy trading and grid tools are among the platform's listed trading features.
05
Buying and mobile access
The homepage offers crypto purchases, deposits and an app for iOS and Android.
Pros and cons
What we like
- Offers spot and futures trading alongside crypto purchase and earning products.
- Lists copy trading and grid tools in addition to basic exchange features.
- Provides mobile apps for iOS and Android.
- Describes several security measures, including hot and cold wallet separation and multi-signature authorization.
Watch out for
- The project name, Bank of Ethereum, does not match the LBank branding on the official site.
- LBank is a custodial exchange, so users rely on the company to safeguard and process assets.
- Trading fees and detailed product terms are not stated on the homepage.
- The site's security claims are not a substitute for a published independent audit.
- Licensing, geographic availability and KYC requirements are not stated.
Bank of Ethereum fees
Specific trading, deposit and withdrawal fees are not published on the homepage. LBank links to a fee schedule; check the current rates there and review any applicable fees shown before confirming a transaction.
Is Bank of Ethereum safe?
LBank is a centralized, custodial exchange, so users face company, operational and custody risks in addition to market risk. Its homepage describes hot and cold wallet separation, encryption, multi-signature authorization and 24/7 monitoring, and advertises a $100 million protection fund; detailed fund terms and an independent audit are not published there. Licensing, KYC requirements and incident history are also not stated. Check local rules before using the exchange or its event-style markets. Online gambling or betting products are for adults 18+ only where legal; set limits and do not risk money you cannot afford to lose.
5 steps
How to get started with Bank of Ethereum
- 1
Confirm that the site is LBank, since its branding does not match the Bank of Ethereum name.
- 2
Check the platform's terms, local availability and account requirements before registering.
- 3
Create an account using the site's sign-up flow and review any identity checks it requests.
- 4
Check the fee schedule and the terms for the product you plan to use.
- 5
Use the available deposit or crypto-purchase options, then select a product such as spot trading or Earn.
Who Bank of Ethereum is for
This platform is aimed at people who want a centralized exchange with spot and futures markets, plus tools such as Earn, copy trading and grid features. It is less suitable for users who require published licensing details, transparent fee figures or a non-custodial trading setup.
Bank of Ethereum FAQs
What is Bank of Ethereum?
The name in this listing is Bank of Ethereum, but the official site identifies its exchange as LBank. The site presents a centralized crypto trading platform rather than a bank or an Ethereum-only service.
What can you do on LBank?
LBank lists spot and futures trading, crypto purchases, Earn products, copy trading and other tools. Its homepage also displays event-style markets under Predict.
What are LBank's fees?
The homepage links to a fee schedule but does not state specific trading or withdrawal rates. Check the current fee schedule and order details before placing a trade.
Is LBank safe to use?
The site describes hot and cold wallet separation, encryption, multi-signature authorization and threat monitoring, and advertises a $100 million protection fund. These are site claims; an independent audit and detailed fund terms are not published there.
Does LBank offer prediction markets, and are they legal where I live?
Licensing and KYC requirements are not stated on the homepage, so check LBank's terms and local rules before signing up. Its Predict feature displays event-style markets; check whether such products are legal where you live. Online gambling and betting products are for adults 18+ only, where legal, and should be approached responsibly.
Compare
Bank of Ethereum alternatives
OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.
Robinhood is a US brokerage app offering commission-free stocks, options, futures and custodial crypto trading for retail investors.
Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.
Bitget is a centralized exchange for crypto spot and futures that also offers tokenized stocks, commodities and forex in one account, for active traders.
Deribit is a centralized crypto derivatives exchange known for Bitcoin and Ethereum options, plus futures, perpetuals and spot, aimed at active and institutiona
Backpack is a crypto exchange, US stock broker and self-custody wallet offering perps, lending yield and cross-collateral margin in one app.
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Bitvavo is an Amsterdam-based, MiCA-authorized crypto exchange offering 400+ assets, euro deposits, staking and leverage trading for European users.
Crypto.com is a centralized crypto exchange and app for buying, trading and spending 400+ coins, with a Visa card, staking and a separate self-custody wallet.
Coinsquare is a CIRO-registered Canadian crypto exchange with 60+ coins, staking and a wealth service, now described as part of Robinhood.
SwissBorg is a MiCA-regulated European crypto app that aggregates exchanges for trading, with Auto-Invest, Earn and a BORG loyalty token.
Phemex is a centralized crypto exchange offering spot, futures up to 150X, copy trading, bots and earn products for retail and active traders.
NBX is a Norwegian, MiCA-authorized centralized crypto exchange listed on Euronext Growth Oslo, built for Nordic users trading in kroner.
How we checked
Sources
No public sources were recorded for this review.
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