What are the fees associated with trading on LBank?

3 answers

• Anthony GarciaJul 15, 2024 · a year ago
  Trading on LBank involves various fees depending on the type of trade you are conducting. For spot trading, LBank charges a maker fee of 0.1% and a taker fee of 0.1%. These fees are relatively competitive compared to other exchanges in the market. Margin trading on LBank incurs an interest rate on the borrowed funds, which varies depending on the specific trading pair and the duration of the trade. It is important to carefully consider the interest rate before engaging in margin trading. As for futures trading, LBank charges a maker fee of 0.02% and a taker fee of 0.05%. These fees are subject to change, so it is advisable to check the LBank website for the most up-to-date information. Regarding deposits and withdrawals, LBank does not charge any fees for cryptocurrency deposits. However, there may be network fees associated with the specific cryptocurrency you are depositing. Withdrawal fees vary depending on the cryptocurrency and are subject to change. It is recommended to review the withdrawal fee schedule on the LBank website before making any withdrawals.
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• L BMay 06, 2024 · a year ago
  When it comes to trading on LBank, you'll encounter some fees along the way. For spot trading, there is a maker fee of 0.1% and a taker fee of 0.1%. These fees are pretty standard in the industry. If you're into margin trading, keep in mind that you'll be charged an interest rate on the borrowed funds. The interest rate varies depending on the trading pair and the duration of the trade. It's always a good idea to calculate the potential interest cost before jumping into margin trading. As for futures trading, LBank charges a maker fee of 0.02% and a taker fee of 0.05%. These fees are relatively low compared to some other exchanges. When it comes to deposits, LBank doesn't charge any fees for cryptocurrency deposits. However, you might encounter network fees depending on the cryptocurrency you're depositing. Withdrawal fees vary depending on the cryptocurrency and are subject to change. It's best to check the LBank website for the most up-to-date information on withdrawal fees.
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• ibrahim ahmadAug 01, 2021 · 4 years ago
  When it comes to trading on LBank, you'll encounter some fees along the way. For spot trading, LBank charges a maker fee of 0.1% and a taker fee of 0.1%. These fees are relatively competitive compared to other exchanges. Margin trading on LBank incurs an interest rate on the borrowed funds, which varies depending on the specific trading pair and the duration of the trade. It is important to carefully consider the interest rate before engaging in margin trading. As for futures trading, LBank charges a maker fee of 0.02% and a taker fee of 0.05%. These fees are subject to change, so it is advisable to check the LBank website for the most up-to-date information. Regarding deposits and withdrawals, LBank does not charge any fees for cryptocurrency deposits. However, there may be network fees associated with the specific cryptocurrency you are depositing. Withdrawal fees vary depending on the cryptocurrency and are subject to change. It is recommended to review the withdrawal fee schedule on the LBank website before making any withdrawals.
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