LBank
KrakenIn short: the difference
How LBank differs from Kraken
First in the pair, LBank, is a venue that lists early and often. On the market since 2015, jurisdiction: British Virgin Islands, its own LBK token.
Second in the pair, Kraken, is an exchange for real-money settlement. On the market since 2011, jurisdiction: San Francisco, USA.
What LBank gives you
The regulated venue wins on money, LBank on everything else: One of the elder Asian venues, running since 2015. Eight hundred and thirty perpetuals and a broad P2P across dozens of currencies — stronger than many of its contemporaries on both counts. There is savings, staking and its own LBK token. The exchange is known for early listings: new coins land here before the majors.
Where LBank is strong
830 perpetuals, a broad P2P, early listings, running since 2015.
What Kraken gives you
Against an early-listing venue, Kraken plays a different game: The oldest venue we cover, running since 2011 under US regulation. Its distinction is real money: hundreds of dollar pairs and more euro pairs than anyone else here. There is spot, perpetual futures with hourly funding, staking and institutional services. Kraken is how we compute the live dollar rate in our stablecoin section.
Where Kraken is strong
hundreds of pairs against dollars and euro directly, age and regulation, hourly funding.
What decides it
Fees, withdrawals and limits: where the gap shows
- Age. Kraken has run since 2011, LBank since 2015 — a gap of 4 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
- Jurisdiction. LBank sits in British Virgin Islands, Kraken in San Francisco, USA. It shapes both the checks you pass and what the venue has to disclose.
- Native token. LBK on LBank cuts fees and opens launches; Kraken has no such lever.
- Strengths side by side. LBank: 830 perpetuals, a broad P2P, early listings, running since 2015; Kraken: hundreds of pairs against dollars and euro directly, age and regulation, hourly funding.
- Which job. LBank is for funding, P2P and finding fresh coins, while Kraken is for settling in real dollars and euro rather than stablecoins.
- Worth remembering. LBank: we do not show it in cross-exchange spot arbitrage: it serves its book one pair per request. Kraken: entry-level fees run higher than neighbours — it pays off at larger volumes.
Which one fits you
Who LBank suits
LBank — for funding, P2P and finding fresh coins.
Who Kraken suits
Kraken — for settling in real dollars and euro rather than stablecoins.
What people ask most
Questions about LBank
LBank: How is a VIP tier reached on LBank? Any one of three: thirty-day spot volume, notional derivatives volume or the average daily asset balance. The tier recalculates daily at 10:00 UTC+8, and the first risk of a downgrade triggers thirty days of protection.
LBank: Are LBank futures in your sections? Yes. The exchange publishes a funding rate for every perpetual contract, and LBank takes part in our funding section like everyone else. The current count is in the panel at the top.
LBank: How old is LBank? It has run since 2015 — one of the older venues we cover. Registered in the British Virgin Islands, its token is LBK.
Questions about Kraken
Kraken: What makes Kraken useful for stablecoins? It has genuine USD pairs, which is how we compute the live dollar rate. Without that anchor, USDT’s deviation would be measured against USDT itself.
Kraken: Do these fees apply in the app? No. These are the professional terminal rates. An instant buy in the ordinary interface runs on different terms and a spread, and such purchases do not count toward the volume that sets your tier.
Kraken: Why does Kraken funding look different? The exchange publishes the rate in dollars per contract per hour rather than as a fraction of price, and it accrues hourly rather than every eight hours.
Both at once
When it makes sense to keep accounts on both LBank and Kraken
Keeping both costs less than it seems: signing up is free, and a choice of two quotes usually beats one. Fiat comes in through the regulated venue, while a small sum sits on the early-listing one for new coins: the money arrives clean and the tickers do not pass you by.
Live numbers
Live LBank and Kraken prices side by side
The figures above do not come from marketing pages: we compute them from the same market snapshots as the rest of the site. LBank and Kraken can be compared on facts rather than promises.
Where these numbers come from
Prices are read straight from the venues and refresh automatically. There is no averaged rate here: each exchange has its own, which is why both are shown side by side.
How often they refresh
Spot and futures every few seconds; fee tiers and withdrawal networks once a day.
What the numbers say
What differs most in the LBank and Kraken numbers
LBank carries more perpetuals: 850 where the other has 209. The transfer price stays behind the login on LBank and on Kraken alike. Rather than publish a number we cannot verify, the row keeps a dash. P2P advertisements reach us from LBank alone: 89 currencies.
What this comparison is built on
Pair counts, withdrawal networks, fee rates and the P2P currency list come from the exchanges own public interfaces. Where a venue withholds a field, the table shows a dash and an explanation.
When they were last updated
Snapshot from 13 November 2026; on the page the figures refresh on every visit.
