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MEXC or LBank

Both live off coins the top three do not yet carry. A look at how they differ from each other.

Compared by the numbers

All of it is pulled from the platforms as they publish it. Volume is the one figure we skip — the counting rules differ so widely that a side-by-side would mislead rather than inform.

MEXCMEXC LBankLBank
USDT pairs1,413—
Futures contracts1,112848
Networks for USDT8—
Cheapest USDT withdrawal0.0100 BSC—
P2P currencies in our scanner60 currencies89 currencies

The difference in one sentence

MEXC is a zero maker fee and an enormous spot list. LBank is early listings, a wide P2P and open futures data.

Fees

On MEXC the taker pays 0.05% and the maker pays nothing. That is rare: on most venues both sides pay 0.1%. For multi-leg routes it changes the arithmetic entirely — half the route can be walked for free with a limit order.

LBank charges the usual tenths of a percent, falling with volume and with the LBK token. Exact figures live in its help section, so confirm them in your account.

What MEXC gives you

Spot

Fifteen hundred pairs, zero maker fee.

Futures

Over a thousand perpetual contracts.

P2P

Hryvnia, tenge, lira and dozens of other currencies.

Earn

Savings and staking on fresh coins.

Kickstarter and Launchpad

Join launches.

Copy trading

Mirror other traders.

Free USDT withdrawals on Plasma

, sixteen networks in total.

What LBank gives you

Early listing

Its signature trait: new coins often appear here before the large exchanges.

Futures

Over eight hundred perpetual contracts with funding rates published for all of them. LBank takes part in our funding section on equal terms.

P2P

Around fifty currencies, with more offers on some routes than neighbours of the same size.

Earn

Savings and staking.

Launchpad

New token launches.

LBK token

A fee discount.

Age

Running since 2015, ten unbroken years.

Why LBank is not in our spot arbitrage

The reason is technical and worth explaining. Comparing prices needs the best bid and the best ask — the numbers a trade would actually hit. LBank serves its book one symbol per request: covering every pair would take over a thousand calls per refresh cycle.

What it does serve as a list is the last trade price, and no trade fills at that. We prefer not to show numbers that cannot be executed, so LBank is absent from the spot tables. In funding, P2P and the coin rally section it takes part on equal terms.

Early listings: how to work with them

Both venues take coins before the large exchanges — that is their strength. Working with it is simple: before you calculate a spread, look at the daily volume of the pair. On a fresh listing the book is still filling up.

Who each one suits

MEXC — if you trade with limit orders and value the zero maker fee, and want to see its prices in our spot routes.

LBank — if you hunt early listings or work with funding: it publishes everything openly on perpetuals.

What the numbers say

Where MEXC and LBank diverge the most

In our scanner LBank shows P2P in 89 currencies, MEXC in 60. The longer contract list belongs to MEXC — 1,112 perpetuals, against 848. Only MEXC gives a measurable USDT withdrawal: 0.0100 over BSC.

The source of these values

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.

Date of the last recalculation

Snapshot from 12 November 2026; on the page the figures refresh on every visit.

MEXC ↗LBank ↗

Frequently asked

Why is LBank missing from cross-exchange spot arbitrage?
The exchange serves its book one symbol per request — covering every pair would take over a thousand calls per cycle. What comes as a list is the last trade price, and no trade fills at that, so we do not show such numbers.
Where is trading cheaper?
MEXC, if you post limit orders: the maker fee there is zero. LBank charges the usual tenths of a percent.
Which has more coins?
Usually MEXC — its spot list is one of the longest on the market. Current pair counts for both are in the table at the top of this page.
Where do new coins appear first?
It varies coin by coin: both take listings before the large exchanges, and that is their shared strength.
Does LBank have futures?
Yes, over eight hundred perpetual contracts, with funding rates published for all of them.
LBank or MEXC — which should you pick?
It is the same choice whichever way round you write it. The comparison above is built on what can be measured: fees, pair counts, withdrawal chains and funding routes. Look less at which venue is "better" in general and more at which of those matters to you.

Other comparisons and walkthroughs

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