Toobit
LBankIn short: the difference
How Toobit differs from LBank
Toobit is a venue where contracts come before spot. On the market since 2022, jurisdiction: Seychelles, its own TBT token.
LBank is an early-listing venue. On the market since 2015, jurisdiction: British Virgin Islands, its own LBK token.
What Toobit gives you
Against an early-listing venue, Toobit plays a different game: Derivatives come first here: over seven hundred perpetual contracts against USDT, with five hundred-plus spot pairs beside them. There is P2P, copy trading, Earn yield products and the TBT token. Its distinctive trait is how much the exit price depends on the network: the gap between cheap and dear is larger than at any other venue we cover.
Where Toobit is strong
700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.
What LBank gives you
The terminal is strong on contracts, but LBank has its own ground: 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 decides it
Fees, withdrawals and limits: where the gap shows
- Age. LBank has run since 2015, Toobit since 2022 — a gap of 7 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
- Jurisdiction. Toobit sits in Seychelles, LBank in British Virgin Islands. It shapes both the checks you pass and what the venue has to disclose.
- Native tokens. Toobit has TBT, LBank has LBK: holders usually get fee discounts and access to launches.
- Strengths side by side. Toobit: 700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right; LBank: 830 perpetuals, a broad P2P, early listings, running since 2015.
- Which job. Toobit is for derivatives trading and for anyone who picks the network by price, while LBank is for funding, P2P and finding fresh coins.
- Worth remembering. Toobit: coins bought on P2P become withdrawable the next day — plan around it. LBank: we do not show it in cross-exchange spot arbitrage: it serves its book one pair per request.
Which one fits you
Who Toobit suits
Toobit — for derivatives trading and for anyone who picks the network by price.
Who LBank suits
LBank — for funding, P2P and finding fresh coins.
What people ask most
Questions about Toobit
Toobit: How does Toobit help with funding? It publishes the exact time of the next payment for every contract, which most exchanges do not. That lets you step in right before funding instead of holding a position for nothing.
Toobit: How long has Toobit been running? Since 2022, registered in the Seychelles — the youngest venue in our review. We would not advise holding long-term balances on an exchange, here or anywhere.
Toobit: What do contracts cost on Toobit? 0.02% maker and 0.06% taker at tier zero, 0.006% and 0.03% at the sixth. The fee is charged on the position notional and does not depend on the leverage chosen.
Questions about LBank
LBank: Why is there no table of LBank networks and withdrawal fees? The exchange does not serve them programmatically, and we will not retype them by hand: figures like that go stale silently. The fee and the minimum are shown in the account before you send.
LBank: Does LBank support the hryvnia in P2P? Its official description names the dollar, euro, pound, yen, Canadian and Australian dollars, rouble and Indian rupee; the hryvnia is not among them. The venue advertises over fifty currencies but publishes no full list — check the P2P filter.
LBank: How do I fund the account? Through the deposit section: pick the coin and the network, then send to the address shown. Some coins have several networks, each with its own address.
Both at once
When it makes sense to keep accounts on both Toobit and LBank
Most people end up keeping both: one for daily trades, the other for what the first one lacks. The coin is bought where it already trades, moved across and shorted with a contract on the other — that locks the price while the transfer runs.
Live numbers
Live Toobit and LBank 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. Toobit and LBank 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
Where the gap between Toobit and LBank is widest
LBank feeds the scanner P2P in 89 currencies; Toobit in 6. The longer contract list belongs to LBank — 850 perpetuals, against 371. Only Toobit gives a measurable USDT withdrawal: 0.10 over OPTIMISM.
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.
How fresh this snapshot is
Snapshot from 13 November 2026; on the page the figures refresh on every visit.
