As the cryptocurrency ecosystem continues to evolve, exchanges have transformed from basic trading portals into sophisticated financial infrastructures offering advanced tools, security mechanisms, and diversified investment products Coinlocally vs LBank.
In such an environment, selecting the right exchange becomes a strategic decision—one that depends on security, trading features, user experience, market diversity, and long-term reliability.
Two globally accessible platforms—Coinlocally and LBank—stand out for their expanding user bases, broad market access, and advanced trading functionalities. This article provides a thorough comparison to help traders determine which platform better matches their goals.
LBank, launched in 2015, has established itself as a high-volume, globally recognized platform. Ranking consistently within the top 20 worldwide, it focuses on liquidity, listing diversity, and international expansion. It offers Spot and Futures trading, along with Earn, Launchpad, and automated strategy tools.
Coinlocally, founded in 2019 in Armenia, has grown by emphasizing transparency, usability, and a streamlined trading experience. Supporting 300+ assets and offering features such as Savings, Grid Trading, Copy Trading, and Forex, it appeals to both beginners and advanced traders seeking a clean yet capable environment.
| Feature | Coinlocally | LBank |
| Founded | 2019 | 2015 |
| Headquarters | Armenia | Cayman Islands |
| CoinMarketCap Rank | 80–90 | 10–20 |
| Global User Base | Yes | Yes |
| Mobile App | iOS & Android | iOS & Android |
Coinlocally was designed around three principles: asset safety, operational transparency, and ease of use. Its suite of tools includes Spot and Futures markets, alongside more specialized options like Grid Trading, Copy Trading, and Forex.
Coinlocally integrates multiple protective layers:
Cold Wallet storage for the majority of user assets
2FA for account and withdrawal security
Compliance with AML and FATF standards
Clear, transparent withdrawal and fee policies
A Trade Guarantee Program, compensating users in specific technical issues—an uncommon feature among global exchanges
These measures result in a security posture aimed at both prevention and user confidence.
Coinlocally’s interface prioritizes clarity and simplicity.
Beginners can easily navigate trading pairs and order types, while experienced traders gain access to advanced charting tools and automated strategies.
The mobile application is lightweight, responsive, and aligned closely with the desktop experience.
Supporting 300+ cryptocurrencies and over 600 trading pairs, the exchange offers:
Spot trading (0.1% standard fee)
Futures trading with up to 125× leverage
Grid Trading (Spot & Futures)
Forex trading — a distinguishing feature
Copy Trading
Savings products for earning passive yields
Founded in 2015, LBank has cemented itself as a major player among global centralized exchanges. With millions of active users and a top-tier ranking on CoinMarketCap and CoinGecko, it focuses on trading volume, asset variety, and a diverse set of financial products.
LBank operates with an infrastructure built around:
2FA authentication via Google Authenticator or SMS
Cold storage for long-term asset protection
Anti-phishing codes
Internal security monitoring systems
Historical stability with no major publicized security breaches
While public security audits are limited, the exchange’s long operational track record contributes to its perceived reliability.
LBank supports over 600 cryptocurrencies and 1000+ trading pairs, making it one of the more expansive exchanges available.
Spot trading (0.1% fee)
Futures trading with up to 125× leverage
Spot Grid and Futures Grid trading
Launchpad for early-stage projects
Earn products (staking, fixed yields)
Copy Trading (in development and expanding)
LBank’s interface is functional and feature-rich, though the sheer number of tools may feel complex to first-time traders. A simplified trading mode helps mitigate this.
The mobile app mirrors the web platform and includes advanced order types such as OCO, Stop, and Trigger.
Direct Comparison: Coinlocally vs. LBank
| Security Factor | Coinlocally | LBank |
| Two-factor authentication | Yes | Yes |
| Cold wallet storage | Yes | Yes |
| Public audit reports | Not available (in development) | Limited |
| Withdrawal policy transparency | High | Medium |
| Additional guarantees | Trade Guarantee Program | None specific |
Analysis:
Both platforms implement industry-standard protections. Coinlocally adds enhanced clarity through guarantee programs and transparent policies, while LBank provides a longer operational history and broader global presence.
| Feature Category | Coinlocally | LBank |
| Supported assets | 300+ | 600+ |
| Spot trading | ✔ | ✔ |
| Futures trading (up to 125×) | ✔ | ✔ |
| Grid trading | ✔ (Spot & Futures) | ✔ (Spot & Futures) |
| Copy trading | ✔ | ✔ (developing) |
| Earn/Savings | Savings | Earn + Launchpad |
| Forex trading | ✔ | ✖ |
Analysis:
LBank offers greater asset diversity and more extensive financial products, while Coinlocally provides unique tools such as integrated Forex trading and a mature Grid system.
| Exchange | Strengths | Weaknesses |
| Coinlocaly | Strong security model, clear fee/withdrawal structure, streamlined UX, Grid & Forex trading, trade guarantee | Smaller global footprint, no formal audit report yet |
| LBank | High liquidity, wide asset selection, long operational history, Launchpad & Earn tools | More complex interface for beginners, limited transparency on security reporting |
Final Assessment
Both exchanges are reputable and offer strong capabilities, but they cater to different trader profiles.
A clear and simplified trading environment
High transparency and security-focused features
Advanced strategy tools like Grid and Copy trading
Forex trading integrated with crypto markets
Access to a large global market with deep liquidity
A wide selection of assets and trading pairs
Launchpad participation and diversified Earn products
A platform with a long-standing global track record
In 2025’s competitive crypto landscape, both Coinlocally and LBank offer compelling advantages, but each serves a different trading philosophy:
Coinlocally emphasizes security, clarity, and strategic trading tools.
LBank excels in scale, market depth, and asset diversity.
The best choice ultimately depends on your priorities—whether you value a focused, user-friendly approach or a high-liquidity global marketplace with expansive listings.
Mona Porwal is an experienced crypto writer with two years in blockchain and digital currencies. She simplifies complex topics, making crypto easy for everyone to understand. Whether it’s Bitcoin, altcoins, NFTs, or DeFi, Mona explains the latest trends in a clear and concise way. She stays updated on market news, price movements, and emerging developments to provide valuable insights. Her articles help both beginners and experienced investors navigate the ever-evolving crypto space. Mona strongly believes in blockchain’s future and its impact on global finance.