Questions tagged [lbank]

Maria Thu Sep 05 2024 | 7 answers 1514

Hello there, I'm curious about the legal status of LBank in the United States. As a cryptocurrency enthusiast, I've been eyeing this exchange for some time now due to its extensive range of tokens and innovative features. However, I've come across conflicting information regarding its accessibility in the US. Can you please clarify whether LBank is allowed to operate in the United States or not? Are there any legal restrictions or limitations that I should be aware of before using their services? I appreciate your time and look forward to your response.

Alessandra Thu Sep 05 2024 | 6 answers 1113

Could you please clarify whether or not Know Your Customer (KYC) verification is mandatory for users of LBank? As a potential customer, I'm interested in understanding the platform's security measures and whether they include this crucial step in ensuring the safety and legitimacy of transactions. Additionally, if KYC is indeed required, could you elaborate on the process and what documents are typically needed for the verification? Thank you for your assistance in clarifying this matter.

CryptoWarrior Thu Sep 05 2024 | 5 answers 953

Could you please explain what a limit order is on the LBank platform? I'm curious to know how it differs from other types of orders and how it can be used to my advantage when trading cryptocurrencies. Specifically, I'd like to understand how to set a limit order, what factors I should consider when doing so, and any potential risks or benefits associated with using this type of order. Additionally, I'm interested in knowing if there are any limitations or restrictions on using limit orders on LBank. Thank you for your help!

Dario Thu Sep 05 2024 | 7 answers 1602

I'm curious, can one actually utilize LBank's services without undergoing the verification process? Is there a way to bypass this step and still engage in trading or other activities on the platform? And if so, what are the potential limitations or drawbacks of operating in this manner? I'm eager to understand the full scope of what's possible without completing verification.

Daniela Thu Sep 05 2024 | 6 answers 1369

Could you please elaborate on the legitimacy of LBank as a cryptocurrency exchange? I'm considering using their platform for trading but I want to ensure that it's a SAFE and reliable option. What kind of security measures do they have in place to protect user funds and data? Are there any reports of fraud or security breaches associated with LBank? Additionally, how does their reputation compare to other popular exchanges in the market? I'd appreciate any insights you can provide to help me make an informed decision.