Is LBank trading platform legal?

LBank trading platform is legal and holds certifications such as US MSB, Canadian MSB and EU VASP licenses, and implements strict security measures: multi-factor authentication, cold storage distributed server, SSL encryption, regular security audits

LBank trading platform Legality and Safety

Is the LBank trading platform legal?

Yes, the LBank trading platform is legal. The platform was established in Hong Kong in 2015 and has since obtained multiple compliance certifications and licenses, including:

• US MSB License
• Canadian MSB License
• EU VASP License
• KYC/AML Certification

Is the LBank trading platform safe?

LBank trading platform adopts a series of strict security measures to protect users’ funds and data, including:

• Multi-factor authentication: Requires users to perform two-factor authentication via email, SMS or Google Authenticator .
• Cold Storage: Most user funds are stored in offline cold wallets to prevent cyber attacks.
• Distributed server: The trading platform utilizes distributed server architecture to increase the ability to resist DDoS attacks and downtime.
• SSL Encryption: Websites and apps use SSL encryption to protect user data from eavesdropping.
• Regular Security Audits: The platform conducts regular independent security audits to identify and fix any potential vulnerabilities.

Additionally, LBank partners with leading cybersecurity companies to provide the platform with an additional layer of protection. Together, these measures ensure that the LBank trading platform is a safe and regulated virtual currency trading platform.

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