RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

LakeBTC

LakeBTC Exchange Review

Centralized

LakeBTC or Lake Banking Technology Company, a subsidiary of Lake Investment Limited, is nowadays a bitcoin trading ”platform for pricing, liquidity, security, derivatives and indexes” for individuals and professionals. Founded in 2013 in Kunshan, China, as a bitcoin exchange platform for interested traders and professionals, it gained experience to build its bitcoin platform.

Through its experience, LakeBTC is able to provide its customers with security and privacy for themselves and their funds, as well as the right service through different account types for different needs. Risk measurements and internal control measures are in place that should reduce manipulation, fraud or theft to protect the fairness of the marketplace. Nevertheless, services can be provided in time. 

Therefore, it is one of the exchanges defining the CoinDesk Bitcoin Price Index, member of the International Ripple Business Association Gateway List and belongs to the indexes TeraExchange (offers indices across cryptocurrency spectrum) and WinkDex. 

Special priority for LakeBTC has customer support and high liquidity (achieved through high availability and fast trade matches). Other services offered include bitcoin wallet, where funds are secured at LakeBTC through special security procedures like SSL encryption, 2- step verification, cold storage, etc. and Merchant Tools, which offers free payment without high fees and delays.

Special about LakeBTC is its fee structure that offers declining fees for increasing trading volume.

LakeBTC Exchange Review, Trading Fees, Deposit and Markets

  • 24h Trading Volume

    2246.980 BTC

    • LakeBTC Total Trading Pairs

      N/A

      • LakeBTC Margin Trading

        No

        • LakeBTC Deposit fees

          Free for BCT, other varies

          • LakeBTC Fiat Deposit

            Yes

            • Accepted Payment Method

              None

              • LakeBTC Native token

                No

                • Native token smart contract

                  N/A

                  • LakeBTC Trading Markets

                    N/A

                    • LakeBTC Stablecoins trading

                      N/A

                      LakeBTC Withdrawals

                      • Daily Withdrawal Limit

                        N/A

                        • LakeBTC Withdraw fees

                          FREE, for BTC withdrawals (plus a flat 0.001 BTC for bitcoin network fee)

                          Varies, for LakeBankers. When creating a withdrawal request, you will review the actual fee, which is determined by the market, supply-demand, amount, currency, payment method, your reputation, etc.

                          bank/3rd-party fees are usually not the responsibilities of your LakeBanker, unless otherwise agreed upon beforehand.

                          • LakeBTC Withdraw fees discount

                            N/A

                            • Proof of Reserves

                              N/A

                              LakeBTC Exchange Additional Information

                                • LakeBTC Headquater

                                  China

                                  • LakeBTC Establish date

                                    2013