LBank launched two new fiat-to-crypto features today, May 25, 2026: Fiat Deposit and Buy Crypto by Fiat Balance. The exchange backs the rollout with a promotional campaign that started May 22 and runs through June 10, offering zero-fee deposits and up to 35 USDT in rewards for qualifying users. The move targets European users who prefer bank transfers over stablecoin bridges or card on-ramps.
How the new features work
Fiat Deposit supports SEPA, SEPA Instant, and Wire transfers — no credit cards or third-party processors. Once the fiat arrives in the user's account, the Buy Crypto by Fiat Balance feature lets them instantly buy or sell crypto using that balance. No extra steps. LBank says the buy/sell happens directly from the fiat wallet inside the app. To access the features, users need Android 7.9.8 or iOS 6.0.1 or above.
The promotional campaign
The campaign is straightforward. A user's first single fiat deposit over 50 USDT equivalent gets them zero fees on that deposit plus a 5 USDT cashback. If they then use the fiat balance to buy crypto worth more than 100 USDT equivalent, they get an additional 30 USDT Futures Bonus. Total potential reward: 35 USDT per user. The promotion runs until June 10 (SGT).
LBank's track record
Founded in 2015, LBank now serves over 20 million registered users across more than 160 countries. The exchange claims daily trading volume exceeding $10.5 billion and says it has recorded zero security incidents in its ten-year history. It lists over 300 mainstream coins and more than 50 "high-potential gems" — smaller tokens it selects for early access. LBank asserts average returns of over 130% on newly listed assets, though past performance caveats apply.
LBank Pay already supports nine fiat currencies. The company says an LBank Card is coming, which would let users spend their crypto and fiat balances in the real world. No launch date yet. For now, the focus is on bringing traditional bank rails into the exchange — starting with SEPA and Wire deposits that compete directly with card-based on-ramps.
