LBank referral code
Get a 10% discount on trading fees and a welcome bonus of up to $10,000 with the LBank referral code:

In this article you will learn everything about the LBank referral code 38M4U. With this code you receive a 10% discount on your trading fees and you unlock access to a welcome bonus of up to $10,000.
LBank is an international crypto exchange with a very large selection of coins, spot trading and futures. Below we explain how the code works, what the exchange offers and what the advantages and disadvantages are.
| Referral code | 38M4U |
| Discount | 10% on trading fees |
| Welcome bonus | Up to $10,000 |
| Number of coins | 900+ |
| Exchange | LBank |
What is an LBank referral code?
An LBank referral code, also called an invite code, is a code you enter when you create your account to receive extra benefits. With the code 38M4U you get a 10% discount on your trading fees and access to the welcome bonus.
You benefit from the discount and the bonus, and the person who shared the code may receive a small commission. It costs you nothing extra, so entering a referral code at sign-up is always worthwhile.
How to use the LBank referral code
Using the code is simple. Follow the three steps below and the discount is applied to your account automatically.
Step 1: Create an LBank account
Go to the LBank website or app and sign up with your email address or phone number. Complete the verification to unlock all features.
Step 2: Enter the referral code 38M4U
During registration, fill in the referral code 38M4U in the referral field. If the field is not shown right away, you can add the code in your account settings.
Step 3: Claim your discount and bonus
The 10% discount is applied automatically once the code is registered. You can then complete the tasks required to unlock parts of the welcome bonus.

10% discount and welcome bonus up to $10,000
With the referral code 38M4U you pay 10% less in trading fees, which makes a real difference for active traders. On top of that you get access to a welcome bonus that can run up to $10,000.
As with most exchanges, that $10,000 is a maximum. The exact amount you receive depends on your deposits, your trading volume and the tasks you complete, so read the bonus conditions carefully.
What is LBank?
LBank is a centralised crypto exchange that has been active since 2015 and serves users in more than 100 countries. It is best known for its very large selection of coins, with over 900 cryptocurrencies available, including many small-cap tokens that list early.
Besides spot trading, LBank offers futures with leverage, staking and various promotions. LBank does not hold a MiCA licence, so availability of certain products can differ per region.
Trading fees at LBank
The trading fees on LBank are competitive and comparable to other large exchanges. With the referral code 38M4U you receive a 10% discount on top of the standard rates, so you keep more of your returns.

Advantages and disadvantages of LBank
Advantages of LBank:
- 10% discount on trading fees with the referral code 38M4U
- Welcome bonus of up to $10,000
- Very large selection with 900+ coins
- Spot trading and futures on one platform
- Early listings of new tokens
Disadvantages of LBank:
- No MiCA licence, so not all products are available in every region
- Smaller tokens can be volatile and carry higher risk
- Less brand recognition than the very largest exchanges
Conclusion
LBank is an interesting exchange for traders who want access to a huge range of coins and early listings. With the referral code 38M4U you start with a 10% discount on your trading fees and access to a welcome bonus of up to $10,000, which gives you a strong head start.