Sign up on LBank with referral code FEEOTTER and 60% of your futures trading fees come back: 50% automatically from LBank, with nothing to apply for, plus 10% extra from Fee Otter, paid in USDT over BEP20 once you bind your UID (checked 31 October 2026). On 1,000 USDT of monthly fees you get 600 USDT back, 500 from LBank and 100 from Fee Otter. The rebate covers futures only; the LBank signup page lists no spot rebate.
This guide covers the two layers of the LBank rebate, what you actually pay in fees, how much comes back, when it arrives and what existing users can do. Where to enter the code and what the signup page looks like is in LBank referral code.
What is the LBank rebate? Two layers, two payers
| Layer | Paid by | Rate | Condition | Where it goes |
| Automatic rebate | LBank | 50% | Sign up with code FEEOTTER | Your LBank account |
| Extra rebate | Fee Otter | 10% | Bind your LBank UID on the rebate site | Your Fee Otter withdrawable balance |
LBank's 50% appears on the signup page as "You will receive a 50.0% futures fee discount", and LBank handles it directly, without going through Fee Otter. LBank's help center does not say how the discount appears in your account (a lower fee at the time of the trade, or a refund afterwards), so go by what your LBank account shows. The second layer, 10%, is Fee Otter passing on part of the commission it receives. Where each layer comes from is explained in automatic vs extra rebate.
What you pay first: LBank's fees
| Market | Maker | Taker |
| Spot (VIP 0) | 0.1% | 0.1% |
| USDT-margined perpetuals (VIP 0) | 0.02% | 0.06% |
Sources: LBank futures fee instruction (futures, checked 2026-10-31) and the LBank VIP page (spot, checked 2026-10-19). Futures fee = notional value × fee rate, and notional value = contract quantity × execution price. The futures taker fee is three times the maker fee, and every market order is a taker. LBank's VIP page only says fees are paid in USDT; we found no rule for paying fees with a platform token at a discount. All VIP tiers are in LBank fees.
Effective rates after the rebate
| VIP 0 futures | Listed rate | After 60% rebate |
| Taker | 0.06% | about 0.024% |
| Maker | 0.02% | about 0.008% |
The VIP 0 futures taker fee of 0.06% works out to about 0.024% after a 60% rebate. The rebate is a share of the futures fees you actually pay, so at a higher VIP level the fee drops and the rebate amount drops with it, while the percentage stays the same. How exchanges compare after rebates is in perpetual futures fees after rebate.
How much comes back? Five monthly fee levels
| Monthly fees | LBank automatic 50% | Fee Otter extra 10% | Total 60% | Approx. futures volume (all taker) |
| 100 USDT | 50 | 10 | 60 | about 167,000 USDT |
| 500 USDT | 250 | 50 | 300 | about 833,000 USDT |
| 1,000 USDT | 500 | 100 | 600 | about 1.67 million USDT |
| 2,500 USDT | 1,250 | 250 | 1,500 | about 4.17 million USDT |
| 5,000 USDT | 2,500 | 500 | 3,000 | about 8.33 million USDT |
The volume column is worked back from the VIP 0 futures taker fee of 0.06%. With limit orders (maker 0.02%) the same fees take three times the volume. At 100 USDT of monthly fees, withdrawing Fee Otter's 10 USDT over BEP20 costs 0.015 USDT, so 9.985 USDT arrives.
Sign up and bind: five steps
- 1
Sign up with the code
use the button on this page, or type FEEOTTER into the referral code field, and check that the "50.0% futures fee discount" message appears. This step decides LBank's 50% and cannot be fixed after registration.
- 2
Complete KYC
LBank's user agreement requires identity verification before trading. Steps are in
LBank KYC verification.
- 3
Find your UID
it is the number under your avatar once logged in, not your nickname or email.
- 4
Bind your UID
on the
Fee Otter rebate site, choose LBank and paste your UID. It takes effect once we have checked LBank's referral records. No API key or password is needed.
- 5
Trade and check
LBank's 50% shows in your LBank account; Fee Otter's 10% is itemised on the rebate site.
When does the rebate arrive?
| Item | LBank automatic 50% | Fee Otter extra 10% |
| Handled by | LBank, nothing to apply for | Fee Otter |
| Timing | Not stated in LBank's help center; go by your LBank account | Settled daily after the 16:00 (UTC+8) data refresh and itemised on the rebate site |
| How you collect it | In your LBank account | Request a payout in USDT over BEP20: minimum 1 USDT, 0.015 USDT network fee |
| Payout address | Not applicable | An address bound to your account; the first one works right away, later ones after a 24-hour cooling period |
Fee Otter's rules are in the notes to the rebate rates table, and settlement is explained in how fee rebates are settled. Only trading fees count; funding does not. If something seems missing, first check whether you are looking at your LBank account or the rebate site, then see rebate not received.
Already have an LBank account?
LBank's referral FAQ: the referral code cannot be added or modified after registration, and if you forget it or enter the wrong one, you get no rebate from this code. (LBank Referral Program FAQ, updated 2025-10-23, checked 2026-10-31)
LBank publishes no way to change your referrer or transfer KYC, and its ticket categories have no such option. An ID already verified on another LBank account is rejected as "Document already used". LBank publishes no late-entry window, and we do not recommend closing your account to start over. If you already have an account, contact Fee Otter support first. Rules for every exchange are compared in the referral code late-entry and rebind rules by exchange.
The three most common mistakes
- No code at signup. LBank does not accept a code afterwards, so make sure you see the discount message before you submit.
- Expecting a spot rebate. This code's rebate covers futures only.
- Expecting the 10% in your LBank account. Fee Otter's 10% is credited on the rebate site, and you request the payout yourself.
Risks to know before using LBank
LBank lists no financial licence on its website, and regulators in Japan, Ontario, the Philippines and Indonesia have said it operated without registration; keep only money there that you can afford to lose entirely. Higher leverage makes liquidation more likely; LBank's futures rules are in the LBank futures guide, and the operator, proof of reserves and outage record are in the LBank review.
FAQ
What is the LBank rebate rate?
60% of futures fees: 50% automatically from LBank and 10% extra from Fee Otter.
Does LBank pay a rebate on spot?
Not with this code. The LBank signup page lists a futures fee discount and nothing for spot.
Do I need to apply for LBank's 50%?
No. With FEEOTTER entered at signup, LBank applies it; your LBank account shows how.
How do I collect Fee Otter's 10%?
After you bind your LBank UID, it is settled daily on the rebate site. Request a payout in USDT over BEP20: minimum 1 USDT, 0.015 USDT network fee.
My old account has no code. Can I still get an LBank rebate?
LBank does not accept a referral code after registration, and the same ID cannot verify a new account. Contact support first.
Is binding my UID safe?
Binding needs only your UID. No API key, password or withdrawal permission is involved, and your assets stay in your own LBank account.
Information only, not investment advice. LBank's fees, rebates and referral rules can change; LBank's official announcements and the live Fee Otter platform are authoritative.