Dubai, UAE, June 29 2024 — LBank, a premier global cryptocurrency exchange, has solidified its position as a market leader in the first half of 2024. Achieving significant milestones, LBank continues to demonstrate robust performance and growth across various metrics. The exchange consistently ranks in the top 15 on CoinMarketCap, boasts a daily trading volume exceeding $1.5 billion USD, and has grown its user base to over 9 million registered accounts. With over 800 trading pairs, LBank provides extensive liquidity and diverse investment opportunities for its expanding user community.
Major Achievements
Crypto Exchange for Altcoins and Memes Award
LBank received the prestigious "Crypto Exchange for Altcoins and Memes Award" at Wiki Finance Expo Hong Kong 2024. This award recognizes LBank’s commitment to offering a leading trading platform for a wide range of cryptocurrencies, including high-potential altcoins and meme assets. Since its founding in 2015, LBank has built a strong reputation for security, professionalism, and user convenience, providing services such as cryptocurrency trading, derivatives, staking, and investments through LBank Labs. This accolade underscores LBank's dedication to excellence and innovation.
LBank Launchpad $ECHO
LBank successfully launched the fourth phase project, EchoLink, attracting 74,164 investors who collectively invested 130,425,381 USDT. EchoLink, powered by Solana's blockchain, serves as a pivotal oracle solution for DePIN IoT devices, enabling secure and verifiable data transactions through innovative Zero-Knowledge Proof encryption mechanisms. The project experienced a remarkable 1160% surge in token value, reflecting strong investor confidence and LBank's capability to support cutting-edge blockchain infrastructure.
LBank & $Pandora
LBank facilitated the initial centralized exchange (CEX) launch of #PANDORA, emphasizing its commitment to supporting emerging blockchain projects. A dedicated webinar on February 8th allowed the Pandora team and industry leaders to discuss new opportunities within the crypto market, demonstrating LBank's role in fostering community engagement and project growth.
LBank & $Slerf
In collaboration with $Slerf, LBank hosted a successful Donation Campaign, showcasing its dedication to transparency and community-driven initiatives. During the latest round of presale refunds for @Slerfsol, LBank refunded 40,939.31 $SOL, reinforcing its reputation as a trustworthy platform committed to supporting blockchain projects and their communities.
International Conferences and Engagements
Web3 Summit Dubai 2024
As a co-organizer, LBank Labs played a pivotal role in the Web3 Summit held in Dubai, focusing on the latest trends and advancements in Web3 technology. This event underscored LBank's leadership and commitment to shaping the future of decentralized technologies through collaboration and innovation within the blockchain and digital finance sectors.
LEAP 2024
At LEAP 2024, LBank Labs signed a Memorandum of Understanding with I4RLab, marking a significant step towards enhancing Saudi Arabia's tech ecosystem in line with Saudi Vision 2030. This partnership highlights LBank's proactive approach in supporting global technological advancements and sustainable development goals through strategic collaborations.
Yale Blockchain Annual Conference
LBank showcased its thought leadership at the Yale Blockchain Annual Conference, participating as a key speaker on April 6th. By sharing insights on blockchain innovations, LBank contributed to advancing industry knowledge among global thought leaders and academia.
SPAX 2024
Co-hosting SPAX 2024 in Morocco, LBank Labs promoted innovation across diverse sectors, including technology, engineering, healthcare, and automotive industries. The event, themed "Let's Innovate Together," facilitated meaningful discussions and collaborative initiatives aimed at driving technological advancements and societal impact across the region.
Consensus 2024 Sponsorship
LBank's sponsorship and participation in Consensus 2024 in Austin, Texas, underscored its pivotal role in the global cryptocurrency and blockchain community. Consensus, renowned for bringing together industry leaders and enthusiasts, provided LBank with a platform to showcase its achievements, innovations, and future initiatives.
In the first half of 2024, LBank has demonstrated an unwavering commitment to innovation, transparency, and community engagement within the cryptocurrency and blockchain sectors. By achieving significant milestones, such as the successful launch of EchoLink and fostering strategic partnerships at international events like Web3 Summit Dubai and Consensus 2024, LBank continues to set benchmarks for excellence in the global digital finance landscape. Looking ahead, LBank remains dedicated to expanding its ecosystem, supporting cutting-edge projects, and driving forward the adoption of blockchain technologies worldwide.
For further inquiries or media requests, please contact:
Eddy Wang, PR Manager at LBank
Email: eddy.wang@lbank.com
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