LBank Celebrates 9th Anniversary with Over $1,000,000 in Prizes

Singapore, August 16, 2024 – In the rapidly evolving cryptocurrency industry, LBank has established itself as a key player. Over the past nine years, LBank has achieved numerous milestones and has grown into a comprehensive crypto trading platform and a leading exchange in innovative crypto asset categories.

As LBank commemorates its ninth year of innovation and service in the crypto market, the exchange has unveiled a celebration featuring a remarkable $1,000,000 prize pool, including a Porsche Macan!

A Remarkable Journey to the Nine-Year Milestone

Founded in 2015 by Eric He during the early, wild days of the crypto industry, LBank quickly assembled a dedicated team of nearly 20 people within just a week, all driven by a shared passion for blockchain’s potential.

As LBank navigated the ups and downs of the market, their commitment to innovation never wavered. The platform's user base grew significantly, and they introduced new features to meet the evolving demands of the market. Through persistence and adaptation, LBank solidified its brand presence, overcoming countless challenges along the way.

LBank has hosted numerous industry events across more than 200 countries and regions, including New York, San Francisco, Seoul, Ho Chi Minh, Dubai, and Singapore. These events have provided a valuable platform for users, project teams, venture capitalists, media partners, and industry experts to connect and collaborate, further strengthening LBank’s presence and leadership.

Web3 Summit Co-hosted by LBank Labs, an Innovation and Research Division of LBank

Recently, LBank was honored with the "Crypto Exchange for Altcoins and Memes Award" at the Wiki Finance Expo 2024 in Hong Kong, recognizing its commitment to offering a diverse range of innovative crypto assets.

LBank Receives "Crypto Exchange for Altcoins and Memes Award" at Wiki Finance Expo Hong Kong 2024

Today, LBank boasts over 9.2 million monthly visits and exceeds $2 billion in daily trading volume, with market potential that continues to grow. As new trends like DeFi, NFT, and GameFi emerged, LBank swiftly adapted by listing a broad range of assets, catering to the diverse needs of its expanding user base.

Not only that, LBank noticed the potential of meme as an emerging asset and implemented a fast-track listing strategy, an approach that ensures investors have timely access to promising meme coins. Despite its success, LBank has also identified shortcomings in its own product offering, and as a result, CEO Eric He has initiated the ‘Asset Listing Expansion' plan, which aims to diversify and refine its asset allocation in order to strengthen the platform's long-term growth.

Grand Celebrations with over $1,000,000 Prize Pool

As LBank celebrates its nine-year milestone, it extends sincere gratitude to its users for their continuous support. The celebration is packed with generous rewards, featuring a prize pool amounting to $1,000,000, including a Porsche Macan 4 Electric.

The festivities are divided into five parts: “New User Bonuses,” “Daily Check-in Rewards,” “Trade & Win,” “Futures Tournament,” and “Invite & Earn,” offering both new and existing users the opportunity to participate and win exciting prizes.

New users will be rewarded for their first-time actions on the LBank platform, including deposits, spot trading, futures transfers, and more. Consistent daily trading will also result in generous rewards, with larger volume traders earning higher prizes. The Porsche Macan, a dream car for many, will be awarded to the winner of the Futures Tournament. Lastly, inviting friends to participate in the event will give users a chance to share in a $99,999 prize pool.

These festivities mark LBank’s celebration of its perseverance and achievement of the nine-year milestone, as well as its appreciation for the support and trust of its users. Looking ahead, LBank will continue to enhance its product offerings and services, embracing a bright future alongside the crypto industry.

About LBank

Established in 2015, LBank is a premier global cryptocurrency trading platform, serving 10 millions of users globally. Committed to security, innovation, user satisfaction and community engagement, LBank offers a seamless trading experience with  689 cryptocurrencies and 819 trading pairs, including a strong focus on memecoins. Its deep engagement with meme culture and community makes LBank a top choice for crypto enthusiasts.

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Email: press@lbank.com