On November 28, 2024, during the festive spirit of Thanksgiving, Eric He, LBank’s community angel officer and risk control adviser, announced on social media that LBank has officially reached 15 million registered users, and shared the thanksgiving for users’ support.
Meanwhile, the LBank’s Gratitude Week is in full swing, inviting users to share their personal crypto journey and engage with the global community.
This achievement underscores LBank Crypto Exchange’s accelerating growth trajectory and its rising prominence in the global crypto trading landscape. New milestone of 15 million users also marks the beginning of an exciting phase in LBank’s journey, as it continues to provide innovative solutions, cutting-edge technology, and a user-centric platform to crypto enthusiasts worldwide.
LBank Accelerates Market Expansion
Since 2015, LBank Crypto Exchange has captivated the global crypto community with its steady growth. By October 2024, its Q3 report revealed 12 million users. Remarkably, just 49 days later, LBank welcomed an additional 3 million users, highlighting the exchange’s rapid growth.
Eric He, applauded the development process, noting that it is an exciting opportunity for the exchange to expand into the vibrant and competitive crypto market.
"Reaching 15 million users is a significant milestone in our journey toward global expansion. This achievement motivates us to continue enhancing our services, and remain committed to driving the adoption of digital assets and maintaining a dynamic, innovative platform that meets the evolving needs of our users." He stated.
For LBank, always maintaining market competitiveness is its core value. According to CoinGecko, as of November 28, LBank recorded a 24-hour spot trading volume of $2.715 billion, 12.1 million page views, and $67.945 billion in derivatives trading volume, ranking just behind Binance. The platform now supports 697 listed assets and 869 trading pairs, solidifying its position as one of the most versatile exchanges in the market.
This strong performance demonstrates LBank’s increasing influence in both the spot and derivatives markets, attracting a diverse global user base.
Driving Growth Through Liquidity, Innovation, and Community Engagement
In a competitive centralized exchange, liquidity has become the defining indicator of market leadership. In this trend, LBank has set itself apart by rapidly growing its user base, capitalizing on a diverse range of token listings and the creating wealth effect.
According to recent data from 0xscope, LBank Crypto Exchange's spot market share has increased to 3.04%, placing it at 12th globally and surpassing major exchanges like KuCoin, WhiteBIT, and Kraken.
LBank’s listing strategy highlights its ability to align with market trends and deliver value to users.
- In August, LBank partnered with GMGN.AI to enhance user experience and efficiency in navigating the growing memecoin super cycle.
- By Q3, LBank’s meme coin listings delivered an average peak gain of 1,135.94%, according to its quarterly report.
- In November, LBank premiere listed memecoins such as GOAT, ACT, and MOODENG, achieving peak gains of 20,812%, 4,345%, and 4,344%, respectively.
These successes demonstrate LBank’s ability to capitalize on market trends, offering users timely access to high-growth opportunities.
Similarly, the first Launchpool - Cellula generated remarkable returns of up to 2,900%, further showcasing LBank’s knack for innovation and its commitment to creating wealth-building opportunities for its community.
Beyond these, LBank actively participates in global crypto events, reinforcing its position as a trusted, leading crypto exchange. From the TOKEN2049 "Meet Your Meme" party to the Sunset Soiree in Bangkok during Devcon 2024, LBank engages with local markets, strengthening its presence in key regions, including Southeast Asia. These initiatives reflect the platform's vision of fostering a global crypto ecosystem that connects cultures and markets.
Through a blend of strategic token listing, innovative financial products and an active global engagement, LBank continues to position itself as a key role in the global crypto landscape, catalyzing growth and delivering value to its global users.
About LBank
Founded in 2015, LBank is a leading global cryptocurrency exchange, serving over 12 million registered users in more than 210 countries and regions. With daily trading volumes surpassing $20 billion and support for over 800 cryptocurrencies, LBank is committed to delivering a comprehensive and user-friendly trading experience. Through innovative trading solutions, LBank has helped users achieve average returns of over 130% on newly listed assets.
As a pioneer in the Meme coin market, LBank has listed over 240 mainstream Meme coins and 40 Meme gems, with several achieving gains of over 500%. As the industry leader in first-time Meme coin listings, LBank has become the go-to platform for Meme coin investors.
Follow LBank for Updates
Website: https://www.lbank.com/
Twitter: https://twitter.com/LBank_Exchange
Telegram: https://t.me/LBank_en
Instagram: https://www.instagram.com/lbank_exchange
LinkedIn: https://www.linkedin.com/company/lbank
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Email: press@lbank.com
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Dan Burgin
Vladislav Sopov