Crypto News

LBank Achieves Major Milestone Cementing Place Among Top Exchanges

LBank reaches 15 million users, solidifying its position as a top crypto exchange. Explore its growth, innovation, and global influence.
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LBank Achieves Major Milestone Cementing Place Among Top Exchanges

Highlights

  • LBank gained 3 million users in just 49 days, reaching a major milestone.
  • LBank ranks 12th globally, surpassing exchanges like KuCoin and Kraken.
  • Successful memecoin listings and Launchpool projects deliver significant returns for users.

LBank has surpassed 15 million users marking a significant milestone in its strong journey. This achievement reflects its rapid growth and commitment to innovation. Today, the exchange engaged its global community through Gratitude Week. By offering user-focused solutions, LBank continues to strengthen its position as a top exchange in the cryptocurrency industry.

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LBank’s Remarkable Growth: Gaining 15 Million Users

LBank community angel officer Eric He revealed that they have reached 15 million users. This milestone highlights LBank’s rapid growth and dedication to innovation. Through initiatives like Gratitude Week, the platform strengthens its global community while cementing its position in the competitive crypto market.

In just 49 days, it attracted an additional 3 million users, up from 12 million in October 2024. This rapid growth showcases its ability to expand in the competitive crypto market. Eric He, the platform’s community angel officer, praised the achievement, highlighting it as a testament to LBank’s strategic approach and global appeal.

LBank’s rise is driven by its innovative strategies, such as launching high-performing meme coins and strategic partnerships. Its spot market share recently climbed to 3.04%, surpassing competitors like KuCoin and Kraken. With a robust listing strategy, active community engagement, and a user-centric platform, the exchange solidifies its position as one of the top exchanges in the industry.

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Driving Growth Through Innovation and Engagement

LBank’s success stems from its ability to capitalize on market trends and deliver user value. The exchange’s listing strategy has consistently aligned with emerging opportunities, particularly in meme coins and innovative financial products.

In November 2024, the exchange listed meme coins like GOAT and ACT, achieving peak gains of 20,812% and 4,345%, respectively. Earlier, its first Launchpool project, Cellula, delivered returns of up to 2,900%, showcasing its commitment to creating wealth-building opportunities.

Beyond its platform, the exchange engages with the global crypto community through events like TOKEN2049 and Devcon 2024. These initiatives strengthen its presence in key markets, including Southeast Asia, and reinforce its vision of fostering a connected global crypto ecosystem.

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LBank’s Trading Volume and Native Token Performance

LBank continues to strengthen its position as a leading cryptocurrency exchange, showcasing impressive performance across both spot and derivatives markets. CoinGecko reported the LBank exchange 24-hour spot trading volume of $2.715 billion and $67.945 billion in derivatives trading volume, ranking just behind Binance. The platform also garnered 12.1 million page views, reflecting its growing popularity among users globally.

Currently, LBank supports 697 listed assets and 869 trading pairs, reinforcing its status as one of the most versatile exchanges in the crypto space. The exchange’s native token, LBK, mirrors its growth and market influence.

LBK price is trading at $0.0108, up 10% in the last 24 hours. This performance underscores LBank’s ability to drive value for its community while maintaining its competitive edge in the global crypto ecosystem.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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