LBank Reaches 15 Million Users, Marking a Major Milestone in Global Crypto Exchange Growth

November 28, 2024 - Munich, Germany – In a significant achievement for the crypto exchange world, LBank, one of the leading global cryptocurrency platforms, has officially surpassed 15 million registered users. The milestone was announced by Eric He, LBank's Community Angel Officer and Risk Control Advisor, during the festive celebrations of Thanksgiving. Eric He took to social media to express his gratitude to users for their unwavering support and shared his excitement for the future growth of the platform.

As part of the celebration, LBank launched its Gratitude Week, inviting users to share their personal crypto journeys and engage with the global LBank community. This initiative underscores LBank’s commitment to fostering an active and connected user base while acknowledging the growing influence of its platform.

A Rapidly Growing Platform

LBank’s achievement of 15 million users highlights the platform’s accelerating growth and rising prominence in the competitive global crypto exchange landscape. Just two months earlier, LBank’s Q3 report revealed it had 12 million users, making the addition of 3 million users in a span of only 49 days all the more remarkable.

Eric He commented on this growth, emphasizing the significance of reaching the 15 million user mark:

"Reaching 15 million users is a key milestone in our journey toward global expansion. It motivates us to enhance our services further and solidifies our commitment to promoting the adoption of digital assets. Our goal is to continue providing a dynamic, innovative platform that meets the evolving needs of our diverse user base," he said.

Market Performance and Trading Volume

LBank's strong performance is a testament to its ability to maintain competitiveness in the fast-paced crypto market. According to CoinGecko, as of November 28, 2024, the platform recorded a 24-hour spot trading volume of $2.715 billion, 12.1 million page views, and an impressive $67.945 billion in derivatives trading volume. These figures place LBank just behind industry giant Binance, cementing its status as one of the most influential players in the crypto space.

LBank now supports 697 listed assets and 869 trading pairs, further establishing its reputation as one of the most versatile exchanges in the market. This robust performance is indicative of LBank's growing influence in both the spot and derivatives markets, attracting a diverse and expanding global user base.

Driving Growth Through Liquidity and Innovation

In the fiercely competitive landscape of centralized exchanges, liquidity has become a key driver of market leadership. LBank has set itself apart by rapidly scaling its user base, capitalizing on a diverse range of token listings, and creating wealth-building opportunities for its community.

Recent data from 0xscope highlights LBank's increasing market share in the spot market, with its share now standing at 3.04%, positioning it 12th globally and surpassing notable exchanges like KuCoin, WhiteBIT, and Kraken.

LBank’s strategic listing approach has been a driving force behind its growth, with the exchange continuously aligning its offerings with market trends. In August, LBank partnered with GMGN.AI to enhance user experience and efficiency amid the growing memecoin super cycle. By Q3 2024, LBank’s memecoin listings had delivered an average peak gain of 1,135.94%, according to its quarterly report.

In November 2024, the exchange introduced new memecoins like GOAT, ACT, and MOODENG, which achieved remarkable peak gains of 20,812%, 4,345%, and 4,344%, respectively. These successes highlight LBank’s ability to spot emerging trends and offer users timely access to high-growth opportunities.

Record-Breaking Launchpool and Community Engagement

LBank has also demonstrated its commitment to innovation through its Launchpool, which has produced remarkable returns. The Cellula Launchpool, for example, generated gains of up to 2,900%, further showcasing LBank's ability to provide wealth-building opportunities for its community.

Beyond its market performance, LBank actively engages with the global crypto community. The exchange participates in significant industry events, such as the TOKEN2049 “Meet Your Meme” party and the Sunset Soiree in Bangkok during Devcon 2024, to reinforce its presence in key markets, including Southeast Asia. These initiatives are part of LBank’s vision of connecting global crypto ecosystems and expanding its footprint in strategic regions worldwide.

LBank’s Future Vision

As LBank continues to build on its success, the platform remains focused on maintaining market competitiveness while driving innovation. With the ongoing expansion of its user base and an ever-growing list of features, LBank is positioning itself as a critical player in the global crypto ecosystem. By providing high liquidity, innovative financial products, and engaging with the global community, LBank is poised for continued growth.

About LBank

Founded in 2015, LBank has rapidly become one of the leading global cryptocurrency exchanges, offering a user-friendly platform to 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 trading experience. The exchange has consistently helped its 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 many achieving impressive gains of over 500%. Recognized for its leadership in meme coin listings, LBank has become the go-to platform for meme coin investors.

To learn more about LBank, visit their official website and follow them on social media:

Website | Twitter | Telegram |Instagram | LinkedIn

This achievement marks just the beginning of LBank’s ongoing journey toward global expansion, and with its user-centric approach and innovative solutions, the platform is set to continue playing a significant role in the evolving world of cryptocurrency.