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Market News

LBank Celebrates 15M Users Amid Thanksgiving Festivities

According to its Q3 report in October 2024, the platform had 12 million registered users.

Written By:
Jalpa Bhavsar

Reviewed By:
Jahnu Jagtap

Last updated: November 29, 2024 10:51 AM
Published November 29, 2024 1:30 AM
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Last updated: November 29, 2024 10:51 AM
Published November 29, 2024 1:30 AM

LBank, a leading global cryptocurrency exchange, has achieved a significant milestone, surpassing 15 million registered users as of November 28, 2024.

The announcement came during the festive Thanksgiving season, with Eric He, LBank’s community angel officer and risk control adviser, sharing the news on social media. He expressed deep gratitude for the unwavering support of users, marking this as a pivotal moment in LBank’s growth journey.

Eric He Celebrates LBank's 15M Users
Eric He Celebrates LBank’s 15M Users, Source: X

The milestone represents a rapid acceleration in LBank’s user base. According to its Q3 report in October 2024, the platform had 12 million registered users. In a remarkable display of growth, LBank added 3 million new users in just 49 days. This surge highlights LBank’s growing global appeal, which is driven by its innovation and user-friendly experience.

As part of its celebrations, LBank launched its “Gratitude Week,” inviting users to share personal crypto journeys and engage with its vibrant global community. The initiative reflects LBank’s core values of inclusivity and connection, which have been instrumental in building its diverse user base.

Eric He noted that this milestone is both a celebration and a motivator, emphasizing the company’s focus on driving the adoption of digital assets while enhancing its services to meet users’ evolving needs.

LBank’s market performance further underscores its rising prominence. On November 28, 2024, the platform recorded a 24-hour spot trading volume of $2.715 billion and a derivatives trading volume of $67.945 billion, according to CoinGecko.

Additionally, LBank attracted 12.1 million page views in the same period, solidifying its position as one of the most visited cryptocurrency exchanges. With 697 listed assets and 869 trading pairs, it continues to rival top-tier exchanges, ranking just behind Binance in several metrics.

Founded in 2015, LBank has grown steadily in the competitive crypto market by offering innovative solutions, strong security, and a versatile platform with a wide range of assets and trading pairs, making it a preferred choice for traders worldwide.

Also Read: Metamask users in the US can now buy Crypto with Venmo

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
Follow:
Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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