Singapore, December 30, 2024 – LBank, a leading global cryptocurrency exchange, has released its 2024 Annual Report, showcasing a year of extraordinary achievements across various domains, including leap growth, product innovation, global branding, and compliance.
In 2024, LBank reached remarkable new heights in growth. The platform achieved over 15 million registered users worldwide, with daily spot trading volumes exceeding $2.7 billion and derivatives trading volumes surpassing $67 billion. Also, LBank has listed over 240 mainstream Meme assets, with over 40 achieving a growth rate of more than 500%, including standout projects like Fight, MOODENG, GOAT, ACT, and Fartcoin. What’s more, LBank launched several impactful campaigns, including a donation drive with SLERF and a strategic partnership with GMGN.AI.
In terms of product innovation, LBank introduced a range of new features to enhance user experience. LBank has listed Cellula and REVOX on Launchpool with 1,904.5% average gains. LBank continued to enhance user benefits through initiatives like pre-market trading and 173 airdrop campaigns, providing substantial rewards to its community.
LBank Labs, the platform’s investment arm, also made significant contributions in 2024. Managing assets worth $100 million, the Labs team invested over 20 innovative projects, including XION and Usual, and collaborated with mainstream chains including TON and Solana. By publishing insightful research reports on trending sectors, especially Memecoins report, has attracted much attention from the market, comprehensively and deeply analyzing the current Meme ecological value and future development prospects.
Global branding initiatives further strengthened LBank’s presence. The exchange hosted industry events such as the “Web3 Summit Dubai” and Singapore’s “Meet Your Meme” afterparty, which attracted thousands of participants. The 9th-anniversary campaigns brought in over 500,000 new users and $50 million in net capital inflows, while the exclusive interview series, LBank Pulse Focus, featured prominent industry figures, further engaging the crypto community.
On the compliance front, LBank achieved significant milestones by obtaining the Alabama MTL license and several state-level approvals in the U.S. Meanwhile, advanced security measures successfully protected user assets, preventing potential losses of $1.2 billion.
“2024 has been a milestone year for LBank, and we are proud to share this journey with our users,” Eric he said. “As we look forward to 2025, we remain committed to driving growth, innovation, and inclusivity in the crypto space.”
As LBank looks ahead to 2025, the focus remains on driving growth, innovation, and inclusivity in the crypto space. LBank aims to expand Web3 adoption, explore emerging asset classes, and enhance transparency, security, and trading experiences. With a user-first approach and innovation-driven strategies, LBank is poised to embrace the opportunities of a thriving crypto market while continuing to create value for its global community.
About LBank
Founded in 2015, LBank is a leading global cryptocurrency exchange, serving over 15 million registered users in more than 210 countries and regions. With daily derivatives trading volume of more than $67 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.
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
Email: press@lbank.com
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