As LBank continues to serve global traders, its innovative services, compliance foresight, and global influence will undoubtedly further solidify its position as a leader in the cryptocurrency industry.
On October 14, Eric He, LBank's Chief Angel Officer and Risk Control Advisor, revealed the current market planning and global compliance strategy layout on social media. He stated, "To better meet the regulatory requirements of various regions, LBank's official independent site will be launched in multiple regions by the end of this year or early next year."
As a leading global cryptocurrency trading platform, LBank is actively promoting compliance and business expansion. This initiative marks a new phase in its globalization strategy, aiming to provide more localized and compliant trading services, accelerate its globalization efforts, and unlock more market possibilities.
LBank: A Pioneer in the Cryptocurrency Exchange Field
Founded in 2015, LBank has steadily grown to become one of the world's leading cryptocurrency exchanges, with registered users exceeding 12 million across more than 200 countries and regions.
LBank is an innovative comprehensive trading platform that offers spot trading, contract trading, copy trading, and staking services to meet the diverse trading needs of investors. According to CoinGecko, LBank's monthly page views reach 10.8 million, with 712 tokens and 861 trading pairs listed, and its daily spot trading volume has reached $1,871,492,281, consistently ranking in the top ten of the cryptocurrency industry and fifteenth globally.
LBank was the first to launch contracts for small-cap tokens, especially meme contracts, which are unique to LBank. The platform officially supports the use of USDT as margin, with a maximum leverage of up to 200, providing diverse trading opportunities for more market risk investors.
In July 2023, LBank launched the "One-Click Copy Trading" product, quickly capturing the contract market and effectively addressing issues such as high entry barriers and complicated operations in contract trading. Subsequently, LBank has repeatedly optimized and upgraded this product, adding diverse following methods and comprehensive copy trading stop-loss tools, allowing users with no prior experience to achieve intelligent copy trading management through flexible strategies. The refined copy trading features for lead traders enable partial liquidation, one-click reversal, and limit order management, and support automated APIs, allowing professional traders to experience refined contract trading. According to LBank's official website, as of October 14, this product has attracted thousands of top traders, with the highest cumulative return rate reaching 1,284.82% in the past 30 days.
Using MEME as a Lever to Sweep the Cryptocurrency Market
Finding ways to continuously squeeze more market share in a limited space is no easy task. At a time when the entire market is engulfed in FOMO and chaos, LBank has taken a different approach. Starting from market liquidity, in July 2023, LBank Labs established a special fund of $10 million targeting the MEME sector and will innovate its listing strategy in 2024, gradually shifting its focus to emerging meme assets and creating a dedicated meme section to follow market trends.
On March 18, LBank listed SLERF and, in response to SLERF's "unexpected burn," LBank was the first to donate and act as the donation address custodian, jointly launching an on-chain donation plan with SLERF, attracting nearly 100,000 users to participate. On June 10, LBank kicked off the "LBank MEME King" competition, involving nearly 30 meme projects and attracting around 300,000 meme enthusiasts. On August 15, LBank partnered with GMGN.AI to support the arrival of the "meme super cycle."
During this period, at the 2024 Hong Kong Wiki Finance Expo, LBank was awarded the "Crypto Exchange for Altcoins and Memes Award." According to incomplete statistics, LBank has listed hundreds of meme assets, among which MooDeng, Neiro, Miggles, SPX, Fight, and other Gem MEMEs have achieved over 500% growth, attracting inflows of tens of millions and fueling high market sentiment.
LBank Accelerates Globalization Strategy Layout
Starting in 2024, LBank has accelerated its global compliance process. At the "Web3 Summit Dubai" hosted by LBank Labs in March, it successfully invited Mohammed Alblooshi, CEO of the Dubai International Financial Centre (DIFC), and Ahmed Bin Sulayem, CEO of the Dubai Multi Commodities Centre (DMCC), as official institutional partners to participate and deeply discuss core issues related to compliance and policy.
So far, LBank has integrated ten fiat trading providers, including Simplex, Mercuryo, Banxa, and Alchemy Pay, to help users safely and conveniently convert between cryptocurrencies and fiat currencies. It is reported that LBank supports 113 fiat currencies and four cryptocurrencies, covering more than 200 countries and regions, providing various settlement methods including Visa and Apple Pay.
For LBank, ensuring the highest standards of security and compliance with relevant regulations is its core value. Currently, LBank has obtained compliance licenses from multiple countries and regions, including the United States, Canada, Italy, and Australia. This forward-looking compliance strategy keeps LBank at the forefront of the industry, allowing it to flexibly respond to the ever-changing global regulatory environment.
As LBank continues to serve global traders, its innovative services, compliance foresight, and global influence will undoubtedly further solidify its position as a leader in the cryptocurrency industry. Looking ahead, LBank is optimistic about the global compliance strategy process—this will be a bright future filled with innovation, breakthroughs, and localization.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
