LBank’s 2022: A year of Challenge and Perseverance

INTERNET CITY, DUBAI, Dec. 30, 2022 – With 2022 almost over, it’s safe to say that we are all glad to leave it behind and face a fresh new year. 2022 has been a year of turmoil and tribulations for the crypto industry.

For LBank, a top 20 global crypto exchange, it certainly has been a significant year of both challenges and opportunities. More importantly, LBank is ready to turn the page and see what is in store for the coming year.

Since its establishment in 2015, LBank has been ever-changing to fit with market trends and has been going strong for more than 7 years. 2022 was no different. Two of LBank’s major goals in the past year were globalization and localization, which refers to expanding to new locations around the world and working with a local team to connect with local users and create regional communities. 2022 was a major year of growth for LBank, which has led to the exchange currently having team members located in more than 20 countries and community managers in more than 15 countries.

LBank has also exhibited in many of the top industry conferences such as Consensus 2022, Bitcoin Miami 2022, Token 2049, and Web Summit Lisbon. “It was a busy year, event-wise. We were so honored to be a part of these conferences. In the first part of the year, cities were starting to open up, and we had some of the first offline crypto events in years. We were so thrilled to meet our users in person,” global event director Stojan Siljanovski told us.

LBank’s Brand update in September 2022 showed a new and improved version of the exchange and gave us a glimpse of LBank’s plans for the following years. LBank’s new logo symbolizes its determination to push for crypto education in emerging markets and bring a new generation of young crypto users to the main stage. LBank also posted its long-awaited diversity video showcasing members of their global team and how much they value workplace diversity and inclusivity.

LBank Labs, an independent crypto investment institution under LBank, was glad to welcome CZhang as a new member of their investment committee. LBank Labs also established a blockchain and crypto fund for Web3 development in Africa, which will be part of a series of funds dedicated to regional crypto and blockchain development. 2023 certainly will see more from LBank Labs.

“For LBank, 2022 certainly was full of challenges,” CMO Kaia Wang said. “But despite everything, we have to keep on moving. As an exchange that has to cater to more than 7 million users worldwide, we simply can’t afford to slow down. We are a rapidly growing company and we are expanding our team and hiring vigorously for new talent. 2022 was a good year for us, but we are ready for the next chapter. We are thrilled to move into this new exciting year with our users, and hope that we can meet new friends along our way.”

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers its users specialized financial derivatives, expert asset management services, and safe crypto trading. The platform holds over 7 million users from more than 210 regions worldwide. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

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