While the cryptocurrency market faces extreme volatility, layoffs, and frozen withdrawals, veteran exchange LBank is taking an opposite approach—aggressively expanding its workforce and investment initiatives.
Hiring Across 14 Countries, Daily Volume Surpasses $1.7 Billion
Founded in 2015, LBank now serves over 7 million users in more than 210 regions. The current recruitment drive targets countries including Indonesia, Philippines, Morocco, Turkey, Nigeria, and India, reinforcing its global team. Notably, LBank has maintained an unblemished security record—never hacked despite the industry’s rising security breaches.
The exchange reports a daily trading volume exceeding $1.7 billion, with deep liquidity that places it among the top 20 global crypto exchanges.
CEO: ‘Weather the Storm, Bring in Talents’
Allen Wei, Co-founder and CEO of LBank, stated: “We believe in weathering the storm ahead of the sunny day. The structure we enjoy today was built by brilliant minds. This is a great time to bring in more talents who may have unfortunately lost their source of livelihood.”
LBank Labs: $Million Investments in 100+ Projects
Beyond hiring, LBank's venture arm LBank Labs has invested in over 100 ecological blockchain projects and continues to expand. Recent partnerships include the Tezos India “TezIndia Hackathon” and the “Crypto Accelerator Program” with Adanian Labs in Africa.
Comprehensive Services: Spot, Derivatives, Staking, NFTs
The platform offers spot trading, derivatives, staking, and an NFT marketplace, aiming to provide secure, professional, and convenient services to global users. LBank also conducts meetups in cities worldwide to promote education and networking.
This counter-cyclical strategy contrasts sharply with the broader industry trend of downsizing. Whether LBank’s expansion can sustain the bear market remains to be seen.