Internet City, Dubai, June 15, 2022 — Global crypto exchange LBank joined CoinDesk’s Consensus as a first-time sponsor and exhibitor, hosting an insightful speaking session and attracting a diverse crowd of attendees to its LBank & Friends afterparty with LBank representatives and friends. Austin, Texas was welcoming to the top-25 crypto exchange, giving LBank the chance to meet fans and users in person while showing off its ambitions and plans for the United States market. 

It was a busy and fruitful weekend for the LBank team. Consensus 2022 was the first in-person Consensus event since 2019, with more than 17,000 joining worldwide. LBank’s team got a rare opportunity to show off what it’s accomplished in its seven-year run through a variety of mediums, including a formal exhibition and speaking session. 

In a session titled The Future of Centralized Exchanges: DeFi, Metaverse and Web3, LBank chief operating officer Shantnoo Saxsena spoke with chief media officer Kaia Wang and LBank Labs CEO Jeff Zhou about the future of centralized exchanges (CEXs) in crypto. Even with the rise of decentralized finance (DeFi), CEXs are indispensable in the crypto-sphere in providing certain services to the public still needed at this stage of development. 

Saxsena shared LBank’s efforts to provide more crypto education to the public: “We [are] currently engaged in an educational effort in a bid to increase users’ knowledge about crypto and to also capture more users into the space.” 

On June 11, LBank hosted a successful afterparty called LBank & Friends for attendees to mingle after the main conference. The event, co-hosted by AMBCrypto and NewsBTC, had a diverse gathering of 500 attendees from all corners of the industry. Crypto sponsors were Frz Solar System (FRZSS), ShibaDoge (SHIBDOGE), Football World Community Token (FWC), GulfCoin (GULF) and My Liquidity Partner (MLP). 

Consensus 2022 has been LBank’s second major exhibition appearance in the US, including an exhibition at Bitcoin Miami earlier this year. 

“We’ve achieved a lot during our time here, and you will certainly see more and more from LBank soon,” Wang said.

About the sponsors:

  • Frz Solar System, with the help of key partners and investors, intends to purchase, equip and build new solar power plants. It also plans to invest in other physical projects to help countries demand electricity, protect the environment from air pollution and increase nations’ welfare.
  • ShibaDoge was created on Dec. 24, 2021, by significant Dogecoin (DOGE) and Shiba Inu (SHIB) investors to unite the two crypto communities. The coin’s short-term goal is to merge 1% of that audience, creating value for more than 50,000 tokenholders and $400 million-plus in value. As of June, the token has more than 18,000 tokenholders and 100,000-plus social media followers. ShibaDoge is a decentralized ecosystem with NFTs and a launchpad for new crypto-based projects.
  • Football World Community Token was created to bring football and cryptocurrencies together for users to enter the world of crypto football. FWC Token is based on BNB Smart Chain, which ensures crypto assets’ authenticity, traceability and immutability. Its creators share a passion for football and cryptocurrency, and the token can be used to purchase football tickets, book hotels, use various related services, place bets and participate in lotteries. FWC will carve its place in the metaverse and NFT-football game space.
  • GulfCoin, a digital currency developed by Gulf Software & Technology, is assisting marginalized communities in joining the digital revolution. GulfCoin has a one-to-one burning strategy during its initial coin offering (ICO) — a feature that limits the total supply and protects it from market manipulation. In its ICO, Gulfcoin has already reached a soft cap and is headed for a hard cap. It’s lasted on LBank as of today and is the currency used for upcoming Gulf projects. Gulf Exchange is an advanced trading platform coming this month, and Gulf NFT Marketplace is an online platform for digital artwork coming afterward.

About LBank 

LBank, founded in 2015, is an innovative global trading platform for various crypto assets that provides users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto-trading platforms, with more than 7 million users from more than 210 regions worldwide.

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