In a recent development, LBank, a renowned cryptocurrency exchange, has stepped forward to address misleading claims by certain projects about their listing status on the platform. This move underscores the exchange’s unwavering commitment to transparency and user protection. 
LBank recently identified false information regarding the listing of “Zetcoin (ZET)” originating from Kirgizistan. Such incidents prompted the exchange to reiterate the rigorous processes they employ before listing any project. 
Here’s an overview of LBank’s Listing Standards: 
<ul> 
 <li>Verification Process: LBank stands firm on its mission to offer only the most genuine and value-driven projects to its users. Every project undergoes a stringent verification process. Details pertaining to projects, such as Zetcoin (ZET), can be verified at its specific contract address.</li> 
 <li>Project Examination: This includes a thorough understanding of a project’s essence, industry trends, unique selling points, and potential for growth.</li> 
 <li>Public Engagement Metrics: LBank evaluates a project based on its activity and followers across platforms like Twitter, Telegram, and Discord.</li> 
 <li>Team Evaluation: The credibility of the team, their professional experience, technical prowess, and operational challenges faced are all taken into account.</li> 
 <li>Product Assessment: LBank looks into the technical applications’ necessity and innovativeness, its technological progress, and how it stands in its ecosystem.</li> 
 <li>Market Performance Analysis: The exchange conducts a broad review based on the number of listings on other exchanges, pricing trajectories, Total Value Locked (TVL), trading volumes, and the number of holder addresses.</li> 
</ul> 
LBank’s dedication to its user base is evident in its meticulous selection of projects. The platform takes great lengths to ensure that only the most reliable projects are presented to its community. 
In light of these revelations, the general public and LBank users are advised to remain discerning and rely solely on official channels for accurate information regarding LBank’s listings. 
About LBank 
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

LBank Refutes Claims of Unauthorized Listings; Emphasizes Integrity and Standards

Crypto Daily™

Other articles published on Aug 29, 2023

Is Ethereum a Better Investment Than Bitcoin?

7 Best Crypto Payment Gateways for Businesses in 2023

SEC Takes Its First Enforcement Action Against NFT Offerings

HydraGon: Hydra’s Quest to Unlock the Next Evolution of Blockchain

Polygon Labs Launches Chain Development Kit for Building Ethereum Layer2s

Exploring Linea: The Layer 2 solution from the makers of MetaMask

Join our free newsletter for daily crypto updates!