Sat, April 20

LionBank Sets to Launch a Multi-Platform Exchange with Exciting Airdrop Campaign

Press Release

Today, crypto-asset exchanges are leading the frontiers of the token economy, acting as the prime hub for investors and enthusiasts. LionBank, the multi-platform exchange, is blending the features of both centralized and decentralized exchanges to provide a flexible platform that is fair, transparent and secure.

Early-Stage Participation in the Future of Exchange

With the evolution of blockchain, various projects have been launched to meet the growing demand of users and also bridge the gap between banking, finance and capital markets. However, there’s still a lot of complexity to simplify and ambiguity to demystify. The reason for the creation of LionBank was to let the average joe participate early in what is looking to become the future of exchange with optimum asset and data security.

In order to incentivize its early adopters, LionBank will airdrop 100 GetLION tokens for eligible participants with referral bonuses. At the end of the Airdrop program, users who receive the Airdrop are required to KYC their accounts to convert GetLION tokens to LION – the utility and governance token of Lion Exchange.

According to the exchange, the total supply of GetLion tokens is just 5% of the LION supply, so the system is designed to be sustainable. With the LION token, holders can participate in the rich use cases offered by the exchange, such as staking, defi swap, margin loan, NFT marketplace, p2p lending and more. Also, users are able to refer up to 20 people and earn 5 GetLION for each referral. Top 10 referrers will get up to 200 GetLION and the wallet with the largest amount of LION at the end of the Airdrop Campaign will receive 1000 LION as extra reward.

The airdrop is scheduled to end on August 6th, 2022 and will be distributed on August 15th, 2022. Users can simply hold their tokens using the LionBank wallet or trade on the platform’s exchange for other assets. The reason for involvement of early users is to expand the community and let advocates of the exchange get rewarded with bonuses.

How to participate in the Airdrop

To participate in the airdrop, all users simply need to create an account on LionBank, join its Telegram community and complete the few tasks below.

About LionBank

Lionbank is a multi-application exchange with the best of many features that investors want to have in one place. The hybrid platform which positioned itself as both centralized and decentralized exchanges offer versatile, advanced trading products and features to an active global community of users. The team behind LionBank are investors and enthusiasts who have engaged in multiple blockchain projects and have an in-depth understanding of the technology, its usability and challenges. LionBank prioritizes market fairness, price transparency and features best-in-class functionalities that enhance the flexibility to users’ trading strategies.

LionBank Key Features

With conformity to global regulatory compliance and standards, LionBank provides various cryptocurrency and digital asset trading solutions such as Spot trading, Futures contracts, margin lending, staking, NFT marketplace, launchpad, P2P Lending, Defi Swap, Payment Gateway and Lion Chain. 

Spot Trading 

With a large liquidity system and low transaction fee, LionBank connects users to more than 100 world’s leading exchanges such as Binance, FTX and others.

Margin Loan

Users are able to take advantage of the Margin lending services for top 100 assets with extremely competitive interest rates 

Launchpad

LionBank adopts a rigorous vetting process to filter out scams and rug pulls to ensure the best and safest investments for Lionbank’s users.

Future Contract

LionBank partners with the world’s leading banking and financial groups to provide future contracts and insurance services to protect users against losses.

Staking 

LionBank offers different staking programs with attractive ROI depending on the type of token/coin.

P2P Lending 

LionBank partners with financial corporations to directly provide loans on their Peer-to-peer lending platform with low interest rates.

Defi Swap

Defi Swap is a decentralized exchange feature on LionBank that supports multi-chain and cross-chain with farming, staking and IDO services.

Payment Gateway

LionBank provides online/offline cross-border payment for card services with low payment rates. Users are able to choose between receiving or paying with fiat and crypto

LionChain 

LionChain uses a PoS consensus algorithm to process up to 10,000 transactions per second. Lionchain enables users to enjoy zero transaction fees to reduce the number of native tokens on the exchange. LionChain is developed from Cosmos SDK (same as Crypto.com Chain).

The Future is here

Join the cohorts of crypto enthusiasts who see a future that includes everyone. Learn more at LionBank

Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Monisha is a Senior Programmer in the Automotive Embedded domain. Her interest in the cryptocurrency field made her write about crypto and blockchain-related news.