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The Pi Network ecosystem continues to expand!
Global currency exchange LBank has been added to the list KYB (Know Your Business).
This news excited the Pioneers (Pi users) community.
Article content
- The Pi Network ecosystem continues to expand!
- Audio and video overview [Czech]
- Audio and video overview [English]
- What is LBank? Strengths of the global exchange
- Benefits of adding LBank to the KYB list on Pi Network
- Japanese users, beware! Restrictions on using LBank
- Summary: Hope for the Future of the Pi Network
- Related articles …
- PiNetwork
Estimated reading time: 5 minut
In this article, we will provide you with an easy-to-understand explanation of LBank, its benefits, and how users can use it.
Exchanges with Pi Network – List Confirmed
Audio and video overview [Czech]
Audio and video overview [English]
What is LBank? Strengths of the global exchange
LBank is a centralized cryptocurrency exchange (CEX) founded in Hong Kong in 2015. It is ranked 12th on CoinMarketCap and boasts a thriving 24-hour trading volume of approximately $237,5 million (as of July 2025). Although primarily focused on the Chinese market, it has over 20 million users in over 160 countries.
Key properties
- Assets being processed : Supports over 800 cryptocurrencies. Spot trading, futures, copy trading, and staking are available. New listings are also active, with 366 new stocks added in Q1 2025 and 329 in Q2.
- Security : Multiple licenses, 24/7 support, and strict fraud prevention procedures.
- Collaboration with Pi Network : PI token will be listed on the exchange on February 20, 2025. Trading will begin with the PI/USDT pair and flexible staking (100% APRY with a minimum of 2 PI, no lock-up). The campaign will offer 2% cashback (up to 15 USDT) for PI deposits of $50 or more.
There are also plenty of mobile apps available (iOS/Android), making them easy to use even for beginners. However, it is important to note that they are subject to regional restrictions.
Benefits of adding LBank to the KYB list on Pi Network
The inclusion of Pi Network on the KYB platform is a process of verifying the identity of the company, which strengthens the security and legitimacy of the ecosystem. LBank will be added around September 23, 2025, joining leading exchanges such as OKX and Bitget. This addition brings new opportunities for pioneers.
Summary of main benefits
| Types of benefits | Detailed explanation |
|---|---|
| For users (pioneers) | – Expanded trading opportunities: Buying, selling, and staking PI is now easier. Increased liquidity and campaign rewards offer profitable opportunities. – Improved security: Reduced risk of fraud, secure integration with the mainnet. – Community Growth: Strengthening the ecosystem with new opportunities. |
| For the entire Pi network | – Strengthening legitimacy: Progress in integrating on-chain and liquidity services. – Deepening partnerships: Increased global exposure and adoption rates. |
| For LBank | – Get a Pi Mainnet wallet: Direct connection to the chain is now possible. |
Japanese users, beware! Restrictions on using LBank
This is good news, but disappointing for those living in Japan… LBank is not available in Japan. In February 2025, the Financial Services Agency (FSA) asked Apple and Google to block app downloads for unregistered exchanges, including LBank (Bybit, MEXC, KuCoin, Bitget). In June 2024, they also issued warnings for unregistered operations.
Even the official LBank website clearly states that Japan is not included in the list of covered regions. Although it claims to support 210 countries worldwide, Japan is excluded due to regulatory restrictions. As an alternative, we recommend registered exchanges such as Bitbank, bitFlyer and Coincheck . Be sure to check the latest regulations before trading.
Summary: Hope for the Future of the Pi Network
The addition of LBank to KYB is a symbolic step in the growth of the Pi network. It improves security and utility while providing Japanese users with a choice that complies with domestic regulations. Pioneers, check out the official list.
Related articles …
PiNetwork
Pi Network Announcement
PiNetwork is a blockchain-based cryptocurrency project that aims to allow users to mine coins Pi using smartphones. The project aims to promote the adoption of cryptocurrencies.
The project was launched by doctoral students at Stanford University in 2019. PiNetwork offers users a simple and environmentally friendly way of mining Pi coins by simply opening the app and pressing a button once a day.
One of the features of the Pi network is that users can increase mining speed by expanding their network. Pi Network also aims to increase the value Pi coins by allowing users to create and use web applications on the platform Pi.
PiNetwork is currently launching its mainnet. To to Pi Network To join, you must download the mobile app and enter an invitation code. PiNetwork is an innovative project that aims to pave the way for the future of cryptocurrencies.
How to participate in Pi Network
If you are not a member of the Pi Network, you can get started in 5 minutes by clicking here link. By registering using my referral code jwkkbiz we can earn Pi both. Pi Network is an application that allows you to easily mine the cryptocurrency "Pi" on your smartphone. By pressing a button once a day, you start mining for 24 hours, even if you leave your phone idle. In 2024, I mined 360 days a year, and those who accepted the invitation received many benefits. If you register using a referral code jwkkbiz, you will get a 25% increase in mining speed.
After 30 minings you will pass KYC (Know Your Credit), so remember to enter your real name when registering. If you register incorrectly, you will lose 20% as a penalty.
For more detailed information and reasons for registration, please see here.
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