Dear LBank users:
LBank completed the subscription of BTC at 20:00 (UTC+8) in November 18th and will now announce the subscription results. The subscription time is from 18:00 to 20:00, and orders during the 2 hours are treated equally. 1551 users placed orders, with total value of 5,469,333.4005 USDT, and total transaction amount is 188,275.7531 USDT,with a subscription transaction ratio of 3.44%. LBank has distributed the actual subscription quota according to the proportion of individual subscription amount to the total order amount. All the USDT earned from sales will be used for repurchasing LBK in the public market and send to the public address for burning.
At present, the purchasing has been completed. Details of the repurchase orders are as follows
Burned 3,709,085 LBK which is equivalent to 189,970.67 USDT. Average transaction price is around 0.051 USDT/LBK.
* Excess transaction will be deducted from LBank's fee income as the main expense.
All the repurchasing LBK has been sent to the public address for burning.
Burning Tx Hash:
Burning address: 0xb8e52b05faf9490507a0f5e8ed0c286ef0c21ef6
If you have problems, please contact LBank official email: email@example.com, and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBankinfo.