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LBank Pay now supports direct payments in over 20 crypto assets including Bitcoin and Ethereum from June 11 2026, with a $20,000 USDT lucky‑draw promotion.
LBank Pay upgraded on June 11 2026 to enable direct payments in more than 20 major cryptocurrencies—most notably Bitcoin (BTC) and Ethereum (ETH)—eliminating the need to first convert holdings to USDT and sparking a $20,000 USDT lucky‑draw campaign to drive user adoption【2】.
| At a glance | |
|---|---|
| Upgrade date | June 11 2026 |
| New assets | >20 crypto assets (BTC, ETH, SOL, DOGE, TON, PEPE, etc.) |
| Promotion | $20,000 USDT lucky‑draw (June 11‑21) |
| LBank scale | 20 million users, $10.5 billion daily volume |
The upgrade adds direct multi‑asset payment support for a mix of blue‑chip layer‑1 tokens (BTC, ETH), high‑throughput ecosystems (SOL, BNB, TON, SUI, XRP, ADA, AVAX, TRX, HYPE), meme‑driven coins (DOGE, PEPE, PI), AI‑focused tokens (TAO, NEAR) and real‑world asset‑backed tokens (XAUT, PAXG, ONDO)【2】. By allowing merchants to accept any of these assets without an intermediate USDT conversion, LBank Pay aims to reduce friction and speed settlement to the millisecond level, leveraging the exchange’s liquidity engine and risk‑control network.
To encourage usage, LBank launched a “Lucky Draw” campaign running from June 11 to June 21, 2026. All KYC‑verified users who complete tasks such as deposits, LBank Pay transactions, token holdings, or referrals can win USDT cash, futures experience bonuses, position vouchers, cashback coupons, or jackpot prizes, with the total prize pool valued at 20,000 USDT【2】. LBank’s broader ecosystem supports over 20 million registered users across 160 countries, processes more than $10.5 billion in daily trading volume, and has a ten‑year track record of zero security incidents【2】.
The expansion positions LBank Pay as a more versatile bridge between crypto holdings and everyday commerce, testing whether broader asset acceptance can translate into measurable payment‑volume growth.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jun 18, 2026 · How we report
Traditional banks are cautious toward Crypto Payments because fragmented global regulations and the unique nature of blockchain transactions complicate established systems for KYC, transaction monitoring, and source-of-funds verification.
Stablecoins facilitate Crypto Payments by acting as a bridge between traditional fiat and blockchain rails, enabling faster and more cost-effective cross-border money movement without the complexity of traditional intermediaries.
Infrastructure providers serve as the universal layer for Crypto Payments by managing regulatory compliance and banking relationships, allowing users to execute transactions across multiple rails without needing to distinguish between traditional finance and digital assets.