LBank Opens Limited P2P Flash Sale for First-Time Buyers
LBank's new-user P2P offer lets eligible KYC-verified individuals buy 1 USDT for 1 unit of local fiat in seven currency zones, subject to limited spots and app-version requirements.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
LBank announced a limited-time P2P promotion for new users, running until December 31, 2026. Eligible KYC-verified individuals who update the app to iOS 5.7.7 or Android 7.6.2 or above and select a "New User Flash Sale" USDT advertisement in one of seven fiat zones can buy 1 USDT for 1 unit of local fiat, once per user, while spots last. Users with P2P transactions since June 1, 2025, and merchant, API trading or institutional accounts, are excluded. The source establishes no required action beyond these conditions for those who choose to participate. This content is not investment or trading advice.
On this page
- 01
Offer: eligible users can buy 1 USDT for 1 unit of local fiat via a "New User Flash Sale" P2P advertisement.
- 02
Event period: from publication until December 31, 2026, with limited spots on a first-come, first-served basis.
- 03
Eligible fiat zones: IDR, VND, PKR, PHP, MYR, RUB and UAH.
Key timeline
Cutoff date: users with any P2P transaction on or after this date are ineligible.
Announcement dated June 30, 2026, per the source's sign-off.
Official publication timestamp listed for the announcement.
Event period ends.
Who may be affected
- KYC-verified individual LBank users with no P2P transaction since June 1, 2025.
- Users in the IDR, VND, PKR, PHP, MYR, RUB or UAH fiat zones.
- Users on app versions below iOS 5.7.7 or Android 7.6.2, who must update to participate.
Impact analysis
The direct operational effect is confined to eligible individuals using the seven listed fiat zones: they must complete KYC, update the app to the stated minimum versions, and select a "New User Flash Sale" advertisement in the USDT section to attempt the 1-for-1 purchase. Each user may participate once, and each transaction must meet the minimum purchase amount for the offer to apply. Spots are limited and allocated first-come, first-served, so completing the steps does not guarantee the offer. LBank states that certain fiat markets may impose T+1 or T+2 withdrawal restrictions after crypto purchases, with details on the withdrawal page. Merchant, API trading and institutional accounts, and users with P2P activity since June 1, 2025, fall outside the promotion's scope. This content is not investment or trading advice.
What the announcement does not say
The source does not disclose the number of available spots, the minimum purchase amount per transaction, the exact start time, or which specific fiat markets apply T+1 or T+2 withdrawal restrictions. It also does not explain how the 1-unit price is settled or what happens if spots run out mid-transaction.
Risk notes
- Spots are limited and first-come, first-served; eligibility alone does not secure the offer.
- LBank reserves the right to disqualify users for wash trading, bulk registration, self-dealing, matched trading, cheating or fraud.
- LBank may adjust, amend or terminate event rules without prior notice and holds final interpretation.
- Some fiat markets may apply T+1 or T+2 withdrawal restrictions after crypto purchases; check the withdrawal page.
- This article is only for verifying official exchange announcements and is not investment or trading advice.
- This article verifies official exchange announcements and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
Who can take part in the LBank P2P offer?
KYC-verified individual users in the IDR, VND, PKR, PHP, MYR, RUB or UAH zones who have not conducted any P2P transaction since June 1, 2025. Merchant, API trading and institutional accounts are excluded.
How many times can an eligible user participate?
Once per eligible user, and each transaction must meet the minimum purchase amount requirement for the offer to apply.
Does the source say how many discounted spots exist?
No. It states only that spots are limited and available first-come, first-served, without giving a number.
Are there withdrawal limits after the purchase?
The source says certain fiat markets may impose T+1 or T+2 withdrawal restrictions after crypto purchases and directs users to the withdrawal page for details; it does not specify which markets.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.
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