What is LineaBank (LAB)?
LineaBank is a lending protocol launched in August 2023. Specifically developed on Linea, which is a product of ConsenSys' zkEVM, LineaBank leverages the capabilities of the Ethereum Virtual Machine. This particular technology foundation not only ensures transparency and security but also extends two vital attributes: privacy protection and enhanced scalability. The zkEVM, by functioning as an optimized blockchain protocol, gives LineaBank its distinct edge. Further setting itself apart, this non-custodial lending platform promises users complete autonomy over their funds while eschewing the traditional intermediaries, resulting in an efficient and decentralized money market.
How LineaBank (LAB) Works
On LineaBank, users are incentivized through multiple channels for their engagement and loyalty. Firstly, the Yield Boosting feature rewards users with augmented APR, a rate that is directly proportional to their $LAB token stake. This not only promotes the holding of $LAB tokens but also results in increased returns for the users. Secondly, the platform's Revenue Sharing system is designed to distribute platform fees among users on a weekly basis, with the distribution quantity contingent upon their token stake. But LineaBank's commitment to ensuring the sustainability of the $LAB token doesn’t end there. An automatic Buyback and Burn system has been integrated into the platform. Here, when users lay claim to their share of platform fees, the system initiates a buyback of $LAB tokens. This not only circulates the tokens back into the system but also sees a significant chunk of the protocol's revenue channeled into burning $LAB tokens.
How Many LineaBank (LAB) Tokens Are in Circulation?
LAB has a total supply of 100,000,000. The current circulating supply of LAB is unknown.
How to Buy LineaBank (LAB)
Consider investing in LineaBank (LAB)? It only takes 2 minutes tocreate an account on Bitget and start trading LAB.
Check out the available LAB trading pairs on Bitget!
Spot market
LineaBank (LAB) Resources
Simple 3-step guide to buying LAB today in Qatar
Create your free Bitget account
Select a funding method
Complete your LineaBank purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for LineaBank using a payment method of your choice:
Buy LineaBank with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your LineaBank order.How to buy crypto with credit/debit cardBuy LineaBank with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into LineaBank is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your LineaBank order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your LineaBank order.Buy LineaBank with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your LineaBank order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor LineaBank in your Bitget spot wallet

Bitget—where the world trades LineaBank
How to buy LineaBank for free
- Learn how to earn LineaBank for free through the Learn2Earn promotion
- Earn free LineaBank by inviting friends to join Bitget's Assist2Earn promotion
- Receive free LineaBank airdrops by joining On-going challenges and promotions
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FAQ
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Qatar is a natural resource-rich country in the Arabian peninsula whose terrain primarily consists of desert, beaches, and dunes. The country is relatively small with 11.581 km2 in area and 2.8 million people, but its GDP per capita ranks 4th worldwide.
Doha, the capital and the most populous city in the country, is famous for its futuristic architecture with skyscrapers and Islamic-inspired modern buildings. Aspire Park, Souq Waqif, Museum of Islamic Art, and National Museum of Qatar are some notable examples. On the other hand, the country has amazing biodiversity, both flora and fauna on land and in water. History lovers can also pay a visit to the plethora of archaeological sites in Qatar, some of which are Al Da'asa, Al Khor Island, Jebel Jassassiyeh, and Lehsain. Even though the official language of Qatar is Arabic, many Qataris can speak good English so you don't have to worry about communication when visiting the country.
The national currency of Qatar is Qatari Riyal (QAR), and you can purchase LineaBank(LAB) with QAR almost instantly, no matter where you are in the country, with Bitget. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.