Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.
Users are not allowed to open new positions for the aforementioned contract starting from 07:00 on August 3, 2023 (UTC).
In order to protect users and prevent potential risks in extremely volatile market conditions, LBank Futures may undertake additional protective measures toward the XUSDT Perpetual Contract without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
If you have problems, please contact LBank official email: firstname.lastname@example.org, and we will provide sincere, friendly and immediate service. We also welcome you to join LBank official English community to discuss the latest issue (Telegram): https://t.me/LBank_en.