How to Trade Futures?(App)

1. Futures Trading Entry

• Register and log into your account on LBank App, click on 「Futures」 in the navigation bar.

2. Create a Futures Account

• Click on 「Open futures account」, check the box 「I have read and agree to the futures service agreement」 to create a futures account. Then you can start futures trading.

3. Transfer Funds

• Click the 「Transfer」 button next to 「Available」 on the right side of the trading page. In the pop-up window, enter the amount and confirm. Your USDT will then be deposited into your futures account.

4. Open a Position

（1）Select cross or isolated margin based on your preference.

（2）Select the trading pair you prefer.

（3）Select the leverage level you prefer.

（4）Enter the desired limit price (or choose market price) and futures quantity for the position you want to open. Then select the order direction 「Buy Long」 or 「Sell Short」 and confirm the order.

5. Close a Position

• Scroll down on the page, find the order you want to close, and tap 「Close」. You can choose either 「Limit Closing」or 「Market Closing」 to close the position. You can also select the quantity to close.

6. Set TP/SL

• Scroll down on the page. Select the order you want to set take profit/stop loss for, and click「TP/SL」 to edit. A pop-up window will appear.
• In the pop-up window, you can set TP/SL based on price, profit/loss quantity, or profit rate. The TP/SL price can be set according to the last price or mark price. Enter the trigger price as required, and the corresponding profit rate and profit/loss amount at the current price will be shown below.

• After confirming, you can view or cancel the corresponding TP/SL orders under「Current Orders」. You can also modify the TP/SL prices by tapping on them on the right side of the chart.

*You can also set TP/SL directly when placing the initial order.

7. Place Orders with Drawing Tools

• On the TradingView page, tap the "+" icon in the bottom right corner. Then directly drag a line across the chart to select the price level you want to open or close a position at.
• In the order placement window that pops up, confirm the price and enter the quantity. Also select whether you want to go long or short, then confirm the order.
• After confirming, the corresponding order will be displayed on the chart.

8. Reverse Position with One Click

• Click 「All Positions」, select the order you want to reverse, and click 「Reverse」. 
• In the pop-up window, enter the quantity of the position you want to reverse, or slide to adjust the percentage of the position to reverse. Then tap Confirm.
• After confirming, the corresponding reverse order will be displayed in the positions interface.