Futures Bonus Explanation

The distribution of Futures bonus comes in two forms:

1. Distributed directly to the Futures account, with no additional action required by the user.
2. Distributed in the form of vouchers to 【My Coupons】, where users need to click on their avatar - 【My Coupons】 to enter and claim. The Futures Bonus, equal to the face value of the coupon, will be distributed to the Futures account in real-time. Please note that the coupon has a validity period, and ensure you claim it in a timely manner.

1. The Futures bonus can only be used for Futures trading, and the profits are withdrawable;
2. The Futures bonus can be used for trading margins, fees, funding rates, and losses. LBank will adjust them according to specific activities;

3. Transferring funds from a Futures account to a Spot account or initiating a withdrawal will potentially result in the partial or full recovery of the Futures bonus by the system. The exact amount of the recovery can be found on the page displaying the relevant information.

4. Currently, the Futures bonus has an expiration date, and it will be automatically cleared after expiration. Please use it before the expiration date, and LBank will make adjustments according to specific events.
5. You can not register multiple email accounts to receive multiple Futures bonuses. If our system detects your cheating behavior, your account will be frozen and disabled.
6. The trading fees generated from Futures trading using Futures bonus are not subject to commission rebates.
7. LBank reserves the right to the final interpretation of the Futures bonus, including but not limited to modifying, changing, or canceling the activity without prior notice.

FAQs for Futures bonus

How to check my Futures bonus?

You can find your Futures bonus by clicking on the wallet on the website.

 

 

How to use the Futures bonus for trading?

If only Futures bonuses are in your account, they can be used as margins to participate in trading. The amount of profit generated from trading that exceeds the amount of the Futures bonus will belong to the user and can be transferred from the Futures account to the Spot account.

 

For example:

John has a 100 USDT Futures bonus in his account, which can be used for trading in the same way as user-owned Futures. After closing a position and earning a profit of 20 USDT, the total amount in the Futures account is 120 USDT. He can keep, transfer, or withdraw the 20 USDT profit. However, if he transfers the realized profit out of the Futures account, the Futures bonus in his futures account may be partially or fully automatically recovered by the system. As for the specific amount of recovery, please refer to the displayed amount on the page.

 

If the account contains both self-owned funds and Futures bonuses, it can increase the total amount of available opening positions and amplify profits.

 

For example:

John has 50 USDT in self-owned funds and 50 USDT in Futures bonus. This means he can open positions up to a total of 100 USDT. By using the bonus, John may be able to generate greater profits from his trades.

A friendly reminder: If you close a position at a profit, you can choose to keep, transfer or withdraw the realized profits. Please note that if you transfer the realized profits out of your Futures account, the Futures bonus in your futures account may be partially or fully automatically recovered by the system. As for the specific amount of recovery, please refer to the displayed amount on the page.

 

How are bonuses deducted?

The Futures bonus will be deducted after self-owned funds. If your account contains both self-owned funds and Futures bonus, any fees and losses generated during trading will be deducted from self-owned funds first.

 

For example:

John has 50 USDT self-owned funds and 50 USDT in Futures bonus. After his first trade, he incurred a loss of 40 USDT, which left him with 10 USDT in self-owned funds and 50 USDT in bonus remaining in his account.

 

 

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For any assistance, please contact us at our official email service@lbank.com. We are dedicated to providing quality, professional and prompt support.

 

Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.

 

LBank reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.